One of the most common questions that Bethany gets is, “When should I give a raise?” In this episode, Dr. Kuba and Bethany unpack the mystery of salary and hourly increases. Their advice is to ensure that the team has a clear understanding of when and how often pay will be reevaluated. This clarity will prevent employees from asking for a raise, which seems to be every practice owner’s worst nightmare. Dive into this episode for more details on how to conduct salary reviews and what to expect in these meetings. Team pay is certainly a stressful aspect of practice ownership, but this episode will provide some thoughts and ideas to guide the owner through the process.

Show hosts Bethany Petty and Dr. Reena Kuba discuss the following topics:

What is a salary review?
Are salary reviews the same thing as performance reviews?
The importance of a full compensation package
Remaining competitive in pay

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Management Tool Kit: Salary Review