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Hiring an exceptional associate veterinarian can be a daunting task. What are the best practices for hiring an associate? Does your practice need a new associate to grow or would it be better to hire another credentialed technician? What are the signs indicating that another doctor is needed? How do you assure a good fit? What is your practice looking for in an associate? Should you hire an experienced doctor or a new graduate?
Once the decision is made to hire an associate, how should the new doctor be paid? What are the goals your practice is trying to accomplish and is your associate compensation package structured to help reach those goals? Does your practice understand the three main types of compensation structures? Is straight pay the best or perhaps full production? What about a blend? What are the benefits and disadvantages of each? How are percentages determined and what charges should be counted? How does fringe benefits fit into the compensation package?
The considerations do not end with simply determining how much to pay the new associate. It is important to create a quality employment contract and to understand how to evaluate crucial practice KPI.
Veterinary associates will find the topics covered in this course important to their career as well. It is crucial that all associates understand compensation options and general industry standards.
The decision to hire a new associate, the factors involved in finding the right fit, creating a well structured compensation package, setting up employment contracts and monitoring and evaluating KPI has a direct and profound impact on the financial health of the practice and the quality of medical care.
PLEASE NOTE: This course contains flash based Articulate presentations. iPhones and iPads are not natively flash compatible but if a flash compatible browser has been installed on the iPad the presentations will play correctly. This link Flash on iPads provides information on flash compatible browsers. The presentations may also be viewed on a Mac. |
Upon completion of the course, the student will be able to:
- list the reasons a practice might hire additional veterinary help
- recognize how a new veterinarian will impact the financial situation of a practice
- know the different types of veterinarians that are available for additional doctor hours
- identify the skills needed in a new practice doctor
- give examples of how and where to find a new doctor
- compare and contrast the various associate veterinarian financial compensation models
- list the various fringe benefits that are part of compensation packages
- discuss associate contract terms
- explain the key performance indicators used to evaluate new associates
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This 4 week course covers best practices when hiring an associate veterinarian as well as how to design a fair compensation package. The course looks at the three common methods of compensating associate veterinarians. Common benefits, industry averages and general employment contract concepts are covered as well. |
All material is contained online - the purchase of additional materials is not required |
...I liked the overall presentation of each topic. It was easy to follow
...I thought the presentation of the material was well done. The slides and naratives were very easy to understand.
...I think the material presented in this course was very relevant. I appreciated having statistics posted within the material to eliminate the need for me to go research those at a later time. I also liked how the audio material was in text format so I can easily reference in the future. I will use content learned through this course within the next couple of weeks. It was well worth my time. I do intend to spend more time on The Forum as time permits and I do think I may have a few questions that I will ask the instructor once I sit down again to process the information.
...Getting the information on usual fringe benefits, e.g. vacation time. Also, the information on the blended pay system.
...Fringe benefits and different pay scales very beneficial.
...It was a good overview of how to hire and methods of compensation
...I liked the hard versus soft skills |
VetMedTeam courses are asynchronous - they do not contain real time components. Students log in at times convenient to personal schedules.
PLEASE NOTE: This course contains flash based Articulate presentations. iPhones and iPads are not natively flash compatible but if a flash compatible browser has been installed on the iPad the presentations will play correctly. This link Flash on iPads provides information on flash compatible browsers. The presentations may also be viewed on a Mac. |
Participants are required to submit numerous graded assignments and to complete the course examination.
Participants are expected to spend a minimum of 2 to 4 hours per week working towards course completion – reading the content, submitting assignments, and submitting the examination.
Upon fulfillment of the course requirements, the student will receive a VetMedTeam certificate of completion that will document the VHMA credits earned. |
This course is appropriate for all veterinary practice team members involved in associate hiring and compensation as well as for associate veterinarians seeking to better understand their compensation package. |
Course meets the requirements for 10.00 RACE hours of continuing education credit for veterinary technicians and veterinarians in jurisdictions which recognize AAVSB's RACE approval. However, participants should be aware that some boards have limitations on the number of hours accepted in certain categories and/or restrictions on certain methods of delivery.
This course is applicable for 10.00 CE credits toward the continuing education requirement for the Certified Veterinary Practice Manager program offered by the Veterinary Hospital Managers Association (VHMA). |
Participants may enroll in this course after it has begun, up to the enrollment deadline date. Participants who enroll after the start date do not miss out on any components of the course.
There are no real time sessions.
The design of this course allows each participant to proceed based on individual schedule, as long as all assignments are submitted by the assignment submission deadline |
 Donna Harris, DVM, MBA
Dr. Harris received her veterinary degree from Michigan State University in 1987 and her MBA from Grand Valley State University in 2000. She practiced small animal and exotics medicine for 20 years before starting Veterinary Special Services, a financial and strategic planning consulting firm.
Today she teaches business and career development topics at Michigan State University's College of Veterinary Medicine and St. Matthew's School of Veterinary Medicine in Grand Cayman as well as consulting for private practice veterinary businesses. |
May 15, 2013 - Registration deadline is 11:30 PM Eastern May 20, 2013
August 13, 2013 - Registration deadline is 11:30 PM Eastern August 20, 2013
November 01, 2013 - Registration deadline is 11:30 PM Eastern November 06, 2013
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