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Healthy Veterinary Practices – Compensation Trends for Veterinary Professionals

October 7, 2022

Join an esteemed panel Thursday, Oct. 13 at 11:30am PT, for the next edition of the Veterinary Practice Growth speaker series. The veterinary profession, like most industries and business, are competing now more than ever to attract and retain talent. Historically, the veterinary profession operates behind the times, and our compensation model is no different. Generational expectations and the personal needs of the talent pool and of our current teams are changing rapidly. Let’s evaluate if we are in the 21st century, and more so, look to the future and if we can pivot from our antiquated salary and benefits models to a more robust total compensation package. The panel will explore creating, implementing, and highlighting other non-monetary perks to draw in and retain top talent. We will consider what works, what doesn’t, and what can we do differently in this rapidly changing market.

  • Discuss traditional methods of compensation for professionals and identify areas of concern with these models.
  • Discuss the pros and cons of alternative methods such as the ProSal model, other bonus structures based on merit or revenue, and benefits, as well as other outside-of-the-box ideas to consider.
  • Discuss the need to be competitive in today’s market to attract and retain top talent.
  • Discuss non-monetary benefits that hold value such as mentorship and flexible schedules to compete with a changing market and changing employee needs/expectations.

The goal is to have attendees revisit current employee and potential candidate needs. We want them to leave with creative ideas of wages, different benefits options, and non-monetary perks that may be of interest to employees and candidates that also balance client service and the success of the business.

Presented by an expert industry panel:

  • Andrea Crabtree, BS, CVPM, SPHR, PHRca, CCFP, FFCP
  • Debbie Hill, CVPM SPHR SHRM-SCP CCFP
  • Elizabeth Fritzler DVM, CVPM (Washington’s own)
  • Monica Dixon Perry, CVPM

 

To register for the event, click here.