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Create a Team-Led Practice Through Incentivization
Online
Added:03/05/2024 12:09 PM

Course Description:
The landscape of today’s workforce has changed dramatically and, in the past three years, the values most important to employees have morphed. Therefore, we as employers have to change the way we offer our employment opportunities. Offering competitive compensation alone is no longer enough.
An effective tool to attract and retain talent is to incentivize the team in a manner that is mutually beneficial to each individual employee and the practice as a whole. The “what’s in it for me” (or WIIFM) attitude can be leveraged to increase
productivity and transform your office to a team led practice thus reducing the burden of growth on the practitioner. We will present concepts and techniques that are out of the norm to reward hard working team members that wish to make life changing returns while catapulting practice output. We will then discuss the methods and rationale behind the innovative model of a three-tiered Incentive Compensation Program.
The “what’s in it for me” (or WIIFM) attitude can be leveraged to increase productivity and transform your office to a team led practice thus reducing the burden of growth on the practitioner. We will present concepts and techniques that are out of the norm to reward hard working team members that wish to make life changing returns while catapulting practice output. We will then discuss the methods and rationale behind the innovative model of a three-tiered Incentive Compensation Program.
Learning Objectives:
• Identify the variable expense factor, fixed expense factor, break-even point (BEP) and ideal percentages for each expense category on your profit and loss statement
• Learn how to analyze and identify the procedures or tasks generating valuable margins that are worth incentivizing in your practice
• Learn how to implement individual, team and group incentives based on the daily opportunities presented to each individual employee
About the Presenter:
Phil Chahine, DMD, FAGD, is one of the premier dental providers in central Ohio. His peers voted him Top Dentist in Columbus in 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, and 2021 in surveys published in the Columbus Monthly magazine. He is also an Invisalign Premier Provider, having completed over 200 cases of clear aligner treatment over the years. Additional training and recognition includes:
Associate Fellow of the World Clinical Laser Institute
Member of the Academy of Laser Dentistry
Trained in the DOCS (Dental Organization for Conscious Sedation) sedation protocols, so he can make your visits more comfortable
Published research on dental plaque

Dr. Chahine lives in Bexley, OH with his wife Liz, daughters Leila and Ava, son Alexander, and their beagle Bonnie. In his spare time, Dr. Phil enjoys good food, skiing, golfing, and traveling. He is a huge fan of the band U2 and an even bigger hockey fan, mainly rooting for the Montreal Canadiens and hoping they win the Stanley Cup every year! He no longer gets on the ice himself due to injuries.
AGD Code: 550
Release Date: 3/5/24
Review Date: 3/5/27
CE Credit: 1 CEU
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Course Description:
The landscape of today’s workforce has changed dramatically and, in the past three years, the values most important to employees have morphed. Therefore, we as employers have to change the way we offer our employment opportunities. Offering competitive compensation alone is no longer enough.

An effective tool to attract and retain talent is to incentivize the team in a manner that is mutually beneficial to each individual employee and the practice as a whole. The “what’s in it for me” (or WIIFM) attitude can be leveraged to increase
productivity and transform your office to a team led practice thus reducing the burden of growth on the practitioner. We will present concepts and techniques that are out of the norm to reward hard working team members that wish to make life changing returns while catapulting practice output. We will then discuss the methods and rationale behind the innovative model of a three-tiered Incentive Compensation Program.

The “what’s in it for me” (or WIIFM) attitude can be leveraged to increase productivity and transform your office to a team led practice thus reducing the burden of growth on the practitioner. We will present concepts and techniques that are out of the norm to reward hard working team members that wish to make life changing returns while catapulting practice output. We will then discuss the methods and rationale behind the innovative model of a three-tiered Incentive Compensation Program.


Learning Objectives:
• Identify the variable expense factor, fixed expense factor, break-even point (BEP) and ideal percentages for each expense category on your profit and loss statement
• Learn how to analyze and identify the procedures or tasks generating valuable margins that are worth incentivizing in your practice
• Learn how to implement individual, team and group incentives based on the daily opportunities presented to each individual employee

About the Presenter: 

Phil Chahine, DMD, FAGD, is one of the premier dental providers in central Ohio. His peers voted him Top Dentist in Columbus in 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, and 2021 in surveys published in the Columbus Monthly magazine. He is also an Invisalign Premier Provider, having completed over 200 cases of clear aligner treatment over the years. Additional training and recognition includes:

  • Associate Fellow of the World Clinical Laser Institute
  • Member of the Academy of Laser Dentistry
  • Trained in the DOCS (Dental Organization for Conscious Sedation) sedation protocols, so he can make your visits more comfortable
  • Published research on dental plaque
 

Dr. Chahine lives in Bexley, OH with his wife Liz, daughters Leila and Ava, son Alexander, and their beagle Bonnie. In his spare time, Dr. Phil enjoys good food, skiing, golfing, and traveling. He is a huge fan of the band U2 and an even bigger hockey fan, mainly rooting for the Montreal Canadiens and hoping they win the Stanley Cup every year! He no longer gets on the ice himself due to injuries.

AGD Code: 550

Release Date: 3/5/24

Review Date: 3/5/27

CE Credit: 1 CEU

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