Wondering How to Provide Employee Benefits? These Tips May Help You

As an employer with a dental practice, it falls on your shoulders to make sure you provide your employees with reasonable benefits. Besides the basic salary, most people on a dentist job search tend to ask what the job’s benefits are. You should ensure the answer you have resonates with such candidates.

These tips will help you come up with an attractive employee benefits plan and will ultimately help you get the best candidates whenever you have openings for general dentist jobs.

Addressing the Challenges You’re Facing

If your practice is able to offer a strong benefits package, this will set you apart from the other dental practices in the area, helping you compete favorably. However, it is worth mentioning that the cost of providing benefits keeps getting higher. Considering such aspects as health insurance, sick leave, vacation time and holiday time, these benefits become incredibly costly cumulatively and may run down the profitability of your practice.

Keeping this in mind will help you design an attractive benefits package for dental positions — which will help you get the best candidates when you have vacant spots for general dentist jobs in your practice.

What Your Employees are Entitled To

When thinking about what sorts of benefits to provide, you ought to remember that there are certain benefits employees receive that are paid for by their employer. Some of these benefits are mandated by state or federal law.

Social security, Medicare, unemployment insurance, and workers’ compensation are examples of some of these benefits. When coming up with a benefits package for dental industry jobs, these should be considered as part of your plan.

Designing an Attractive Benefits Package

After providing these state-mandated benefits, everything else is provided voluntarily. Some of these benefits include sick leave, dental insurance, educational assistance and paid holidays. Health insurance may also fall under this category, since it’s not a federally mandated requirement for people working in private dentist jobs.

Most employers design their benefits packages to help their employees through a challenging situation. For example, packages may include bereavement leave, legal coverage, child-care assistance, and elder-care assistance. Including these will help create a name for your practice as one that’s concerned with the welfare of its employees. This will help you get more qualified candidates when trying to fill up vacant general dentist jobs opportunities in your office.

How to Save Costs When Providing Benefits

When structuring employee benefit plans, employers typically have a lot of flexibility. Below are some ideas on how to maintain an attractive benefits package while saving a buck at the same time when advertising dental job openings.

  1. Health Insurance: If you offer group health insurance coverage, you could think about putting a lid on how much money the practice will spend. You may pay a percentage of the premium, or pay only a maximum amount of money. For example, you can choose to pay 50%, 70% or even 100% of the premium, or a maximum of, say, $250 — whichever is cheaper. Cost-conscious employers are also turning to mini-medical plans and Health Savings Accounts to help them provide attractive benefits without breaking the bank.
  2. Paid Holidays and Vacation Time: First, you ought to pick out the holidays your practice will offer as paid time off. After you’ve done this, you can then choose to only pay for the holiday if it falls on a regular workday. For example, if your practice runs from Monday to Thursday, a holiday that falls on Friday wouldn’t qualify as paid time off. Alternatively, you can opt to only pay if the employee reports to work on the days before and after their vacation. This will prevent them from calling in sick before and after the holiday to get more constructive time off.

Using these ideas will help you come up with a plan that resonates with employees. In turn, this will ensure you get the best people for your general dentist jobs without sacrificing your practice’s bottom line.

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