Signing Bonuses: A Wolf in Sheep’s Clothing

In the world of veterinary medicine, the competition to hire veterinarians is fierce. To entice skilled veterinarians to join a practice, many veterinary clinics are turning to signing bonuses as an incentive. While bonuses can be very attractive, employees should...

Dismantling a Practice

Abstract Current trends in veterinarian demographics, ownership rates, and corporate consolidation have left many small practices with aging owners and no viable succession plan. As a result, the frequency of veterinary practices closures is increasing. Closing a...

Sharing The Windfall

In the current arena of veterinary practice sales, it is impossible to ignore the intense interest in practice consolidation by corporate entities, but it should be noted that this trend is not brand new. Corporations have owned veterinary practices for over 30 years,...

Pay Raise Requests: How to Make Them and How to Respond

Pay Raise Requests: How to Make Them and How to Respond Kellie G. Olah, SPHR, CVPM   Veterinary practices, like many other businesses, often award pay raises in connection with an annual employee review. It’s a logical time to do so since that’s when employers provide...

Chewy and Covetrus Face Off in Veterinary Prescription Dispute

Chewy and Covetrus Face Off in Veterinary Prescription Dispute By: Isaac Brownstein  A 2017 study shows that 77% of people consider their cats and dogs to be members of the family—and so it isn’t surprising that, collectively, they’re willing to spend big dollars on...

How Practice Managers Can Keep Up with Changing Employment Laws

How Practice Managers Can Keep Up with Changing Employment Laws By: Kellie Olah, SPHR, SHRM-CP Although it has always been challenging for many small business owners to keep up with evolving employment-related legislation, COVID-19 has made this situation even more...
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