Profit Sharing and Team Rewards
As with any successful program in the dental practice, a fully engaged team and supportive effort is required. The Oxyfresh program in the office can provide a rich environment for enthusiastic teamwork, confidence building and leadership development among the entire team. It is recommended to reward those team members who are committed to improving the overall health and wellness of your patients along with the enhanced level of care and attention your patients deserve. Oxyfresh gives you the opportunity to do just that. Through the substantial passive income earned, this program allows you to provide profit sharing opportunities that the entire team can get excited about.
Here are some ideas:
- Set up a Profit Sharing Team Fund
- Provide the entire retail profit or a fair percentage to the fund
- Divide the fund into equal shares and give out as a monthly or quarterly cash bonus
- The fund can be applied toward Continuing Education (CE) courses, vacations or trips, shopping spree or spa days, parties, etc.
- Set realistic benchmarks and goals as a team
- Encourage all team members to participate in setting up a reward system that is a win for everyone
