Hello Dr. Snyder,
I read your article in new dentist this past month and I have a quick question for you. You wrote, “lab charges are usually made against your compensation at the same percentage of your commission.” Does that mean that if the associate is getting paid 35% of collections that the lab bill is deducted from the 35%? Or is the lab bill deducted from the associate’s total collections and then 35% is taken from that? Thanks for your time. great article!
Jayson










Hi Jayson,
Thanks for your note. I am glad that you enjoyed the article. The correct way is the latter deducting the lab charge from the fee and then multiplying by 35 %. This is how 80 % plus of our clients transactions are designed.
All the best,
Dr. Tom Snyder