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Veterinary Compensation

CPAs for Veterinarians

Veterinary Compensation

Based on AVMA Census about 50% of veterinarians are paid a straight salary, roughly 10% hourly, 10% production only, and 30% mix of salary and production. That brings a lot of questions to the table. Who earns more money? Is it the veterinarian on production or the person on salary? Money put aside, are the veterinarians on production closer to burnout than the ones who are paid hourly? How much money are we talking about? Click on the Podcast below to learn more about the AVMA Census as well as the pros and cons of each compensation type. How do you choose what you will pay the new hire and how will you structure the compensation?

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The JF Bell Group made our lives easier right from the start! They helped design, organize, and implement all of our financial systems and controls, providing just what we needed to successfully grow our practice. Since we purchased our first clinic in 1999, they helped us evaluate, and now manage a second clinic purchased in 2005. Today, they’re advising us as we prepare to close on a third practice in the spring of 2018...
John Coplin, DVMPresident, Willowcreek Animal Hospital
We have been using the JF Bell Group to help us track and manage the finances of Northgate Animal Hospital for over twenty-five years. Like many solopreneurs, we struggled running the practice and making good financial decisions. We discovered very early that running a practice is hard work and not a one person job. Fortunately, the JF Bell Group stepped in and partnered with us to keep our financial affairs in excellent shape...
Leslie H. Stone, DVMNorthgate Veterinary Hospital P. C.
Solutions By JF Bell Group, a practice management consultant will benefit our business and veterinary profession immensely. We have certainly seen the results with our veterinary emergency clinic business. Jim has been able to offer solutions with staffing, business management, and profitability issues without business. I would personally recommend any veterinary business needing help with management of their practice to give Jim and his group an opportunity to grow and profit from his expertise...
Brad J. Francis, DVMPartner/Owner, Idaho Falls Veterinary Emergency Clinic
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