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Are Bonuses Doing More Harm Than Good in Your Practice?
Manage episode 439703110 series 2499378
Are you struggling to motivate your orthodontic team without using ineffective bonus systems?
In this "Five Minute Friday," I dive into a problem I’ve seen time and again in orthodontic practices—bonus systems that create more problems than they solve.
Many of us have been there, trying to motivate our team with financial incentives, only to be disappointed when the motivation fades quickly.
Regularly scheduled financial incentives often create a cycle of expectations and entitlement.
What’s the alternative?
It all comes down to understanding what drives your team, and trust me, it’s not always money.
Learn how small, unannounced gestures of appreciation can make a bigger impact on your practice culture and employee satisfaction.
Listen in!
Key Takeaways
Intro (00:00)
Bonus systems are often ineffective long-term (00:35)
Positive reinforcement benefits are short-lived (00:58)
Understanding team members' love languages is crucial (02:39)
Surprise gifts are more impactful than expected bonuses (03:25)
Timing of rewards affects expectation-setting (04:41)
Additional Resources
- Register for the OrthoPreneurs Summit 2025: http://opsummit2025.com/
- For more information, visit: https://orthopreneurs.com/
- Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneurs
460 episodes
Manage episode 439703110 series 2499378
Are you struggling to motivate your orthodontic team without using ineffective bonus systems?
In this "Five Minute Friday," I dive into a problem I’ve seen time and again in orthodontic practices—bonus systems that create more problems than they solve.
Many of us have been there, trying to motivate our team with financial incentives, only to be disappointed when the motivation fades quickly.
Regularly scheduled financial incentives often create a cycle of expectations and entitlement.
What’s the alternative?
It all comes down to understanding what drives your team, and trust me, it’s not always money.
Learn how small, unannounced gestures of appreciation can make a bigger impact on your practice culture and employee satisfaction.
Listen in!
Key Takeaways
Intro (00:00)
Bonus systems are often ineffective long-term (00:35)
Positive reinforcement benefits are short-lived (00:58)
Understanding team members' love languages is crucial (02:39)
Surprise gifts are more impactful than expected bonuses (03:25)
Timing of rewards affects expectation-setting (04:41)
Additional Resources
- Register for the OrthoPreneurs Summit 2025: http://opsummit2025.com/
- For more information, visit: https://orthopreneurs.com/
- Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneurs
460 episodes
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