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| Advanced Practice Management 7101 York Avenue South, Suite 300 Edina, Minnesota 55435-4407 Phone 952-921-3360 Fax 952-921-3281 email info@advancedpracticemanagement.com |
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| Advanced Practice Management Fall 2008 Detailed Benefit Survey | Back to Clients Only contents | |
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| Paid Vacation—Full Time Employees | ||||||
| Number of weeks equivalent* within 1 year | 0 wks 57% | 1 wk 30% | 2 wks 13% | |||
| Number of weeks after 1 year |
1 wk 64%
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2 wks 33% | 3 wks 3% | |||
| Number of weeks after 2 years | 1 wk 16% | 2 wks 76% | 3 wks 8% | |||
| Number of weeks after 5 years: | 1 wk 2% | 2 wks 33% | 3 wks 57% | 4 wks 7% | ||
| Number of weeks after 10 years: | 1 wk 1% | 2 wks 18% | 3 wks 59% | 4 wks 22% | ||
| Paid Vacation—Part Time Employees— What is the minimum number of hours worked/week to qualify for paid vacation: |
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| 6–10 | 11–19 | 20–29 | 30–31 | 32+ | ||
| 15% | 13% | 32% | 9% | 32% | ||
| *"Weeks equivalent" means if employee works 4 day work week, 2 "weeks equivalent" of vacation is 8 paid days. | ||||||
| Paid Holidays—Full Time Employees | ||||||
| Number of paid Holidays for full-time employees | ||||||
| 0 days - 2% | 1 day - 0% | 2 days - 2% | 3 days -0% | 4 days -2% | 5 days-7% | |
| 6 days- 66% |
7 days- 15% |
8 days- 5% |
9 days- 0% |
10 days- 1% |
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| What is your definition of a full-time employee (hrs/wk)? | ||||||
| 6-10 | 11-19 | 20-29 | 30-31 | 32-35 | 36+ | |
| 1% | 0% | 15% | 14% | 56% | 14% | |
| Paid Holidays—Part Time Employees | ||||||
| No Holiday benefit | 37% | |||||
| Prorated number of Holidays | 17% | |||||
| Prorated portion of each Holiday | 21% | |||||
| Only for Holidays that fall on their normal work days | 35% | |||||
| Minimum number of hours worked per week for employees to qualify for some Holiday pay: | ||||||
| 6-10 | 11-19 | 20-29 | 30-31 | 32+ | ||
| 24% | 24% | 24% | 7% | 11% | ||
| Dental Benefts | Full Time | Part Time | Family Members | |||
| Free except for lab costs | 82% | 68% | 39% | |||
| Completely free | 16% | 12% | 6% | |||
| Discount off normal fee | 1% | 4% | 39% | |||
| Most common discount for fulltime, part time and family members was 50%; next most common was 35% | ||||||
| Maximum age of employees' children to receive dental benefits: | 18 years | 21 years | Other | |||
| 25% | 43% | 18% | ||||
| Medical Insurance | ||||||
| No medical insurance benefit | 31% | |||||
| Full premium paid | 15% | |||||
| Partial premium paid | 44% | average; 50% most common; 75% next most common | ||||
| Flat fee paid by employer | 20% | Average amount, $180 | ||||
| Minimum number of hours per week to receive medical benefits | ||||||
| 6–10 | 11–19 | 20–29 | 30–31 | 32+ | ||
| 9% | 5% | 25% | 21% | 48% | ||
| Sick Days/Well Pay | ||||||
| Number of days per year for full-time staff | 0–3 | 4 | 5 | 6 | 7 | 8 |
| 52% | 13% | 10% | 20% | 1% | 4% | |
| Minimum number of hours worked per week to receive benefits for part-timers: | ||||||
| 6-10 | 11-19 | 20-29k | 30-31 | 36+ | ||
| 9% | 16% | 42% | 6% | 27% | ||
| Unused sick days are paid out as well pay: | ||||||
| Yes, 51% | No, 25% | |||||
| N/R, Sick days are included in Paid Time Off (Vacation Pay) | 36% | |||||
| Continuing Education | ||||||
| Paid days per year | 1 | 2 | 3 | 4 | Other | |
| 20% | 27% | 17% | 21% | 16% | ||
| Minimum number of hours per week to receive benefits | ||||||
| 6–10 | 11–19 | 20–29 | 30–31 | 32+ | ||
| 18% | 15% | 30% | 10% | 28% | ||
| Miscellaneaous Benefits for full-time employees | ||||||
| Life Insurance | Retirement Plan | License Fee Paid | Flex Plan | Disability Insurance | Dues Paid | |
| 11% | 88% | 51% | 31% | 13% | 47% | |
| Prepared By: Davich, Wilson, Morrow and Associates, P.A.,Certified Public Accountants, 952-881-3128 | ||||||
However, it’s not just about money. It’s harder to measure the increased personal satisfaction and sense of security our clients enjoy. Call 952 921 3360. |
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| If you have a practice management question, email Bill, Shelly, or Matt, and it won't cost you a nickel! | More than 250 dentists will vouch for our integrity and competence. See our testimonials. |
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