Many private practice owners report examples of losing good staff because they couldn’t match the compensation of a competitive offer. If compensation at a private practice is generally lower than at larger competitors like hospitals or health systems, what can you do? My guest today helps his private practice clients work through this, and he has some ideas for us.
Mike Lyons is an HR Consultant and Fractional HR Leader to small and medium sized healthcare clients, and he owns and runs Seasoned Advice. Mike has 20 years of HR leadership experience in multiple settings, but healthcare has been my favorite environment to support. Mike helps his clients reduce risk, improve staff retention, and recruit healthcare staff, among other services.
In this episode Carl White and Mike Lyons discuss:
- How often Mike deals with this situation
- The advantages a private practice has over larger competitors
- How a private practice puts those advantages into practice when they can’t necessarily pay at the top
Want to be a guest on PracticeCare?
Have an experience with a business issue you think others will benefit from? Come on PracticeCare and tell the world! Here’s the link where you can get the process started.
Connect with Mike Lyons
https://www.linkedin.com/in/mikelyonshr/
https://www.seasoned-advice.com/
Connect with Carl White
Website: http://www.marketvisorygroup.com
Email: whitec@marketvisorygroup.com
Facebook: https://www.facebook.com/marketvisorygroup
YouTube: https://www.youtube.com/channel/UCD9BLCu_i2ezBj1ktUHVmig