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?