How do you read this job ad?

Author
Discussion

nickfrog

Original Poster:

22,671 posts

231 months

Friday 30th May
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What's your understanding of that bonus promise considering there is nothing else about it on the ad nor the job spec?

I have found out but would like to know how most people would perceive what the bonus is?

Alex Z

1,750 posts

90 months

Friday 30th May
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It’s not a bonus promise. It’s a bonus potential, which sounds like it has definite numeric criteria attached.

Actual

1,222 posts

120 months

Friday 30th May
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Mrs Actual spent £8K on her teeth so 2 customers and you've made your bonus.

silentbrown

9,824 posts

130 months

Friday 30th May
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So dentists are now paid on commission... Are there kickbacks on selling finance packages too?

OMITN

2,645 posts

106 months

Friday 30th May
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Traditionally all dentists are self employed.

Usually they take a revenue share (based on UDAs) of the work they do. Clearly the practice is offering a commission based structure and also straight employment, rather than the conventional self-employment model.

Dentistry is dominated by a few huge businesses and generally the model is one of growth through acquisition. I expect the revenue share model will be reduced as more and more practices are concentrated in the hands of fewer owners.

Edited by OMITN on Friday 30th May 22:08

Greasemonkey13

56 posts

106 months

Friday 30th May
quotequote all
I have no dentist knowledge but my assumption based on reading what you have posted is that there is a basic salary based on 3 days per week… a maximum bonus of £15,000 is available based on number of dental activities carried out.

It references 4,000 so I’d imagine that is the number you’d need to hit to get the £15k.

Based on a 3 day week with 5 weeks of per year, that’s 30 activities per day… which, when accounting for sick days and no shows etc seems high to me… but then I have no knowledge of the dentistry world.

I also assume there are additional earnings if you take on private clients and can upsell them a new set of veneers or a whitening kit etc.

No idea if I’m right but on reading what you have posted - I would guess the above 🤷‍♂️

silentbrown

9,824 posts

130 months

Friday 30th May
quotequote all
OMITN said:
Dentistry is dominated by a few huge businesses and generally the model is one of growth through acquisition.
I hadn't realized that. So basically the same approach that's currently screwing up veterinary practices. frown

Oursdentist here is still local and independent, as far as I can tell.

InitialDave

13,121 posts

133 months

Friday 30th May
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nickfrog said:
What's your understanding of that bonus promise
In any context, "up to" means "zero" until you know more.

nickfrog

Original Poster:

22,671 posts

231 months

Saturday 31st May
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Apologies about the use of the word "promise". I don't have an issue with the "up to" on this occasion.
My issue is that most people would assume the bonus is a yearly recurrent event.
It turns out it's only a one-off for year one, and then the bonus stops. In other words it's a welcome bonus but performance based.
It's quite usual in the industry but I feel it's not transparent and potentially misleading.



Alex Z

1,750 posts

90 months

Saturday 31st May
quotequote all
nickfrog said:
Apologies about the use of the word "promise". I don't have an issue with the "up to" on this occasion.
My issue is that most people would assume the bonus is a yearly recurrent event.
It turns out it's only a one-off for year one, and then the bonus stops. In other words it's a welcome bonus but performance based.
It's quite usual in the industry but I feel it's not transparent and potentially misleading.
Bonus schemes are normally a permanent feature rather than just in year 1.
Surely this just results in dentists playing musical chairs and moving jobs every year, or employers having to offer it again as an incentive to stay.

Sy1441

1,281 posts

174 months

Monday 9th June
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Actual said:
Mrs Actual spent £8K on her teeth so 2 customers and you've made your bonus.
My missus was nearer to £25k. After one of the later appointments she mentioned "Raymond was saying he has bought a new boat", It better have my name on the side of it was what I was thinking lol.