Is Hiring a Vet Too Expensive?
Are you feeling overwhelmed with your caseload and unsure if you can afford to hire help? I understand the common dilemma but let me show you why expanding your staff is a smart move.
We often hear from practice owners who are interested in bringing in an associate but hesitate when they consider the costs. On average, an associate earns about $100,000 annually. However, an associate veterinarian typically brings in over $600,000 per year, resulting in a yearly profit of $140,000 after clinic expenses. That’s a significant return on your investment. Keep in mind that it may take a few months to see that return, so patience is key if you decide to hire an associate.
The process of hiring an additional veterinarian can take up to a year or even longer. Finding the right associate may also require months of posting, recruiting, emailing, making phone calls, and conducting interviews. This is where a recruiting service like DVM Consulting and Recruiting Services can be a valuable resource. With a 93 percent success rate in presenting quality candidates within the first 90 days, our service can save you time and effort. Give me a call, and I’ll explain how investing in our services can lead to long-term results for your practice.