|Articles|July 1, 2008
Calculate associate pay with this formula
Author(s)Denise Tumblin, CPA
Compensation: Case closed. Solve the mystery with this sample calculation.
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Use this formula to calculate associate pay:
Sample calculation of doctor compensation
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*The amount received in paycheck is $99,000 and the amount received in retirement contributions is $3,000.
Total cost to the practice to employ this doctor
Source: Benchmarks 2007: A Study of Well-Managed Practices
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