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|Articles|July 1, 2008

Calculate associate pay with this formula

Compensation: Case closed. Solve the mystery with this sample calculation.

Use this formula to calculate associate pay:

Sample calculation of doctor compensation

*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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