Staff Retention After Practice Sale
Staff retention is critical during practice transitions. Your team represents institutional knowledge, patient relationships, and practice continuity.
Why Staff Leave
- Uncertainty about new management
- Loyalty to previous owner
- Benefit changes
- Cultural misalignment
- Opportunity concerns
Retention Strategies
Financial Incentives
- Stay bonuses ($1K-$5K)
- Transition bonuses (90-180 days)
- Retention raises
- Benefits continuation
Communication
- Early involvement in transition
- Open Q&A sessions
- New owner meet-and-greet
- Role clarity
Retention Targets
| Position | 6-Month Target |
|---|---|
| Office Manager | 100% |
| Hygienists | 90% |
| Assistants | 85% |
| Front Desk | 80% |
Conclusion
Staff retention requires financial investment and careful communication. Your team is your most valuable asset during transition.
Staff retention planning? Contact DentalBridge.