Health Benefits for Your Veterinarian Clinic
Reduce high employee turnover at your veterinarian clinic by offering health benefits.
You went into business with your veterinary practice to help animals. However, if you own a private veterinary clinic, you know that your job encompasses so much more than taking care of pets.
You’re responsible for business development, recruitment, payroll, technology at your clinic, and of course, managing your staff.
Owning and running a veterinary practice is complex and requires a lot of work. One study reports practice owners work an average of 71 hours a week.
You invest your time, money, and talent into your business. It can be hard to know what to delegate and how to efficiently run your practice to stay profitable and best serve both your clients and employees.
Stop High Employee Turnover at Your Veterinary Clinic
One of the main challenges in the veterinary industry is a high turnover rate.
Texas is home to a significant portion of the estimated 21,000 veterinary practices in the United States, along with California and Florida topping the chart. A typical single practice employs 14-15 workers which means a practice owner or manager is responsible for taking care of all those people. Taking care of your employees matters because each one plays a vital role.
From the receptionist and scheduling department to the vet techs and veterinarians, the office cannot function at its best without everyone working together.
Why High Turnover Hurts Veterinarians
It’s Expensive
Just replacing one employee could cost thousands of dollars (one Gallup study says it costs around 1.5 – 2 times their salary!).
Negative Productivity
Not enough people means you can’t treat as many pets.
Poor Reputation
Long wait times, scheduling difficulties or not enough staff can damage your relationship with your clients.
Burnout
Employees always hustling to cover for each other? That can lead to burnout, fatigue and a grumpy staff.
Hinders Growth
Recruiting, hiring, and training new employees continually can also make you feel like you’re spinning your wheels instead of focusing on better processes and practice growth.
It’s important to do everything you can to retain the employees and staff you have. What does that mean?
4 Ways to Improve Veterinary Industry Turnover
1
Offer Fair Compensation
2
Prioritize Teamwork & Flexibility
Employees want to be where they are appreciated and feel a sense of belonging. Create a positive workplace culture and foster positive relationships. Consider pairing experienced and new employees and celebrate milestones together!
3
Maintain Open Communication
Create a system for two-way feedback (email, regular performance reviews, one-on-one meetings, etc.) Tell your employees how they are performing and ask for their input and concerns, then promptly address any issues. Clearly communicate expectations and allow employees to offer input for improvement ideas.
4
Attract with Benefits
Benefits are an important differentiator in the veterinary industry and can be a strong driver in retention efforts. Providing employees with a competitive salary, the right work environment, and health insurance is the best way to attract and keep your staff.
In a Staff Retention study done in 2024 by the American Animal Hospital Association (AAHA) highlighted the importance of insurance and benefits as a driver of retention. Nearly 20% of survey respondents planning to leave their current role cited insurance and benefits as a factor.
What’s stopping you from offering insurance to your veterinary practice’s employees? You might be concerned about the added expense, the time it would take to manage benefits, and adding just one more thing to your plate.
ABS is THE Benefits Broker for Veterinary Offices
That’s where Advanced Benefit Solutions can help. You don’t need one more thing to do! Offering your employees benefits can be a seamless process that improves overall productivity. We help find the right plan for your budget and your employees (what matters most to them? What matters most to you?)
Once you are comfortable with the plan option, we take it from there. We help educate your employees, get them enrolled, help them use and understand their benefits, and take care of all the regulations and record-keeping. Nothing more for you to do! We even assist with adding or removing employees as needed, and answer any questions about claims.
Our technology interfaces with most payroll systems to make things easy. Think of us as your strategic insurance advisor – we specialize in working with veterinary offices that have 2-50 employees.
Remember, it doesn’t cost anything to work with Advanced Benefit Solutions. You have nothing to lose! If you want to get a quote for insurance, let us know below and we will work with you to find affordable plan options.
Insurance Solutions Designed for Veterinary Professionals
Advanced Benefit Solutions can help veterinarians and veterinary practices access insurance solutions through AVMA Insurance Services.
AVMA Insurance Services provides insurance and risk-management solutions designed specifically for the veterinary profession. Backed by more than 65 years of experience through the AVMA Trust, its coverage options support veterinarians throughout different stages of their careers and practice ownership.
Whether you are looking for coverage for yourself, your veterinary practice, or your employees, Advanced Benefit Solutions can help you understand your options and determine which solutions fit your needs.
Coverage options include:
- Professional Liability Insurance
- Life Insurance
- Disability Insurance
- Supplemental Health Insurance
- Business Insurance
- Employee Benefits
- Personal Insurance
A Veterinary Office Review
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O P31 July 2024
I had the pleasure of utilizing Advanced Benefit Solutions for years in providing our group health plans for our veterinary business, I sat down with them in 2002 to discuss group plan options as I had no idea what to do as a new business owner. They also helped us provide life and disability and dental options for our group. The attention to detail and phenomenal customer service sets Ron, Phil, and the entire team apart from other broker providers in this realm. I have had the unfortunate experiences with other brokers where errors occured, customer service was abysmal, and care was non existent. Advanced Benefit Solutions goes so far above and beyond on all fronts including managing your group plan at no additional costs, they are paid directly from the commissions of the providers. The wealth of knowledge and experience in their group sets them apart. They have worked in fields of hospital administration and the health industry, they even have an actuary in the family, not to mention a college world series and MLB world series champion pitcher (they probably don't want me to mention that part, too bad) who now also offers wealth management under the Advanced Benefit Solutions umbrella of services. Make the switch to Advanced Benefit Solutions and feel free to ask them for references and maybe you and I will discuss my experiences in more detail, I will make a believer out of you or the first round is on me.