289. Why I Don’t Like the Percentage Pay Model

Dr. Jeremy Sharp Podcast Leave a Comment

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Today I’m talking about another business question that comes up a lot in the Facebook group and in my mastermind groups: should I pay my employees/contractors using a percentage model or a flat hourly rate? I have LOTS of thoughts about this. Here are the main topics that I touch on:

  • Why is this important?
  • What are the primary models of compensation in a mental health practice?
  • What are the pros of a percentage model?
  • What are the cons of a percentage model?

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About Dr. Jeremy Sharp

I’m a licensed psychologist and Clinical Director at the Colorado Center for Assessment & Counseling, a private practice that I founded in 2009 and have grown to over 20 clinicians. I earned my undergraduate degree in Experimental Psychology from the University of South Carolina before getting my Master’s and PhD in Counseling Psychology from Colorado State University. These days, I specialize in psychological and neuropsychological evaluation with kids and adolescents.

As the host of the Testing Psychologist Podcast, I provide private practice consulting for psychologists and other mental health professionals who want to start or grow psychological testing services in their practices. I live in Fort Collins, Colorado with my wife (also a therapist) and two young kids.

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