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5b. Payroll

managing finances
Managing Finances | Expenses
Payroll costs, which include employee benefits and taxes, account for a significant portion of any practice’s expenses. General practices should expect to spend 7-8% of collections for chairside salaries, 7-8% for clerical staff, and 9-10% for hygiene. If you are running a tight ship, benefits and payroll should be about 25-28% of collections. Functioning at this level is especially ...