I work for a small Ortho office. I have been employed 3-4 years with no pay increase. I am the ENTIRE billing department for this practice, coding, billing, patient collections, month end, credentialing, everything.
I approached the Manager about a raise after he indicted it would be ok. Based on my length of employment, the fact of no pay increase at all and the likelihood it would be a long time before another opportunity would surface, I asked for 15%. ( thinking they would counter with around 10-12%) Which breaks out to approximately 3-4% per year. After a week my Manager comes back and says instead of a base pay increase, he will put me on an ‘incentivized pay increase’. Meaning if I post $xxx per month in income, I will receive the monthly equivalent of 15% increase. If I do not post enough revenue I will receive my current amount for that month. He feels this is necessary for me to ’have some skin in the game’. I work hard, sometimes 6-7 days a week. I stress a lot about my job. No One knows my job, If I don’t do it, it doesn’t get done.
I have never heard of such a thing for a staff employee. I don’t know what to do with this! I’ve been in Medical for 20 years. Seen some stuff but this is a new one. Does anyone have any advice or insight on this?
I approached the Manager about a raise after he indicted it would be ok. Based on my length of employment, the fact of no pay increase at all and the likelihood it would be a long time before another opportunity would surface, I asked for 15%. ( thinking they would counter with around 10-12%) Which breaks out to approximately 3-4% per year. After a week my Manager comes back and says instead of a base pay increase, he will put me on an ‘incentivized pay increase’. Meaning if I post $xxx per month in income, I will receive the monthly equivalent of 15% increase. If I do not post enough revenue I will receive my current amount for that month. He feels this is necessary for me to ’have some skin in the game’. I work hard, sometimes 6-7 days a week. I stress a lot about my job. No One knows my job, If I don’t do it, it doesn’t get done.
I have never heard of such a thing for a staff employee. I don’t know what to do with this! I’ve been in Medical for 20 years. Seen some stuff but this is a new one. Does anyone have any advice or insight on this?