Send us Fan Mail Are you losing great clinicians over a small hourly bump because they don’t see the full value of your offer? In this solo episode of the Private Practice Survival Guide, host Brandon Seigel explains how to win the compensation perception war by designing a visual total rewards statement that shows the real worth of wages, taxes, benefits, retirement, PTO, development, and flexibility. He shares concrete examples and actionable steps for separating PTO from base pay, educating employees on fiscal literacy, and building transparent, competency-based compensation bands that reduce turnover. You’ll walk away with a practical framework to turn invisible value into retention, engagement, and trust. What You'll Learn: How to build a one-page visual total compensation summary and why it worksWhy separating PTO from base wages changes perception and decision-makingHow to price and communicate benefits (health, retirement, tools, flexibility, development)The role of fiscal literacy in comparing raises vs. benefits (e.g., HRA contributions, premiums, deductibles)How to create competency-based compensation bands, career ladders, and transparent rangesNon-monetary retention drivers: recognition, mentorship, flexibility, culture, and stay interviewsA weekly, monthly, and quarterly action plan to operationalize total rewardsPut these strategies into motion and watch your team’s clarity, commitment, and retention grow. #PrivatePracticeSurvivalGuide #TotalRewards #PayTransparency #CompensationStrategy #EmployeeRetention Welcome to Private Practice Survival Guide Podcast hosted by Brandon Seigel! Brandon Seigel, President of Wellness Works Management Partners, is an internationally known private practice consultant with over fifteen years of executive leadership experience. Seigel's book "The Private Practice Survival Guide" takes private practice entrepreneurs on a journey to unlocking key strategies for surviving―and thriving―in today’s business environment. Now Brandon Seigel goes beyond the book and brings the same great tips, tricks, and anecdotes to improve your private practice in this companion podcast. Get In Touch With Me Podcast Website: https://www.privatepracticesurvivalguide.com/ LinkedIn: https://www.linkedin.com/in/brandonseigel/ Instagram: https://www.instagram.com/brandonseigel/ https://wellnessworksmedicalbilling.com/ Private Practice Survival Guide Book This show is proudly produced at PS Studios — learn more https://www.psstudios.co
