Bonus Calculator and Analysis

Bonus Calculator & Analysis

Use this tool to design your bonus structure or calculate this month’s payout and communicate it to your team as an increased hourly rate.

1. What would you like to do?

Practice Information

Bonus Analysis: Practice name, doctor name, postal address, and email are required.
Returning User: Practice name and email are required; doctor name is optional.

We’ll email your bonus report to this address.

Collections History (Bonus Analysis)

Enter your last four full calendar years of collections plus your last 12 months. The calculator will show average monthly collections and growth year to year.

Period Total Collections (Annual) Average Monthly Collections Growth vs Prior Period
Year 1 (oldest) - -
Year 2 - -
Year 3 - -
Year 4 (most recent full year) - -
Last 12 months - -
Average annual growth (based on the periods entered): -

Growth Goals & Bonus Tiers

The average annual growth for dental practices (both rural and urban) is typically between 5–15%. There are usually some unique circumstances that elevate growth beyond 10% on average across the nation. This can vary by practice due to the demographics you serve, the insurances you accept, and the services you offer.

We’ll start you with a default annual growth goal of 5%, but you can adjust this to fit your practice. We also want growth tiers to be realistic so your team can hit them at least 9 out of 12 months.

%
This will be used as your Tier 1 growth target. Tier 2 will automatically be set to Tier 1 + 5%.
Tier 1 growth: -
Tier 2 growth: -
Target annual collections: -
Target monthly collections: -
Additional annual collections vs last 12 months: -
Target annual collections: -
Target monthly collections: -
Additional annual collections vs last 12 months: -

Choose Bonus Payout Level

For Bonus Analysis, choose how generous you’d like to be at each tier. This shows what the monthly bonus pool would be based on your growth goals and collections.

%
Used only if “Custom” is selected above.
Estimated bonus pool this month: $0.00

Team Hours & Increased Hourly Bonus

Enter your team hours so we can convert the total bonus into an “increased hourly rate” for every person.

This should be the sum of all individual hours below. We’ll make sure they match before you can submit. Current sum of individual team hours: 0.00
Once collections and payout are entered, the hourly bonus will appear here.
Team Member Name
Hours Worked
Bonus Amount
The email report will include your calculations and the team’s increased hourly bonus.