Navigating Compensation Models in Mental Health Practices

This chapter explores the intricacies of compensation structures in mental health practices, comparing the benefits and drawbacks of fee splits, hourly, and salary models. It emphasizes the significance of profit sharing as a motivational strategy while highlighting the challenges of cultural shifts and employee alignment. Additionally, the chapter underscores the importance of financial stability and thorough planning before introducing profit-sharing programs to ensure fair and equitable compensation.