CareVet, a network of hospitals operating in 27 states with more than 1,110 team members, announced earlier this week the launch of its new revenue sharing bonus program. The new seniority-based bonus plan offers all members of the veterinary team the unique opportunity to earn up to $ 2,080 in bonus per year.
âThis incentive program aligns the goals of all members of the CareVet family and rewards team members for the critical role they play in the success of their hospital,â said Greg Siwak, CEO of CareVet, in a press release from the company. âThe goals are income-based and agreed upon monthly by the hospital management. By developing our hospitals together, we are able to reinvest in our teams and our facilities. “
Bonuses will be paid monthly, the statement said, and will cost around $ 3.5 million company-wide in 2021. In addition, this salary increase to $ 17.08 per hour will affect more than 50%. from his hospital (or non-veterinary staff). When combined with its living wage program, the average annual salary increase per person is $ 6,600.
What else? The program was established as an investment in the company’s team members who provide the highest quality customer care and service to their patients and clients.
âWe recognize that without our team members, we would not be able to provide exceptional service to our patients and clients,â says Siwak, âwe see the incredible effort it takes from our team members day after day. day, that’s why we’re dedicated to giving them back. By reinvesting in our teams and sharing our successes, we empower our teams to serve more pets in our communities, improve compliance and provide unparalleled care. At CareVet, we all win together. “
The revenue sharing bonus program is one of the components of CareVet Approach to the whole person and in addition to the Living wage program, which was announced on April 1, 2021, offering a minimum of $ 15 / hour to all team members.
To learn more about CareVet’s new bonus incentive programs, go to here.