Ira will serve as President of the Fifth District Society of Pennsylvania in the year 2000. Hiring, training and getting an hourly worker productive may be costing you 300 to 700 times their hourly wage. Doctors purchase state of the art equipment, build modern facilities, buy computer systems and take extended vacation-oriented continuing education. At the same time they attempt to cut operating costs by withholding salary increases, offering minimal or no employee benefit packages, and providing only token education and training for their employees. It is critical for practices to differentiate and distinguish themselves in a service-oriented competitive marketplace by maximizing the potential of the people that use and operate these very costly investments.
Human potential is the most overlooked asset and underutilized resource of many organizations.
Capital investment does not relinquish the responsibility to select and train the right employees. This is the equivalent of buying your dream luxury car and then becoming budget conscious by deciding not to buy the fuel that runs it and postponing oil changes and routine maintenance. Besides, new equipment and attractive facilities do not enhance patient relationships. The Job Analysis Hiring the right employee for your business requires more than a well-written resume, a casual interview and intuition. The best employee for one position in one practice may be a nightmare for another.