Fresh Graduate Payrates: 120K base with 200K potiential?

[Plopper]

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Ok so i was just googling the average dental salary and came across a few job offerings, one which caught my eye. 120K base salary with 200K earning potential, percent of production, 4 day work week!?

is this too good to be true? i've never heard of ETS dental, they aren't a "franching dental" company? I went to their website and they seem to be just a matching company. Does anyone know anything about this ETS company?

the job:
http://jobview.monster.com/GetJob.aspx?JobID=78973726&from=indeed

ETS website:
http://www.etsdental.com/

Job 2: 35% revenue, no lab fees, says 200-300K earning potential?!
http://jobcircle.com/classifieds/17...Indeed&utm_medium=organic&utm_campaign=Indeed


sorry but i found this very interesting, because from talking to most people i have heard to expect 120-130K MAX your first year out. So this would seem like a great opportunity for your first year before opening/buying a practice.

 

[BioMaxDDS]

Ok so i was just googling the average dental salary and came across a few job offerings, one which caught my eye. 120K base salary with 200K earning potential, percent of production, 4 day work week!?

is this too good to be true? i've never heard of ETS dental, they aren't a "franching dental" company? I went to their website and they seem to be just a matching company. Does anyone know anything about this ETS company?

the job:
http://jobview.monster.com/GetJob.aspx?JobID=78973726&from=indeed

ETS website:
http://www.etsdental.com/

Job 2: 35% revenue, no lab fees, says 200-300K earning potential?!
http://jobcircle.com/classifieds/17...Indeed&utm_medium=organic&utm_campaign=Indeed


sorry but i found this very interesting, because from talking to most people i have heard to expect 120-130K MAX your first year out. So this would seem like a great opportunity for your first year before opening/buying a practice.

if it seems to good to be true it probably is 🙂

 

[Dentgirl09]

Maybe it is one of those practices where the doctor nets whatever he charges on his own-- based on how many patients he himself brings in.

THe dentist I shadowed did this with his practice. If he hired someone new--they were responsible for finding patients and such--but they get to keep the $$ they made. 4 day work week is an option but usually they worked more to start out to get things going.

Not sure if that sounds like what it could be but that is my best guess.

 

[mrlantern]

Ok so i was just googling the average dental salary and came across a few job offerings, one which caught my eye. 120K base salary with 200K earning potential, percent of production, 4 day work week!?

is this too good to be true? i've never heard of ETS dental, they aren't a "franching dental" company?

ETS Dental is a third party recruiter for owner dentists.

I can't comment on the job ad you saw. Apply if you wish but be careful whenever an ad mentions 'potential.' I would trust the base salary though.

I've even seen ads in the most saturated part of the country offering general dentists 'potentially' $800-$1500 in daily take-home salary. I'm not saying that potentials can never occur. But you have to check to see when's the last time it ever happened, how frequently it occurs and under what circumstances, if it applied only to the previous doc who happened to have 20 yrs of experience and was with the practice for 10 yrs, etc etc etc. So, you see, 'potential' means nothing to me. I would instead try to get a feel for the patient flow and procedures commonly done, and their fees. I'm curious to hear what other practicing colleagues have to say.

 

[VCUDDS]

I have actually contacted ETS when I was looking for a job, Morgan pace is the coordinator/owner, and I agree with what was posted on this so far. There will always be potential for you to make lots of money, I dont know about this particular ad, but the ones I interviewed at were "franchise" practices that employ a model of practice this is unique to them. most of the time i shied away bec it put a lot of pressure on the associate to be very aggressive tx plning that might have pushed me beyond my comfort level to earn that bonus or extra production. Other might rely on volume for you to reach that suggested 200k, You have to look at the demographics of the area, how large of a practice?, how many assoicates/hyg..etc. It wont hurt to give'em a call and see for yourself, just be alert and ask a lot questions.

 

[ItsGavinC]

The ad is probably correct and clearly lists the situation. 120k + a percentage of production (which could lead you up towards 200k). I know Gary Harris from ETS. Good guy.

 

[HookEmBP]

Coming from someone who has been in the 'real-world' for awhile and has done some hiring of my own - be very leery of the word 'potential.' For example, they could be multiplying the hourly rate by 10 hour days 7 days a week to give you that 300K figure to lure you in.

 

[Plopper]

Coming from someone who has been in the 'real-world' for awhile and has done some hiring of my own - be very leery of the word 'potential.' For example, they could be multiplying the hourly rate by 10 hour days 7 days a week to give you that 300K figure to lure you in.

interesting, thanks. it seems to be a great service for fresh graduates looking to earn for a year or two before opening a practice. From what i've heard on here, most believe that a fresh grad will only be offered between 90-120K, with 120K being a somewhat rare opportunity.

What i would like to do would be to open a practice, then work there only a day or two, until the patient volume picks up, while working as an associate 3-4 days to elp with the initial cost of start up, money flow etc..

 

[Cold Front]

interesting, thanks. it seems to be a great service for fresh graduates looking to earn for a year or two before opening a practice. From what i've heard on here, most believe that a fresh grad will only be offered between 90-120K, with 120K being a somewhat rare opportunity.

What i would like to do would be to open a practice, then work there only a day or two, until the patient volume picks up, while working as an associate 3-4 days to elp with the initial cost of start up, money flow etc..

You can associate your 1st year out for chains like Aspen Dental, Family Dental, Western Dental, Gentle Dental, etc. You could easily make $450-500/day base salary (which is about $110-120k/yr).

Downside? Well, you will do as you are told most of the time, including meeting the quota before attending to certain concerns your patients may have. Typically, you will see between 12-15 patients a day, and they will fill up your schedule regardless of your quality of work expectations. No time to be picky, just do it. This is a big turn off for a lot of doctors.

 

[VCUDDS]

Well said Cold Front, exactly right.....have you guys heard of Koolsmiles!! well i guess the message is loud and clear.....if you push the envelope too far you'll get in trouble. if it sounds too good to be true...than it probably is!.

 

[doc toothache]

THe dentist I shadowed did this with his practice. If he hired someone new--they were responsible for finding patients and such--but they get to keep the $$ they made. 4 day work week is an option but usually they worked more to start out to get things going.

Sounds like a sweet deal. The associate has no expenses, you know, rent, equipment, supplies, phone, electricity, staff and gets to "keep the $$ they made".

 

[Plopper]

Sounds like a sweet deal. The associate has no expenses, you know, rent, equipment, supplies, phone, electricity, staff and gets to "keep the $$ they made".

yes but how do you recruit your own patients? you need to advertise. And then when you inevitably leave to start your own practice i would guess that most will not move with you. (assuming that you did NOT sign a non-compete clause and can work fairly close)

 

[doc toothache]

yes but how do you recruit your own patients? you need to advertise. And then when you inevitably leave to start your own practice i would guess that most will not move with you. (assuming that you did NOT sign a non-compete clause and can work fairly close)

It was a tongue in cheek comment. You are not going to find a practitioner that will let you build your own practice at his expense without a percentage or rental/lease of space and/or equipment.