Plastic Surgery Compensation FAQs: Answers to Your Top Salary Questions

What should I know before creating job descriptions and pay ranges?

• Classification Laws: You need to understand the laws around employee classification: only certain types of roles can be salaried/exempt from overtime, depending on the level of control the practice has over things like schedule, dress code, etc a 1099 or contractor relationship may not be allowed.

• Industry Benchmarks: Research pay rates for similar roles in your region and establish a pay range based on varying qualifications and years of experience.

• Total Compensation Package: Look beyond the rate of pay and consider everything you offer, creating a total compensation package.

What metrics should I use to incentive-based compensation?

It depends based on the position but things to potentially consider are:

• Year Over Year Growth

• Revenue Generation

• Case Volume

• Patient Satisfaction

• Conversion Rates

• Efficiency Metrics

• Product Sales

What is a competitive salary for a patient care coordinator in a plastic surgery practice?

Salary varies based on location, experience, and practice size. In general:

• Entry-level: $45,000 – $55,000 per year

• Experienced: $55,000 – $75,000 per year

• High-end or commission-based: $75,000 – $100,000+ with bonuses or commission on booked procedures

Factors affecting salary include whether the role includes sales responsibilities, performance incentives, or benefits like commissions on procedure bookings. Always check local salary data for accurate benchmarking, laws around bonus/commission pay, laws around salaried vs hourly employees.

What benefits should I offer to attract and retain top talent?

• Health, dental, and vision insurance

• Retirement plans (401k with matching if possible)

• Paid time off (PTO) and paid holidays

• Performance-based bonuses or commission structures

• Staff discounts on procedures and treatments

• Continuing education & professional development stipends

• Flexible work schedules or hybrid work options (if applicable)

How should I structure incentive pay?

Incentive pay should align with practice goals while motivating employees. Common structures include:

• Flat bonuses – A set amount for hitting targets (e.g., $500 for every 10 surgeries scheduled).

• Percentage-based bonuses* – A share of revenue from procedures or product sales.

• Tiered commission – Higher commission rates as goals are exceeded (e.g., 5% for the first $50k, 7% beyond that).

• Team-based bonuses – Rewards tied to overall practice performance rather than individual metrics.

• Hybrid model – A mix of base salary and commission for a balanced approach.

Ensure that incentive structures comply with federal and state laws regarding healthcare compensation and anti-kickback regulations.

*Some states do not allow commission structures that are a percentage of fees paid to the physician; it is considered fee-splitting.

What percentage of revenue should go toward overhead vs compensation?

A well-balanced practice typically follows these general benchmarks:

• Total overhead: 50%–60% of revenue

• Physician/owner compensation: 30%–40% of revenue

• Staff compensation: 20%–30% of revenue

Key factors influencing these numbers include practice size, location, payer mix, and reliance on elective vs. insurance-based procedures. Keeping overhead in check while maximizing revenue streams is crucial for maintaining profitability. Completing a thorough financial review annually will help you monitor your practice’s financial wellbeing.

How can I optimize my compensation while maintaining profitability in my practice?

To maximize earnings while ensuring a sustainable business model, consider some of the following, depending on practice goals:

• Increase high-margin services – Promote procedures with the highest profitability (e.g., cash-pay aesthetics vs. insurance reimbursements).

• Optimize scheduling – Reduce gaps in the schedule and maximize OR efficiency.

• Streamline operational costs – Negotiate vendor contracts, reduce unnecessary expenses, and implement automation where possible.

• Enhance marketing efforts – Improve online presence, social media engagement, and referral programs to increase patient volume.

• Incentivize staff appropriately – Align staff compensation with revenue-generating goals to improve productivity.

• Diversify revenue streams – Offer non-surgical treatments, skincare product sales, and VIP membership programs.