Sunday, March 9, 2008

Performance Matters - Idea #4

Protect the viability of your Practice and the job security of loyal staff through the use of appropriate employment agreements.

Have professional staff sign confidentiality, no-compete, and non-solicitation agreements, and annual conflict of interest / full disclosure statements to minimize the potential they will jeopardize the viability of the Practice or the job security of other team members by leaving the Practice and taking key referral relationships and staff with them.

While every professional has the right to pursue their own careers and opportunities it only makes good business sense to prevent them from doing so at the expense of the Practice and its loyal staff.

The Practice is a business - its important to run it as such by implementing appropriate legal controls.

Bob

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Performance Builders

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