Straight salary — fixed compensation regardless of production
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Monthly Tracker
Reference
Live
Salary Pkg
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Expected Prod
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Total Budget
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All-in %
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ℹStraight Salary: A fixed compensation structure — the DVM receives a predetermined salary regardless of production. No bonuses, no production-based pay. Provides financial stability and predictability for both the employee and the practice.
Find Your Budget Range
STEP 1Apps/day per Dr (no SX)
STEP 2Current clinic ATCATC = Average Transaction Charge.Use the average transaction charge from your PIMS.For a current doctor: Provider ATC = total provider production before tax ÷ total provider invoices or transactions.For a new DVM: Clinic average Provider ATC = total DVM production before tax ÷ total DVM invoices or transactions.If you only have clinic wide ATC, you can use it as a rough starting point, but provider ATC is better when available.
STEP 3Production budget %
%
STEP 4Days/week scheduled
STEP 5Hours per day
STEP 6Payroll period
Total days employed/yr
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Expected production
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Salary package
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Monthly production
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Daily production
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Expected multiple
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Build The True Salary Package
PTO Days
STEP 7Stat holidays
STEP 8CE days
STEP 9Vacation days
STEP 10Sick days
STEP 11Grievance leave
Total PTO
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Producing days
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Benefits & Allowances
STEP 12License dues
STEP 13Uniform allowance
STEP 14Single benefits
STEP 15Family benefits
STEP 16VIN cost
STEP 17CE allowance
STEP 18Signing bonus
STEP 19Relocation bonus
Benefit total
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Retirement
STEP 20401k matching (USD)
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STEP 21RRSP matching (CAD)
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Base Salary
STEP 22Pay type
Annual base salary to offer
Financial Breakdown
Pay Rates
Annual base salary (guaranteed)
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Base hourly rate (producing days)
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Base hourly rate (total employed)
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Base daily rate (producing days)
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Base daily rate (total employed)
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Package hourly rate (producing)
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Package hourly rate (total)
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Package daily rate (producing)
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Package daily rate (total)
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Monthly gross pay
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Per period base pay
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Production Targets
Annual production target
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Monthly production target
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Daily target (producing days)
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Daily target (total employed)
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Target ATCATC = Average Transaction Charge.Use the average transaction charge from your PIMS.For a current doctor: Provider ATC = total provider production before tax ÷ total provider invoices or transactions.For a new DVM: Clinic average Provider ATC = total DVM production before tax ÷ total DVM invoices or transactions.If you only have clinic wide ATC, you can use it as a rough starting point, but provider ATC is better when available.
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Expected multiple
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Employer Tax Cost (2025)
CPP/EI employer share
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RRSP employer match
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Total budget package (incl. benefits)
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Budget Analysis
Package as % of expected prod
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Difference vs budget
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Production Analysis — Salary vs Actual Revenue
Annual salary (guaranteed)
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Estimated annual production
Total package cost
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Target production
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Actual % of production
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ATC at estimated prodATC = Average Transaction Charge.Use the average transaction charge from your PIMS.For a current doctor: Provider ATC = total provider production before tax ÷ total provider invoices or transactions.For a new DVM: Clinic average Provider ATC = total DVM production before tax ÷ total DVM invoices or transactions.If you only have clinic wide ATC, you can use it as a rough starting point, but provider ATC is better when available.
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Daily production
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Effective multiple
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SALARY ANALYSIS
Enter salary and estimated annual production to see analysis.
Monthly Salary Tracker
Enter monthly revenue and days to track actual production against salary cost.
Monthly salary:—Budget %:—Monthly target:—
Annual Revenue
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Annual Target
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Budget Variance
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Annual Salary
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Total Pkg Cost
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% of Revenue
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Straight Salary Model
The straight salary model is a fixed compensation structure where a veterinary professional receives a predetermined salary regardless of their production. This provides financial stability and predictability for both the employee and the practice.
How It Works: The veterinarian is paid a set salary regardless of production levels. There are no fluctuations in pay due to variations in client volume, seasonal trends, or production output. This model provides a consistent paycheck, making it ideal for those who prefer financial predictability.
Example: If Sarah's annual salary package is $120,000, she will receive this full amount, whether her production is $500,000, $600,000, or $700,000. There are no additional bonuses or production-based earnings.
Industry Standards: Veterinarians on a straight salary model typically earn a lower total compensation compared to production-based models but benefit from guaranteed earnings and stability. This model is ideal for professionals who value consistent pay, structured workloads, and a focus on patient care without production pressure.
Production Rate Multiples
Production Rate
Multiple
20%
5.00×
21%
4.76×
22%
4.55×
23%
4.35×
24%
4.17×
25%
4.00×
It's advisable to maintain a multiple of 4.5 or higher. All contracts should be reviewed semi-annually.