In general, what can I expect from an associateship?
A 2004 Survey by the American Dental Association Survey Center gathered the following information on common aspects of associateships. • Compensation: On average, full-time associates were earning a net income of $112,270 per year, $117,130 per year for specialists (based on national average). • Method of compensation: Varied by contract. Some dentists received an annual salary while others received a percentage of production or an hourly wage. • Benefits: Varied by contract. Some common benefits included health insurance, malpractice insurance, paid vacation, paid membership dues in organized dentistry and reimbursement for continuing education. • Duration: Terms range from 1 year to 10 years or more. The average term for an agreement was 1.7 years. • Legal detail: The vast majority of contracts contained conditions for contract termination, payment methods, and a “non-compete” agreement. Other important components include: • A formal contract: Every associateship should involve a for