The most common way an employee earns shadow stock is through years of service and performance. For instance, a therapist should have three to five years of service at your practice and be a high performer. Design an application that your employees can fill out if they’re interested in attaining shadow stock, so you have basic information about work history on file. In addition, set up a committee that approves new shadow stockholders. Members of this committee can be your board of … [Read more...]

How can you retain key staff members and provide them with an opportunity to feel like stockholders in the company? Although some owners have been successful offering actual equity in a rehab practice, this option can be a recipe for disaster. As an alternative, you might consider a program based on shadow stock. Shadow stock has several advantages to you as a practice owner over real stock or actual equity: • Nonvoting stock. Shadow stock is nonvoting stock, which means that … [Read more...]