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Deferred compensation as a method for payment of part‐time dental faculty members
Author(s) -
Bentz GH,
GeigleBentz FL,
Staats TF
Publication year - 1980
Publication title -
journal of dental education
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.53
H-Index - 68
eISSN - 1930-7837
pISSN - 0022-0337
DOI - 10.1002/j.0022-0337.1980.44.4.tb01348.x
Subject(s) - accounts payable , earnings , compensation (psychology) , actuarial science , payment , value (mathematics) , plan (archaeology) , time value of money , business , dental education , finance , medicine , medical education , accounting , economics , dentistry , psychology , mathematics , statistics , psychoanalysis , history , archaeology
Education costs are causing part‐time dental educators to be compensated at inappropriately low levels. By using a deferred compensation plan, the dental school can provide to the part‐time educator, a greater return at a time when that money will be of more benefit. Through contractual agreement with the dental school, as drawn up by appropriate financial and legal counsel, a plan can be constructed that can significantly increase the real value of part‐time earnings, usually payable at some time in the future, at no additional cost to either the dental school or the part‐time dental educator.