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Key Points
- An attractive salary and fringe
benefit package is key to recruiting and retaining qualified staff.
- Fringe
benefits often include, but are not limited to, such items as health
insurance, paid days off, maternity leave, continuing education
allowance, professional liability coverage, pension plan contributions,
and life insurance.
- Using volunteers can
help clinics minimize expenses by providing services that would
otherwise have to be paid for.
- The
decision to purchase or lease new equipment or to use donated,
used equipment depends upon each clinic’s specific circumstances,
including its mission and financial circumstances. Each has advantages
and disadvantages that must be considered.
- The impact of lab
fees (charges for services provided by a lab for making prostheses)
on the clinic’s
financial sustainability depends on the extent to which prosthetic
services are provided and the degree to which the fees are reimbursed.
- Typical
fundraising expenses include (1) wages of fundraising staff, including
support staff; (2) preparation and printing of solicitation materials;
(3) Web site development and maintenance; (4) establishment and
maintenance of donor database; (5) postage and mailing expenses; and
(6) expenses of fundraising events, including staff time and supplies.
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