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HS Financial Services - Empowering women in Dentistry
Empowering women in Dentistry

Empowering women in Dentistry

Last week my son celebrated his 18th birthday, which was a big milestone for him as it would be for any young man. It was a big milestone for me too, for a different reason. Supporting him towards adulthood while maintaining a full-time role and a homelife has not been an easy challenge, and at times it was almost impossible. I battled to balance career aspirations and running a business, that I have been working towards all my life, with family life priorities and being a mum that everybody expected me to be. Thankfully, I grew up with a very strong and determined mum, who always said ‘my children have a mum and a dad, and we look after them together as a team’, which served as an excellent example for me while growing up. I didn’t miss having my mum or dad around as they both worked hard to be there as much as they could and made sacrifices when necessary.

This is not a new story, and thankfully times have moved forward so that women can have it all, but it still takes coordination and is really challenging at times. Dentistry is an excellent profession, in that it offers flexibility during training and working life which may suit all genders and may offer additional flexibility when raising a family. Number of female dentists now registered with the GDC is just over 50% and number of female dental students sits at 63%, exceeding the number of male dental students.

GDC registrant report, Nov 2020

Number of women in dental profession to men is a at a ratio of 3:1, where in the DCP category it is at 13:1. Interestingly, even though the female representation is growing the gender pay gap persists. Research carried out by resume.io ( https://resume.io/blog/57-jobs-dominated-by-women-with-the-biggest-gender-pay-gap ) identified professions where women dominated the profession numbers and identified roles where the biggest gender pay gaps exists. Dentistry was one of the professions were the gender gap was the largest. This could be somewhat influenced by the way dentistry is undertaken, ie. hourly rates vs taxable income as the comparison may identify that the hourly rates paid for the same/similar work carried out would be similar.

Source: https://resume.io/blog/57-jobs-dominated-by-women-with-the-biggest-gender-pay-gap

 

There is no question that despite the equal number of male and female dentists within the profession, there is still a disparity in the number of high profile and high earning male dentists to female dentist. Female dentists are still much more likely to be a performer on the NHS rather than a provider/performer. They are also much less likely to own a dental practice than their male counterparts. It seems that progression is still a stumbling block. How can the dental profession enable more female dentist to progress into the specialist, higher earning roles and into practice ownership?

To be able to excel in their careers and bridge the pay gap:

  • We should have more (visible) female role models. There are some amazing female dental practice owners and specialists who dominate the profession.
  • Men and women should call out inequality when they see it. It is our collective responsibility to build an equal society and we all individually play a part but not turning our head when we see inequality but playing an active part to shine a light on its existence. This is how we progress as a society.
  • There should be an organization/movement dedicated to women in dentistry. There have been attempts to organise a ‘women in dentistry’ movement but due to Covid-19 activity has been quiet.
  • As with the rest of the society, we should all work hard to give men and women in dentistry the same opportunities, including opportunities for parental leave which should not have a negative effect on the professional’s ability to progress.

 

Covid-19 has brought changes in the way we all work. These have been challenges or opportunities, depending on how you perceived the disruption the pandemic brought. Many women have embraced the opportunity to think about how they can balance their personal and professional lives embracing Covid-19 changes. These have included:

  • With the limitations within NHS dentistry, opportunities to develop private dentistry practice have sprung up everywhere.
  • Virtual consultations have created opportunities to balance personal and professional lives.
  • Many female associates are registering with agents/brokers looking to source their first dental practice purchase and embrace the opportunities that being ‘masters of their own destiny’ bring.

There is still some way to go across all professions to ensure there are equal opportunities and equal pay for men and women in society. In my lifetime, and especially in my mum’s lifetime, we have moved a long way but there is still a long way to go to reach a stage in society where equal opportunities mean equal for all and result in equal pay.



Additional interesting statistics below are from 2017/18 and have been sourced from the https://bda.org/womenindentistry


If you are interested in finding out more, please contact the MediEstates on 01332 321692, info@mediestates.co.uk or www.mediholdings.co.uk

 

 

Posted by: Maja Thompson on

General Buyer Terms

This agreement is in relation to MediEstates Limited whose registered office is at 1st Floor, Pacific House, Stanier Way, Wyvern Business Park, Derby, DE21 6BF acting for and on behalf of our clients ("the Vendors"); and yourself (Buyer's Name) in relation for an introduction to a prospective sale of a business as a going concern. By registering through this agreement I agree to all terms set out below:

  1. Definitions
    In this Agreement the following terms and phrases shall have the following meaning unless the context otherwise requires:

    Business
    Dental Practice business providing dental care. This business is under the MediEstates Ltd sale terms.
    Confidential Information
    Means the actual Vendors identity and all confidential information in respect of the Business, including, but not limited to, any ideas, business methods, prices, accounts, finance, marketing, research, development, manpower plans, processes, market opportunities, intentions, design rights, product information, customer lists or details, employees’ details, trade secrets, computer systems and software, and other matters connected with the products or services manufactured, marketed, provided or obtained by the Vendor, and information concerning the Vendor’s relationships with actual or potential clients or customers and the needs and requirements of such clients’ or customers’ operations.
  2. Obligation of Confidentiality
    The Prospective Purchaser agrees to treat as confidential, information supplied by or on behalf of the Vendor in connection with the sale of the Business.
  3. Exclusions
    The obligation of confidentiality set out in clause 2 does not apply to:
    1. any information received from a third party who was legally free at the time of disclosure to disclose it;
    2. any information which was already lawfully in the Prospective Purchaser’s possession prior to receiving it from MediEstates Ltd on behalf of the Vendor; and
    3. any information which is in its entirety already in the public domain.
  4. Duties of Prospective Purchaser
    1. The Prospective Purchaser shall take such a reasonable security measures to protect the Confidential Information and trade secrets.
    2. The Prospective Purchaser shall not, without the prior written consent of the Vendor, permit any of the Confidential Information:
      1. to be disclosed, other than in confidence to its legal or professional advisors;
      2. to be copied or reproduced;
      3. to be commercially exploited in any way;
      4. to be used for any purpose other than in connection with the prospective purchase of the Business;
      5. MediEstates is registered under the Data Protection Act 2018. Upon Signing this agreement you agree to follow the legal obligations of this act to protect the details of the information supplied to you, with it no to be passed outside of the control of you the prospective purchaser.
    3. The Prospective Purchaser agrees to keep a record of Confidential Information received.
    4. The Prospective Purchaser will return to MediEstates or the Vendor all documents containing Confidential Information and all copies of those documents on demand at any time which are in its possession or under its control, and for this purpose the term “documents” includes computer discs and all other materials capable of storing data and information. The Prospective Purchaser agrees that such documents remain the property of the MediEstates on behalf of the Vendor.
    5. The Prospective Purchaser must not jeopardise or re-direct the sale under any circumstances.
    6. The Prospective Purchaser must not contact the Local Area Team or CCG regarding any practice sale, by any means of media unless written permission is granted from the Vendor.
    7. To carry out own due diligence on practice purchases and accepts that any information MediEstates has supplied is information provided by the vendor and is not responsible for its accuracy or completeness.
  5. This Agreement
    The existence of this Agreement and its terms are confidential and neither MediEstates nor the Purchaser may disclose anything about this Agreement or its subject matter or implementation to any person other than in confidence to their legal or professional advisers.
  6. Duties of Prospective Purchaser
    When buying Dental practices, finance is normally needed. Our organisation operated over more than one of the MediHoldings brand, by completing this from you agree that the information can be shared to our other organisations to avoid the need to register independently and provide the best possible service.

    MediEstates will refer you to the specialist dental lending team and MediFinancial who will contact the necessary banks, whom have preferential healthcare lending rates in some cases, to ascertain which funding is available to you.
    By signing this agreement you do not have to use any of the banks MediFinancial contact, it is just another service which we provide.
  7. Deposit for Dental Practice
    If you are interested in putting forward a formal offer in for a practice, once the offer is accepted there will be a deposit required to secure the practice sale which is dependant of the practice size. This deposit is held in a client account and will be returned to the buyer on completion of the practice sale. You the buyer, will be required to sign a deposit schedule which will cover the buyer and the seller in the event that the practice sale does not proceed.
  8. Changes to this Agreement
    Any changes made to this agreement must be authorised and signed by one of MediEstates Ltd Directors.
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