Contracts

Contracts
Job contracts can often be confusing. Check back often for articles highlighting how to negotiate contracts, determine the most crucial parts to incorporate and where the red flags are that can cause problems down the line. Learn about incentives and sign-on bonuses as well.

Signing bonuses: more than you signed up for?

YOU HAD THREE JOB OFFERS, but you were hooked by the rural hospital that dangled the $50,000 signing bonus. Given the size of the...

Come work for us!

WHAT KINDS OF INCENTIVES can you expect employers to offer? According to data from two surveys, sign-on bonuses and relocation assistance are popular, while...

How to negotiate well

ASKING a potential employer for more money can be uncomfortable, especially for new physicians. But experienced doctors say that if done well, negotiating pay...

Your first contract: Do you know what it really says?

THE CONTRACT says that your first job will be paid according to an RVU compensation plan with a two-year income guarantee. Do you have...

Letters of intent: When should you sign?

YOU HAD A GREAT interview at a practice that you really liked, and the group has sent you a letter of intent outlining the...

Taking a new job? Will you be covered when you leave?

YOU'RE LOOKING FOR A JOB and you’ve got a good handle on the compensation plan, the call schedule and the health benefits. But how...

Doctors ignore noncompete terms at their peril

WHEN IT COMES TO restrictive covenants—also known as noncompetes—too many physicians make the mistake of believing these clauses are unenforceable. As a result, they figure...

Call coverage: What’s in the contract?

THE CONTRACT STATED that the surgeon would join the two-physician practice at the same time as another doctor, bringing the total physician count to...

Editor's Choice

Is a resident stipend right for you?

AS YOU LOOK AHEAD to your first job, you've probably noticed that some organizations offer "resident stipends." The details around resident stipends vary, but...

Two reasons you’re probably stressed

THAT ANNOYING TRAFFIC JAM isn't causing your stress (though it isn't making it any better). The real reasons behind your stress go much deeper....

Apps at the bedside

WHETHER IT'S TO EDUCATE PATIENTS, calculate anticoagulation risks or choose the best test to order, doctors with smartphones ought to take some mobile medical...

Can’t wait to start spending?

DO YOU DREAM about how much money you'll make once you're finished training and about all the things you'll finally be able to afford?...

Bad news on physician burnout

Two-thirds of U.S. physicians feel burned out BAD NEWS for U.S. medicine: Nearly two-thirds of U.S. physicians say they feel burned out, depressed or both,...

The pros and cons of working locum

SHAUN S. BERGER, MD, remembers the moment he realized he wanted to work locum tenens. The pediatrician was working as a junior faculty member...