When it comes to physician compensation, which is better: a straight salary or compensation based on productivity incentives, or a combination of the two? How do productivity-based compensation models work? And how can you know if your compensation is fair? The Compensation articles in MedCareerGuide give you not only detailed compensation numbers from industry surveys, but take a detailed look at different types of compensation structures to help you better understand physician compensation plans.

Doctor putting money into his pocket - closeup studio shot

Are PCPs outpacing specialists in compensation gains?

October 7, 2015 at 19:39 2 comments

According to new survey data from Sullivan, Cotter and Associates Inc., a health care consulting firm, primary care physicians saw their total cash compensation rise by 3.4% from 2014 to 2015. Medical specialists saw an increase of 2.5%, and surgeons saw a rise of 2.3%. Overall, physicians saw their payRead More

Bonuses: a nice perk to physician salaries

Bonuses: a nice perk to physician salaries

September 8, 2015 at 19:52 0 comments

If you’re a physician in the job market, you’ve probably heard about employers that offer signing bonuses and/or retention bonuses. Many do offer jobs with these perks, and employers use them to encourage physicians to sign on the dotted line, or to remain with that group for a certain periodRead More

Getting paid for call coverage

Getting paid for call coverage

September 1, 2015 at 13:14 0 comments

Let’s face it: No one likes call, but in your career as a physician, you’re most likely going to have to take it. So as you weigh the pros and cons of job offers, it’s important to understand how you’ll be paid for taking call—and how call duty will affectRead More

What a base salary really means for your compensation

What a base salary really means for your compensation

August 28, 2015 at 14:00 0 comments

You’ve just completed your residency and you’ve been offered two attractive positions, one in a private practice and one in a hospital. If you’re like most new physicians, you’ll probably opt for the hospital job, even though you may prefer the friendlier, more intimate setting of the private practice. “InRead More

Index finger of a business manager touching a cloud symbol to access a virtual balance. The weighing scale is keeping a male and a female worker in temporary equilibrium. Cutout on white background.

Compensation gender gap in health care

August 26, 2015 at 14:00 0 comments

If you are a woman practicing medicine today, you are probably being paid less than your male colleagues. The data come from several sources. According to the Bureau of Labor Statistics, the median weekly earnings of female physicians and surgeons in 2014 was $1,246, compared to the weekly earnings forRead More

Taking your money

Compensation: Is yours fair?

August 25, 2015 at 21:08 0 comments

One of the most important components of job satisfaction, no matter what profession you’re in, is feeling that you are being fairly compensated. That’s a problem for physicians, many of whom think their compensation is unfair. According to a 2015 survey conducted by Medscape, about half of physicians of allRead More