Want to take the first steps to better compensation? Read through our helpful library of articles that will help empower your next decisions.
As healthcare organizations consolidate and get bigger, many healthcare workers are left feeling invisible and unseen. – Sachin H. Jain, Contributor, Forbes Healthcare While workload is often blamed for “burnout,” people didn’t become healthcare professionals by not working hard. Rather, it is the nature of the work and how they are treated by healthcare organizations. Dive deep and you’ll see...
U.S. healthcare workers face a number of pressures in their jobs today, including economic strains, a growing physician shortage, and high rates of work-related burnout. These challenges drive many medical professionals to reassess their careers, explore opportunities for greater autonomy and work-life balance, and in certain cases, even consider new career pursuits outside of medicine altogether. Doximity’s report shows that...
Conditions that affect women more than men garner less funding. But boosting investment could reap big rewards. In this study of more than 20,000 clinical trials in the United States between 2000 and 2020, women were under-represented in some trial types and over-represented in others. The 2021 analysis “demonstrates that the funding of research for women is not aligned with...
Medscape member physicians participated in this survey to report individual salaries. As such, this compensation survey provides insight into general trends in physician compensation. MGMA and Sullivan Cotter are the largest compensation surveys in the nation. Medical practices use these data to create compensation packages. In order to negotiate your value, you need the fair market value data. Read further for...
Is your salary on par with similar surgeons in your area? A surgeon’s salary is typically comprised of several compensation buckets. These buckets may include base compensation, bonuses based on productivity or value, or other metrics defined in your practice setting. Evaluating all of these moving pieces can be confusing and cumbersome. To make the matter more complex, a surgeon’s...
The Merritt Hawkins’ 2021 Review addresses several important factors such as salaries, bonuses, and other incentives used to recruit physicians, physician assistants, nurse practitioners and CRNAs. This resource focuses on physician compensation trends, physician burnout, and physician shortages within the Review. Other topics within the Review include: Physician Compensation Trends Several specialty salaries were reported in the 2021 Review. Surgical...
Practices attract starting physicians by creating an enticing compensation and benefits package. While money is not the only determining factor for physicians selecting a new job, it matters. Especially for physicians just exiting residency or fellowship who carry heavy student loan debt. “In a sense, the practice’s compensation method reflects its culture.” Compensation plans have changed over time. The gap...
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