Physician Recruitment Process and Compensation Overview
Contracts & Benefits
- Base Salary + WRVU Bonuses
- Base Salary: $725k-$750
- Medical Director – Medical Director will either receive an annual stipend or a reduced RVU threshold to achieve bonuses quicker.
- Income potential $1 million
- 3-Year Term, Evergreen Base
- WRVU conversion factor & thresholds aligned with final salary
- Signing/Relocation Bonus: $30,000–$40,000 (paid after 30 days; 36-month forgiveness)
- Signing Bonus Structure: ½ paid at signing, ½ upon start
- Training Stipend: $2,000 per month from signing to start date
- PTO: 24 days accrued annually (vacation, holidays, sick)
- CME: 5 days + $3,000 annual stipend
- Retirement Plans: 401k/403b/457b with up to 4.5% match
- Malpractice: Paid $1M/$3M with tail coverage upon departure
- Comprehensive Insurance: Medical, dental, vision, life, disability, AFLAC options
Paid Time Off
- 24 Days – Accrual-based PTO with rollover
- Includes: Vacation, Holidays, and Sick Leave
Continuing Medical Education (CME)
- Time Off: 5 Days
- Stipend: $3,000/year
Retirement Benefits
- Plans: 401k and/or 403b, Voluntary 403b, 457b
- Matching: 401k matching and 457b with matching – up to 4.5% of 6%
- Eligibility: Begins 60 days after your first day
Insurance & Additional Benefits
- Malpractice: Paid – $1M/$3M coverage including tail coverage upon departure
- Health Coverage: Medical, Dental, and Vision Insurance
- Supplemental Coverage: Cancer, Accident, Critical Care & Recovery Insurance (AFLAC)
- Disability: Short & Long-Term Disability
- Life Insurance