Negotiating your physician contract: the importance of sign-on bonuses and compensation #shorts

Are you negotiating your employment contract in healthcare? Don't forget to consider your sign-on bonus. According to benchmarks set by MGMA, everyone should be eligible for one.

But if you're not seeing that reflected in your contract, don't be afraid to ask why not. And if you're not moving for the job, ask if that relocation allowance can be added to your sign-on bonus.

After all, if an employer typically provides that allowance for physicians, it shouldn't matter where the money comes from. Make sure you're advocating for yourself and getting the compensation you deserve. #PhysicianContractNegotiation #SignOnBonus #CompensationInHealthcare

Dennis Hursh is a veteran attorney with over 40 years of experience in health law. He is founder, Physician Agreements Health Law, which offers a fixed fee review of physician employment agreements to protect physicians in one of the biggest transactions of their careers. He can also be reached on Facebook and LinkedIn.

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