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Physician Salary Negotiation : Factors & Quick Tips

Negotiations arenu2019t easy for any professional and handling them in a much more professional manner can help you bag the offer on a fruitful note. The negotiation process might seem nerve-wracking but remember, it is perfectly fine to ask a lot of questions at this stage for the best outcome for both parties involved. But do you know what factors to take into account and what questions to ask? Take a brief look to get the idea:-

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Physician Salary Negotiation : Factors & Quick Tips

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  1. Physician Salary Negotiation : Factors & Quick Tips

  2. Intro: Physician Salary Negotiation • Physicians are moving away from private practice and gravitating towards employment with hospitals and large medical groups. • Need to understand the physician compensation solution landscape when negotiating a satisfactory employment contract. • Physician compensation solution provides: • Enhance transparency • Ensure accuracy

  3. Top 3 Factors Determining Physician Salaries: • Speciality • Helps physicians in negotiating salaries. • Location • Mid-size and rural areas earn higher salaries than urban areas • Identifying locations having higher demand enables physicians to demand higher compensation. • Type of Practice • Size of the practice matters. • Physicians often have more leverage with private smaller practices

  4. Are You Ready To Negotiate with Physicians Salary? Check Them:

  5. What to Ask During Salary Negotiations? • Questions that concern your ability to deliver • Clarification if you come across any terms or clauses. • Determine your Best Alternative to a Negotiated Agreement (BATNA). • Get a feel of the culture and the duties involved.

  6. Points to be considered during the Salary Negotiation. Check Out:-

  7. For Added info, Read the blog from Heisenberg II Physician Salary Negotiation : Factors & Quick Tips

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