paapp123 Posted May 17, 2017 Share Posted May 17, 2017 Hello, Can someone help me analyze this offer. Dermatology position as a new grad. Practice thats in the NYC area (several offices in different locations in the NYC and the surrounding area). There is a 8-10 month training program/residency that seems very structured - one day a week is didactic, the rest is clinical work in the private practice and also one day a week at a free clinic. Tests and quizzes weekly along with a comprehensive exam. Guaranteed a position once the training program is completed, but can be ANY of the offices (wherever there is an opening they send you). 50k a year for the training period of 8-10 months. This is followed by a three year contract starting at 100k for first year base salary, 110k second year, 125k third year. There are bonus incentives. First year it is 20% of collections once you exceed 125k for the fiscal year, second year also 20% after exceeding 137,500 and third year is 20% after exceeding 156,250. $2000 CME credit per year, 15 days vacation time a year with 2 days for CME (so really 17). Full malpractice and benefit coverage. Cons: - Three year contract and if you break the contract before three years AFTER the training period, you have to pay a $50k fee (aka the fee for your training period) - Do not know what office you're going to be working in (wouldn't want to be traveling to Queens or Long Island), but maybe I can get them to change this and let me know beforehand in my contract Anyone have any insight? I am really torn. The thing that is really getting me is the fee for breaking your contract. Three years is a long time + the 8-10 months of training and also not knowing where you'll end up practicing... Thanks in advance. Link to comment Share on other sites More sharing options...
bike mike Posted May 18, 2017 Share Posted May 18, 2017 Yikes! Run for the hills. No way I'd take that offer. Link to comment Share on other sites More sharing options...
karebear12892 Posted May 18, 2017 Share Posted May 18, 2017 "Three year contract and if you break the contract before three years AFTER the training period, you have to pay a $50k fee." Absolutely not. Link to comment Share on other sites More sharing options...
Moderator ventana Posted May 18, 2017 Moderator Share Posted May 18, 2017 Hello, Can someone help me analyze this offer. Dermatology position as a new grad. Practice thats in the NYC area (several offices in different locations in the NYC and the surrounding area). There is a 8-10 month training program/residency that seems very structured - one day a week is didactic, the rest is clinical work in the private practice and also one day a week at a free clinic. Tests and quizzes weekly along with a comprehensive exam. Guaranteed a position once the training program is completed, but can be ANY of the offices (wherever there is an opening they send you). 50k a year for the training period of 8-10 months. This is followed by a three year contract starting at 100k for first year base salary, 110k second year, 125k third year. There are bonus incentives. First year it is 20% of collections once you exceed 125k for the fiscal year, second year also 20% after exceeding 137,500 and third year is 20% after exceeding 156,250. $2000 CME credit per year, 15 days vacation time a year with 2 days for CME (so really 17). Full malpractice and benefit coverage. Cons: - Three year contract and if you break the contract before three years AFTER the training period, you have to pay a $50k fee (aka the fee for your training period) - Do not know what office you're going to be working in (wouldn't want to be traveling to Queens or Long Island), but maybe I can get them to change this and let me know beforehand in my contract Anyone have any insight? I am really torn. The thing that is really getting me is the fee for breaking your contract. Three years is a long time + the 8-10 months of training and also not knowing where you'll end up practicing... Thanks in advance. You need to read about other offers and responses on this page before posting There is SO many things wrong with this offer it is laughable I would not even counter RUN away and in doing so state: I am a fully licensed PA and we do not take a "training salary" 1 year contract is typical NEVER would a PA worth anything sign a penalty like that The days of indentured workers are over long ago... Link to comment Share on other sites More sharing options...
paapp123 Posted May 20, 2017 Author Share Posted May 20, 2017 Thanks everyone for the feedback. I'm just concerned because it's hard to get a dermatology position in NYC - and i've seen similar offers where people even offer to pay you nothing. I am not too concerned about the training program because I know it's structured well and I'd sacrifice a pay cut for that because I value having a good foundation before moving on to another job. Doing my preliminary job search at the moment, every place is looking for at least one year experience (most asking for 2-3 years). I am most concerned about the time frame and will ask for a two year contract. If I can't be given that, then I wouldn't agree, etc. Link to comment Share on other sites More sharing options...
Moderator ventana Posted May 21, 2017 Moderator Share Posted May 21, 2017 DO NOT TAKE THIS OFFER!!!!!!!!!! The reason these "training" salary offers are even there is because previously PA's have accepted substandard offers By continuing to accept what is a horrible offer all you do is hurt yourself, PAs already working in derm, and future PAs Stand up and say no thanks... Link to comment Share on other sites More sharing options...
ryebread203 Posted May 21, 2017 Share Posted May 21, 2017 Thanks everyone for the feedback. I'm just concerned because it's hard to get a dermatology position in NYC - and i've seen similar offers where people even offer to pay you nothing. I am not too concerned about the training program because I know it's structured well and I'd sacrifice a pay cut for that because I value having a good foundation before moving on to another job. Doing my preliminary job search at the moment, every place is looking for at least one year experience (most asking for 2-3 years). I am most concerned about the time frame and will ask for a two year contract. If I can't be given that, then I wouldn't agree, etc. Lots of PAs have signed contracts for terrible pay--dont be comforted by what others have done in "similar" situation for "similar" or no pay. How do you know the training program is structured? Respected residency programs are structured and dependable. Many companies are just looking for cheap labor. That $50,000 penalty sounds like they are try to get you coming and going. If you want a establish a good foundation as a new grad PA, then consider practicing primary care like you are board certified. Starting off in subspecialty cannot be described as foundational. Just because a job says they are looking for minimum 1 year experience doesn't necessary mean its required. Apply anyway. Sure you wont be eligible for Sr. PA job, but there is no fault in putting out numerous applications and in a wide variety of disciplines. Dont take a job that is going to underpay and under-respect you. Lastly, the two year contract. If you want one year, then suggest one. Negotiate for what you want and need. If you say two, they wont counter with one. Use this bum contract situation as a chance to learn how to negotiate harder. Since you really shouldn't take this contact, try a few things out and get used to advocating for your needs and interests. Link to comment Share on other sites More sharing options...
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