Search the Community

Showing results for tags 'early termination fee'.



More search options

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


Forums

  • News & Announcements
    • Announcements
  • Professional Physician Assistant
    • Professional PA General Discussion
    • Medical Billing & Coding
    • Specialties
    • Military
    • State Specific Discussion
    • Physician Assistant Residency
    • Physician Assistant Owned Practice
    • Contracts, Negotiations & Malpractice
  • International Physician Assistant Forum
    • International Physician Assistant
    • International Physician Assistant Schools
  • Physician Assistant Student Forums
    • PA Student General Discussion
    • Shadowing Opportunities
    • Clinical Rotations
    • PANCE/PANRE
    • Financial Aid
    • Textbook & Medical Equipment For Sale
  • Pre-PA
    • Pre-PA General Discussion
    • PA Schools
    • Physician Assistant Schools
    • CASPA
    • Personal Statements
  • Miscellaneous
    • The Recovery Room
    • Website Support

Categories

  • PANCE/PANRE Review
  • Pre-PA
  • Miscellaneous

Blogs

  • Working for the VA
  • beads that symbolize a myriad of relevant issues in its life

Categories

  • PA Profession
  • Medical
  • PANCE/PANRE Review
  • Pre-PA
  • Other

Profession

Found 1 result

  1. Hello PA friends! I have an upcoming interview.... my very first one!!... and they were kind enough to send me the contract in advance. Reading through it I see an early termination clause in which I would be asked to pay FIFTY THOUSAND DOLLARS if I were to leave before the end of three years. I love longevity, but this is my first job out of PA school( and I don't graduate until December), and I don't have $50 much less $50,000. So that's a no. And there's not even a commensurate level of sign on bonuses (clearly no one is giving me 50k to sign on or any sign on bonus for that matter) and even if I figure that this is associated with the costs of having me as an employee like perhaps the total cost of three years worth of health insurance plus CME is 21k (no idea what it costs to add me to malpractice but I truly hope its not 29 Grand but who knows).... bottom line I don't know where this random 50k come from but still, no. Also, I have an illness that is currently controlled but that I worry about and so I really don't want to be bound to pay this especially if I can't work for some reason..... and of course I don't want to disclose this information and screw myself out of a job. But, can all this sad cluster be worked around? My gut reaction is: 1. go to this interview and see if it's even worth the fuss of steps below 2. get a lawyer to review this contract if the place seems on the up and up 3. reach out and see if they are willing to drop this clause. Are the steps above reasonable, is there another route you suggest, or is this whole thing just one huge red flashing sign screaming at me to not bother? Thanks in advance for your help!!