bears610 Posted August 22, 2016 Share Posted August 22, 2016 ..... Link to comment Share on other sites More sharing options...
cop to pa Posted August 22, 2016 Share Posted August 22, 2016 So, if you leave at 2 years, six months, you have to pay them fifty grand, and you can't work within 15 miles of them for a year? You get a grand total of three weeks off for vacation, sick and CME? Are they paying any CME? Do they pay for licenses? Why are you only receiving 40% of your pay for the first 2 months? If it's for training, what, specifically, will you be getting? Not a great offer by far. Link to comment Share on other sites More sharing options...
bears610 Posted August 22, 2016 Author Share Posted August 22, 2016 So, if you leave at 2 years, six months, you have to pay them fifty grand, and you can't work within 15 miles of them for a year? You get a grand total of three weeks off for vacation, sick and CME? Are they paying any CME? Do they pay for licenses? Why are you only receiving 40% of your pay for the first 2 months? If it's for training, what, specifically, will you be getting? Not a great offer by far. Professional license fee is covered. Im going to try to renogiate better terms for PTo, sick and CME. The introductory period is mostly shadowing while i wait for license to get finalized. Are there too many deal breakers? Link to comment Share on other sites More sharing options...
Maverick87 Posted August 22, 2016 Share Posted August 22, 2016 From what I've seen with newbie derm offers, this is actually not a bad offer. It's difficult to get into derm. Companies know this and exploit it. Link to comment Share on other sites More sharing options...
Moderator ventana Posted August 22, 2016 Moderator Share Posted August 22, 2016 New grad derm offer 3 year commitment in non major city in cali (BUT 50k termination fee) NO NO NO - one year and no cancellation fee - honestly do they want you working for them if you want to leave???? 60 day introductory period @ 50k annaul rate (5 days a week, 8 hr days, no weekends) (health coverage provided at 100% covered) NO NO - you are fully licensed and when you start working you get your full rate - if they want discounted help, well.... There is no such thing.... After that period is over 125K base salary, or (whichever is higher) 20% of net receipts (computed at close of semi annual period) 2nd year = 130k base salary or (whichever is higher) 20% of net receipts (computed at close of semi annual period) Very competitive - MAKE SURE it is in writing, that you get the HIGHER of the two, that you get FULL unrestricted access to all bills for your patients. I would suggest that your bonus/pay calculation is done quarterly or even monthly.... Just far simplier that way...... 15 days PTO (assuming 5 days/week of work) towards vacation, education and sick leave Not great Basically you should get 3 Weeks vacation 10 holidays Min 3 days CME (ask for a week) 1-2 weeks sick/personal This totals out to 5+ weeks of PTO PLUS holidays - make sure to get the PLUS holidays - and outlining what the holiday are so that they can not make you work every minor holiday malpractice covered without tail NOPE - malpractice covered for all acts you preform while their employee for ever 1 year non compete in 15 mil radius One year is not bad - but 15 mile is big - go for 5 miles Health insurance and 401 k after 3 month employment 90 day wait on health insurance is a long time.... 401k 90 day is written into the plan an not variable Your 401K matching contribution should be detailed What do you guys think? Honestly not a bad offer minus the $50k, 3 weeks PTO and delay on health insurance Salary is very good Counter with Sam salary $2500 CME and one week dedicated to it Vacation time 4 weeks Sick/Personal 1 week NO $50k penalty NO wait on Health Insurance Remember if they were to hire a Derm Doc they would be looking at 200-300k/year salary, $5000+ CME and likely about 5-8 weeks PTO Now you are a LONG ways from a Boarded Doc as a new grad, but your value will become apparent pretty quickly (but yes you will cost they money in short run....) Other issues to resolve Scheduled number of hours per day - define clinic hours - I would say NO MORE then 35 clinic hours per week Define number of patients seen per hour and per day - and this is not variable - you have to come up with an reasonable learning curve so you don't burn out Good luck - keep us posted Link to comment Share on other sites More sharing options...
bears610 Posted August 22, 2016 Author Share Posted August 22, 2016 Let's say the 50k fee is not there, does the 3 year commitment become less of a deal breaker? Link to comment Share on other sites More sharing options...
Maverick87 Posted August 22, 2016 Share Posted August 22, 2016 Let's say the 50k fee is not there, does the 3 year commitment become less of a deal breaker? 3 year commitment is normal in derm. If anything, no commitment is a red flag. Link to comment Share on other sites More sharing options...
Surge Posted October 9, 2016 Share Posted October 9, 2016 Did you get to renegotiate the contract? Did you accept the offer? Link to comment Share on other sites More sharing options...
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