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Yet ANOTHER Contract renegotiation...help!


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2016-2017-Original agreement as a 1st Year new Grad Derm PA:

100k straight salary (no bonus)-

general derm only 

4 weeks PTO

5 additional CME days (PTO)

$2500 Annual CME allowance

All licensing/membership dues/supplies/mal practice insurance covered in full

no healthcare/dental (although covered in full by spouse)

no 401k/retirement plan

No maternity leave (although all female staff except the SP)

 

2018 renegotiation pending-

 

$110,500k base with 10% bonus after 300k in collections (this seems terrible)

"will" now transition into surgical excisions and cosmetics (lasers, injectibles)

6 weeks PTO

5 additional CME days (PTO)

$3000 Annual CME allowance

All licensing/membership dues/supplies/mal practice insurance covered in full

"Will" implement 401k/retirement plan, which is currently in the works (although no matching offered)

open to a maternity leave option (although specific terms not discussed)

 

Any feedback would be much appreciated. No signatures have been exchanged therefore nothing is set in stone. So negotiation of terms is still subject to change. 

Thanks for your time!

 

 

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19 hours ago, marktheshark89 said:

Looks pretty good to me. In derm you can easily collect 500k so if you get an extra 20k bonus you’ll be up to 130k in year 2 plus 6 weeks pto is awesome and they are going to give you retirement plan hopefully. In the future you can always negotiate up the 10%. 

Thank you so much for even taking the time to respond! It seems like Most members just view the post without commenting which isn't helpful at all. I truly appreciate your input!  

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