Recruiter’s Commitment Leads to Win-Win Physician Placement

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It is no secret that finding your ideal job as a physician can be an overwhelming process.  Once you’ve taken the time to figure out what is most important to you – be it compensation, flexible hours, or time spent with patients – the sometimes grueling process of sifting through job postings to find a position that seems like the right fit can make anyone want to throw their hands in the air. Thankfully, working directly with a physician recruiter can make the job search process a pleasant one, as was the case for Dr. Joe and Don Evans, Senior Search Consultant here at Jackson Physician Search.

Don was tasked with the search for a new physician at a rural clinic in South Dakota. With three of their physicians retiring in the near future, clinic leadership knew they needed a partner to help them fill their upcoming vacancy. As is so often the case, the rural location in South Dakota was going to be a challenge, but the clinic had many positive aspects to balance out that equation. It has been in operation for 85 years and has successfully established an on-site pharmacy, labs and imaging facilities, and very efficient processes for scribing and medical records.  All of this means the physicians can spend more time with the patient.

During the process of recruiting for the clinic, a fellow Jackson Physician Search recruiter forwarded Don the contact information for a family medicine physician whose practice of 15 years had been bought out by a large health system. He was located in the state of Washington and had recently begun testing the waters to see if other opportunities were available.  Don established contact with Dr. Joe, and the two quickly established an important rapport.  Dr. Joe can be described as a “Doctor’s Doctor.”  He puts patient care above all else and was resistant to the time constraints and other changes that were implemented by the health system. The bureaucracy and inefficiencies in the medical records systems were adding hours to his already long days.

Don and Dr. Joe spent a lot of time on the phone talking about life and family, and what that might look like in a new setting should Dr. Joe find the right opportunity. Currently, work was consuming all of Dr. Joe’s life, and he barely had time to see his family and never had time for hobbies or personal activities. Together, through many hours of communication at all hours and even on weekends, they began crafting a plan of what the right opportunity would look like.

Eventually, Don realized that the clinic in South Dakota would provide Dr. Joe with everything he was looking for, both personally and professionally.  Dr. Joe was hesitant because he was unsure about making such a major move from the state of Washington to South Dakota. During one of their frequent calls, Don asked Joe when the last time was that he had sat down with his family and had a meal together.  After a long silence, Dr. Joe realized it had been three years.  He then agreed to at least make a site visit and hear what the clinic leadership had to say.

The clinic administrator knew that their location was always going to be a hurdle that they had to overcome when recruiting physicians to work there.  He made sure that the entire staff was onboard and prepared to make an invaluable first impression on Dr. Joe.  During the visit, Dr. Joe met with the other physicians, most of which are partners in the practice, and they even went out on a hunting expedition. A hobby that Dr. Joe never has time for in his current situation.

The visit was highly successful, but Dr. Joe still had trepidation. He was worried that his family would not be happy in such a small community.  After a few more weeks, Dr. Joe’s family was able to make a site visit, and as fate would have it, his wife fell in love with the family-friendly community and also learned that a childhood friend lives an hour away in Sioux Falls.  From that point on, she played an integral role in convincing Dr. Joe that the move would be the best thing for their entire family. Another important factor in Dr. Joe eventually agreeing to accept the offer was the level of trust and the friendship that developed between himself and Don. Because they built up that bond through all of their conversations, Dr. Joe felt comfortable listening to Don’s insight and trusted his expertise while making a life-changing decision for him and his family.

The result was a win-win for the physician and the clinic. Dr. Joe got the work/life balance he wanted and the clinic got a physician that is dedicated to outstanding patient care.

If you are ready to make a change in your physician career, trust the experts at Jackson Physician Search.  Our recruitment professionals take the time to learn and understand what is important for you, your family, and your career.  Contact us today.

Rural Community Parade Placement Story

Welcomed With a Parade

It is undeniable that physicians practicing in small rural communities are a renowned and respected member of the community.

Physician Recruiters Help You Change Jobs

Working With a Recruiter to Make a Change

Based in Boise, Dr. M. had been traveling all over Idaho and other western states as the Medical Director for a correctional facility conglomerate.

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2019 Physician Job Search Outlook

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Let’s look at the 2019 Physician Job Search Outlook.  With 2019 right around the corner, is it the perfect time to start planning to change jobs, retire early, get out of private practice, etc.? Here are several things for doctors to consider for 2019.

Escape From the City

We all experience feelings of burnout in our careers from time to time, but if you are one of those physicians who would say that the burnout is pervasive, maybe a change of scenery can do the trick.  Rural communities are struggling to find doctors, and many are sweetening their offers to attract more physicians to “go country.” Physicians who leave the hustle and bustle of the city find lower patient volumes, a better quality of life, more time to spend with your patients, lower costs of living, and much more.

Do Things Differently

Proactive administrators are aggressively pursuing ways to keep their physicians from seeking greener pastures. Reducing the time doctors spend on notes and EHRs by hiring scribes, adding more NPs to reduce workload, and focusing on corporate culture, are just a few of the ways systems are bettering the work environment. Doctors that find themselves somewhere that isn’t seeking continuous improvement, there are plenty of other opportunities out there to consider.

Change in Location

Maybe 2019 can be the year that you get out of the city you’re in and find a new one more conducive to your lifestyle. If you don’t see yourself fitting into a rural setting, a 2018 Medscape survey uncovered the best places to practice.  Topping the list is North Dakota with its booming economy, low numbers of uninsured citizens, and high ranking healthcare quality statewide. Very few other states have lower doctor burnout rates than North Dakota. Not surprisingly, Hawaii is also near the top of the list, as well as several states located in the Great Plains, Nebraska, Iowa, and Minnesota. With opportunities all over the country, with a little research, you can find the perfect place for you.

Retirement

In a recent survey of 9,000 physicians nationwide, over 17% responded that they are planning to retire within 3 years.  This number is up from a similar survey conducted in 2016.  Considering that over 41% of physicians are age 56 and over, these results aren’t surprising. However, that same survey found 47% want to retire sooner than they had planned.  There are many reasons for wanting to retire early, maybe you have saved and invested well, and have achieved some financial independence. Or, maybe you are looking to spend more time with your family, or as in many cases, experiencing burnout.

New Setting, New You

While it is often mistakenly attributed to Albert Einstein, the definition of insanity is most certainly doing the same thing over and over and expecting different results.  The same can be said for your career as a physician.  If it isn’t going the way it should or you expected, 2019 is the time to make a change as evidenced by the 46% of physicians actively planning a new career path. Many physicians are changing their focus, almost 19% are now practicing telemedicine, 12% are planning to find a non-clinical position, and 30% are planning to cut back their hours with one-third of those going part-time.

If 2019 is going to be the year that you take your physician career to new places, Jackson Physician Search is the partner who can help you achieve new heights, find greener pastures, or simply find an opportunity that reignites your passion for medicine.  Contact one of our recruitment professionals today to get started.

5 Reasons Why Doctors Search for a New Jobs

Five Reasons Why Doctors Search For a New Job

If you pay any attention at all to the stock market or financial news, you already know that the economy is booming and the outlook for jobs is better than it has been in…

Physician Job Search

Keeping up with the Dr. Joneses… and Other Ways to Sabotage Your Physician Job Search

As an in-demand physician, the chances are pretty good that you have plenty of opportunities to consider when and if you are in the market for a new practice opportunity.  There is much more…

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Click the Search Jobs button to browse our current openings.

Why Physicians Should Consider Flyover States

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We’ve all heard the references to “flyover” America when talking about cities and states in the central regions of the United States. Often times, these so-called flyover states are overlooked by physicians and advanced practice professionals when considering their next job opportunity. Doing that might turn out to be a bigger mistake than you realize.  Considering opportunities in less populous states and rural communities can be the best way to land a job that provides a combination of work/life balance and quality of life that may not be found in sprawling urban areas. With physician burnout and unmanageable work schedules increasingly at the forefront, now is the time to discover parts of this country you never knew existed.

The Reason Why

Your career should not be all about a big salary. A $380,000 salary in San Francisco or “the Big Apple” won’t get what you can with $240,000 in Duluth or Colorado Springs. Imagine being able to practice medicine outside of a bureaucracy, spending time with patients instead of managing quotas, and then actually having a life outside of the workplace.  Does that sound like something you can get into?

Let’s take a look at states that have wide open spaces and a lot of physician opportunities for those who are ready to make a change.

Minnesota

The ‘Land of 10,000 Lakes’ is an outdoor lover’s dream. From recreational water sports activities in the summer to ice skating and fishing in the winters. In Minnesota, weekend retreats to a cabin on the lake is a family tradition that goes back generations.  One fact about Minnesota that you may not know is that it has one of the most highly educated populations in the country, second only to Massachusetts.

Wisconsin

Another state with a variety of physician and advanced practice opportunities is the ‘Dairy State,’ Wisconsin.  If you are a fan of cheese, ice cream, and other dairy products, you can’t go wrong here. From the quaint charm of Egg Harbor to the bustling metropolis of Milwaukee, Wisconsin has something for everyone. Year round festivals, professional and college sports galore, and outdoor activities of all types, Wisconsin is a great state to raise a family.

Colorado

Do you like to ski and wish you had more time for that and other winter sports? Colorado is famous for being the ultimate ski destination. Finding your physician opportunity in the ‘Rocky Mountain State’ means that you will not only be close to world-class ski resorts but actually have the time to enjoy them. Coloradans are health fanatics, and there are plenty of outdoor fitness opportunities allowing you to enjoy the more than 300 days of sunshine a year.

Texas

While not typically included in discussions of flyover states, there is much more to Texas than the big cities of Dallas, Fort Worth, and Austin. Rural opportunities for physicians abound in Texas, and many are in and around locations in the southern part of the state. If you have always wanted to be near the water, the Houston/Galveston area is situated near the Gulf Coast, while farther inland the beauty and history found near San Antonio is hard to pass up. Texas is very financially friendly as the economy is booming and homeownership is easier than in highly taxed and more regulated states.

Start Looking

Now is the perfect time to reconsider your career options. Opportunities reside all over the country and if balance is something that is missing in your life, take a flyer on a flyover state and see if it is right for you.

Jackson Physician Search is an industry leader in placing physicians and advanced practice professionals into opportunities that provide them with the work/life balance and professional growth they need.  Get started by contacting one of our physician recruitment professionals today, or use our powerful job search tool and discover some of the incredible opportunities we have available.

 

physician job location

In Your Job Search, Think “Location” Last: Really?

Historically we have been taught to think that location is everything; how many times have you heard the expression, “Location, Location, Location”? But location…

Physician Compensation

Ask How You Will Earn… Before How Much

If you are looking for your first practice opportunity or simply looking for your next practice opportunity, your top considerations are likely to be location and practice setting, both…

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Click the Search Jobs button to browse our current openings.

JPS Recruiters Live: Optimizing for Your Children’s Education

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You can watch the recording of this installment of JPS Recruiters Live on our Facebook Page. (10 mins.)

Often, we get asked by doctors that are looking to relocate for help with assessing schools and school districts. We know that the education of their children is very important to them. At Jackson Physician Search, we actively research school systems, neighborhoods, cost of living, and other information so we can match physicians to jobs that fit their career and personal needs.

Resources for Assessing Schools and School Districts

There are plenty of good websites for checking the general “temperature” of a school or school district. It’s important to remember that the ratings are primarily based on standardized test scores. When there is additional information on student outcomes and growth or college preparedness, that is also weighed. Not all states report on those metrics though. Some sites use datasets such as community demographics, real estate sites, Wikipedia, etc. Keep in mind, sometimes that data is out of date or irrelevant, so be sure to check the source date of the information.

Links

  • nces.ed.gov/ – This is a great site that has information about public, private, and charter schools. There are many reports, with lots of data, that you can use to evaluate schools.
  • schooldigger.com – This site has its own ranking system called the “SchoolDigger Rank”. Their database has detailed profiles for over 136,000 schools. They track enrollment data, test scores, crime data, real estate data, etc.
  • greatschools.org – GreatSchools is the leading national nonprofit for school ratings. They also have articles, tips, and interactive tools to help parents support their children’s academic efforts.

What’s Most Important in Assessing Education Opportunities

There are more important factors than picking the “right” school. There is a strong correlation between academic achievement and the highest level of education of the parents, especially the mother, and the emphasis placed on learning in the home. When there is an expectation of academic excellence in the home and a real-world example of academic excellence, students have a much higher probability of academic success. This is great news for the families of physicians and scholars like yourself.

The School Is Only One Element of Academic Success

In many ways, it is more relevant to research specific resources versus overall school rating. Some schools offer resources such as before and after-school programs, and special needs assistance. If your student is college bound, they need to be prepared to differentiate themselves from other college applicants. At Harvard University, one of their four main considerations for admissions is interests and activities. More specifically, extracurricular activities, athletics, and community involvement. Your work-life balance can also have an impact on academic success. How much time will you have to get kids to soccer practice, help them with homework, and teach life lessons?

If you have more questions about how our expert physician recruiters research and evaluate the positions we staff for, please reach out to us using the contact us form below.

 

Physician Compensation

JPS Recruiters Live: Deciphering Physician Compensation

You can watch the recording of JPS Recruiters Live: Deciphering Physician Compensation on our Facebook page. (24 mins.)

Physicians Going Country

JPS Recruiters Live: The Benefits of Physicians Going Country

You can watch the recording of JPS Recruiters Live: The Benefits of Physicians Going Country on our Facebook page. (11 mins.)

Start Your Job Search

Click the Search Jobs button to browse our current openings.

Take Time to Assess Your Surroundings During Your On-Site Interview

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With competition for your services as a physician being so fierce, healthcare organizations are increasingly looking for individuals who fit their culture in addition to having the necessary skills to succeed.

While administrators are going out of their way to attract and hire doctors who are a good fit, it is important that you do the same for yourself. If you are being brought in for an on-site interview, it is a good indication that they think your values and skills are a match for the organization.  Don’t pass up the opportunity to do some reconnaissance of your own about the organization as well as the community.  Is it a place you can envision settling into?  A place you might even want to raise a family?  Fortunately, like anyone who is in a high-demand career, you have the opportunity to focus on finding a job that fits your career and life goals.

Think About Your Time Away from the Job

If you are going to avoid burnout, you have to have access to things that you like to do to recharge your batteries.  Do you like to fish and hike? Then check out your proximity to parklands.  Maybe you are a cycler or a runner.  You can search online for local running or bicycling clubs. Another underutilized resource for individuals who are relocating is the local chamber of commerce.  People work for the chamber because they know everybody in town and are connected to everyone who matters.  You can connect with them online, it’s a great place to start your research.

Spend Some Time in the Community

Make your way around the downtown or take a drive in the suburbs, it is important to get a feel for the speed and vibrancy of life there.  Strike up a random conversation with the person who is filling up their gas tank at the pump next to you.  You have made your career by gleaning health information from strangers, it is just as easy to learn about non-health related things in the same way.

Assess the Facility Environment

What are your thoughts as you walk through the front doors? Do the folks at the front desk have a smile on their face?  How about the other clinicians?  What can you read from their body language?  Head over to the coffee shop or the cafeteria and strike up a conversation with any physicians or residents you come across.  You might be surprised what you can learn from a little human intelligence, and it will help you in the interview process.

Now, that you have your own sense of the community, the facility, and the people who work there, there is a frame of reference for you to lean on during the interview.  You may have learned something that you want to confirm or ask about. The members of the interview team will measure you up at the same time you can measure them against your recon experience. While it may feel a bit like a spy novel, we are talking about your career and your happiness and engagement in that career.

Jackson Physician Search recruiters personally visit their client’s location so they can help candidates accurately evaluate fit.

If you want to know more about any of our physician opportunities, please contact us.

 

physician job location

In Your Job Search, Think “Location” Last: Really?

Historically we have been taught to think that location is everything; how many times have you heard the expression, “Location, Location, Location”? But location should be one of…

How to Make Your Next Physician Practice Feel like a Vacation

If that headline grabbed your attention, it’s likely that you are either on vacation or wish you were! By definition, vacation is the time you spend on travel or recreation…

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How to Make Your Next Physician Practice Feel like a Vacation

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If that headline grabbed your attention, it’s likely that you are either on vacation or wish you were! By definition, vacation is the time you spend on travel or recreation – away from work. So, how is it possible to make your next physician practice feel like a vacation?

If you pick the right practice in the right place, it is possible to enjoy some of the feelings, sensations, and experiences you have on vacation on an everyday basis.

It takes a bit of personal introspection and a good guide who can help you align what makes you happy on vacation with a job that delivers those same satisfiers both within the practice and outside of work.

First, take inventory of what you love about vacation (other than not being at work)!

  • Time: How do you spend your time on vacation? Do you plan to see, do or learn new things? Do you enroll in a course or take on a project? Do you recharge through reading, contemplation or the fine art of “doing nothing”?
  • People: Describe the energy you get from the people you are around when vacationing. Do you find solitude restorative, or do you enjoy traveling with a group? If you have a family, what are things you do together, and how do you like to spend any alone time?
  • Surroundings: What are the must-haves for your vacation destinations? Do they include access to water and mountains, or nightlife and culture? Do you relish challenging exercise or spa treatments? Are you all-in for local cuisine, history and notable sites? Maybe there is a hobby or special interest at the top of your list.

Next, explore how a potential practice opportunity and community align not only with “Dr. You,” but also with “Vacation You.”

Do not be afraid to ask your recruiter lots of questions. They understand that your medical skills – which can be applied in nearly any setting – are in high demand. Their goal is to differentiate each opportunity by showing you how they can meet your goals for quality of practice and quality of life.

Give them plenty of insight about your priorities so that they can customize the schedule for your interview. You will need ample opportunity to see how the amenities and culture – of both the organization and the community – will contribute to your overall work/life experience. Remember, you want to see and hear about the things that will evoke the same energy you feel on vacation.

Is the practice team-based or mostly autonomous? What group activities or committees are part of the job? Is time available for research, continuing education, medical missions or sabbaticals?

Does the facility offer yoga class, hiking trails, a meditation garden or gym? If there is onsite daycare, you may be able to drop in for lunch or special activities with your children. Do colleagues and their families enjoy any similar hobbies and interests as you and your family?

The U.S. is full of best-kept secrets. Some may be minutes away from fishing, horse trails, wineries or water sports that you normally must wait to enjoy on vacation. There may be fabulous dining and entertainment nearby that will make weekends special, or enough local history to allow you to be a tourist in your own town.

When you identify the restorative aspects of vacation that are unique to you, the choice of practice opportunities will become clear. The sum of positive team dynamics, small daily pleasures, local amenities and weekend excursions will go a long way toward making work feel more like a vacation.

Jackson Physician Search recruiters personally visit their client’s location so they can help candidates accurately evaluate fit. If you want to know more about any of our physician opportunities, please contact us.

 

5 Reasons Why Doctors Search for a New Jobs

Five Reasons Why Doctors Search For a New Job

If you pay any attention at all to the stock market or financial news, you already know that the economy is booming and the outlook for jobs is better than it has been in…

choosing education the right shcools

JPS Recruiters Live: Optimizing for Your Children’s Education

You can watch the recording of this installment of JPS Recruiters Live on our Facebook Page. (10 mins.)

Start Your Job Search

Click the Search Jobs button to browse our current openings.

JPS Recruiters Live: The Benefits of Physicians Going Country

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You can watch the recording of JPS Recruiters Live: The Benefits of Physicians Going Country on our Facebook page. (11 mins.)

Benefits of a Rural Practice

There are three main benefits of practicing in a rural area: an elevated skill set, quality of life, and compensation. Even though you probably haven’t considered relocating to a rural setting, you should.

About 10% of the physician workforce currently practices in a rural setting. What does rural medicine or practicing in a rural setting mean?  Rural literally means, in, relating to, or characteristic of the countryside rather than the town. To a physician, it means that you’ll be practicing either in a remote geographical area or in an area with a small population. Only about 20% of Americans live in a rural area.

Elevated Skill Set

The first benefit of practicing in a rural setting arises from the location of the facility where you’ll be practicing. Rural populations have limited access to advanced healthcare facilities, so you will develop an elevated skill set. You could be doing inpatient, outpatient, and emergency medicine. You’ll be developing and honing skills that might not otherwise get used.

Quality of Life

The second benefit of practicing in a rural facility is the quality of life and practice. Because only a small portion of the population lives in rural areas, you’ll experience lower patient volume, lower census, and you’ll have extra time to spend with your patients. Additionally, your impact on the community will be much higher. You will likely become a staple of the community. There is a chance that you’ll be caring for different generations of a single family.

Compensation and Reimbursement

The third and probably most appealing benefit of practicing in a rural setting is compensation and reimbursement. Typically, you’ll see higher compensation in a rural setting and you’ll have greater access to loan repayment resources. You can use our Physician Salary Calculator to see the difference setting has on compensation. Additionally, you will also likely experience a lower cost of living compared to urban and suburban living. As you are probably aware, there are different types of loan repayment programs. Practicing in a rural facility likely qualifies you for the Public Service Loan Forgiveness Program. As part of your compensation package, you could potentially receive over $100,000 towards loan repayment annually. Here is a link to a list of repayment/forgiveness and scholarship programs.

If you have any other questions about practicing in a rural setting, please reach out to Jeff Foster.

 

Physician Compensation

JPS Recruiters Live: Deciphering Physician Compensation

You can watch the recording of JPS Recruiters Live: Deciphering Physician Compensation on our Facebook page. (24 mins.)

choosing education the right shcools

JPS Recruiters Live: Optimizing for Your Children’s Education

You can watch the recording of this installment of JPS Recruiters Live on our Facebook Page. (10 mins.)

Start Your Job Search

Click the Search Jobs button to browse our current openings.

Relocation Tips under the New Tax Law

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In case you hadn’t heard, the new tax law eliminates the tax deduction for moving expenses and other job costs such as license and regulatory fees, required medical tests, and unreimbursed continuing education.  The following relocation tips will help make sure you have a great moving experience under the new tax law.

If your next job (or your first job) involves relocation, you need to know these seven relocation tips for optimizing your moving experience.

  1. Involve your spouse early. Understand their “must haves,” from the smallest details of the move to big picture issues like their earning power in the new location. Two heads are better than one; they will think of things you have not.
  2. Compare the cost of living. With your short list of locations in hand, assess the long-term economic impact of living in those communities. How far will your dollars stretch? Websites such as Sperling’s Best Places to Live can guide you.
  3. Research your moving costs. There could be a wide cost variance, based on distance and the volume of items you’ll move. Get a no-obligation quote from a moving company to help you quantify this perk and substantiate the amount you seek in your relocation package. Even if the hospital simply includes a flat moving allowance in your signing bonus, you want to be sure your costs are covered.
  4. Get the reimbursement policy in writing. It should include a detailed list of what will or will not be reimbursed. Be sure you understand their definition of “reasonable” expenses – because that’s what counts when the check is cut.
  5. Use an approved relocation service. If the hospital has a direct contract with a relocation service, working with them will save you time and help you avoid out-of-pocket expense when cash is tight. Alternatively, the hospital may provide a list of approved movers that you must use to be reimbursed.
  6. Keep every receipt. Your itemized credit card bill probably doesn’t provide enough documentation for reimbursement. The original, detailed invoice and receipts proving payment may need to be submitted.
  7. Reserve enough cash to pay your taxes. To avoid an expensive surprise at tax time, ask a tax adviser how relocation reimbursement and other incentives will be taxed in 2018. Then, be prepared to pay Uncle Sam what you owe in 2019.

Which relocation expenses are typically reimbursed for physicians?

Items that may typically be approved for reimbursement:

  • Truck or trailer rental
  • Professional movers
  • Amount paid for gas and oil for physician’s vehicle OR the standard mileage rate
  • Parking fees and tolls
  • Packing materials…boxes, tape, etc.
  • Lodging expenses (reasonable)
  • Airline tickets for physician and family members for one-way travel to new location
  • Shipment of one personal vehicle
  • Storage fees (30 days)

Items that are typically not reimbursable:

  • Pre-move house hunting expenses
  • Expenses of buying or selling a home
  • Expenses of entering into or breaking a lease
  • Temporary living expenses
  • Meals

Note: Starting in 2018, moving expenses are not tax-deductible.  Consult a tax advisor about how reimbursed expenses may be taxed.

With this relocation guide, you can put your moving expenses and cost of living differences into context with your overall compensation package.  For additional insight, see how your compensation compares across the country by visiting the Jackson Physician Search Salary Calculator and Resource Center.

 

 

Physician at an On-Site Interview

Take Time to Assess Your Surroundings During Your On-Site Interview

With competition for your services as a physician being so fierce, healthcare organizations are increasingly looking for individuals who fit their culture in addition…

 

determining physician practice location

Why the “Worst” Location Might be Better for Your Practice

The old real estate adage “Location, Location, Location” also applies to your choice of location for practicing medicine. But, when deciding your practice location, the…

Start Your Job Search

Click the Search Jobs button to browse our current openings.

Personalized Compensation Reports with New Physician Salary Calculator

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According to a recent MMS Survey, 69% of physicians say the most important factors when making a decision about a new job opportunity are location and, not surprisingly, compensation. After you have prioritized your need for a satisfying medical practice, working with colleagues you respect and living in a community you and your family love, the remaining question is: Will I be fairly compensated?

Seeking an answer can be overwhelming. Just google “physician salary” and you get 42.7 million results.

Whether you are a new physician emerging from training, or you are considering a change after years in practice, you likely want to know what the compensation for your specialty looks like for your area and across various locations nationwide.

It’s a good idea to consult a number of credible sources to understand how multiple variables influence your potential compensation package. Data sources vary from comprehensive reports published (and offered for sale) by healthcare industry associations to free salary calculators that cover a wide cross-section of jobs and professions, including the practice of medicine. Industry insiders, experts and advisors, including experienced physician recruiters, are also valuable resources.

To further contribute to the resources available to physicians, and to provide physicians with a more useful and accessible tool for physician salary data and trends, we have created an enhanced Physician Salary Calculator and Resource Center featuring an interactive calculator that enables you to:

  • Easily access customized physician compensation data
  • Drill down by specialty, state and type of location
  • Display instant results with option to have your custom report emailed to yourself

Customizable calculator fields reflect the components that are typically included in a compensation package, including:

  • Benefits
  • Sign-on Bonus
  • Residency stipend
  • Relocation assistance
  • Student loan repayment
  • Future bonuses for productivity and quality

Your results will instantly show a competitive market-based scenario that breaks out base salary, benefits, hiring incentives and bonuses.

The calculator is unique in its design for use with an offer in hand, or if you are considering relocation and want to see how far your current compensation would stretch in a different state or type of community.

Data has been compiled from salary surveys published by industry leaders including HealtheCareers and Doximity, which draws from self-reported compensation surveys of more than 36,000 physicians.

We also have incorporated proprietary data from our own physician placement and search data. Of course, actual compensation will vary depending on additional variables such as skills and qualifications in your specialty, and supply and demand in your chosen location. The information does not constitute specific advice for any candidate nor does it guarantee compensation from any organization.

We invite you to explore the enhanced Physician Salary Calculator and Resource Center yourself.

For even more personalized consultation, we recommend speaking with one of our knowledgable recruiters.

Physician Recruiter and Team

How to Ignite Your Career with a Physician Recruiter

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Physician Compensation

Ask How You Will Earn… Before How Much

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Start Your Job Search

Click the Search Jobs button to browse our current openings.

Avoid the Resident’s First Job Curse

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As a resident entering your final year of training, logic may lead you to believe that the high demand and limited supply of physicians will make it easier for you to find your first job whenever you start looking. But with literally thousands of options available, the opposite is true. Keep reading to see how you can avoid the curse of the resident’s first job.

Many final year residents are overwhelmed by the sheer variety of choices, are unaccustomed to negotiating for a job, and underestimate the timeline involved from application through interviewing and licensing. As a result, the most desirable positions are often filled early, and new doctors often wind up in positions that aren’t their best fit. If you wait too long, confusion and panic can set in, and you may accept a job out of necessity rather than choice.

It sounds ominous, but it is estimated that more than half of new physicians leave their first job within five years, and more than half of that group had stayed only one or two years.

Getting ahead of the timeline will position you to land the best job possible and avoid common missteps including:

  • Not spending enough time with your job search
  • Lacking resources for due diligence on market conditions and trends
  • Succumbing to external pressure from family or colleagues
  • Failing to optimize and negotiate your contract and compensation package
  • Rushing to make a decision in the eleventh hour based on what’s easy or “fast”

Finding the Right Fit is Important for a Resident’s First Job Search

One common mistake that newly trained doctors make is to focus their job search on a particular location to be near family and the community where they grew up, rather than focusing on finding the practice setting and culture that offers the best fit for their career and personal goals.

This narrow “location-only” approach could force you into a job you don’t really like. We surveyed physicians and found that when “location” was the top priority in their first job search, they were more likely to leave within five years than those applicants who had chosen “quality” as the top priority.

Of course, if you remove the location filter from a job search, the number of possibilities can seem overwhelming. Narrowing the choices means having a good idea of the type of job and employment model you want. Do you want to work for someone or strike out on your own? Do you want to be in a large organization or a small one?

Perhaps you know you want to pursue academic medicine in a big city with job opportunities for your significant other. Or if you’d like to see your compensation stretch further, a smaller city may be best. Due to the more limited supply of physicians, small-town practices often provide higher earning potential and a lower cost of living.

Once you can clarify what really matters to you, it becomes easy to focus on the best fit locations, practice settings and organizations.

Spring into action on your job search, with our Job Search Preparation Guide.

Connect with us for help with your job search timeline and game plan.

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