Hi first time posting, long time reader. Anesthesia-Pain doc here.
My contract for both myself and my group is coming up for negotiation and i am brainstorming on how to best design a fair plan for the group. I am in academics, but honestly, these days the private-academics lines are blurred. I see private groups doing innovative research, and academic groups being paid on collections.
What I am curious about is:
1. Are you paid a salary, salary + incentive, all incentive?
2. If incentive, is it on production, research, academic endeavors or all of the above?
3. Are you on RVU or collection?
4. Is it individualized, group based (you live and die by your group), or some combination of it (and if so, what percentage split?)
I am looking for ideas on how to best motivate, yet not cannibalize eachother. Also, I am sure there will be interesting points raised that I did not think about so chime away!
My contract for both myself and my group is coming up for negotiation and i am brainstorming on how to best design a fair plan for the group. I am in academics, but honestly, these days the private-academics lines are blurred. I see private groups doing innovative research, and academic groups being paid on collections.
What I am curious about is:
1. Are you paid a salary, salary + incentive, all incentive?
2. If incentive, is it on production, research, academic endeavors or all of the above?
3. Are you on RVU or collection?
4. Is it individualized, group based (you live and die by your group), or some combination of it (and if so, what percentage split?)
I am looking for ideas on how to best motivate, yet not cannibalize eachother. Also, I am sure there will be interesting points raised that I did not think about so chime away!
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