I’m currently negotiating for an employed position with a health system. I would be the only subspecialist of my type and they are are highly motivated to add this “service line”. I happen to be friends with the previous doc in this position. She shared with me her previous comp model which was more favorable than mine. They changed the overall comp structure about a year ago. Is it kosher to use this knowledge to my advantage in this negotiation?
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How does the current comp plan compare to industry standards in your specialty? MGMA, AMGA, etc.
Also important are any restrictive covenants, non-solicitation clauses (patients and employees), termination policies, ownership of intellectual property, etc. (Our place is now adding a non-disparagement clause. ************************, I'd be fired before the ink dried if I sign the new contract!)
And don't overlook other financial benefits - retirement, healthcare, deferred comp plans, vacation, CME allowance, etc.
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It’s a question because the comp model has changed system-wide. I’m guessing this will be the response.
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Yes but that has nothing to do with you using the information to negotiate.
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I’m currently negotiating for an employed position with a health system. I would be the only subspecialist of my type and they are are highly motivated to add this “service line”. I happen to be friends with the previous doc in this position. She shared with me her previous comp model which was more favorable than mine. They changed the overall comp structure about a year ago. Is it kosher to use this knowledge to my advantage in this negotiation?
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OMG
Gotta love doctors!
OF COURSE! You should be asking and getting more than your friend got.
You don't get what you want, or what is fair, or what you deserve, or what is standard. You get what you negotiate!
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