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So, you are happy with your job, but you think your physician annual salary deserves a boost. Before you talk to your supervisor about it raise, keep these points in mind to increase your odds of success:
When you have your job interview, physician starting salaries aren't the first topic you should bring up. In fact, don't bring up salary at all. Let your potential employer raise the subject.
But being prepared with information about the physician average salary in your specialty will put you in a stronger position for salary negotiation, if it comes to that. A specialized physician staffing agency can help you identify physician jobs in your specialty that meet your salary requirements, so you don't waste your time looking at physician jobs listings that won't be a good fit for you.
When it is time to talk about salary, keep these points in mind to assess the financial health of the medical group:
When you are considering a possible offer for your next job, keep in mind that there is more to compensation than just your physician salary. It's important to know the average salary for a physician in your field, so you have an idea of what to expect. But remember that a job compensation package includes more than the money you make.
That doesn't mean that money doesn't matter. Recent survey results confirm that salary is the most important factor in considering a job for the majority of job seekers. But when you consider a physician job opportunity, consider other factors such as health benefits, a retirement plan, vacation, and the option to work part-time.
A specialized physician staffing agency can be helpful if you are trying to find out more about a certain physician specialty salary in a particular part of the country, and how it compares in terms of cost of living to similar physician salaries elsewhere.
If you have specific preferences for your physician annual salary, you may have some room for negotiation once you get to the job interview.
Keep these points in mind and you may be able to get what you want as part of your physician employment contract.
Whether you are actively seeking a new job, or just thinking about it, comparing the average salaries for physicians can be helpful, so you know what to expect when you are looking at job listings or when you are interviewing for jobs.
There are many online tools for physician salary comparison. For example, a general physician salary, such as that of a family physician, may range from approximately $150,000 to $200,000, according to the 2008 Physician Compensation Survey. Once you have an idea of the average salary of a physician in your specialty, consider working with a specialized physician staffing agency to help you locate the job that meets your salary requirements. Keep in mind that physician salaries vary by location and by practice type, so if you want to live in a small town, you may not need as high a salary as you would in a major metropolitan area.
When you are conducting a job search, there are times when it can help to disclose your physician salary and other times when it's better to give a physician salary range. When to do what? It depends on when a prospective employer asks.
When you apply: If a prospective employer asks for a salary history when you are applying for a job, you may be concerned that being specific will take you out of consideration for the position. In this case, you may want to give a physician salary range. To get an idea of the average salary of a physician in your specialty, use one of the many online physician salary comparison tools.
When they make an offer: If a prospective employer asks for a salary when making you an offer, it's best to be honest and disclose your previous salary, if for no other reason than the fact that the interviewer can look it up.
According to the Association of American Medical Colleges, the resident physician salary for each year of residency is as follows:
If physician salaries are important to your plans for your medical career, consider pursuing one of the higher paid medical specialties, such as urology or radiology, as opposed to choosing a career in a primary care field such as pediatrics or general medicine.
A specialized physician staffing agency can help you locate the opportunities available that meet your salary criteria, as well as your preference for location and practice type. Talk to a physician staffing consultant who knows the local employers to help you find the right fit.
|Sheri Ann Richerson|