Evaluate your offers

SELECT THE OPPORTUNITY THAT’S THE BEST FIT, AND ACCEPT THE OFFER

Because you only went on interviews at places that were a fit for you, it’s possible that you will receive several offers, and it won’t be as easy as you think to decide which one is right for you. There are several steps you can take to make this decision easier, but don’t ignore those gut feelings you and your spouse will have.

When analyzing job opportunities and offers, remove money from the equation until you know it’s a place where you’d be happy to live.

If the only good thing about an opportunity is the money, that’s probably a place you’ll be leaving within a couple years. What an exciting day when you have done your due diligence, all the stars align, and the phone rings: It’s your dream job, and they are extending an offer for you to join their practice!

Technically, this is a contingent offer because it’s contingent upon the contract being worked out and your getting licensed, credentialed, etc. But it’s an offer nonetheless.

Also, you might not have spoken of a specific income number, but you have talked in ranges, so there are no surprises. Ask the recruiter how long you have to respond to an offer. Normally, this is a very quick step because it’s just the formality that leads to being able to view the actual employment agreement.

HOW DO THE OFFERS STACK UP?

The answers to these questions can help you decide which of your options to choose.

 

  • What was your reaction to the physicians with whom you would be working and sharing call?
  • Do they support the recruitment effort?
  • What are their personal opinions about the community?
  • What are the group’s future plans?
  • What is the philosophy of the leadership team of the group and local hospitals?
  • What is your anticipated patient load at each of the opportunities, and what are the sources?
  • How is the group regarded by other physicians who interact with it?
  • How are the offices and staff managed?
  • What, if any, administrative duties will be expected of you?
  • What are the benefits offered with the various positions?
  • What is the current real estate market like in the communities you’re considering?
  • Are the available schools and extracurricular offerings good fits for your family?

HELPFUL ONLINE ARTICLES

What’s in a compensation package?

 Revenue and RVUs 

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