Jul 18, 2022

Beyond the Salary – Intangible Benefits for Family Medicine Physicians to Consider

When looking at changing practices, financial compensation is often one of the first things to be compared. It’s easy and quantifiable. 

As you evaluate and compare different opportunities, though, it’s helpful to look beyond the compensation package to see how the less tangible benefits fit into your goals. While many of these benefits are often overshadowed by the compensation package a practice is offering, they are no less important to consider when evaluating a potential associateship opportunity.

Here are a few factors that family medicine physicians should weigh into their decision:

Long-term growth: Is your ultimate career goal to become a partner, or to even own a practice? What kind of long-term ownership trajectory does this new position offer?

Professional development: Does the position allow you to expand your skills? How challenging is the current or projected patient load? Does the practice cover or at least contribute to CE courses?

Community: Are you working with a population that will profoundly benefit from the skills you have to offer? 

Autonomy: Are you working with a practice that will give you time to seek the work/life balance you prefer? 

Synergy: Will you be part of a team that values collaboration and will help you grow professionally? Does the practice’s treatment philosophy align with your own? Will your new coworkers ultimately help you become a better care provider?

Place: Is the location near family or interests essential to your professional happiness? What is the condition of the local housing market? Does your daily commute to and from work fit with your ideal work/life balance?

If you’re looking for a new opportunity, contact us today. We talk to practices all across the country each and every day and may have an ideal fit for your professional goals.


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