You’ve been offered a contract. In many cases, the initial contract is a standard document with some wiggle room. Remember, you’ll have to live with the conditions of this contract for a long time, so it is essential to understand the offer in its entirety.
Start by reviewing the general terms of the agreement. You probably have a good idea of the salary being offered, the position, and the insurances from previous correspondence, but the devil can indeed be in the details. A legal review is a prudent investment at this point as it can help identify areas of ambiguity before the final contract is written. You may also want to have a colleague or mentor review the document before proceeding. Here are a few things to keep in mind as you read through the contract:
Make a note of any areas of discrepancy based on previous conversations
Often, something that may have been verbally mentioned during initial interviews is not included in the contract. This shouldn’t be an automatic red flag. Sometimes, a practice may have interviewed several clients and it could be a simple oversight, but be sure to address it upfront. So long as both parties agree that it was an oversight, it shouldn’t be considered a negotiation concession and can be easily amended.
Make a list of areas you would like to discuss.
Mentally classify the issues in order of importance to you. Justify areas where you want to see improvement. Don’t just say, “I’d like an extra week of vacation.” Who wouldn’t? It is much more compelling to present facts of the vacation time for professionals at a similar level. Your ETS representative may be able to supply you with some useful information.
Go into the meeting with a plan.
You don’t have to take over the meeting, but be sure all the areas you wish to be covered are addressed. Don’t be afraid to take notes.
Be willing to negotiate but try to stay positive and pleasant.
You are a candidate they want—that’s why you got this far.
In the end, this is an agreement between someone who is entrusting their career to a practice and a practice owner who is entrusting their reputation to you. Our experience is that these things generally work out. But don’t sign anything until you’ve read the third part of our series!
Oct 11, 2023
First in our series Family Physician Competitive Pay Online forums about compensation for family medicine doctors abound. The conversations may or may not be accura
Oct 26, 2023
The second installment in our series Family Physician Competitive Pay If you look at money alone, you’re probably going to end up with a job you hate. Let’s take a look
Apr 13, 2022
You’re in discussions with an employer for a position that looks like a great fit, and it looks like you’ll be offered a contract. However, one of the most critical
May 13, 2022
You’ve interviewed. You’ve negotiated. You’re ready to sign. Almost. There are still a few details to confirm. The first, and perhaps most obvious, step you shoul
Nov 15, 2023
The third installment in our series Family Physician Competitive Pay The phrase “competitive pay” is an invitation to negotiate. You have seen the hollow phrases of “