Congrats on that big girl job!
POV: You’re a senior resident negotiating your first attending contract…
Suddenly you're googling RVUs, tail coverage, and how not to get locked into a non-compete clause for 3 states and 5 years.
Med school taught us how to manage eclampsia—not employment contracts.
So here’s your reminder:
Know your RVU rate
Ask about tail coverage
Watch for non-competes
Negotiate your sign-on and relocation
And ALWAYS get it in writing.
What’s one thing you wish you’d known before signing your first job offer?
Let’s help the next class avoid rookie mistakes.
#SeniorResident #PhysicianContracts #DoctorLife #LifeAfterResidency #RVUsExplained
Negotiating your first attending contract as a senior resident can be daunting, but being well-prepared is vital. Understanding RVUs (Relative Value Units) will help you evaluate compensation effectively. RVUs are a key component of reimbursement for services; knowing your rate can maximize your earnings. Always inquire about tail coverage, which protects you against potential claims after leaving a practice, ensuring you're financially secure when transitioning between jobs. Pay attention to non-compete clauses, as these can limit your ability to practice in certain areas, often making it difficult to switch jobs without significant restrictions—a common pitfall for new physicians. Additionally, don’t shy away from negotiating your sign-on bonus and relocation assistance. Many employers are flexible and expect some negotiation. Finally, always ensure that any agreements are put in writing to protect yourself and create a clear understanding of your employment terms. Involving a legal professional who specializes in medical contracts can also provide invaluable support. Empower yourself with knowledge to protect your future career when stepping into the working world!