Many of the hospitals and large facilities we work with offer 'income guarantees' to attract the most qualified physicians for their openings. However many new resident and fellowship graduates are not familiar with what exactly an income guarantee is and how it is determined.
Typically an income guarantee is not a salary, but is more like a loan, or an advance, that is forgiven over time, to help a physician get started in his or her own private practice.
About.com has offered some insight into dissecting an income guarantee, the pros and cons. Read the full article here:
http://healthcareers.about.com/od/compensationinformation/f/IncomeGuarantee.htm
Here is also a good article from About.com comparing physician salaries/ compensation vs. population and town size. Read the article here:
http://healthcareers.about.com/od/compensationinformation/f/DocSalaryTownSz.htm
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