20 Statistics on Physician Compensation and Incentive Offers

Merritt Hawkins' has comprised 20 statistics on percentages most commonly offered to physicians in employment offers in their 2010 Review of Physician Recruiting Incentives. These apply to hospital employed physician contracts.

The 2010 Review is based on the 2,813 permanent physician search and advance allied professional search assignments between April 1, 2009 and March 31, 2010. Here are some of the statistics:

Type of Incentive Offered

• Salary: 12%


• Salary with bonus: 74%


• Income guarantee: 13%

Type of Income Guarantee Offered

• Net collections guarantee: 88%


• Gross collections guarantee: 12%

Term of Income Guarantee Offered

• One year: 55%


• Two years: 36%


• Three years: 9%

Signing Bonus: popularity and amount

• Signing bonus offered: 76%


• Signing bonus not offered: 24%


• Average amount of signing bonus: $22,915

CME: Popularity and Amount

• CME offered: 93%


• CME not offered: 7%


• Average amount of CME pay: $3,335

Other Benefits Offered

• Health insurance: 98%


• Malpractice: 99%


• Retirement: 90%

Read the full article at Becker's Hospital Review, or click here:

http://www.beckershospitalreview.com/compensation-issues/attracting-top-talent-20-statistics-on-income-guarantee-and-other-incentives-offered-to-recruited-physicians.html