True market value is easily the most critical piece of information you must have.

 

People spend more time researching the value of their next car than researching the value of their next job!

Think about how you would approach buying a new car. You check out the features and the makes and models you like (sort of like a job interview for cars) and then you prepare to bargain. The first thing you’ll look at is a market value report for vehicles, with the range of actual prices being paid for cars bought in your region. As a matter of fact, you’d be crazy to even think about buying a car without doing this research.

Unfortunately, the most common mistake of early career physicians is searching for a job without knowing the market conditions. What is an average salary package? How much is the typical student loan repayment plan? What is the expected signing bonus? How does the salary from one region of the county compare to another?

You simply cannot expect a fair employment package if you don’t have an accurate detailed market report. The information you may gather from asking around or web sources is usually significantly inaccurate due to reporting bias – Doctors inflate their reported salaries and administrators lower it in a  hope to keep costs down.

Only information from actual payment sources are accurate- and this data is only available from private sources and at high expense.  Just to get access to the data is a minimum $3000+ investment!   Physician Advocates LLC has access to many databases and can provide you with a comprehensive, high quality Market Research Report at an affordable price.   Our reports are usually 3-5 pages long and take about 3-7 days to compile depending on the specialty and region(s) you are looking at.   It’s the single best investment you can make for your future!

 

Market Value Report: Order Now!  Only$199

REQUEST A MARKET REPORT HERE!

 

Market Value Report

{Example of some of the information you will receive in your report}

  • Evaluation of the market reveal the median total compensation salary IS $ which is much less than the average salary $, suggesting there are a few highly paid earners skewing the market. For this reason, we base our salary recommendations on conservative productivity derived numbers.   Keep in mind, that there is the potential to negotiate a significantly higher salary if you believe your productivity will be high.

 

ANCHOR NUMBER  =   $

Mean10th %25th %Median75th %90th %
$$$$$$

                                                                                    

 

Recommendation:

  • Your minimal acceptable package should be: $
  • An anchor number or counter-offer of $. Start negotiations with this number. You may go higher based on their initial offer.
  • An excellent package would be between $ – $.
  • A range between $ and $ would be acceptable and fair.
  • Above $ would be a superior.

 

General Recommendations:

  •  Aim for xxxxxx in all non-salary related compensation. Accept no less than the median, unless given a comparable concession.
  • Remember to look for xxxxx and not just salary centered position based negotiations.
  • We strongly recommend having xxxxxxxxx.
  • We strongly recommend attending our mini-seminar or seminar prior to your negotiation.

 

SAMPLE BENEFITSMedian75th %
Amount of CME Paid$$
Amount of Signing Bonus$$
Amount Paid to Relocate$$
CME Weeks Paid Time Off2.002.00