Employment Contracts

Getting your contract reviewed by an expert in physician employment agreements is the best way to protect yourself. Since 50% of new physicians leave their employer in the first three years and 60% in the first five years, what your contract says about terminating the contract can dictate what your experience will be when you leave.

 

For example, you might be offered a signing bonus, guaranteed income for a defined period, a loan forgiveness plan, pension plans and/or retirement contributions and profit shaing plans, all of which are valuable options. But, if you voluntarily terminate a contract early or you get terminated, the unearned amount may get triggered forcing you to write a check for $20,000, $50,000 or more.

 

Contact us today to find out how we can assist you and get access to our network of physician contract experts. Contact Us