Guaranteed Salaries: Pros & Cons for Attending Physicians
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Guaranteed Salaries: Pros & Cons for Attending Physicians
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About this listen
While a guaranteed salary can provide much-needed financial stability as you transition into your new role, there are important factors to consider before signing on the dotted line. Some highlights from the episode:
The benefits & drawbacks of guaranteed salaries (including financial security and time to build your patient panel)
Key considerations regarding time commitments and the potential consequences of leaving early
The importance of understanding your income expectations and patient volume requirements once the guarantee period ends
Tax implications, especially if your guaranteed salary is structured as a forgivable loan, and how to prepare for potential tax bills
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