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Other Added - You've Been Hired! 5 Reasons Young Doctors Lose Money on Their First Employment Contract
Many times one feels as if his/her career is not moving anywhere or is not taking a desired shape. There is may be no sight of a promotion; and as if to rub salt into your wounds, there may also appear to be people who move fast up the career ladder. This is the time that you should you realize a couple of facts as to where could you have possibly gone wrong and what should you do in order to put your career back on the fast track.Now don’t expect
3. The young doctor is afraid to make waves with his new group or hospital.
You've just been hired. "You got the job!" But, once you see the c
I arrived at Logan airport about an hour before my girlfriend’s plane from Atlanta was due in. As I wandered through the airport, I went to look at some books and magazines to kill some time. My eyes started to glaze over, as every magazine cover seemed to only be concerned with Paris Hilton’s latest escapades, or Jennifer Aniston and Brad Pitts break up. Then, a head line on one magazine caught my eye. It said:Hot Business! Pets are a $36 Billi
Do not entrust your physician employment contract to your local general practitioner. While there are some similarities to general contracts and physician contracts, you should have an attorney who has extensive experience reviewing physician contracts. There are more differences than similarities and an experienced lawyer will be able to spot them and correct them before they cause harm.
You wouldn't want a family practitioner performing coronary artery bypass surgery on you unless that physician has had years of training and fellowship in that field of medicine. The same holds true for lawyers.
2. A young doctor is money-conscious and is afraid to spend money to hire a lawyer.
The common thinking is that if they can save a few dollars by not having to pay a lawyer, then they're ahead of the game. Wrong. That's what you call 'penny-wise and pound foolish'. By spending money for a good lawyer now you will be protecting yourself for years to come knowing that you have fought for everything you can possibly get in your contract.
Remember, your contract will guide you for many years. If you make mistakes at the begining by not knowing and not being an informed consumer, you will regret it for years to come. Believe me, I've seen physicians kick themselves for not having their contracts reviewed by an experienced lawyer before signing it.
3. The young doctor is afraid to make waves with his new group or hospital.
You've just been hired. "You got the job!" But, once you see the co
How Translation Services Help You with Customer ServiceThere's a German saying that I love to quote: If I'm selling, I'll speak English, but if I'm buying, Sie mussen deutsch sprecken (you have to speak German). I like that sentence because it points out the one thing that American companies seem to get right domestically, but not internationally: customer service comes first.Here in the land of "the customer is always right," we tend to th
You wouldn't want a family practitioner performing coronary artery bypass surgery on you unless that physician has had years of training and fellowship in that field of medicine. The same holds true for lawyers.
2. A young doctor is money-conscious and is afraid to spend money to hire a lawyer.
The common thinking is that if they can save a few dollars by not having to pay a lawyer, then they're ahead of the game. Wrong. That's what you call 'penny-wise and pound foolish'. By spending money for a good lawyer now you will be protecting yourself for years to come knowing that you have fought for everything you can possibly get in your contract.
Remember, your contract will guide you for many years. If you make mistakes at the begining by not knowing and not being an informed consumer, you will regret it for years to come. Believe me, I've seen physicians kick themselves for not having their contracts reviewed by an experienced lawyer before signing it.
3. The young doctor is afraid to make waves with his new group or hospital.
You've just been hired. "You got the job!" But, once you see the c
In 1974 we left our college teaching life to return to industry so that we could support our children as they entered college. (I increased my salary substantially.) We moved to Southern California and merged into the frantic culture in the town of Valencia near Magic Mountain.In contrast to small town Iowa, Los Angeles television was a bit more exciting. Moe Howard was narrating Three Stooges episodes, an oriental-looking gentleman w
2. A young doctor is money-conscious and is afraid to spend money to hire a lawyer.
The common thinking is that if they can save a few dollars by not having to pay a lawyer, then they're ahead of the game. Wrong. That's what you call 'penny-wise and pound foolish'. By spending money for a good lawyer now you will be protecting yourself for years to come knowing that you have fought for everything you can possibly get in your contract.
Remember, your contract will guide you for many years. If you make mistakes at the begining by not knowing and not being an informed consumer, you will regret it for years to come. Believe me, I've seen physicians kick themselves for not having their contracts reviewed by an experienced lawyer before signing it.
3. The young doctor is afraid to make waves with his new group or hospital.
You've just been hired. "You got the job!" But, once you see the c
Interest in the fashion industry is on the rise, and so are the opportunities – and the competition. It is relatively easy to earn a degree in fashion design, merchandising, or fashion marketing. Each of these segments focuses on a different aspect of the fashion industry. As the fashion industry continues to grow, there is an increased need for educated and specialized staff in the fashion world. Those who have the appropriate fashion degree educatio
Remember, your contract will guide you for many years. If you make mistakes at the begining by not knowing and not being an informed consumer, you will regret it for years to come. Believe me, I've seen physicians kick themselves for not having their contracts reviewed by an experienced lawyer before signing it.
3. The young doctor is afraid to make waves with his new group or hospital.
You've just been hired. "You got the job!" But, once you see the c
Multicultural marketing mirrors the changed face of America and is getting the attention of small-business and other organizations looking for an edge in diverse ethnic markets. “Gone are the days when businesses succeed with a ‘one size fits all’ approach to marketing. It's a ‘mass market’ no longer,” insists Rhonda Albey, a diversity consultant with Allen Associates in Los Angeles, “The multicultural markets are where the opportunities are, and successf
3. The young doctor is afraid to make waves with his new group or hospital.
You've just been hired. "You got the job!" But, once you see the contract you realize that all is not rosy. However, with good counsel, you can learn to negotiate, and you can have your lawyer be the bad guy and negotiate for you.
It never hurts to say, "My lawyer felt this was inappropriate...", "My lawyer advised me to have this re-worded...", "My lawyer felt this was unfair and needs to be removed." Let your lawyer be the bad guy. Do you think the groups' lawyer is looking out for your interests? Never.
4. The group wants to give you as little as possible.
You have little to compare your contract to. All you know is that when you leave residency you'll be making a tremendous jump in salary as an attending physician. That's good, but that's only part of the equation. You need to know much more.
How do you learn more? By reading books written by attorneys who have experience in this area. Learn all you can about your contract and physician employment contracts. Have your attorney give you a crash course on contracts and negotiation. I guarantee you it'll be the best money you ever spend. An experienced lawyer should know what the going rate is for your specialty in your geographic area. He (or she) should know whether the other benefits you're getting are consistent with other competing groups. You must ask lots of questions.
5. The young doctor fai
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