Dr. Williams is a 30-year-old Internal Medicine residency graduate who is pursuing a career in General Internal Medicine. This physician is looking forward to equitable and appropriate compensation for their skill set. The agreed upon salary is $200,000 (USD). The contract is for two years without any bonus structure for the first two years. In addition, there is an agreed upon $15,000 moving expense allowance and $5,000/year retention bonus. This salary is three to four times what was made during residency. !
References
- Hanson M. Average medical school debt. Education Data. educationdata.org/average-medical-school-debt. Published July 10, 2021. Accessed August 15, 2021.
- State of student debt in the US, part 2. OnlineColleges.net. https://www.onlinecolleges.net/student-debt-in-the-u-s-part-2-a-brief-history-of-student-debt-in-the-united-states/. Published February 11, 2019. Accessed August 15, 2021.
- Youngclaus J, Fresne J. Physician education debt and the cost to attend medical school. https://store.aamc.org/downloadable/download/sample/sample_id/368/. Published October 2020. Accessed August 15, 2021.
- Pisaniello MS, Asahina AT, Bacchi S, et al. Effect of medical student debt on mental health, academic performance and specialty choice: a systematic review. BMJ Open 2019;9:e029980. doi: 10.1136/bmjopen-2019-029980.
- Ahmed AA, Ramey SJ, Dean MK, et al. Socioeconomic factors associated with burnout among oncology trainees. JCO Oncol Pract. 2020 Apr;16(4):e415-e424.
Issue
Topic
Health Policy & Advocacy, Medical Education, SGIM, Social Determinants of Health, Vulnerable Populations, Wellness
Author Descriptions
Dr. Walsh (dawalsh@augusta.edu) is an associate professor and division chief of Hospital Medicine at the Medical College of Georgia at Augusta University. Dr. Schreiner (schrein@musc.edu) is an associate professor in the Division of General Internal Medicine at the Medical University of South Carolina.
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