Financial Residency

Coffee & Contracts - 75/25 academic split - how detailed?

10.18.2023 - By Financial Residency NetworkPlay

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Jon from Contract Diagnostics discusses the allocation of time in academic job contracts. He explains that academic contracts often include percentages to outline the distribution of time between clinical work, research, administrative tasks, and education. Jon recommends that the contract should clearly define the percentages and provide detailed information about what each percentage entails. For example, if 75% of the time is allocated for clinical work, it should be specified whether this refers to a certain number of days or sessions per week.  Similarly, if 25% is for research or administrative tasks, it is important to clarify the nature of the work and any specific requirements or commitments. Jon advises job seekers to thoroughly understand the compensation structure and incentive plans as well.  He suggests asking relevant questions to the employer to ensure clarity and align expectations. Jon invites viewers to reach out to Contract Diagnostics for further assistance or information. If you have questions or need assistance, Contract Diagnostics can help analyze your situation and provide guidance. LINKS:  www.ContractDiagnostics.com

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