REPLAY: Money Trap #3: Getting paid less than your coworkers #375

While we’re in Ghana for the month of August, we didn’t want to leave you hanging so we will be running replay episodes of our top listened to episodes in the past year with a few new tidbits thrown in.  In this episode, Nii and Renée are sharing some money traps that doctors fall into with Money Trap #3: Doctors not negotiating their worth and not maximizing or diversifying their income.   Things to expect in this episode:Doctors trading time for dollars and finding that sweet spot in pay and lifestyleActive versus passive incomeRenée’s experience negotiating her contract vs. using an attorneyMedscape Study shows that burnout among physicians is up 47%Health Affairs study shows a significant gender pay gap between female and male physiciansThis episode is sponsored by Set for Life Insurance. What the Darkos use for great disability insurance at a low cost! Check them out at www.setforlifeinsurance.com

This episode is sponsored by Healthy Conversations by CVS Health hosted by Dr. Daniel Craft. Check it out on Apple Podcasts, Spotify and wherever you get your podcasts and tell them I sent you!

Links Mentioned:  Episode 170 - Dr. X Files #2 – I became a martyr for medicine and my career Episode 293 - Women physicians make $2 Million less than male physicians?!

Studies Talked About:

Female Physicians Earn An Estimated $2 Million Less Than Male Physicians Over A Simulated 40-Year Career

AAMC 2021: Exploring Faculty Salary Equity art U.S. Medical Schools by Gender and Race/Ethnicity

Comparison of Hospital Mortality & Readmission Rates for Medicare Patients Treated by Male vs Female Physicians Join our community: Text word PODCAST to 833-230-2860 Twitter: @drniidarko Instagram: @docsoutsidethebox Email: [email protected] Podcasting Course: www.docswhopodcast.com Merch: https://docs-outside-the-box.creator-spring.com

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