For most physicians, signing an employment contract is the first major step toward reaching their financial goals. The dramatic increase from a trainee's compensation to that of an attending opens up new doors, allowing physicians to truly start paying off debt and investing.
Further optimizing an employment contract for higher compensation and career longevity from the start will provide the stable income needed to reach financial goals quickly and prevent burnout.
Dr. Jim Dahle of The White Coat Investor joins Resolve CEO and attorney, Kyle Claussen, to discuss physician finances, contracts, and more, including:
Dr. Dahle's background and The White Coat Investor's missionWhat financial planning means for physicians and how contracts factor inThe importance of knowing fair compensation based on specialty and locationHow working as a W2 employee compares to being a 1099 independent contractorOptimizing a contract for burnout prevention and career longevityThe shift of physicians from private practice to employed settingsHow physicians can discover their worth and advocate for themselvesAbout The Review Podcast by Resolve
The business of medicine is constantly changing. The Review Podcast by Resolve discusses current contract issues for physicians, compensation trends and tips for a successful career. Every physician's contract and career is different, and nothing in this episode should be considered legal advice. If you have specific questions about your career, please consult with an attorney.
Listen to more episodes at https://podcast.resolve.com/
Learn more about Resolve at https://www.resolve.com/