Relax... You've Come To The Right Place
Your post-residency employment is the largest financial and professional decision of your life, ultimately worth millions of dollars. It's important to get it right.
MedAccord may be the strongest investment you will ever make.
MedAccord: A team of attorneys, accountants, career search and benefits advisors. Working for the "thumbs up" for you to sign a physician employment contract.
You: A physician employee, either preparing to leave training or making a mid-career move.
Fundamentals
Based upon our years of experience, MedAccord will carefully coach you with three fundamental principles.
First, you should choose your position rather than simply being chosen. That means searching widely and having alternatives to chose between, rather than passively taking any offer that comes your way.
Second, you should analyze the offers you receive. We will carefully “score” (1) the financial details (2) the chances of your loving your work over time (3) your chances of career security.
Third, your contract(s) and potential employer(s) need careful analysis. You don’t need to say “yes” to anything and everything. We definitely can help you avoid serious, even tragic, pitfalls.
Financial Details – What’s The Score?
A difference of as little as $50,000 per year in income and benefits, over 20 years, is worth $1 million. Because actual practices usually have even greater variations, picking the right practice literally is worth $ millions.
MedAccord can prepare a financial “score” of your competing offers. We will analyze the financial statements of the practice; the adequacy of your salary, benefits, and perks; the buy-in cost; liability risks; and legal traps imbedded in the contract.
Financially, you will be able to compare apples with apples instead of oranges. We will help you identify career “lemons” otherwise hard to spot. And potentially negotiate difficult spots. And know the often huge financial differences between your offers.
Enjoying Work – What Are The Chances?
MedAccord will analyze whether the employer is providing the real details of the relationship in an apparently friendly, open, honest manner, and whether the employer’s long-term plan for you seems to make sense.
MedAccord will analyze and potentially negotiate whether the descriptions of your duties, and the way the employer intends to manage your career seem a recipe for success or failure.
Career Security - What Are The Prospects?
Pick the wrong place, and you may be unemployable for a long period, and never fully recover. It happens… ask your colleagues for horror stories they have heard, such stories abound.
MedAccord will analyze and potentially negotiate the career security of the position; the fairness of the termination procedures; and the punishment the employer can take against you if you are terminated.
Details Matter
Your contract is simply a document that describes a relationship. MedAccord studies the whole situation. What’s in the contract. What’s not, but which can irreparably harm you. Especially the tricks and traps for the unwary. And other key details.
Setting A Tone
If you, personally, try to ask the questions, how will you know what to ask and how? You would be attempting to perform career surgery on yourself, not knowing the procedures and usual complications.
MedAccord believes in cordial negotiation, which takes time and trust with the employer. We are not hardball negotiators, but rather, patient, friendly questioners who create trust and friendly, win/win success. For a hopefully life-long career.