Protect Your Career: Avoid Common Contract Mistakes with Resolve and MSSNY
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Physician employment contracts are not just legal documents; they shape your work-life balance, financial security, and career satisfaction. Yet, many physicians—especially those entering their first positions—fall into common traps that could have been avoided. From failing to negotiate terms around salary, call schedules, and vacation time, to overlooking restrictive noncompete clauses that can limit your future career moves, contract missteps can have long-term consequences. Even details like malpractice insurance rates and repayment clauses for signing bonuses are often overlooked but can result in financial strain later on.
Negotiating a contract isn’t just about the money; it’s about ensuring your job conditions align with your professional and personal goals. Experts emphasize the importance of understanding compensation structures, including hidden income sources like CME reimbursements and on-call stipends, and ensuring you’re not locked into restrictive clauses that could harm your career. Protecting intellectual property, understanding exit strategies, and clarifying your rights are crucial elements that should never be overlooked.
MSSNY’s member-exclusive partnership with Resolve offers invaluable support for navigating these complexities. With free resources like salary data and contract scorecards, along with discounted contract review services by experienced attorneys, you can confidently negotiate terms that protect your interests. Visit Resolve today to maximize your career potential and secure a contract that reflects your worth.
8 Careless Errors Physicians Make With Employment Contracts (Pajer, Medscape, 11/6).
