{"id":1659,"date":"2022-05-30T09:04:20","date_gmt":"2022-05-30T09:04:20","guid":{"rendered":"https:\/\/www.unitedfinances.com\/blog\/?p=1659"},"modified":"2022-05-30T09:04:20","modified_gmt":"2022-05-30T09:04:20","slug":"top-5-tips-for-doctors-reviewing-a-job-offer-contract","status":"publish","type":"post","link":"https:\/\/www.unitedfinances.com\/blog\/top-5-tips-for-doctors-reviewing-a-job-offer-contract\/","title":{"rendered":"Top 5 Tips for Doctors Reviewing a Job Offer Contract"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1661\" src=\"https:\/\/www.unitedfinances.com\/blog\/wp-content\/uploads\/2022\/05\/man-g36bc9d30c_640.jpg\" alt=\"\" width=\"640\" height=\"427\" srcset=\"https:\/\/www.unitedfinances.com\/blog\/wp-content\/uploads\/2022\/05\/man-g36bc9d30c_640.jpg 640w, https:\/\/www.unitedfinances.com\/blog\/wp-content\/uploads\/2022\/05\/man-g36bc9d30c_640-300x200.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Contracts are legal-speak; they are sometimes hard to understand. As such, some doctors may<\/span><a href=\"https:\/\/physiciansthrive.com\/contract-review\/physician-contract-lawyer\/\"> <span style=\"font-weight: 400;\">hire a physician contract lawyer<\/span><\/a><span style=\"font-weight: 400;\"> just so they guarantee that the contract is favorable.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can do the same, but we have some advice for you. Today, we will show you several tips n how to review a job offer contract.\u00a0\u00a0\u00a0<\/span><\/p>\n<h2><b>1. Compensation<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The first thing you must review is the compensation. There must be a part of the document that says how much you will earn. The compensation part is what you need to know because it can help you in<\/span><a href=\"http:\/\/www.unitedfinances.com\/blog\/\"> <span style=\"font-weight: 400;\">managing your personal finance<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>The compensation part of the document must:<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tell you how much you earn<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Indicate how often you will get paid<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Show the amount in figures and what currency<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">If the compensation package is different from what you have been told during the interview, feel free to ask the company representatives to change it.\u00a0<\/span><\/p>\n<h2><b>2. Obligation<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Review the part of your contract that stipulates your job. Are you signing for a night shift? Is it a 12-hour job?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Many hospitals do not put details around this area because as a physician, you are expected to be on call. If there is anything you want to clarify, do it now before signing. What really matters is that you understand what is expected of you.\u00a0\u00a0<\/span><\/p>\n<h2><b>3. Benefits<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Benefits refer to your sick leaves, vacation leaves, and other benefits that you can get as an employee. Most of these are already mandated by the law.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some companies may give you stock options, profit sharing, etc. Take note of whether or not these benefits fall within your legal rights or if they are privileges. As a physician and employee, there surely are benefits mandated by the government that your employer cannot skip.\u00a0<\/span><\/p>\n<h2><b>4. Insurance<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Doctors need insurance policies, too. This type of insurance does not have to be life insurance but rather something that will protect you from lawsuits.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If there is no insurance in your compensation package, you might as well ask for it. Hospitals must offer you general liability insurance, along with disability insurance policies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sadly, if the hospital\u2019s stance on this is that you must pay for this insurance out of your pocket, then you really have no choice.<\/span><\/p>\n<h2><b>5. Security<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The last thing you must look for is the security of tenure. Does the hospital employ at will? Do you have to go through a probation period?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sometimes, this policy is not in the contract but in the company handbook. What matters, really, is that the contract must stipulate that you are a full-time or regular employee, not a contractual worker who will only work there for a\u00a0 few months.\u00a0\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1660\" src=\"https:\/\/www.unitedfinances.com\/blog\/wp-content\/uploads\/2022\/05\/dentist-g822c91b2e_640.jpg\" alt=\"\" width=\"640\" height=\"425\" srcset=\"https:\/\/www.unitedfinances.com\/blog\/wp-content\/uploads\/2022\/05\/dentist-g822c91b2e_640.jpg 640w, https:\/\/www.unitedfinances.com\/blog\/wp-content\/uploads\/2022\/05\/dentist-g822c91b2e_640-300x199.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/p>\n<h2><b>Summary<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Be patient when reviewing a job offer. It is an exciting time in our life, but then you need to guarantee that you are entering a contract that is favorable to you.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If there is anything about the contract that you do not understand, consult a contract lawyer, or ask the leaders of the company for some time to discuss your concerns. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Contracts are legal-speak; they are sometimes hard to understand. As such, some doctors may hire a physician contract lawyer just so they guarantee that the contract is favorable. You can do the same, but we have some advice for you. Today, we will show you several tips n how to review a job offer contract.\u00a0\u00a0\u00a0 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.unitedfinances.com\/blog\/top-5-tips-for-doctors-reviewing-a-job-offer-contract\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Top 5 Tips for Doctors Reviewing a Job Offer Contract&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/posts\/1659"}],"collection":[{"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/comments?post=1659"}],"version-history":[{"count":1,"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/posts\/1659\/revisions"}],"predecessor-version":[{"id":1662,"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/posts\/1659\/revisions\/1662"}],"wp:attachment":[{"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/media?parent=1659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/categories?post=1659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.unitedfinances.com\/blog\/wp-json\/wp\/v2\/tags?post=1659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}