Episode Details
Back to EpisodesEpisode 113: Transitioning from Guaranteed Salary to Compensation Based on Productivity
Description
Depending on your job situation, there’s a good chance that at some point, you may switch from a guaranteed salary to being paid based on your productivity. The productivity may be based on Revenue Value Units/RVUs or collections. Many people, and probably more so trainees looking at their first position post medical training, focus on the salary offered. If you plan on being at the job for more than 2 years, you’ll want to look ahead at what your compensation will be like and how it may change. In this episode, I talk about things to consider whether you’ve already started your job or are looking at new jobs.
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Dr. Elisa Chiang is a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching .
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