Quote:
Originally Posted by jonwill
Agreed. I think most DPM salary studies (including the one cited) look at your guaranteed base. It generally doesn't include your bonus structure for production. 65-85K isn't horrible for a base and one could clean up with production bonuses because a lower base salary generally means a lower bench mark for bonusing. There was like 50K difference in my first year base and what I made in my first year. Students often misunderstand this stuff.
|
Thanks for this insight jonwill. As I understand it, practices hire this way to minimize the significant financial risk they are taking by hiring a new associate. This is evidenced by the fact that if you survive your 1st year as an associate your base salary usually takes a healthy jump.
And to think the OP might be quitting school over this misunderstanding