There are VERY good points in this thread. I'll use my job as an example. I'm on the low end of hourly rate for the southeast (SW Florida), but on a similar scale for my region. I joined a democratic group that owns several urgent care centers, a concierge private family practice, and staffs the two biggest hospitals in Naples. I am on the partnership track to owner equity in 2 years. My base hourly rate right now is $105, then increases over the next two years to a base of $126. This excludes my benefit package, which includes nearly $50k per year into a tax-deferred retirement fund, employee profit sharing bonus. I do not work nights. I have been on the same steady, regular schedule for the past four months (since I started) and am very well rested (except for the cold keeping me awake tonight). I see less than 2 patients per hour and have no pressure to crank through numbers. Ironically, I'm one of the top producers in my goup for this quarter and am making a bonus on top of my salary.
What does this mean? I get paid $15k per year less right now than the hospital up the street, but I don't work nights. I have every day off to relax, no lost days due to sleep catchup and waste. To me, this is well worth $15k per year.
In 18 months I will earn a base salary of $218,000 per year, get a bonus of $20k per year, my retirement and profit sharing $50k per year, plus my benefits for a total package of around $350k per year. In addition, I will be eligible for partership and profit sharing, which will give me 1/12th of the total revenue for the group (corporation) profits. This can range from $50k-150k per year per partner, and as the group expands its urgent care business and other opportunities (HD center, Medical offices for rent, etc) the profits will continue to increase, but the number of partners will stay the same.
I work 1840 hours per year for the first two years (but see less than 2 pph - not hard work), and this gets reduced to 1700 per year after 2 years.
For me, the true benefit is that I didn't go directly from residency salary to top-tier salary. I didn't buy a huge million-dollar home, and I'm VERY comfortable with my lifestyle on my $200k base salary right now. I'm also secure knowing this is the "worst case" scenario within this group. My mortgage payment stays the same, but my salary continually (and predictably) goes up.
Long post, but trust me - there is MUCH more than starting in a high-paying job. Look five years down the road and try to find the fit.