Help with starting salary vs residency?

[GSMOMOD]

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I am graduating this May and have applied to a couple of residencies as well as jobs in my area (Piedmont, NC- Greensboro, Winston Salem, High Point, etc). I have received one job offer at a private practice that I love. I'm looking for unbiased starting salary expectations. The practice is open 4.5 days per week and I will be working 4. I have to decide what to do in the next few weeks since the match date for residencies is March 1. Also what should I expect to be a reasonable non-compete agreement?

 

[q1we3]

Congrats on landing the job! Most ODs here will tell you to take whatever is being offered.

 

[Meibomian SxN]

I am graduating this May and have applied to a couple of residencies as well as jobs in my area (Piedmont, NC- Greensboro, Winston Salem, High Point, etc). I have received one job offer at a private practice that I love. I'm looking for unbiased starting salary expectations. The practice is open 4.5 days per week and I will be working 4. I have to decide what to do in the next few weeks since the match date for residencies is March 1. Also what should I expect to be a reasonable non-compete agreement?

Given the area and if you look good on paper, I would guess somewhere around $80-85K.

 

[optsuker]

If it's a position you could picture yourself in for the long-term, I'd bypass the residency route unless you could contract to arrive a year later with them holding the position for you. Even then, why wait?

I started my associates at $400/day (4 days) with full benefits plus incentive pay for performance (has been about $15-20K/year). Non-competes aren't a big issue since an unreasonable one won't hold up. Assume it will include not working at any of the nearest 10-15 practices.

*I had 25 OD's apply last time I hired an associate (and that was before the new optometrist mills opened!