During a recent interview for a part-time position in a private practice, I was asked for an hourly rate. What would be an appropriate hourly or per diem rate for a part time pathologist? Also, other than malpractice, there will be no other benefits.
hourly rate for part time pathologist
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I have no real idea but would suggest at least $120 an hour. And that would be a low ball number (equates to about $250k for the year at 40 hrs/week). They should probably pay more, like $160 or more, because there are no benefits they have to pay.
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You should really try to find some people who do this regularly in your area and with a similar fellowship background, even if they've been out for a while. If your ONLY income is part-time private, you really need to look at the numbers. In addition to the benefits issue you need to pay taxes -- most employers take that out for you, but if you're working as a contract employee they may leave it up to you. And you need to have an idea how many hours per week you'll be working, how many cases, etc. If you're only working 10 hrs/wk then $120/hr isn't going to look very good after taxes, health care, dental, bills, loans, and retirement planning. On the other hand, you're interviewing for a part-time job, presumably early in the career, so you can't expect the "typical" income of someone on annual full-time salary.
Nevertheless, I would aim higher and be open to negotiation.
Nevertheless, I would aim higher and be open to negotiation.
Thanks for the feedback. I have only interviewed at full time positions thus far, and wasn't sure about what to ask for part-time work. This position opened up in my geographic location, so I wouldn't have to move my family. Position is part-time (25-30 hours per week) and could become full time within a year if I wanted.
I think a more resonable way to look at this would be compensation to total RVUs (certain people may get minimal work done in terms of an hour while others may get much more done)
According to MGMA data:
Pathologist anatomic and clinical compensation to total RVUs Ratio (CMS RBRVS Method) (TC Excluded) was:
Mean: $35.80
Median: $28.72
25%tile:$19.89
75%tile:$55.21
90% tile: $65.23
To everyone here, educate yourself on :
(a) how to negotiate a contract
(b) learn the latest figures for pathologist compensation from AMGA and MGMA surveys.
(c) be clear and uncompromising in your professional objectives.
Underneath all the niceness of the business world (including the business of medicine), this is a "dog eat dog world" (has been and will always be)because the number of greedy, selfish and weak people (aka scum) that inhabit this planet far outnumbers people with strength, honour, integrity and values.
According to MGMA data:
Pathologist anatomic and clinical compensation to total RVUs Ratio (CMS RBRVS Method) (TC Excluded) was:
Mean: $35.80
Median: $28.72
25%tile:$19.89
75%tile:$55.21
90% tile: $65.23
To everyone here, educate yourself on :
(a) how to negotiate a contract
(b) learn the latest figures for pathologist compensation from AMGA and MGMA surveys.
(c) be clear and uncompromising in your professional objectives.
Underneath all the niceness of the business world (including the business of medicine), this is a "dog eat dog world" (has been and will always be)because the number of greedy, selfish and weak people (aka scum) that inhabit this planet far outnumbers people with strength, honour, integrity and values.
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What do those numbers mean?
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they dont mean anything. The hourly rate as someone mentioned is about 150.
BUT You are likely to get less for routine, regular or extended periods ie- a set amount like 3500 for week blah blah...etc.
BUT You are likely to get less for routine, regular or extended periods ie- a set amount like 3500 for week blah blah...etc.
Compensation/wRVUs= 35.80 (median)
Compensation= 35.80 x wRVUs
Now if you know how much workload you will handle in your part time position (no. of wRVUs-measure of clinical productivity e.g. 1 biopsy sign-out has a wRVU of approximately 0.80 or so).
Hence ask the employer to give you an estmate of the wRVUs per day expecpected (all semidecent practices have these figures), per month or per year and you can give an estimate of total compensation you expect.
Lets say you have 10,000 wRVUS/year.
A median compensation would be 35.80x10,000= $358,000
Lets say you have 100 wRVUs/day in your part time job.
A median compensation would be 35.80x 100= $3,580
Ofcourse, *****/loser/lowlife employers will try to low ball you as much as possible, so that they can have more money at your expense so they can go and do nonsense stuff (aka play golf).
Buy the latest MGMA or AMGA survey and get in the ring with the scum and be ready to make it bloody.
Compensation= 35.80 x wRVUs
Now if you know how much workload you will handle in your part time position (no. of wRVUs-measure of clinical productivity e.g. 1 biopsy sign-out has a wRVU of approximately 0.80 or so).
Hence ask the employer to give you an estmate of the wRVUs per day expecpected (all semidecent practices have these figures), per month or per year and you can give an estimate of total compensation you expect.
Lets say you have 10,000 wRVUS/year.
A median compensation would be 35.80x10,000= $358,000
Lets say you have 100 wRVUs/day in your part time job.
A median compensation would be 35.80x 100= $3,580
Ofcourse, *****/loser/lowlife employers will try to low ball you as much as possible, so that they can have more money at your expense so they can go and do nonsense stuff (aka play golf).
Buy the latest MGMA or AMGA survey and get in the ring with the scum and be ready to make it bloody.
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I notice there has been a lot of reference to c--ksu--ing and su--ing co--s lately in your threads.
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I love it. Demand 3,500 a day for part time work! That is like 350 an hour. Now that's a plan!
If I was a *****/loser/c-sucker employer, I would tell you go to F your self long and hard while I go suck more c (aka play golf).
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It you are a level 100 warlock and can bang a seven gram rock.
Money in pathology is probably going to dwindle further. If ones want to become a multimillionaire many times over, one has to learn another more profitable business (while keeping the steady stream of income from pathology). In the internet age, the opportunities of making such money are limitless as long as one has the entrepreneurial spirit.
The ultimate aim in life should be to be ones own boss.
The ultimate aim in life should be to be ones own boss.
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That is so Bi-Winning!!!!!
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It would help to know what the full time rate for a pathologist in your area is. I've spoken to recruiters for locums position. The salary ranges have been from $75-100 / hr. Some will also offer housing & travel expenses on top of that. They'll cover your malpractice.
Keep in mind that if you make $800 / day ($100 / hr), it equates to about $200K / yr if you're working full time. In my area, that would be considered pretty good for a young pathologist.
----- Antony
Keep in mind that if you make $800 / day ($100 / hr), it equates to about $200K / yr if you're working full time. In my area, that would be considered pretty good for a young pathologist.
----- Antony
