Oh, I'm cognizant.
The alternative is get divorced from wife on career track at university where they do her specific kind of research and no where else
or drive hours every day one way for a job higher paying. My satisfaction would be so, so much lower with an extra 3 hr drive for a job that pays (and I know this for fact and was offered) 240/hr in a more rural area.
So it's not really about loving the area, it's loving the wife.The local CMG (TH) I can also join is 180/hr and honestly looked kinda...meh. If I stay with this group for a decade or more and it miraculously doesn't get bought out and no partnership snafus it will work out in long run....or so I tell myself.
Sorry, didn't meant to threadjack this topic and make it all about me. Again I am, I suppose, in the minority.
You are an MD and have to be reasonable smart. I also understand that everyone has their own situation that no one can judge.
But this SDG setup is worse than any CMG or SDG I have ever seen. I was in a SDG that was completely democratic and let me just share our setup.
1. Everyone shared the same nights, weekends holidays
2. Partners made about 40K extra in profit sharing at the end of the year
3. Everyone got about a 10K bonus at the end of the year
4. Everyone had the same Pay scale and structure
5. This is one of the hardest market to get a job and have a long list of docs waiting to enter
6. When I was hired on, they hired just ONE doctor for the whole year. No one ever leaves.
7. Buy in after 2 years was 100K. Thus you made your money back in alittle more than 2 yrs.
I can tell you that our partners would NEVER vote to change this structure to suck more $$$ out of new partners or have a set up where we could easily "screw" our pre-partners.
The way the partners has set this buy in up, it tells me alot about their character with the way they treat pre-partners.
I could not sleep well at night if we were taken over and these doctors have a 200K+ in debt that the partners are sharing.