RETINA SALARY QUESTION

[eyestar]

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Hi
Does anyone know what the starting salary is for someone completing surgical retina fellowship in big cities like LA, chicago?
Thanks

 

[Bgladney]

$200-250K range

 

[Light]

Agreed, maybe a small bonus in the 10% range on top of that base.

 

[rib50]

There are a few jobs posted at merritthawkins.com, and the income potentials are over $700K. Could this be real?

 

[Bgladney]

I would say that potentially in a few years. Not many positions if any are going to get you to that level the first year.

I do represent a practice that is offering a first year guarantee in the $350-400K range. However, the location is not a desirable one. Hence they are offering more for someone.

 

[Dusn]

There are a few jobs posted at merritthawkins.com, and the income potentials are over $700K. Could this be real?

If you can see 80+ patients per day...

 

[JMK2005]

I would say that potentially in a few years. Not many positions if any are going to get you to that level the first year.

I do represent a practice that is offering a first year guarantee in the $350-400K range. However, the location is not a desirable one. Hence they are offering more for someone.

In this situation where the first year guarantee is high, what would typically be the salary structure for years 2 and 3?

 

[Bgladney]

The guarantee will be about the same...not much more. After the second year, you should be on a straight percentage of collections. Hard to say what it will be at that point but should be at least what you were getting in a guarantee.

Sometimes, that guarantee is only for the first year. You really should be generating above that after the first year anyway.