Road to partner

[MD13]

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Sounds like the way that a lot of EM groups work is that they hire EM docs as associates and eventually promote them to partner which comes with a pay raise etc.

Is this typically based on seniority within the group? Ie after x number of years you become partner.. If so, what is typical for the length of time u are in a group before making partner?

Also does this system tend to prevent EM docs from moving around since they would essentially have to "start over" with the new group?

I would assume that more senior members also get their pick of shifts first..is this typically how it's done?

Thanks!!

 

[TeamZissou]

I think there were some informative posts in the "EM Physicians Budget"

 

[The White Coat Investor]

Sounds like the way that a lot of EM groups work is that they hire EM docs as associates and eventually promote them to partner which comes with a pay raise etc.

Is this typically based on seniority within the group? Ie after x number of years you become partner.. If so, what is typical for the length of time u are in a group before making partner?

Also does this system tend to prevent EM docs from moving around since they would essentially have to "start over" with the new group?

I would assume that more senior members also get their pick of shifts first..is this typically how it's done?

Thanks!!

Yes, it discourages moving.

All jobs are not like this. Many are employee jobs or jobs where making partner doesn't mean much. Or worse, jobs where one or two docs "own the contract" and milk the other docs for part of their earnings.

But a good small democratic group only hires people they want to eventually make partner, and, barring any strange personality quirks or serious competence issues, will make you partner at either 2 or 3 years.

 

[spyderdoc]

Our's is a small (14 doc) single hospital democratic group. Our partnership track is basically 6 overnight shifts/mo (goes to about 1/mo after partnership since we have a guy that just wants to do overnights). There is a financial "buy-in" of a percentage of earnings that decreases every 6 mos during the 2-yrs. At 2 yrs, you are elected partner. We tend to hire carefully, usually people that are known by someone in the group. We have never hired with the intention of chewing up and spitting them out before partnership.....We have essentially zero turnover, other than a couple of part-timers that have come and gone.

If you intend to move around a lot, many places hire per-diem/part time workers, with no benefits/partnership track, so that may be a good route, since it will probably pay more $$/hr instead of benefits....

Good luck!