Oh man...I had that post written up partly on my phone and didn't realize I posted it incomplete. Let me finish it up real quick here. Starting over...
The Va system is weird. It takes a lot of number crunching to understand the differences between it and community gigs. Plus one Va is not like the other.
Hours-wise, it demands 80 hours per pay period. One shop I know does 3 12s per week and a 8hr admin time shift. The other does an 8hr ER shift. But you get 26 8hr days off per year. Plus 11 8hr federal holidays. So your 2080 hours comes down to 1784 after time off.
That's closer to 148 hrs/mo if they have you work those 8hr shifts. 140 if you get the admin time.
Pay I’ve seen is around 270k. Some starting at 300k. Per hour that’s much lower than community, but here's the math I've done.
At the VA, you get 280k/yr (split the difference and use easier numbers). Plus you get a 5% match into your TSP (401k type account) and what comes out to about a 8% contribution to your pension. Running these numbers, it comes out to about 280k/yr plus 36,400 in pre-tax benefits. Depending on your state you have to run the tax numbers yourself. But for easy comparison, add taxes back on to those pre-tax benefits to add them to salary. Say 30% tax rate. So about 52,000 in equivalent additional salary. Just including those two benefits, in total: $332,000 total comp.
Now look at another shop's offer, which after playing the RVU game pays about 220/hr. At the same hours/mo (148 assuming you don't get the admin time), that's $390,720. Even closer at $370,000k if you use 140hrs.
So pick your hours for comparison, but for me the comparison is $332,000 VA compared to $390,720 for CMG gig.
BUT then there are the other VA benefits. Malpractice coverage (you can still get sued, but the federal government backs you financially and it's a more arguous process. Tort reform and such). ZERO night shifts. And closer to 1 patient per hour.
Which leads to a different way of viewing this. Instead of dollars per hour, why not dollars per patient? Easy enough....That 390k CMG gig sees 2PPH. So $110 per patient. The VA sees closer to 1 patient per hour, or $186 per patient.
Check my math here, please. But even at a 60k difference, I don't see a huge loss in value going to the VA unless you don't care about those other benefits. And if you're lucky enough to go to a VA with admin time, it's even closer.