Here are 20 statistics on various incentives, income guarantees and recruiting bonuses offered to recruited physicians, according to Merritt Hawkins' 2010 Review of Physician Recruiting Incentives. The 2010 Review is based on the 2,813 permanent physician search and advance allied professional search assignments that Merritt Hawkins/AMN Healthcare's physician staffing companies were engaged to conduct between April 1, 2009 and March 31, 2010.
Type of incentive offered
Salary: 12 percent
Salary with bonus: 74 percent
Income guarantee: 13 percent
Type of income guarantee offered
Net collections guarantee: 88 percent
Gross collections guarantee: 12 percent
Term of income guarantee offered
One year: 55 percent
Two years: 36 percent
Three years: 9 percent
Relocation allowance: popularity and amount
Relocation allowance offered: 95 percent
Relocation allowance not offered: 5 percent
Average amount of allowance: $10,035
Signing bonus: popularity and amount
Signing bonus offered: 76 percent
Signing bonus not offered: 24 percent
Average amount of signing bonus: $22,915
Continuing medical education: popularity and amount
CME offered: 93 percent
CME not offered: 7 percent
Average amount of CME pay: $3,335
Other benefits offered
Health insurance: 98 percent
Malpractice: 99 percent
Retirement: 90 percent
Read more about compensation:
-New York Non-Profit Healthcare Executives Earned High Salaries in 2010
-Community Health Systems' CEO Compensation Nearly Doubled in 2 Years
-Specialists Losing to Generalists on Relative Value Pay Panel
Type of incentive offered
Salary: 12 percent
Salary with bonus: 74 percent
Income guarantee: 13 percent
Type of income guarantee offered
Net collections guarantee: 88 percent
Gross collections guarantee: 12 percent
Term of income guarantee offered
One year: 55 percent
Two years: 36 percent
Three years: 9 percent
Relocation allowance: popularity and amount
Relocation allowance offered: 95 percent
Relocation allowance not offered: 5 percent
Average amount of allowance: $10,035
Signing bonus: popularity and amount
Signing bonus offered: 76 percent
Signing bonus not offered: 24 percent
Average amount of signing bonus: $22,915
Continuing medical education: popularity and amount
CME offered: 93 percent
CME not offered: 7 percent
Average amount of CME pay: $3,335
Other benefits offered
Health insurance: 98 percent
Malpractice: 99 percent
Retirement: 90 percent
Read more about compensation:
-New York Non-Profit Healthcare Executives Earned High Salaries in 2010
-Community Health Systems' CEO Compensation Nearly Doubled in 2 Years
-Specialists Losing to Generalists on Relative Value Pay Panel