How do I know if the contract offer I am getting is market?
2 easy ways to determine whether or not an offer is “market” are:
1. Shopping what another employer would pay you to render the same or similar services in a similar or the same market?
2. Consulting market research resources, for example, MGMA (https://www.mgma.com/data) and seeing what data is available for the market you are considering. MGMA is what we use when we turn to market data.
When considering compensation, remember compensation is more than a pre tax salary dollar amount. Compensation encompasses insurance benefits, expense reimbursement, liability insurance payments, loan forgiveness, housing credit, etc (as applicable). Please be sure to evaluate the whole package.
Looking to wrap over an offer? Contact Jennifer or Michael to discuss.
Is my new offer market?
Contact Jennifer at Jennifer@Kirschenbaumesq.com or at (516) 747-6700 x. 302.
at a residency/fellowship program?
Contact Jennifer directly at (516) 747-6700 x. 302 or at Jennifer@Kirschenbaumesq.com