Offers/Contracts/Compensation Archives

The Contract Series: Part 3 – Before You Sign

Date: May 13, 2021

You’ve interviewed. You’ve negotiated. You’re ready to sign. Almost. There are still a few details to confirm. The first, and perhaps most obvious, step you should take it to review the agreement one final time in its entirety. This is an important document, and you need to find a time where...

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The Contract Series: Part 2 – Reviewing the Terms

Date: April 20, 2021

You’ve been offered a contract. In many cases, the initial contract is a standard document with some wiggle room. Remember, you’ll have to live with the conditions of this contract for a long time, so it is essential to understand the offer in its entirety. Start by reviewing the general terms...

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The Contract Series: Part 1 – Preparing For Negotiations

Date: April 13, 2021

You’re in discussions with an employer for a position that looks like a great fit, and it looks like you’ll be offered a contract. However, one of the most critical aspects of the contract negotiation starts before an agreement is even tendered. Here are some important aspects to consider early on...

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How to Turn Down a Job Offer Professionally

Date: September 23, 2020

In 2020, landing a position with a Pediatric practice can be a challenge, particularly in the wake of a worldwide pandemic. In recent months, however, we’ve seen a significant uptick in the number of practices reopening across the country, and with it, the need to hire on associates to meet the...

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Breach of Contract: What Happens Next?

Date: July 01, 2020

Most practices have some type of contract with associates. For the most part, these agreements work well. But sooner or later, you are likely to have an employee seek to leave before his or her contract has expired. This blog is not intended to present legal advice but rather to look...

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Associate Contracts: What to Look For in Your Next Contract

Date: May 13, 2020

A manila envelope appears on your desk with your new contract. It’s all there in black and white—the terms, salary, perks, and expectations. While an employment contract can seem intimidating at first, it’s really just a road map for two parties who want to arrive at the same destination. You want...

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Base Salary vs Actual Compensation

Date: December 11, 2019

Not all salaries are created equal. All too often, we find that job seekers will overlook a potentially rewarding opportunity solely because the base salary offered is lower than they expected. While starting salary can be an important factor, particularly for new grads chipping away at a mountain of student debt,...

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What to Do When an Associate Doesn’t Want to Renew Their Contract

Date: August 15, 2019

Maybe the contract renewal has been with the associate for a while and you’re hearing radio silence. Maybe they’ve told you they have no interest in renewing. Either way, you find yourself in limbo while you consider your next move. While every situation has factors that make it unique, here are...

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Are You Ready to Be a Partner?

Date: June 03, 2019

There comes a time in every office when taking on an additional partner makes good business sense. Partners, unlike associates, are part owners of a practice. Practice owners may choose to take on partners to reduce their own risk. Every new partner added equals a smaller share of debt and other...

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The Truth About Counteroffers

Date: January 31, 2019

You’ve just accepted a great new job offer. The only problem is now your current employer is offering an enticing counteroffer to make you stay. As Pediatric clinics and practices struggle to find the qualified candidates they seek, they are increasingly fighting to retain key staff members and associates by making...

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Category: Offers/Contracts/Compensation