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2006 Survey of Final-Year Medical Residents Highlights
Mar.–Apr. 2007
Source: Merritt Hawkins 2006 Survey of Final-Year Medical Residents; (800) 876-0500,
www.merritthawkins.com
Seventy-three percent of residents in 2006 report examining physician practice opportunities one year or more before completion of their residency. "Salary with production bonus" is the most desired form of physician compensation for residents starting their first professional practice.
|
At what point in your residency did you begin to seriously examine practice opportunities – actually obtaining information, arranging interviews, etc.?
|
|
|
2006
|
2003
|
2001
|
| Six Months Before Completion |
27% |
27% |
70% |
| One Year Before Completion |
40% |
48% |
25% |
| Over One Year Before Completion |
33% |
25% |
5% |
Which of the following types of compensation would you prefer at the start of your first professional practice? |
|
|
2006
|
2003*
|
2001*
|
| Salary with Production Bonus |
91% |
58% |
62% |
| Salary |
39% |
20% |
30% |
| Income Guarantee |
33% |
14% |
3% |
| Unsure |
4% |
8% |
N/A |
| Bank Loan |
<1% |
0% |
0% |
| 100% Productivity |
N/A |
0% |
5% |
*In 2003 and 2001 respondents were asked for one preference only. |
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