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Recruiting Physician Today
Market Watch is a section of Recruiting Physicians Today, an advertising service of the publishing division of the Massachusetts Medical Society.  Distributed six times per year, the free newsletter features articles by physician recruiting firms and other independent groups involved in physician employment.  The data and observations in the Market Watch section should not be construed as content coming from the New England Journal of Medicine, nor do they represent the views of the New England Journal of Medicine or the Massachusetts Medical Society.

Median Comparison of Compensation and Signing Bonus
for New Physicians and Established Physicians

Sept.–Oct. 2009

Source: "2009 Physician Placement Starting Salary Survey,” conducted by the Medical Group Management Association (www.mgma.com) and the National Association of Physicians Recruiters (www.napr.org). To purchase a copy of the study, visit www.mgma.com/pm/article.aspx, call (877) ASK-MGMA (275-6462), or email support@mgma.com.

Primary care physicians’ compensation and signing bonuses are significantly lower than their specialists counterparts, with the exception of emergency medicine.

 

 
Compensation First Year out of Residency or Fellowship
Compensation All Physicians (Excluding First Year out of Residency or Fellowship Signing Bonus First Year out of Residency or Fellowship Signing Bonus All Physician (Excluding First Year out of Residency or Fellowship)
All Primary Care:
$140,000 $145,000 $15,000 $10,000
Family Practice (without OB)
$140,000 $145,000 $15,000 $15,000
Internal Medicine** $140,000 $153,000 $10,000 $10,000
Pediatric/Adolescent Medicine**
$130,000 $135,000 $15,000 $10,000

**Represents specialties that are combined.

 

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