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Factors to Consider...

4/28/2015

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Factors to consider when considering a new position in addition to salary/bonuses/productivity. 


-         What portion will your employer contribute to your medical insurance premium?  Carefully evaluate the quality of the new medical plan.

-          What percentage will your employer contribute to your retirement fund or pension?

-          Does the PTO include the vacation time, sick time, holidays, extended sick bank, CME time (and money), and family leave time that you want? 

-          Is it a better clinical fit or a setting you would rather work in? Is this a good career step? Is this a good challenge for you?

-          Does this company cultivate a culture, philosophy, and stability that benefits its employees?  Often it is better to sacrifice a little money to be in a better work environment.

-          Does your salary cover the actual hours that you will work, or will you be paid for 40 hours a week when you actually work 45 or 60?

-          Does this position schedule you in shifts that are better for you and your family?

-          Is the commute shorter?  If so, how much gas money and time will you save with the new route?

-          Finally, be sure to consult a cost of living calculator such as the one at http://www.bestplaces.net/col/ .   $100k per year in Chicago, IL can decrease to $78,116 per year in Mount Vernon, IL to maintain the same standard of living.


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