Merritt Hawkins, a national healthcare consulting and recruiting firm, included a sample of 3,131 permanent physician and advanced practitioner search assignments the company conducted for its clients from April 2018 to the end of March 2019.
Five physician recruitment benchmarks:
1. Over 70 percent of physicians were offered a salary with a bonus.
2. The average bonus was $32,692.
3. Almost all, 98 percent, of positions offered to pay for continuing medical education.
4. Thirty-one percent of searches offered educational loan forgiveness. On average, the amount of forgiveness offered for physicians was $101,571.
5. Ninety-eight percent of searches offered relocation allowance, with the average amount offered being $10,393.
More articles on benchmarking:
Top 10 highest paying medical residency specialties
The 17 medical specialties that saw a pay increase or drop in 2019
The top physician search assignment settings —- Hospitals take No.1 spot
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