Physician Employment Contract Checklist

If you`re a physician about to sign a new employment contract, it`s important to carefully review the terms and conditions of the agreement. Not only will this ensure that you fully understand your obligations and expectations, but it can also help you negotiate for better terms and protect yourself from potential legal issues down the line. Here`s a handy physician employment contract checklist to guide you through the process.

1. Hours and Schedule: Make sure your contract outlines your expected work hours, including any on-call or weekend shifts. It`s also important to verify that your schedule aligns with your personal and family needs.

2. Compensation: Check that your salary, bonuses, and benefits package is clearly defined and includes all necessary details such as annual raises, performance incentives, and medical coverage.

3. Termination and Renewal: Understand the terms for termination of your contract, such as notice periods and grounds for termination. Also, check if there is an option to renew the contract and if so, the conditions for doing so.

4. Non-compete and Non-disclosure clauses: These clauses dictate your limitations to work for competitors or disclose company information to others. Ensure that these clauses are reasonable and do not overly restrict your future employment opportunities.

5. Malpractice Insurance: To protect yourself from legal claims, ensure that you have adequate malpractice insurance coverage. Your contract should specify the amount and who pays for it.

6. Intellectual Property Rights: Know what intellectual property you create during employment belongs to you and what belongs to your employer.

7. Relocation Expenses: In case of relocation for the role, ensure that your contract specifies who pays for any relocation expenses, including moving or travel costs.

8. Professional Development: Look for opportunities for ongoing professional development, including CME and license maintenance. Check for paid leave allowances to attend educational programs.

9. Conflict Resolution: Check the process for resolving any disputes between you and your employer and make sure it is reasonable and fair.

10. Alternative Employment Opportunities: Check if the contract restricts you from working elsewhere, including moonlighting, consulting, or other side jobs.

In conclusion, a physician employment contract is a significant legal document that requires thorough review and negotiation to ensure it aligns with your career objectives, work-life balance, and professional aspirations. Remember to consult with a legal expert or an employment lawyer if needed, to ensure that you fully understand the terms and conditions of the contract before signing.