How Physicians Can Negotiate Better Employment Terms
Mauriiciia Lepfoundz
Description
<p>Knowing the right way to negotiate is important in many people’s lives. It’s helpful in employment arrangements/contracts and has many implications, especially financial ramifications. Negotiating is a skill that can make or break your job. Happy physicians deliver better care and better outcomes.</p> <p>In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks to Linda Street, a practicing physician and certified life coach who specializes in helping physicians negotiate better employment terms.</p> <h3> <strong>Topics Discussed:</strong></h3> <p> Financial Ramifications: Learn how to negotiate well or deal with consequences</p> <ul> <li>Mistakes: Not knowing what you should negotiate for to avoid burnout</li> <li>Fear of Being Greedy: Yet, more money does not always make everything work</li> <li>You’re Not Alone: Easy to overcome negotiation issues with some guidance</li> <li>Simply Street MD: Everyone knows a doctor with an enviable contract...be them</li> <li>What is an enviable employment arrangement/contract? Be your own advocate</li> <li>Conflict vs. Choices: Anything that’s been negotiated once can be renegotiated</li> <li>Negotiation Techniques: <ul> <li>Mindset: Advocate for yourself by knowing exactly what you want and do</li> <li>Market: Know what you should be paid compared with others</li> <li>Make It Happen: Get a contract that serves your desires and goals</li> </ul> </li> <li>Skills: Physicians negotiate with patients/others every day to reach agreements</li> <li>Leverage: Maximize perception of loss if you’re not there to get something better</li> <li>Pre-anticipation: Create responses for all the reasons someone says, ‘no’</li> </ul> <h3> <strong>Links:</strong></h3> <p> <a href="https://www.simplystreetmd.com/">Simply Street MD</a></p> <p><a href="https://www.simplystreetmd.com/resources">Simply Street MD Resources</a></p> <p><a href="https://www.simplystreetmd.com/podcas
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How Physicians Can Negotiate Better Employment Terms
Mauriiciia Lepfoundz