5 Statistics on Total Pay Package Incentives for Physicians

Practice Management

A majority of physicians report that their retirement plan accounts for a percentage of their total pay package, according to 2013 Physician Compensation Survey released by Physicians Practice.

The survey includes responses from nearly 1,500 physicians.

 

When asked what other incentives complete their compensation packages, respondents reported the following. They were asked to check all the incentives that applied to them.

 

Retirement plan — 74.2 percent
Regular bonus program — 28 percent
Profit sharing — 19.8 percent
Other — 14.9 percent
Stock options — 2.9 percent

 

More Articles on Practice Management:
6 Ways to Use Price Transparency for Patient Engagement Improvement

Medical Biller Salary: 4 Statistics

Worst Advice for Small Business Owners: 5 Things to Know

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers