Hi Amanda! Very informative video. Question in regards to productivity pay. Is that something in addition to one's salary? Would this be a bonus on top of your salary? If it is a bonus, is it better to negotiate based off per extra patient seen or based off monthly quotas? Like If I am expected to see 15 patients a day and but see 17 patients a day, what would be fair to ask for?
Hi Afia! Great question - in most cases, yes, productivity pay (or bonus pay) is in addition to a base salary. Not every employer does this and sometimes the compensation is straight salary. If it's a bonus structure, usually the employer will have a pre-determined system that they offer the bonus. For example, they may track the patients seen over the course of 1 month and the bonus might be based on how far above that you are. Sometimes the bonus structure is based on RVUs and you might be paid a dollar amount per RVU seen beyond your expectation. I hope that helps!
Hi Lori, it is not legal for potential employers to ask those questions or request a W2. It still can be uncomfortable if it's asked, so I usually recommend replying with something like: "I totally understand the question, but candidly data shows that women undervalue themselves when asked this question. So, would you be kind enough to provide a ballpark range for the role and I will let you know if it's aligned with my expectations."
Hi Amanda, my name is Ansu . I am a newly graduated fnp. I have a question. I recently received a contract from a primary clinic. Do you know any attorney who can review and verify the contract online?
Hi! Most attorneys will only work with people who live in the state they are licensed in, however I do know that Irnise Williams (RN + attorney) does contract reviews regardless of your state. IWilliamsLaw.com is her website :-)
Hi Amanda, a salary with 5% year 2 but year 3 is about 4.3% ? Should I negotiate to keep the increase at 5% ? I’d love your thoughts, also the company does have an incentive program for visits . Thanks 😊
Hi Lucy - good question. Some would say that it's better to negotiate your base salary as high as possible (since raises are based on that), but in this case, if you have good earning potential with your incentive bonuses, I'm not sure that the difference between 4.3 and 5% would be worth negotiating over. What do you think?
@@theresumerx sorry I meant 3.4% but I think that since I am starting out, I can gauge over the next year or two if the incentive is “feasible” and go from there. Deciding which part of the contract to negotiate ! Thanks a lot. I absolutely love your content and share your Resume rx often for those that ask!
I found your videos very inspiring and essential for new grad NP
This is very helpful! Thank you
Great points! Thank you so much!
Super helpful video, thank you for sharing!
Hi Amanda! Very informative video. Question in regards to productivity pay. Is that something in addition to one's salary? Would this be a bonus on top of your salary? If it is a bonus, is it better to negotiate based off per extra patient seen or based off monthly quotas? Like If I am expected to see 15 patients a day and but see 17 patients a day, what would be fair to ask for?
Hi Afia! Great question - in most cases, yes, productivity pay (or bonus pay) is in addition to a base salary. Not every employer does this and sometimes the compensation is straight salary. If it's a bonus structure, usually the employer will have a pre-determined system that they offer the bonus. For example, they may track the patients seen over the course of 1 month and the bonus might be based on how far above that you are. Sometimes the bonus structure is based on RVUs and you might be paid a dollar amount per RVU seen beyond your expectation. I hope that helps!
Great information. Question though: how do you find out the salary range for my specific location and specialty?
I've used Glassdoor and that has helped me!
Hi Amanda, how do you handle questions about your current pay or if they ask you to provide a w2? This just seems so awkward to me.
Hi Lori, it is not legal for potential employers to ask those questions or request a W2. It still can be uncomfortable if it's asked, so I usually recommend replying with something like: "I totally understand the question, but candidly data shows that women undervalue themselves when asked this question. So, would you be kind enough to provide a ballpark range for the role and I will let you know if it's aligned with my expectations."
Hi Amanda, my name is Ansu . I am a newly graduated fnp. I have a question. I recently received a contract from a primary clinic. Do you know any attorney who can review and verify the contract online?
Hi! Most attorneys will only work with people who live in the state they are licensed in, however I do know that Irnise Williams (RN + attorney) does contract reviews regardless of your state. IWilliamsLaw.com is her website :-)
Hi Amanda, a salary with 5% year 2 but year 3 is about 4.3% ? Should I negotiate to keep the increase at 5% ? I’d love your thoughts, also the company does have an incentive program for visits . Thanks 😊
Hi Lucy - good question. Some would say that it's better to negotiate your base salary as high as possible (since raises are based on that), but in this case, if you have good earning potential with your incentive bonuses, I'm not sure that the difference between 4.3 and 5% would be worth negotiating over. What do you think?
@@theresumerx sorry I meant 3.4% but I think that since I am starting out, I can gauge over the next year or two if the incentive is “feasible” and go from there. Deciding which part of the contract to negotiate ! Thanks a lot. I absolutely love your content and share your Resume rx often for those that ask!
@@lucyluz1651 I appreciate that! Best of luck to you! 🍀
Lol doing docs jobs and gets reimbursement at 85% and get paid at 35%. Smh