Physician contract trap for compensation, poor work/life balance
Pros
-Recognizable brand in Chinese community -Decent support staffs depending on your office -Many locations to work in NYC -Flexible work scheduling -Runs social events like Chinese New Year -$10k sign-on bonus for physicians/ $5k for NP, PA
Cons
-Rendr offers higher than market base salary but will end up giving you close to market overall total compensation for physicians (HR will tell you guaranteed 15% bonus but they don't tell you don't get any bonus for your first-year employment. They don't make up for it during second year despite reassuring to you they do) -Much higher than average number of patients you need to see (depending on your offices can range from 30s-70s+ patients a day) -Due to high volume patients, you'll likely need to spend many personal hours charting without pay. Therefore, poor work/life balance and burnout. Some very busy offices have scribes but most don't. -May be required to go to different boroughs to cover different offices depending on how many offices your division boss owns -Arbitrary bonus allocation formula (all based on feels of your division boss) -Read your contract carefully, non-competent may be applicable to every single Rendr offices in NYC. Negotiate your contract. -401k match not credited to your account until the beginning of next year (delays in the match leads to opportunity cost in 401k growth) -Once a month 1.5 hours CME lecture with 30-40% of the time allocating to talking about bottom line topics like quality measures, screening and other parameters that affects company profits and not enough time on medical education. -High staff turnover (including leadership) -In summary, you'll be expected to work much more than typical job with average market pay and poor life/work balance.