Contract & Benefits

Physician Recruitment Process and Compensation Overview

A Compensation Structure That Values Your Time and Expertise

Good Shepherd's compensation model reflects a straightforward philosophy: pay physicians fairly, provide excellent benefits, and create financial security that allows you to focus on medicine. You'll earn $200–$225 per hour for daytime clinical work—competitive with urban positions but with better work-life balance and lower cost of living.

Your overnight call compensation adds $35 per hour for backup coverage—nearly all passive income, since physicians have been called in only once in two years. You're paid for availability without compromising rest or personal time. It’s compensation that respects your time and enhances earnings without burden.

Base Compensation:

  • Hourly rate: $200–$225 per hour for daytime clinical work
  • Annual earnings potential: Competitive for full-time 5-on/10-off schedule
  • Overnight call rate: $35 per hour for backup call
  • Call frequency: Rare actual call-ins (once in two years)
  • Compensation philosophy: Hourly model without RVU or productivity pressure
  • Pay schedule: Regular, predictable payroll through employed model
  • Compensation review: Annual process with potential for adjustments

Time Off That Actually Lets You Live Your Life

6 weeks of paid time off equals 256 hours—or 42 shifts off annually. Combined with your 5-on/10-off rotation, this makes extended travel, family time, or personal goals realistically achievable without guilt or burnout.

You'll also receive 40 hours of CME time and a $3,000 CME allowance each year. Use it to maintain certification, attend workshops, or explore clinical interests—with full support and zero pressure to sacrifice vacation time or personal funds.

Time Off and Professional Development:

  • PTO: 6 weeks (256 hours) annually for vacation, sick, and personal days
  • CME time: 40 hours paid time for continuing education
  • CME allowance: $3,000 per year for conferences and materials
  • Schedule flexibility: 5-on/10-off or 10-on/20-off rotations
  • Holiday coverage: Equitably shared among team
  • Time-off approval: Collaborative process with advance scheduling
  • Board certification support: CME aligned with MOC requirements

Financial Incentives That Accelerate Your Goals

Good Shepherd supports career transitions with generous financial incentives. The sign-on bonus is negotiable, and $25,000 in student loan repayment is paid directly to your servicer—not taxed, and not left to you to manage.

Combined with Hermiston’s low cost of living, these benefits accelerate your path to debt freedom and financial independence far faster than most urban offers can match.

Relocation and Financial Incentives:

  • Relocation assistance: Full coverage including packing and transport
  • Sign-on bonus: Negotiable, based on experience
  • Student loan repayment: $25,000 paid directly to loan servicer
  • Debt reduction impact: Speeds path to financial freedom
  • Relocation timeline: Flexible start dates supported
  • Temporary housing: Assistance available during home search

Comprehensive Benefits That Protect Your Health and Future

Your benefits package includes full medical, dental, and vision coverage—without high deductibles or hidden gaps. It’s designed to offer peace of mind for you and your family.

Malpractice insurance is occurrence-based, the gold standard. Even if the policy changes, tail coverage is included, ensuring your reputation and assets are protected long after you’ve moved on.

Insurance and Professional Coverage:

  • Health insurance: Full medical for employee and family
  • Dental insurance: Coverage for preventive, basic, and major services
  • Vision insurance: Exams, lenses, and frames included
  • Malpractice insurance: Occurrence-based with tail coverage
  • Coverage limits: Appropriate for hospitalist practice
  • Claims support: Legal defense and liability management included
  • Professional licensing: Support for Oregon license and DEA

Retirement Benefits That Build Long-Term Security

The 403(b) retirement plan includes a 4% employer base contribution and a 50% match up to 4% of your salary. If you contribute 8%, you’ll receive another 4% in match—totaling up to 8% employer contribution.

Additional savings options include a 457 deferred compensation plan with penalty-free withdrawal upon leaving, and an optional 401(k). You’ll also have access to financial planning resources to support your long-term goals.

Retirement Planning:

  • 403(b) base contribution: 4% employer-funded
  • 403(b) matching: 50% match on contributions up to 4%
  • Maximum employer contribution: Up to 8% total
  • 457 plan: Tax-deferred, flexible withdrawal option
  • 401(k): Optional additional retirement savings vehicle
  • Vesting schedule: Competitive timeline for full ownership
  • Investment options: Diversified choices for all risk levels
  • Planning support: Access to financial education and guidance

The Complete Value Proposition

At Good Shepherd, you’re compensated in a way that supports your entire life—not just your work hours. Between hourly pay, generous retirement, paid loan repayment, meaningful PTO, CME, and full insurance, the value is comprehensive.

Rather than sacrificing quality of life for income, you’ll build wealth, stability, and fulfillment simultaneously. This is compensation that supports your goals—financial, personal, and professional—without compromise.

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