At Wyoming Behavioral Institute (WBI), we recognize the dedication and expertise that psychiatrists bring to our team. To ensure our providers are well-compensated and supported, we offer a comprehensive and competitive compensation package designed to meet both professional and personal needs. Below is a detailed overview of the compensation and benefits associated with the Psychiatry position at WBI.
Competitive Base Salary
• Starting Salary:
o $325,000 and Up: We offer a highly competitive base salary that reflects your experience, expertise, and the critical role you will play in our organization. Our compensation structure is designed to attract top talent and ensure financial stability for our providers.
Sign-On Bonus
• Generous Sign-On Incentive:
o $30,000 - $50,000: To welcome you to our team, we provide a substantial sign-on bonus. This incentive is designed to ease your transition and demonstrate our commitment to investing in your future with WBI.
Productivity Model
• Non-RVU Productivity Model:
o Our compensation model does not rely on Relative Value Units (RVUs). Instead, we focus on a fair and transparent salary structure that values your contributions without the pressure of meeting RVU targets. This model fosters a supportive work environment where quality of care is prioritized over quantity.
Relocation Assistance
• Relocation Allowance:
o Up to $10,000: We understand that relocating can be a significant undertaking. To support your move, we offer a generous relocation allowance, covering expenses such as moving services, temporary housing, and other related costs.
Call Coverage and Compensation
• Night Call Coverage:
o $200 per Night: Providers are required to take one night call per week. For each night on call, you will receive a $200 compensation, ensuring you are rewarded for your availability and expertise during off-hours.
• Weekend Call Coverage:
o $1,000 per Day: When you cover weekend calls, you will receive a substantial $1,000 payment per day. This reflects the additional responsibilities and the importance of maintaining continuous care for our patients.
Employment Type
• W2 Employed Position:
o As a W2 employee, you will benefit from the stability and security of full-time employment. This status includes access to comprehensive employee benefits and simplifies tax processes, allowing you to focus on your practice and patient care.
Malpractice Insurance
• Comprehensive Malpractice Coverage:
o With Tail Coverage: WBI provides robust malpractice insurance, including tail coverage, which protects you even after your employment with us ends. This ensures you are fully covered against any potential claims, offering peace of mind throughout your career.
Visa Support
• H1B and J1 Waiver Assistance:
o We are committed to supporting international physicians. WBI offers assistance with H1B and J1 visa waivers, facilitating a smooth transition for qualified candidates seeking to practice in the United States.
Loan Repayment
• Note on Loan Repayment:
o While we do not offer student loan repayment programs, our competitive salary and comprehensive benefits package are designed to provide significant financial support and stability.
Comprehensive Benefits Package
• Health Insurance:
o Full medical, dental, and vision coverage to ensure your health and well-being.
• Retirement Plans:
o Robust retirement savings options, including 401(k) plans with employer matching, helping you secure your financial future.
• Paid Time Off (PTO):
o Generous PTO policies, including vacation days, sick leave, and personal days, allowing you to maintain a healthy work-life balance.
• Continuing Medical Education (CME):
o We support your professional growth with dedicated CME days and financial assistance for continuing education, ensuring you stay at the forefront of psychiatric advancements.
• Sick Days:
o Paid sick leave to take care of your health without financial stress.
• Additional Benefits:
o Access to wellness programs, employee assistance programs (EAP), and other resources designed to support your overall well-being.