Contract & Benefits

Physician Recruitment Process and Compensation Overview

The compensation package for this position is highly competitive, with variable structures that can reach the 75th percentile for the right candidate. Performance-based incentives are included, offering significant earning potential aligned with individual and practice success. The hospital also offers a robust student loan repayment program, enhancing its appeal to recent graduates or those seeking financial relief.

Additional benefits include relocation assistance to make the move to Marble Falls seamless, health and wellness benefits, malpractice insurance, and retirement planning options. Comprehensive information on health insurance and leave policies will be made available during the hiring process, ensuring clarity and transparency for prospective candidates.

Time off
With 27 days of paid time off (PTO), 5 days of CME leave, and CME allowances, you’ll have a total of 38 days to balance your personal and professional life. Sick time and observed holidays are not deducted from the annual number of available days and are paid as regular salary. Baylor Scott & White is committed to fostering a rewarding career while supporting your personal well-being, making it a great place to build a long-term career.

Paid Time Off: 27 Days
Continued Medical Education: 15 Days
Holidays: 6 Days
• New Year's Day.
• Memorial Day.
• Independence Day.
• Labor Day.
• Thanksgiving Holiday
• Christmas Day.

Benefits
As a new hire, you become eligible for benefits on your first day of work. You have 30 days from your date of hire (or date you become benefits eligible) to enroll. Once you enroll, coverage begins right away. Unless you have a qualified life event, you won’t be able to make coverage changes after your initial enrollment period until the next annual enrollment. So use this time wisely to compare plans, decide who to cover and get the best benefits for you!

Retirement –
Savings Plan


Save for a financially secure retirement by participating in a Retirement Savings plan and let BSW help with dollar for dollar matching contributions up to 5% of eligible base salary. Start, stop or change your contribution anytime throughout the year.

• Make pre-tax or Roth (after-tax) contribution elections
• Enroll in automatic increase to make saving easier
• Update your beneficiary(ies)
• See how much income you may have in retirement
• Make changes to improve your retirement security
• View your Lifetime Income Score summary
• Process a rollover
• Make separate catch-up contributions if you are 50 or older with Empower*

How to Invest
As you accrue your retirement savings, you have options for investing your money.

• You can contribute up to $23,500 in 2025 with an additional $7,500 ($31,000) for those at age 50 and older. For those doctors that are age 61, 62, or 63 an additional $3,750 ($34,750)
• You choose whether to contribute pre-tax or Roth (after-tax) or a combination of both:
Pre-tax contributions lower your current taxable income
After-tax contributions lower your taxable income during retirement
• You can change your contributions and investments at any time. The plan comes with features that let you automatically increase your contributions at a comfortable rate and rebalance your account to fit your savings strategy.
• You’re always 100% vested in your contributions and you vest in BSW’s matching contributions after three years of service. And if you leave BSW, you can move all of your vested savings to a qualified retirement plan (e.g. IRA, another employer's retirement plan, etc.) 

Online Guide

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