3-year employment agreement
No non-compete clause with 120-day out clause
Compensation:
$400k-420k base salary- never goes away
$100k sign-on for 3-year commitment
$20k stipend for travel, education, etc-flexible payout.
Cyle 1 bonus- $1500 each-1.5 month ramp up time but can expect bonuses to be paid out monthly
Once you hit 300 cycles you will earn an additional- $450K
REI who has been there for 2.5 years is making around 1.1million with this comp model
Profit Sharing offered after-2yrs &150 cycles, increasing IVF bonuses and ownership into the structure. No buy-in!
Proforma
BHF REI Proforma Template .xlsx
Healthcare Benefits -
Full benefits-80% of individual premiums paid for health insurance
Vision, Dental, Life-
Malpractice with TAIL coverage
PTO: 25 days + 6 holiday= 31 days PTO (includes CME days)
Retirement (401k/403b/457) –
401k- 6% match after starts after the first year of employment 1 year