At Good Shepherd Medical Center, physicians are offered a highly competitive compensation package designed to reward their expertise and dedication. The base salary is set at $295,000, with additional earning potential through a bonus structure. To further support new physicians, Good Shepherd offers a $25,000 sign-on bonus and handles relocation expenses through a third-party service that directly bills for moving costs, making the transition as seamless as possible.
Physicians at Good Shepherd also enjoy a generous benefits package, including 256 hours (equivalent to 6 weeks) of paid time off (PTO) and an annual CME allowance of $3,000 along with 40 hours of dedicated CME time. The retirement plan is robust, with Good Shepherd contributing up to 6% of total earnings through a 403b plan. This includes an employer contribution of 4% directly into the employee's account, and an additional 50% match on employee contributions up to 4%. Physicians also have the option to participate in a 457 Deferred Compensation Plan and an optional 401k.
Moreover, Good Shepherd provides $25,000 in student loan repayment, paid directly towards the loan, offering further financial relief. The malpractice insurance is comprehensive, with occurrence-based coverage, and the hospital commits to purchasing tail coverage if they ever transition to a claims-made policy. This thorough and generous package reflects Good Shepherd Medical Center’s commitment to attracting and retaining top medical talent.