Contract & Benefits

Physician Recruitment Process and Compensation Overview

Compensation

Variable Value
Base Salary $330,000
Guarantee Period 2 years
FTE Options 0.8 to 1.0
wRVU Production Incentive Available above base
Retention Bonus $100,000 at 3 years (1.0 FTE)
Perham Health Match Matches or exceeds Sanford retention incentive
Relocation Assistance Up to $10,000
Student Loan Repayment Eligible for state and federal programs

Benefits

  • Medical, dental, vision, and full cafeteria plan
  • Malpractice coverage fully paid, including tail coverage
  • 401(k) and 403(b) retirement plans; 100% employer match on first 4%, 50% match on next 2%
  • PTO: 20 vacation days plus 6 holidays for new graduates; increases with experience
  • CME: $5,000 annually plus 10 days

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