The compensation package for the cardiology position at Wellstar in Griffin, Georgia, offers a comprehensive and competitive array of financial incentives and quality of life benefits. At its core, the package provides financial stability through a guaranteed salary for the first one to two years, followed by a transition to an RVU-based compensation plan. This structure ensures initial security while offering the potential for increased earnings based on productivity. The financial aspect is further enhanced by value and finance bonuses, although specific details of these incentives are not provided. Income potential reaches 75-90th percentile earnings.
To ease the transition into the role, Wellstar offers substantial sign-on benefits, including a $20,000 signing bonus and an additional $20,000 in relocation assistance. This upfront financial support demonstrates the organization's commitment to attracting top talent and facilitating a smooth onboarding process.
The emphasis on work-life balance is evident in the generous time off provisions. The package includes five weeks of Paid Time Off (PTO), supplemented by five additional rollover sick days and seven paid holidays. This is further supported by the standard 4.5-day work week structure, with patient schedules ending at 4:15 PM daily. While not explicitly detailed, the package also mentions maternity and paternity leave options, underlining the organization's family-friendly policies.
Professional development is encouraged through a Continuing Medical Education (CME) allowance, which includes both financial support (amount unspecified) and a dedicated week of CME time. This investment in ongoing education ensures that physicians can stay at the forefront of their field.
The retirement and insurance benefits are comprehensive. The package offers both 403(b) and 457(b) retirement plan options, although specific details about employer contributions are not provided. Insurance coverage is extensive, including health, dental, vision, and life insurance. Notably, the malpractice insurance is occurrence-based, providing robust protection for physicians. Additional benefits include options for Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA), offering further financial flexibility and tax advantages.
The practice environment is supported by a fully integrated Epic EMR system and APP support for patient care and call coverage, which can contribute to work efficiency and job satisfaction. For international candidates, Wellstar welcomes those with J1 and H1B visas, broadening the opportunity for a diverse range of qualified professionals.
An often-overlooked aspect of compensation is the cost of living in the area. Griffin offers significant financial advantages with housing costs 45% lower than Atlanta and an overall cost of living 20% lower than the nearby metropolitan area. This effectively increases the real value of the compensation package. Additionally, the area provides access to top-notch public and private golf courses within a 30-minute drive, adding to the quality of life benefits.