MightyVet: Talking Money – How to Understand and Negotiate Compensation is an open-enrollment, self-study course is based on the archive of a MightyVet webinar presented on June 18, 2019.
Veterinarians may be born with a love for animals but it takes a great deal of time, effort, commitment, and financial investment to be able to “hang their shingle.” Unfortunately, veterinarians are seldom trained in the non-medical parts of being a successful doctor. Critical to that success is an understanding of compensation and the art of negotiation.
During her presentation, Dr. Davidow discusses how to make sense of a job offer and how to make sure you earn what you deserve. She shares sources of information on standard benefits, pay ranges, and differences in cost of living. Also, Dr. Davidow outlines the different ways salary and production based pay can be structured and why the devil is in the details. Lastly, she explains how to approach a contract negotiation so that everyone wins.
Both the webinar and this archive course were made available to the veterinary community via the financial and administrative donation of VetMedTeam. We believe in the MightyVet initiative.
The webinar was the 9th in a series of free webinars addressing compassion fatigue, burnout, ethics exhaustion, decreased career satisfaction, and suicide. Unaddressed the outcome is often career and life threatening.
This course is based on the archive of the webinar and is appropriate for veterinarians, credentialed technicians, and practice team members, along with vet and tech school students.
Upon completion of this CE offering a participant will be able to:
- discuss production based pay and different ways it can be structured
- compare and contrast different employee benefits and their monetary value
- outline techniques and skills needed to negotiate a contract and where to find more information