Get the most out of your locum tenens salary.
One of the biggest benefits to becoming a locum tenens worker is the competitive pay scale. Locum workers tend to make more than physicians who serve a single practice, and have more of a say when negotiating their salary. At Preferred Solutions we do everything we can to support locum tenens workers and the medical facilities they serve. We want you to get the most out of your job, so below we have listed a few tips to help you negotiate your pay rate when considering a locum tenens position
- Know your Agency: Choosing which agency to use when searching for locum tenens work will have the most immediate effect on your salary. Larger, more reputable agencies have more money to share with their clients, and can generally negotiate a pay increase of up to 25 percent more than your initial offer. If you choose a budget agency, they typically lack the resources to be able to offer more than five or ten dollars above your initial offer.
- Be Desirable: When you enter into your first locum tenens job, prove yourself. If you are well-liked and able to perform quality services that positively impact the medical facility you are staffed at, the agency who placed you will take note. You will be more likely to get requests to stay longer at your positions if you are well liked, and, because agencies make their money on how many hours you’ve worked a position, they will be more accommodating when it comes to pay negotiation.
- Bundle Your Rates: One of the best ways to negotiate a pay increase is to group yourself together with other locum tenens physicians. If you have fellow locum workers who you don’t mind traveling with, the agency can offer higher salaries to each individual because they will be receiving a larger number of billable hours.
- Take Longer Assignments: If you don’t mind being in the same facility for a few months, you can easily negotiate a higher pay rate. Again, this is due to the fact that your locum staffing agency will be making more money off of you than someone who only stays somewhere for a few weeks. The more money you make your agency, the more likely they are to return the favor.
By following these guidelines, we are positive that you will be able to effectively negotiate your locum tenens salary. Visit our website today, and start your locum tenens work with an agency who will help you succeed.