ER Doc Advisor - Financial Planning & Taxes for Emergency Physicians

EP 127: Is That High Hourly Rate Offer As Good As It Looks?

Life is all about choices. The more informed you are about a subject matter, the better a decision you’ll make. The same thing can be said about job offers.

In EM job offers, the “hourly rate” is the benchmark for comparisons. When stripped down, like in the case of 1099 income, the hourly rate is a very clean and valuable metric. It’s when the rate is tampered with, like in the case of W-2 positions adding in benefits and contingencies to arrive at a more appealing visual hourly rate number, that things get… tricky.In this episode, we’ll look at a specific job offer that a few clients have sent us and provide general guidance on things to look out for when considering taking your next job opportunity.

Topics Discussed:     
  • A review of typical job offer cases we have worked with clients on.
  • How we help analyze the job offers that come in.
  • The positives and negatives that come with sign-on bonuses.
  • The tax and financial implications of ownership percentages.
  • How to better understand hourly rates and find out what makes sense for you.
  • What you need to know about employer-related coverage.
  • What to look out for when looking for your next job opportunity.

Resources Mentioned:


ER doctors, emergency medicine, emergency room, job offers, job search, hourly rates, benefits