I'm not a psychiatrist, but I figure some of y'all can answer my questions.
I'm occupational medicine, tier 2 (i think). Base pay is $137K for GS15 step 6, locality (market) pay is $100K.
I'm currently making about $22K less than my pay when i started in 2021 ($225K) due to inflation. In other words, at $225K in 2021 dollars, I should be paid $259K in 2023 dollars, with respect to inflation. However current pay is $237K.
My PDPP is supposed to be reviewed soon. Doximity average is $259K for occ med. However data for occ med docs in my local area is likely only found in MGMA, which only large private hospitals pay for (and likely too expensive for me to inquire).
Published pay chart for my specialty, is found in 'Pay Table 1, tier 2', and 2023 max published pay is $260K
First question: what kind of retention incentive pay can I reasonably get? When I signed onto the job, it was only $5K per year. I know that plenty of non-physicians get retention incentives of $25K over 5 yrs (so like $5K per year). This doesn't seem right for a physician, or is it?
Second question: any suggestions to maximize PDPP, and what to expect. (should I expect market pay to go up at the same crappy rate as base pay, which is way below inflation?)
I'm occupational medicine, tier 2 (i think). Base pay is $137K for GS15 step 6, locality (market) pay is $100K.
I'm currently making about $22K less than my pay when i started in 2021 ($225K) due to inflation. In other words, at $225K in 2021 dollars, I should be paid $259K in 2023 dollars, with respect to inflation. However current pay is $237K.
My PDPP is supposed to be reviewed soon. Doximity average is $259K for occ med. However data for occ med docs in my local area is likely only found in MGMA, which only large private hospitals pay for (and likely too expensive for me to inquire).
Published pay chart for my specialty, is found in 'Pay Table 1, tier 2', and 2023 max published pay is $260K
First question: what kind of retention incentive pay can I reasonably get? When I signed onto the job, it was only $5K per year. I know that plenty of non-physicians get retention incentives of $25K over 5 yrs (so like $5K per year). This doesn't seem right for a physician, or is it?
Second question: any suggestions to maximize PDPP, and what to expect. (should I expect market pay to go up at the same crappy rate as base pay, which is way below inflation?)