Track to Partnership
Board certified (ABEM) and Board eligible (ABEM) physicians are considered for partnership after only two years of employment. Typically, a Board certified or Board eligible physician’s first three years of employment and associated benefits are as follows:
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Year 1: During the first year of employment, in addition to a competitive hourly rate of pay ECEP also provides an individual claims-made professional liability policy, short-term and long-term disability insurance, life insurance, individual health insurance, and dental insurance. Physicians are also eligible for participation in our 401(k) retirement plan. ECEP also provides a CME expense reimbursement allowance during the first 12 months of employment as well as assistance with relocation expenses if relocation is necessary in order to accept a position with ECEP. The relocation allowance is subject to a 2-year length of service requirement.
Year 2: Physicians are considered for Partnership Track at the beginning of their second year of employment. In addition to the hourly rate of pay, physicians are also eligible for 50% participation in profit sharing. The benefit package is enhanced in that the CME allowance is increased.
Year 3: Upon successful completion of the Partnership Track year and favorable vote by the Board of Directors, the physician becomes a full partner during his or her third year of employment. At this time the physician becomes eligible for 100% participation in profit sharing as well as participation in the profit sharing component of ECEP’s Retirement Plan (subject to plan entry dates). The 401(k) benefit is enhanced in that it becomes fully company-funded. Group life insurance is not available to partners, and partners are responsible for payment of the premiums on their disability, health insurance, and dental insurance plans. |
If you have questions, would like additional information about employment opportunities, or if you would like to submit your Curriculum Vitae, please contact: