Chris Rangel reflects on the problems with this:
The main problem for employee physicians is related to the employer-employee relationship and the fact that the priorities of both are different. The main goal of the employer is to maximize profits and minimize costs but often this leads to excessive workloads where the compensation is almost always less than what the doc would be able to take home if they were self-employed.
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- Medical errors: Impact on physicians
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Don’t forget the restrictive covenant, or “noncompete”.
So when that employee physician leaves, he can’t take his/her talents across the street.
If a law firm put such a clause into the employment contract of a new lawyer, it would be the unethical practice of law.
I am aware of several occasions, on the public record, in the newspapers and all that, where these restrictive covenants have been invoked, to the detriment of the public’s ability to access doctors.
I couldn’t be happier with my employee arrangement. I get paid much more and work less than I did before.
“I couldn’t be happier with my employee arrangement. I get paid much more and work less than I did before.”
Nobody would employ you unless you provided value to the organization above and beyond your salary and benefits. This is capitalism. It is a win-win if you are happy.
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