Transitioning from training to attendinghood can be both exciting and daunting, especially as you approach the culmination of your residency or fellowship. In this episode, we’ll uncover six actionable strategies to ease this transition and set yourself up for success in your new role. From negotiating a signing bonus to understanding the nuances of your employment contract, each tip aims to equip you with the knowledge needed to navigate the complexities of entering the attending workforce confidently.

You will learn the importance of securing a guaranteed base salary, the implications of leaving early from your contract, and the significance of long-term disability insurance for physicians. We’ll also dive into mortgage qualification and the necessity of adjusting your insurance policies to align with your evolving financial circumstances. By implementing these easy wins, you’ll not only alleviate stress, but also lay a solid foundation for your financial well-being as you start this pivotal career transition.

What You’ll Learn In Today’s Episode:

  • The importance of noting the duration of your guaranteed base.
  • Why you should negotiate a signing bonus.
  • The importance of checking if your program has a GSI policy available.
  • What to be aware of if you are thinking about taking out a mortgage.
  • Why you should try to avoid buying a house when you first transition to attendinghood.
  • What to look out for in terms of life insurance.
  • An easy way to decrease stress as you transition.

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