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Physician Retention Bonuses: Paying Physicians to Stay Put

Retention bonuses are becoming more popular with employers both inside and outside of the healthcare industry. Retention bonuses are offered to high-in-demand, easily-poached employees for staying on the job for a certain period of time. Although they sometimes get confused with signing bonuses and forgivable loans, they are different—and therefore appraisers need to analyze them differently when conducting a fair market value determination. BuckheadFMV conducted online research to determine how many physician employers are offering retention bonuses. We found that the military pays eligible physicians with at least 8 years of service between $12,000 and $60,000 per year for signing multiyea

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