contract sig

Negotiating hiring bonuses in the medical practice

When hiring a new physician, a nurse, practice manager, or other key position, sometimes a sign-on bonus is negotiated. ┬áTypically, the Signing Bonus clause contains two principal elements: (a) bonus amount; and (b) date of payment. A third element that can be negoitated by the one paying the bonus is a “clawback” provision. Clawback...