Quedeezy

Good morning! I'm in the process of setting up a corporation as an independent contractor. Any ideas? I was given the advice to just use my name for my business... I wanted something more creative but didn't want to be cheesy. Any bright ideas?? Simple is better... my initials are QD, so I was thinking possibly QDNP. Should I also use Inc after?

Very helpful input! It's nice to know where the offer stands, because of course they make it "seem" favorable. What do you suggest about negotiating for gross receipts? How would I word this? 25 patients seem like a lot, but then again it seems the norm for hospitalists... there's going to be a training period, and I'm aware that it will take some time for me to get acclimated and efficient in seeing this volume of patients. He did mention he will compensate me for additional patients. He would also give me an amount $25 per patient (which seems low to me of course) vs $70/hr, whichever one I prefer. Also mentioned that malpractice would be provided under my name in separate policy and would give me health insurance allowance of $250 per month I have done a general search and believe me, I know they make a ton of money! I'm in the wrong line of work LOL

Duly noted. Thanks for the input. It is much appreciated! Everything you said makes complete sense. I wanted to clarify, I don't see it as being a "fancy entrepreneur" but rather literally working for myself because I have my own patients and don't have to deal with all the headaches that come with working for an organization and being an employee... although I'm sure there's different issues and problems etc

This post was because I needed assistance in doing the calculations. That's what I figured, was that I would need at least 20% raise on what I was making prior. It comes out to about $86/hr that I would need to make. At the same time, I would be able to make deductions and there's pros and cons with being an "independent contractor". I wanted to work for myself, and this is new to me. I appreciate the advice, I just need more direction in what I should ask for and expect. I know a lot of times, employers aren't necessarily "fair" when it comes to these types of positions. I would like to prepare myself as much as possible.

Of course. These are specifics that I will have to ask. The contract is between him and I, so I would think he's technically employing me. I am assuming that he's going to add me to his policy. I've done some searching regarding this and there are instances where it's not a "true" independent contractor. I would have to talk to my accountant I'm sure...

thanks for the insight. The dr will be providing malpractice insurance for me...

Hello, I have the opportunity to work as an independent contractor and have questions. I currently make $72/hr and work at a hospital that provides all benefits (medical, dental, 401K, etc). For the IC position, the offer is $70 per hour on weekdays and $100 per hour on weekends, and will see 25 patients per day. Shifts will be about 8 hr days. I'm asking for opinions and advice in how I would go about negotiating and if this rate seems fair? It's for a specialty Infectious Diseases and I will be seeing patients in the hospital setting. Pls give input on questions I should ask and what would be fair. I know I need to put aside costs for taxes, benefits etc... or should I negotiate this into my contract and get paid per encounter?? Please help! The contract is due in a few days