What is a reasonable new grad offer?

[NdoNP]

I was offered a position as a Endocrine NP in the south east with terms as follows:

$95,000 salary +$20/patient seen over 15

Monday-Friday 8-5

1 week vacation

Good office support

No call, nights, weekends, or holidays.

No signing bonus/tuition reimbursement while finishing last semester

No retirement benefits

Health insurance for employee with 50% "base plan" contribution by employer

Clinicals with MD to train for job

Malpractice, licensing fees paid by practice

Yearly CME conference

I am concerned that 1 week sounds low for vacation time. Any suggestions/opinions appreciated.

[NdoNP]

Anyone?

[KO_RN]

My first np job starts June 2, 2014. Just passed boards today. Similar salary, mid $90's with productivity bonus $10 per visit over expectation. Could be $25-50K in bonus pay if the stars align on the scheduling. I get 15 days vacation, plus CME, malpractice, DEA, 401k etc ask for at least 2weeks, with increase to 3weeks after 3-5 years ?

[BostonFNP, APRN]

Two weeks plus a week CME is "standard" around here for vacation.

Otherwise sound pretty good.

[NdoNP]

Thank you guys for the feedback. I countered & waiting to hear back.

[BostonRN13]

I think it sounds pretty okay but not having any kind of retirement savings account would bother me. I suppose you could buy a tax-free IRA CD every tax year while you're there otherwise how will you save for it?

[OCRN3]

Sounds great for a new grad! Good luck

[NPs4health]

curious to what your final offer ended up looking like? I think anything around 100k WITHOUT weekend or calls sounds pretty good. For small companies, the first year seems to be about 1 week vacation time, 2-3 wks with larger companies. The extra productivity incentive is interesting.

[jaznia15]

How do you know if the company is willing to "counter"? So far the MDs I've met with have seemed to be stuck in their heels about their offers. As I mentioned in another post, I have been basically low-balled at interviews thus far. I, too, live in the southeast and have found that most of the employers who have asked me what I want to start at (I tell them 80k) have been dropped jaw that I have asked for that much. I don't feel this salary unreasonable, but maybe I need to start looking outside of the rural primary care areas.

[futureeastcoastNP]

How do you know if the company is willing to "counter"? So far the MDs I've met with have seemed to be stuck in their heels about their offers. As I mentioned in another post, I have been basically low-balled at interviews thus far. I, too, live in the southeast and have found that most of the employers who have asked me what I want to start at (I tell them 80k) have been dropped jaw that I have asked for that much. I don't feel this salary unreasonable, but maybe I need to start looking outside of the rural primary care areas.

Well its a bit ridiculous. As a provider, you will be able to bill insurance for close to what the MD would bill for...yet do you think they offer another MD such a low salary? They are trying to make money off of you. Those places that low ball are not where any NPs need to be. Go someplace where they value you as a provider.

[redlion777]

That's a very generous offer.

[redlion777]

Well its a bit ridiculous. As a provider, you will be able to bill insurance for close to what the MD would bill for...yet do you think they offer another MD such a low salary? They are trying to make money off of you. Those places that low ball are not where any NPs need to be. Go someplace where they value you as a provider.

They probably would not be willing to hire an MD. They want to hire an NP because its supposed to be cost effective (do you only remember that when it's time to lobby?). Yes, people hire other people so that they can make more money themselves. Surprise Surprise!