Negotiating physician non-clinical job salaries (e.g., "Medical Director")

Monday, May 31, 2010

Before you can negotiate salary, you need some reference points. What's the average salary for that position? What is the salary range? What is your salary potential if you pursue that career path?

What makes this especially difficult is that the same title (e.g., "Medical Director") may have a salary range of $120-150k in one industry and a range of $250-280k in a different industry. So, if you check online salary calculators (like the ones found on Salary.com, Monster.com, etc.) you won't find an accurate salary figure for a position like "Medical Director" because that position can mean 100 different things in 100 different industries.

Did you know that many non-physicians hold the title "Medical Director"? Some are nurses, others are pharmacists, some have a PhD, and others don't have any clinical background. These individuals are director-level executives for the department of medical affairs.

So how do you get some salary data for a particular industry? You need to speak with recruiters and other human resource professionals who can get you grounded so that you have a realistic expectation for salary. I (and other career coaches) work with physicians all the time to discuss salary because I work closely with recruiters to help physicians get the best salary for every position.

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2 Responses to “Negotiating physician non-clinical job salaries (e.g., "Medical Director")”
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Thanks for the eye opener, thank you!

June 1, 2010 at 3:36 AM
This comment has been removed by a blog administrator. June 1, 2010 at 6:19 AM

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About Dr. Joseph Kim

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Dr. Joseph Kim is the founder of NonClinicalJobs.com, an independent website owned and operated by Dr. Kim. He is also the President of MCM Education, a professional medical education and publishing company that develops continuing medical education (CME) activities in joint sponsorship with medical universities, hospitals, and medical associations. Dr. Kim is a digital entrepreneur and technologist who has a passion for health information technology, mobile health, and social media. He frequently speaks at conferences about non-clinical careers for physicians, continuing medical education, mobile health technology, and social media in medicine. Dr. Kim holds a bachelor of science in engineering from the Massachusetts Institute of Technology, a doctorate of medicine from the University of Arkansas College of Medicine, and a master of public health from the University of Massachusetts Amherst School of Public Health.
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