Structuring Compensation Packages for Medical School Faculty

Topics: Faculty Compensation and Benefits, Faculty Affairs, Academic Affairs

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Research Questions

  • How do other institutions structure physician compensation to value and reward contributions fairly and to motivate preferred behaviors?

Summary

Though medical school faculty possess high earning potential, their salaries are typically tied to performance in research and clinical practice.  Medical schools rely on salary adjustment mechanisms to ensure that faculty abide by preferred behaviors in research and clinical practice.  However, institutional practices and restrictions, at times, may inhibit medical school administrations from rapid adjustments to faculty pay.  The Roundtable examines how different institutions structure medical faculty salaries and induce preferred behaviors among research and clinical faculty members.

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