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Money Trap #3: Getting paid less than your coworkers #301

Author
Dr. Nii Darko
Published
Mon 25 Jul 2022
Episode Link
None

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Nii and Renée continue the conversation on money traps that doctors fall into with Money Trap #3: Doctors not negotiating their worth and not maximizing or diversifying their income. 
 Things to expect in this episode:

  • Doctors trading time for dollars and finding that sweet spot in pay and lifestyle
  • Active versus passive income
  • Renée’s experience negotiating her contract vs. using an attorney
  • Medscape Study shows that burnout among physicians is up 47%
  • Health Affairs study shows a significant gender pay gap between female and male physicians

Episode 170 - Dr. X Files #2 – I became a martyr for medicine and my career

Episode 293 - Women physicians make $2 Million less than male physicians?!

Studies Talked About:
Female Physicians Earn An Estimated $2 Million Less Than Male Physicians Over A Simulated 40-Year Career

AAMC 2021: Exploring Faculty Salary Equity art U.S. Medical Schools by Gender and Race/Ethnicity

Comparison of Hospital Mortality & Readmission Rates for Medicare Patients Treated by Male vs Female Physicians


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