Contract & Benefits

Physician Recruitment Process and Compensation Overview

Lucrative Earning Potential

At Good Shepherd Health, your compensation package offers exceptional earning potential that recognizes your value as a pediatrician while supporting your financial goals. Unlike systems with complex, unclear compensation models, Good Shepherd provides a straightforward approach combining guaranteed income with substantial productivity incentives. Your annual earning potential significantly outpaces typical pediatric compensation while benefiting from Hermiston's lower cost of living.

Year One Earnings Projection: $340,000–$385,000
Your first year includes a substantial base salary (up to $341,000), plus a $20,000 sign-on bonus and comprehensive relocation coverage. With a modest ramp-up in productivity, you can expect to exceed the manageable RVU threshold of 530/month by Q3, adding approximately $25,000 in productivity compensation at the generous $56/RVU rate. Add the $25,000 student loan repayment, and your total first-year compensation package approaches $385,000—exceptional for pediatrics in any market.

Year Two Earnings Projection: $340,000–$400,000
With your practice fully established in year two, you'll maintain your strong base salary while consistently exceeding the RVU threshold throughout the year. A fully-ramped schedule typically generates 80–100 RVUs above threshold monthly, translating to approximately $50,000–$60,000 in additional productivity compensation annually. This brings your total earning potential to $340,000–$400,000 without requiring excessive patient volumes.

Year Three Earnings Projection: $350,000–$425,000
By your third year, your established patient base and efficient practice patterns typically generate 120–150 RVUs above threshold monthly. This productivity level creates $65,000–$85,000 in compensation beyond your base salary, bringing your total earning potential to $350,000–$425,000—figures rarely achieved in pediatrics outside of subspecialty practice or urban markets with substantially higher costs of living.

  • Base salary range up to $341,000 forms strong foundation
  • Reasonable RVU threshold of 530 (achievable without excessive patient volumes)
  • Generous RVU conversion rate of $56 per RVU for production above threshold
  • First-year enhancements including $20,000 sign-on bonus and relocation coverage
  • $25,000 student loan repayment benefit adds significant value
  • Straightforward model without complex bonuses or moving targets

Comprehensive Benefits Package

Your total compensation extends well beyond salary with a benefits package designed to support both your professional practice and personal wellbeing. Good Shepherd has created a benefits structure that addresses the key concerns physicians face, from malpractice coverage to retirement planning. Your professional expenses are generously covered, including a $3,000 annual CME allowance with 40 hours of dedicated time for continuing education. Most significantly, you'll receive occurrence-based malpractice coverage—the gold standard that eliminates concerns about tail coverage even if the policy type changes in the future.

  • Occurrence-based malpractice coverage (with commitment to purchase tail if policy type ever changes)
  • Generous CME allowance of $3,000 annually with 40 dedicated hours
  • Comprehensive health, dental, and vision insurance
  • Six weeks (256 hours) of paid time off annually
  • Student loan repayment assistance of $25,000 paid directly to your loan
  • Complete coverage of relocation expenses without caps or limitations

Financial Security for Your Future

Good Shepherd’s approach to retirement planning demonstrates their commitment to your long-term financial security. Unlike many employers offering minimal retirement benefits, Good Shepherd provides multiple retirement vehicles with substantial employer contributions. The 403(b) retirement plan includes both direct employer contributions of 4% and matching of 50% of your contributions up to an additional 4%, potentially adding 6% of your salary to your retirement annually without requiring excessive personal contributions. You'll also have access to a 457 deferred compensation plan and optional 401(k), creating flexibility to optimize your retirement strategy.

  • 403(b) retirement plan with generous employer contributions
  • Direct employer contribution of 4% to your retirement account
  • Additional 50% matching of your contributions up to 4% (potential total of 6% employer contribution)
  • 457 deferred compensation plan for additional tax-advantaged savings
  • Optional 401(k) plan for flexible retirement planning
  • Comprehensive approach supporting long-term financial security

Relocation and Recruitment Support

Your transition to Good Shepherd begins with comprehensive support that eliminates the financial strain often associated with relocation. You'll receive a $20,000 sign-on bonus to address immediate needs, along with full coverage of all relocation expenses without arbitrary caps or limitations. This investment in your successful transition reflects Good Shepherd’s commitment to your long-term success—recognizing that a smooth relocation process sets the foundation for a positive experience.

  • Substantial sign-on bonus of $20,000
  • Complete coverage of all relocation costs
  • Support for licensing and credentialing processes
  • Smooth transition into the community and medical staff
  • Demonstration of organizational commitment to your success
  • Elimination of financial barriers to joining the practice

Work-Life Balance Commitment

Good Shepherd's benefits structure reflects a genuine commitment to physician work-life balance that goes beyond compensation. Your six weeks (256 hours) of paid time off annually far exceeds industry standards, providing ample opportunity for rest, family time, and personal pursuits. Combined with the manageable call schedule and limited inpatient responsibilities, this generous time off allowance creates a sustainable practice model that prevents burnout while supporting your personal wellbeing—a refreshing contrast to systems where physician time off is minimized in favor of productivity demands.

  • Exceptional paid time off allocation of six weeks (256 hours) annually
  • Schedule flexibility to accommodate personal and family needs
  • Limited call responsibilities (4 days monthly)
  • Organizational culture that respects physician work-life balance
  • Sustainable practice model designed for career longevity
  • Recognition that physician wellbeing directly impacts patient care quality

The Financial Advantage at Good Shepherd

The compensation and benefits package at Good Shepherd offers what many physicians seek throughout their careers: financial security without sacrificing quality of life. Unlike urban practices where higher salaries are often offset by crushing workloads, higher costs of living, and minimal time off, Good Shepherd has created a balanced approach that rewards your expertise while preserving your wellbeing. This thoughtful package—combining competitive compensation, substantial benefits, and genuine work-life balance—creates the foundation for both professional satisfaction and personal fulfillment throughout your career at Good Shepherd Health.

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