Physician Recruitment Process and Compensation Overview
This is a salaried position with separate pay for pager coverage and weekend call. Total annual compensation starts at $575,000, plus a sign-on bonus, relocation support, and benefits from a nonprofit academic employer.
Compensation Structure
| Component |
Detail |
| Base salary |
$475,000 |
| Pager pay |
$75,000 per year |
| Weekend call |
$1,000 per weekend day (about $24,000 per year) |
| Total annual compensation |
$575,000+ |
| Salary terms |
Permanent salaried position with no guarantee end date |
| Weekday hours and weekday night call |
Included in base salary |
| Moonlighting |
In-house weekend clinical work available, with rates set by service line |
Additional Compensation
- $40,000 sign-on bonus, paid in year one and forgiven on a prorated basis over three years
- $6,000 relocation bonus (taxable)
- Student loan support: as a nonprofit employer, Ochsner service can count toward Public Service Loan Forgiveness after 10 years, and Ochsner's financial team helps you through the process
- Fellowship Program Director terms negotiated as part of the offer
Benefits
| Benefit |
Detail |
| Paid time off |
38 to 44 days per year |
| Vacation planning |
Requests accepted up to 12 months ahead; high-demand dates assigned by lottery |
| CME |
10 days and $2,000 per year |
| Retirement plans |
401(k), 403(b), and 457(b) |
| Employer retirement contribution |
Up to 4% per year: a 2% base contribution plus a 2% match on the first 4% you contribute |
| Malpractice |
Occurrence-based coverage, $1 million / $3 million |
| Visa |
J-1 candidates supported |
| Academic appointment |
Potential appointment through Xavier Ochsner College of Medicine, University of Queensland, and Tulane University |