Contract & Benefits

Physician Recruitment Process and Compensation Overview

Competitive Compensation for a National Leadership Role

Phoenix Children's offers a competitive compensation package designed to attract physician leaders capable of directing one of the nation's Top 5 pediatric BMT programs. The base salary reflects both the clinical expertise required and the administrative responsibilities of leading a high-volume transplant section within a major academic children's hospital. This is an endowed chair position with $2.5 million in fully funded endowment supporting your leadership, research initiatives, and program development goals.

The compensation philosophy at Phoenix Children's recognizes that recruiting exceptional talent to Arizona requires packages that compete with major academic medical centers nationally. Money should not be a barrier for the right candidate.

  • Competitive base salary commensurate with national benchmarks for BMT section leadership
  • Endowed Chair position with $2.5 million fully funded endowment
  • Compensation structure designed to attract nationally competitive candidates
  • Benefits effective the first day of the month following your hire date

Relocation Assistance

Phoenix Children's provides two relocation options to ease your transition to Arizona. You may choose a $15,000 lump sum relocation allowance or opt for direct billing through the hospital's outsourced relocation service. The direct bill option can simplify your move by handling logistics and payments directly with moving companies, real estate services, and temporary housing providers.

  • Option 1: $15,000 lump sum relocation allowance
  • Option 2: Direct billing through outsourced relocation service
  • Flexibility to choose the option that best fits your moving needs

Paid Time Off

You will receive 208 hours of paid time off annually, equivalent to approximately 5 weeks based on a standard workweek. This PTO allocation provides flexibility for vacation, personal needs, and family commitments while maintaining the work-life balance essential for sustainable leadership in a demanding clinical role.

  • 208 hours PTO annually (approximately 5 weeks)
  • Flexibility to use for vacation, personal time, or family needs

Continuing Medical Education

Phoenix Children's supports your ongoing professional development with one week of dedicated CME time and a $3,500 annual allowance. This investment ensures you can attend national conferences, maintain certifications, and stay current with advances in transplant medicine and cellular therapy.

  • 1 week dedicated CME time annually
  • $3,500 CME allowance for registration, travel, and expenses
  • Support for maintaining board certifications and specialty expertise

Retirement Benefits

Phoenix Children's provides a comprehensive retirement package with multiple savings vehicles to help you build long-term financial security. Physician-specific retirement options include a 403(b) retirement plan, 457 deferred compensation plan, and optional 401(k) plan.

The 401(k) retirement plan features immediate participation with a dollar-for-dollar match up to 4% of compensation. You are 100% vested upon enrollment, meaning employer contributions belong to you from day one. Multiple investment options allow you to tailor your portfolio to your risk tolerance and retirement timeline.

  • 403(b) retirement plan with PCH contributions up to 4%
  • 457 deferred compensation plan for additional tax-advantaged savings
  • 401(k) retirement plan with $1-for-$1 immediate match up to 4% of compensation
  • 100% vested upon enrollment
  • Immediate participation with multiple investment options
  • Multiple vehicles allow strategic tax planning across your career

Medical and Prescription Benefits

Phoenix Children's offers three medical plan options through the Cigna Open Access Plus and LocalPlus Networks, providing access to a wide selection of hospitals and providers.

The 500 Plan features a $500 individual/$1,000 family annual deductible with $15-$30 primary care copays and $25-$50 specialist copays. After meeting the deductible, you pay 20% coinsurance on remaining in-network charges.

The 1000 Plan offers a $1,000 individual/$2,000 family annual deductible with the same copay structure and 20% coinsurance after deductible.

The Consumer Directed Health Plan (CDHP) features a $1,600 individual/$3,200 family deductible with 20% coinsurance after deductible. This plan pairs with a Health Savings Account (HSA) that includes company matching contributions.

  • Three plan options: 500 Plan, 1000 Plan, and CDHP
  • Cigna Open Access Plus and LocalPlus Networks
  • HSA available with company match on CDHP
  • 90-day prescriptions available through mail order or CVS retail pharmacy for the cost of 60 days

Dental Benefits

Phoenix Children's offers two dental plan options through Delta Dental of Arizona. Both plans provide in-network and out-of-network benefits for preventive, basic, and major services. Orthodontia benefits are available for both children and adults.

  • Two plan options through Delta Dental of Arizona
  • In-network and out-of-network coverage
  • Preventive, basic, and major services covered
  • Orthodontia benefits for children and adults

Vision Benefits

The Vision Service Plan (VSP) provides coverage for routine annual eye exams, eyeglasses, and contacts. VSP contracts with doctors specializing in optometry and ophthalmology, giving you access to quality vision care providers.

  • Annual eye exam coverage
  • Eyeglasses and contact lens benefits
  • VSP network of optometry and ophthalmology providers

Disability Benefits

All eligible employees are covered by Short-Term and Long-Term Disability plans at no cost. These plans provide financial protection by replacing a portion of your income if you become disabled from illness or injury.

Short-Term Disability provides 100% of base salary for salaried employees (66.67% for hourly employees up to $2,000 weekly maximum) for up to 26 weeks. Long-Term Disability provides continued income protection to age 65 if your disability extends beyond the initial 26-week period.

  • Short-Term Disability: 100% of base salary for salaried employees, up to 26 weeks
  • Long-Term Disability: Income protection to age 65
  • No cost to employee for either plan

Life Insurance

Phoenix Children's provides Term Life Insurance and Accidental Death & Dismemberment (AD&D) coverage equal to one times your annual base pay at no cost to you. Supplemental life insurance and AD&D coverage is available for additional protection. Life insurance for your spouse and dependent children is also available through payroll deductions.

  • Basic life insurance: 1x annual base pay, 100% employer-paid
  • AD&D coverage included at no cost
  • Supplemental life insurance available for employee, spouse, and dependents

Flexible Spending Accounts

Flexible Spending Accounts allow you to pay for eligible healthcare and dependent care expenses on a pre-tax basis, reducing your taxable income while covering necessary expenses.

  • Health Care Spending Account: up to $3,200 annually
  • Dependent Care Spending Account: up to $5,000 annually
  • Pre-tax contributions reduce your taxable income

Student Loan Repayment

Phoenix Children's qualifies for the Public Service Loan Forgiveness (PSLF) program. As a nonprofit children's hospital, your employment counts toward the 120 qualifying payments required for federal student loan forgiveness. For physicians carrying substantial educational debt, this benefit can represent hundreds of thousands of dollars in long-term value.

  • PSLF-eligible employer
  • Employment counts toward 120 qualifying payments for federal loan forgiveness
  • Significant long-term value for physicians with federal student loans

Educational Assistance

Phoenix Children's provides tuition reimbursement for eligible employees enrolled in coursework leading to degrees or national certifications related to their position and career development. Full-time employees may receive up to $5,250 annually.

  • Up to $5,250 annually for full-time employees
  • Covers degrees and national certifications
  • Supports ongoing professional development

Employee Assistance Program

The Employee Assistance Program (EAP) is provided free of charge to all employees. You and members of your household may receive up to eight personal visits per issue per rolling calendar year. Onsite counseling services are also available for employees.

  • Up to 8 personal visits per issue per year
  • Coverage extends to household members
  • Onsite counseling services available
  • No cost to employee

Well-Being Programs

Phoenix Children's offers an award-winning well-being program focusing on physical, emotional, environmental, social, and financial wellness. New programs and opportunities are added regularly to support your individual well-being goals.

Additional Benefits

Phoenix Children's provides a variety of additional benefits to support your life outside work:

  • Child care discounts with The Learning Care Group and YMCA
  • Norton LifeLock Identity Theft protection
  • Adoption Assistance
  • Daily Pay (access to earned wages before payday)
  • MetLife Legal Plan
  • Liberty Mutual Auto and Home Insurance discounts
  • United Pet Care Discount Program
  • Various discount offerings through "The Employee Network"

The Endowment Advantage

The $2.5 million fully funded endowment attached to this position deserves emphasis. Unlike positions where endowment funds require ongoing fundraising or carry restrictions, this endowment is fully funded and ready to support your vision. The endowment provides resources for research initiatives, program development, faculty recruitment, and other strategic priorities you identify as Section Head. This financial backing gives you the freedom to pursue the innovations that will define your legacy in pediatric transplant medicine.

This compensation package reflects Phoenix Children's understanding that leading a Top 5 BMT program requires exceptional talent, and exceptional talent commands exceptional investment. The combination of competitive base salary, endowed chair funding, comprehensive benefits, and PSLF eligibility creates a total compensation picture designed to make this opportunity financially compelling for candidates from any market in the country.

© Copyright 2023 Pacific Companies. All Rights Reserved.