Stop Physician Burnout: Physician Leadership Skills To Help Us Lead The Charge To Physician Wellness

76. Physician Contract Update for 2024 - Termination, Non-Compete, and Bonus Clauses with Dennis Hursh

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Nov 29, 2023
Dennis Hursh, a physician employment contract lawyer who advises doctors nationwide. He discusses termination clauses and using accrued vacation during notice. He explains how non-competes affect hiring and offers tips for reasonable limits. He breaks down bonus structures, signing/repayment terms, and urges physicians to negotiate customized contracts and define their ideal job.
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ADVICE

Negotiate Termination And Vacation Terms

  • When you give notice, expect most employers to release you from duties quickly while paying your notice period.
  • Negotiate termination notice terms and ensure accrued vacation is included so you can leave earlier if needed.
ADVICE

Use Accrued Vacation During Notice

  • Get explicit contract language allowing use of accrued vacation during your notice period.
  • Take your accrued vacation now rather than letting it pile up so you don't lose access later.
INSIGHT

Market Enforces Non-Competes More Than Courts

  • A non-compete's legal enforceability doesn't guarantee employers or new hires will ignore it.
  • Markets and prospective employers often refuse to hire someone covered by a non-compete to avoid litigation risk.
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