Practical Tips For Using Signing Bonuses In Physician Compensation Packages


We have recently noticed a distinct upturn in the use of signing bonuses to attract physicians in high-demand specialties and geographic areas.  Apparently, this anecdotal evidence has also been substantiated by statistical evidence, as described in a recent American Medical News article (http://www.ama-assn.org/amednews/2011/06/06/bisf0609.htm), which indicated that the majority of physician hires now receive signing bonuses as part of their compensation packages.

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IRS 2011 Exempt Organization Workplan


Recently, the Internal Revenue Service (“IRS”) Exempt Organizations (“EO”) division released their FY 2011 Workplan.  Within the body of the 29 page document, the IRS EO identified five overreaching IRS focus areas:

  1. Impact of Recent Legislation
  2. International Focus
  3. Medical Residents
  4. National Research Program – Study of Employment Tax Returns
  5. Non-filer Initiatives
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the Healthcare Reform Act impacting providers, employers and physicians.

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The opinions expressed on this blog are those of the author and are not to be construed as legal advice.