What career or financial advice would you give to current urology residents? We posed this question to urologists who filled out our Urologist Compensation Survey and compiled 50 of the responses below. You will notice that some of the advice is repetitive, which simply means it was given multiple times. That might be the advice to pay most attention to!
One thing that I’m passionate about is financial education. It is difficult for me to advise urologists on jobs without throwing financial strategies in there as well. One concept that I think is fundamental is understanding the answer to this question: What is the difference between an asset and a liability?
I wanted to take a moment to review the different players you might encounter during your job search. In-House Recruiters In-House recruiters are employed by
Proper disability coverage can protect you and your family in the event that you are unable to work for an extended period. What should urologists know about disability insurance?
The topic of contracts and compensation comes up a lot. There are various strategies around compensation, but many of them revolve around Relative Value Units or RVUs. You have no doubt heard about RVUs in some context. But what are they and do they matter? Here I break down how RVUs are calculated and how they impact your paycheck.
You’ve made it through med school and are knee-deep in residency — what comes next? Asset protection. You may be laughing to yourself thinking that asset protection is for the wealthy and all you have to show for your medical education right now is a pile of student debt, but remember a young urology resident or fellow’s greatest asset is likely his or her future income! It’s vital to be as prepared as possible for the unexpected. Let’s take a deeper dive into what type of insurance you should have and why you need it.
We have built an anonymous urologist compensation survey and database that will be a free resource for urologists, residents, and fellows. Our goal is to get to 1000 responses by July 1, 2022. We realize this is an enormous goal, but we believe it’s a worthy cause and hope you will, too. We will need your help to get the word out.
The first few years after residency or fellowship can set the tone for your financial future, and we want to help you make the healthy and productive money moves that will give you more confidence right out of the gate.
Here’s the guide all new urologists shouldn’t be without.
As urologists, we’ve spent decades in academic settings. We’ve obtained multiple degrees, worked in labs, published papers, and spent thousands of hours working and training at an academic medical center. Many residency programs do not provide much exposure to the world of private practice urology, so interviewing for private practice jobs may feel daunting and unfamiliar. To start, here are some questions to consider as you go into a private practice interview.