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Specialist contracts

November 1, 2005
James F. Wilson, DVM, JD

How are contracts for specialists different from contracts for generalists?

How are contracts for specialists different from contracts for generalists?

"Specialists see a more robust compensation and benefits package," says Jim Wilson, DVM, JD, president of Priority Veterinary Management Consultants in Yardley, Pa. "Their salaries are usually higher than most generalists. And board-certified specialists in fields with a short supply of doctors, such as opthamalogists, neurologists, and cardiologists, see even higher salaries." Other differences exist, too, he says:

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  • While generalists paid on production receive 18 percent to 22 percent, specialists usually receive 23 percent to, occasionally, 40 percent of production, depending on the specialty.

  • Board-eligible specialists often receive four to six paid weeks off to study for their boards, with salary increases after passing.

  • Continuing education allowances are generally around $2,500 a year with five paid days off for specialists versus a $750 to $1,000 allotment and three days off for general practitioners.

  • Specialists receive 15 to 18 days of vacation and personal time versus 10 to 15 days for generalists.

  • Some specialist contracts require employers to purchase equipment essential for success within the specialty.

  • "Well-drafted contracts usually have restrictive covenants, prohibiting specialists from working in a radius of 10 to 50 miles, and preventing them from soliciting veterinary practices that refer, for example, two or more clients per year," Wilson says.

Dr. James F. Wilson

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