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What about Income

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How much do you need and how much do you want?

This is my first income question for every client. It's elemental to your SOAP note and a critical decision factor in identifying the right career path from your Career Diagnosis™. 

Just like medicine, different businesses and specializations have different income levels.

Unlike medicine, these can vary widely based on the specific companies. Medical incomes are based generally on a national average or standard. IM's in Georgia make about the same as those in Oregon. The hiring competition for physicians is generally seen as a nationally focus activity. That may or may not be the same in the nonclinical field you choose. 

Outside medicine, you could be Executive Director of a foundation and make $500k annually or with another foundation you might find $50k their top salary.

So, don't pre-judge expectations by industry. First decide what you want to be doing, and then seek specific businesses or organizations that will meet your income expectations. Here's a tip, at https://guidestar.org you can find income and salary information for nearly every nonprofit organization in the U.S. 

For for-profit companies, online job searches will generally reveal their salary ranges/scales. 
BUY THE BOOK ... My book represents an essential implementation guide for any physician planning to transition to a nonclinical career. From Resume Development to Stump Speeches, Networking Development and Meeting/Interviewing Management... all the tips, tricks, insights and specific how-to's you'll need. Buy it on Amazon HERE: 

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  • Finding Your third_Evolution
  • What's Out There?
    • What Is the Right Job For You?
    • Career Action Steps
    • What About Income
    • Consulting
    • Executive Leadership
    • Healthcare/Medical Policy
    • Physician Entrepreneur
    • NonProfit
    • The Truth About Recruiters
    • I don't have a Medical License - Now What?
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