-
Selling call
Trying to figure out a fair rate to sell my call. Wondering how others out there do it. Do you pay per hour or per shift? Do you pay pre tax or out of pocket? Would also appreciate a range of pay rates. Thanks.
-
30 Replies
-
No one can give you those answers number wise.
Weekends ? 1.3-1.6x the daily rate. Depends on how miserable the day is too.
Same for overnights.
But it comes down to what people are willing to take in your group.
-
Our group pays based on hours worked, with modifiers for nights, weekends, etc. So, if I offer up X hours at the hourly rate, there’s a price-tag attached already.
If I get no takers, I can “sweeten the deal” by paying extra out of my pocket, but that’s rarely necessary. People want the $, and (generally) want to help valued colleagues.-
A fair rate is what your partners are willing to accept to take the call. Theres no generalized multiplier that can apply as everyones call situation, expectations and time commitments are going to vary
Simply what the market will bear
-
We get paid based on shifts worked with modifiers for weekends. So if you want to give up your weekend shift, you have to find someone to take it and they will get the money.
We have a rule that you can not offer more or less than the normal rate. They just get paid the usual rate.-
I would sell all weekend call, its actually always a great market for this. Lots of young rads want to work weekends…some do this for their permanent jobs. Lets say you work 2 weekend days a month for a year = 24 days a year. Lets say you sell your call for $3200 per day – yearly this would work out to 76,800. Over 20 years this works out to 1.536 million – You should still have plenty to retire after all this and you never worked a weekend call. The time to work is Monday-Friday when everyone else is working and nothing going on, all the fun and socializing always happens on the weekends and holidays – aim to maximize your time off during that time. You have plenty of takers for weekend and holiday call at 1-1.5x the normal rate, its worth a lot more than that to me. Once you are older sitting with a fat bank account, you cannot trade your millions for those prime year weekends and events you missed out on. You will always remember your experiences and they are worth a lot more than objects.
-
Quote from striker79
I would sell all weekend call, its actually always a great market for this. Lots of young rads want to work weekends…some do this for their permanent jobs. Lets say you work 2 weekend days a month for a year = 24 days a year. Lets say you sell your call for $3200 per day – yearly this would work out to 76,800. Over 20 years this works out to 1.536 million – You should still have plenty to retire after all this and you never worked a weekend call. The time to work is Monday-Friday when everyone else is working and nothing going on, all the fun and socializing always happens on the weekends and holidays – aim to maximize your time off during that time. You have plenty of takers for weekend and holiday call at 1-1.5x the normal rate, its worth a lot more than that to me. Once you are older sitting with a fat bank account, you cannot trade your millions for those prime year weekends and events you missed out on. You will always remember your experiences and they are worth a lot more than objects.
Great words of wisdom here, couldn’t agree more
-
Quote from striker79
I would sell all weekend call, its actually always a great market for this. Lots of young rads want to work weekends…some do this for their permanent jobs. Lets say you work 2 weekend days a month for a year = 24 days a year. Lets say you sell your call for $3200 per day – yearly this would work out to 76,800. Over 20 years this works out to 1.536 million – You should still have plenty to retire after all this and you never worked a weekend call. The time to work is Monday-Friday when everyone else is working and nothing going on, all the fun and socializing always happens on the weekends and holidays – aim to maximize your time off during that time. You have plenty of takers for weekend and holiday call at 1-1.5x the normal rate, its worth a lot more than that to me. Once you are older sitting with a fat bank account, you cannot trade your millions for those prime year weekends and events you missed out on. You will always remember your experiences and they are worth a lot more than objects.
Exactly.
A full time job without weekends is a blessing that very few of us have.Now if you can not sell all your weekends, at least sell half of them. So rather than one weekend work per month you will work one weekend every two months. The difference is huge.
-
I get people not wanting to work weekends.
I dislike them but somebody has to work weekends and if other people in your group are working theirs and yours that puts a ridiculous amount of stress on that person. That has negative downstream affects on the group as well.-
Quote from frank the tank
I get people not wanting to work weekends.
I dislike them but somebody has to work weekends and if other people in your group are working theirs and yours that puts a ridiculous amount of stress on that person. That has negative downstream affects on the group as well.
Above is so true. If you burn out your younger rads then what?
-
-
I don’t see how it’s a bad thing if two mature professionals want to transact between themselves to sell hours/shifts to one another at whatever amount makes sense to the two of them. If another member of the group doesn’t like it, he doesn’t have to do it…why try to prevent others if they want do?
Moreover, suppose for whatever reason it [i]is[/i] determined to be not allowed. How are you going to stop two rads swapping between another, and then paying one another some additional consideration under the table?-
Why is there animosity with pure market call swapping ? If you want somebody to take the shift then offer more, if not, do your part.
-
I’ve seen call shifts sell for anywhere between $2000-$5000. There is a lot of variables that can be group dependent. Is it holiday vs weekend vs evening shifts, inhouse vs at home, overnight, long shifts (12+ hrs), procedures, heavy volume? All those factors should be taken into account.
In my experience with multiple PP groups, I think the best way is to set a daily rate and weekend rate for the diagnostics shifts and another for the IR shifts. Then let the radiologists have a buy/sell market as the choose. Usually, the younger rads/associates will take the call and the older rads are happy to sell. This bumps this income of the newer guys and increases time off for older guys. If someone wants to add another $1000-2000 bonus on top of the going rate for someone to work christmas day and someone wants to take it, everyone wins in my opinion.-
We have a set pay for a shift because of people trying to game each other (one person willing to work for less because… an underpaid shift pays more than no shift).
I’d agree that market dynamics should dictate it. It is what it is. -
There really is nonsuch thing as a free market; anywhere.
Transparent market communication does not exist in a radiology group; and some use that to their benefit; at the expense of their partners. Not a culture you want to propagate amongst colleagues.
So until we regulated moonlighting, and set rates, we had some sleazy hijinks; by a minority, but unsettling.
So to protect everyone, we set a daily rate, and use that.
Way better.
-
Quote from boomer
-
I’ve seen sleazy group dynamics. But I still find it unfortunate that a rads group can’t have a basic swapping of call shifts for $ with transparency and where everyone thinks its fair.
What if you could put an annual request of how many extra weeks of vacation/call you wanted to sell or buy and then have the scheduler try to match it. This would assume there was a healthy market of buyers/sellers and a known rate for the days off. -
In my group, it really wasn’t that complicated. If you were a seller or buyer, you shopped around until a mutual price was agreed upon. Everyone sort of adjusted to the same rates after talking amongst themselves. The above makes it sound harder than it needs to be.
-
Quote from RenaissanceRad
In my group, it really wasn’t that complicated. If you were a seller or buyer, you shopped around until a mutual price was agreed upon. Everyone sort of adjusted to the same rates after talking amongst themselves. The above makes it sound harder than it needs to be.
All it takes is one sleaze bag, and it doesn’t work. At least not fairly.
We have one.
Set rates work well. Everyone knows the deal.
Still, our one morally challenged colleague tried to underpay the unaware.
The baggage we carry in PP is painful at times.
-
Quote from Overraded
I’ve seen sleazy group dynamics. But I still find it unfortunate that a rads group can’t have a basic swapping of call shifts for $ with transparency and where everyone thinks its fair.
What if you could put an annual request of how many extra weeks of vacation/call you wanted to sell or buy and then have the scheduler try to match it. This would assume there was a healthy market of buyers/sellers and a known rate for the days off.
This sounds like a good idea.
-
-
-
-
-
-
Quote from Hospital-Rad
We get paid based on shifts worked with modifiers for weekends. So if you want to give up your weekend shift, you have to find someone to take it and they will get the money.
We have a rule that you can not offer more or less than the normal rate. They just get paid the usual rate.Wise group decision.
-
True to some degree Stryker. Sometimes, the weekends are dull and working 8 hrs doesnt result in missing out on that much.
-
^^ Id rather have a dull weekend than staring at a monitor, reading too many cases and taking on liability. Well worth the money to get rid them.
Striker79 is very wise. Like this post about weekends and rvus also.
-
Why is it wise to cap what someone can offer their call for ? Everything has a price.
-
Quote from IR27
Why is it wise to cap what someone can offer their call for ? Everything has a price.
Said as someone who does not understand healthy group dynamics. Allow everything to be a pure market and there will be animosity. Groups like this end up being toxic. They will probably soon sell to PE.
-
-
-
-
Quote from drad123
Quote from Hospital-Rad
We get paid based on shifts worked with modifiers for weekends. So if you want to give up your weekend shift, you have to find someone to take it and they will get the money.
We have a rule that you can not offer more or less than the normal rate. They just get paid the usual rate.Wise group decision.
Yes indeed.
-
-
-
-
-
-
Quote from CTxraydoc
Trying to figure out a fair rate to sell my call. Wondering how others out there do it. Do you pay per hour or per shift? Do you pay pre tax or out of pocket? Would also appreciate a range of pay rates. Thanks.
Let me re-write that for you:
“I’m a brand new member on AM and I’m an RP recruiter. I only have a few posts under my belt but I put “doc” in my name so that you guys would think I’m a doctor. I’m trying to find out how much doctors make so that I can recruit better for my corporate radiology bosses. Can you tell me everything about how you pay your partners on a public online forum?”-
LOL, nailed him
CTxray? ha, so silly, no where nerdy enough for a rad here-
Nice work. Troll detected and thwarted.
-
Generally call should be reimbursed at around 1000 dollars per hour. More if you read weird studies like nucs, MR venograms and MSK MRI. Then you are talking more like 1500/hour. Also, a meal stipend, coffee with unlimited refills and a 1 hour long Asian massage should be included. Hope that helps.
-
-
-
-
Quote from CTxraydoc
Trying to figure out a fair rate to sell my call. Wondering how others out there do it. Do you pay per hour or per shift? Do you pay pre tax or out of pocket? Would also appreciate a range of pay rates. Thanks.
$250-300/hour?
