What's up guys my name is John. I'm an emergency medicine Physician Assistant
and on today's video I'm sharing with you guys not one, not two, but three new grad
salary breakdowns and I'm talking about Physician Assistant students here,
just graduated from PA school they're excited to get their new job and get everything rolling.
I got three of them.
And this video is so important because
as a new grad you just spent so much time studying and you want to make sure that you
get a really good offer and you're not taken advantage of in your first job.
Now, there's a lot of factors to consider, I'm going to back them up with data so don't worry.
I'm primarily using the 2020 AAPA salary report, this video is being done in 2020.
Let's get started. I'm not going to waste any time.
I got an offer what do you guys think it's $83,000 for Manhattan outpatient primary care practice,
40 hours a week, malpractice included without tail coverage.
No 401k matching.
50% health insurance plan paid.
I was hoping to be paid 104 as a new grad it's still under the average
according to AAPA salary report for the specialty, location, and new grad status.
You are definitely correct this is a horrendous offer nurses in New York City can get paid more
than $83,000 a year and here are a few of the key things that I want to highlight about why
this offer just sucks according to the 2020 AAPA report this is the bottom 10 percentile of
primary care salaries the 50th percentile for new grad in primary care is $95,000.
Here's the biggest factor Manhattan my own father wanted me to work
and live in Manhattan. He works in Manhattan right now as we speak
and the thing about Manhattan is the cost of living adjusted cost of living.
By state New York is actually the 50th state.
It is the worst.
The only place that beats New York and New York City is Washington DC and
last I checked that's not a state at least, not yet, right?
So New York is the worst state for cost of living for PAs an $83,000 salary in New York.
I did the math is $61,634 dollars and 60 cents before taxes.
This salary is horrible everything about this offer is horrible there's no tail
coverage either and there's no 401k match I don't care how great the job is
it is not worth it as a new grad PA to take this offer.
Hypothetically what type of offer would have to come through for you to take this job honestly
these people aren't even missing you by like five thousand dollars they're missing you by like
fifteen or twenty thousand dollars, okay?
So I think that the disparity between where they're coming at
and where you want to be is too great for you to take this job. I would honestly look elsewhere.
General surgery two-year contract
gave me a verbal offer: ninety thousand dollars a year.
7AM to 5 PM and on call every other weekend
mostly or and rounding in a heavy populated metro area in the south
Biggest hesitation is that there is a two-year contract at a fixed pay of
ninety thousand dollars and I think a PA salary goes up significantly after your experience.
I agree, a PA salary within the first one to three years it does go up significantly because
you're going from zero years of experience to at least one year of experience doing this, right?
Most things were non-negotiable and pretty much this is the offer take it or leave it.
This company seems to pursue new grads so I'm worried about getting into a situation where
they take advantage what do you guys think and then here are the benefits: medical,
dental, vision premiums covered for individual.
Optional life and long-term / short-term disability insurance.
A 401k match up to six percent
That's pretty good.
Paid holidays, ten days, paid time off, three sick days, three bereavement days
Reimbursement for malpractice insurance
Renewal license, up to a thousand dollars for CME.
So what are my thoughts on this offer?
I mean the benefits seem pretty you know standard three days bereavement all that
type of stuff is standard working every other weekend on call kind of sucks but hey,
I work in an ER and I work every other weekend in the ER so, I mean, I get it.
Ninety thousand dollars for a new grad, it's not the worst salary but I mean let's put into
perspective here they're having you work 50 hours a week, right? And the thing about surgery too is
the hours are always so uh variable you know they want to lock you in on a salary because
some days you might leave early and some days you might leave a lot later. Honestly I'm not really
liking the offer for two reasons one them locking you into a two-year contract employers want to
do this so that way you stick around but then if you don't want to stick around for two years for
whatever reason now you're locked into a contract on one end you could say okay look at least I
have you know two years of experience under my belt and i could always go somewhere else 90k
for your first year okay maybe but then it should definitely be 95 or even 97 something higher for
the second year and then you have to consider if they're locking you in at 50 hours of work a week
according to AAPA on page 97. zero to one user experience at the 25th percentile is $95,000
and at the 50th percentile for surgery is $101,000 so they're coming in a little bit under
kind of what a new grad should be getting in surgery but not to mention at 50 hours a week it's
not really great for 90k at 40 an hour as a PA you'll be earning 100k at 50 hours a week you are
definitely more valuable than $40 an hour to this practice I mean regardless of the fact that you're
a new grad. I don't know about this offer, I mean if you're desperate take it but in a scale of zero
to ten this offers like maybe a four or five honestly. All right, offer number three what do
we got new grad job offer hospital medicine. Hey y'all, I received a formal offer for a position
I'm pretty excited about hospitalist internal medicine position covering patients variety of
settings community patients corrections patients on a locked unit chronic ventilator dependent
service occasional consults blah blah blah medicine service staffed by multiple attendings
and approximately a dozen apps underserved urban patient population once oriented and up to speed
will be independently responsible for 8 to 10 patients daily with consultation from in-house
attending and fellow apps as needed Monday to Friday hours roughly 8a to 4p 40 hours a week
expected to cover four weekends per year rotating holiday coverage salary is a hundred and fifteen
thousand dollars a hundred and fifteen thousand dollars take that job take the job state pension
plan 457b deferred compensation retirement plan two weeks of paid time off 11 paid holidays three
paid personal days per year I will ask about a CME allowance and they're asking what is a good CME
allowance a good CME allowance would probably be about fifteen hundred two thousand dollars
anything over two thousand dollars very good two weeks of paid time off I know some pas are getting
three four weeks of paid time off and that's great for them I think for a new grad getting two
weeks of paid time off is fine especially with 11 paid holidays and the fact that you are getting a
hundred and fifteen thousand dollars for this new grad position obviously you have to take step back
look at the work environment is it a good learning environment for a new PA. I mean, eight to ten
patients to be responsible for as a new grad I think it's definitely doable. I think you'll
definitely learn a lot from this experience and I also think that this employer isn't trying to take
advantage of you and from your listing at least you're not locked in in the contract or anything
that's a very good new grad offer that's a solid 9 or 10 on a scale, right.
I would definitely take that job.
Hopefully guys you got a little bit out of this video from the three offers the first one
being absolutely horrible the second one being a little better but I'm not too excited about
that and the third one just being a slam dunk out of the park. Guys, if you like
videos like this please consider subscribing to my channel I'm going to be doing more
PA new grads salary reviews I'm going to be talking about how much pas make if you got
any questions leave them down below maybe you disagree with my analysis and I want to hear
if you want to send me a job offer to review check out the video description down below for
how to message me and guys honestly have a great rest of your day stay safe out there. Bye bye.