New research results from Jackson Physician Search and MGMA confirm that physicians who completed residency or fellowship in the past six years spent less than two years on average in their first job before leaving, compared to practicing physicians of all ages who spent an average of six years in their first job.
The same study revealed that, while physicians-in-training rated compensation (50%) as their most important need in a first position, the driving motivator to leave that first job was practice ownership/governance (35%), indicating a substantial shift in priorities.
The new report – Early-Career Physician Recruiting Playbook – reflects feedback from physicians and administrators across the nation. The survey sought medical group administrators’ and physicians’ unique views on the top factors influencing residents and fellows to accept and remain longer in their first jobs to inform better physician recruitment and retention strategies.
