Merritt Hawkins and AMN Healthcare laid out how signing bonuses for physicians have shifted over the last five years in their report, "Review of Physician and Advanced Practitioner Recruiting Incentives."
The report is based on 2,695 physician and advanced practitioner search engagements conducted from April 1, 2021, to March 31.
Here's how the amount of signing bonuses offered to physicians has shifted over the last five years.
|
Low |
Average |
High |
|
|
2021-2022 |
$5,000 |
$31,000 |
$400,000 |
|
2020-2021 |
$1,000 |
$29,656 |
$240,000 |
|
2019-2020 |
$2,500 |
$27,893 |
$100,000 |
|
2018-2019 |
$3,000 |
$32,692 |
$225,000 |
|
2017-2018 |
$2,500 |
$33,707 |
$180,000 |