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| Locum Tenens Vs Permanent |
Still not sure if working as a locum tenens is right for you? Do you find yourself wondering if it’s best to jump into permanent practice straight after graduation? Let’s weigh the pros and cons of each of these options. Hopefully, this will put into prospective the path that best meets your needs!
Locum Tenens
Pros:
· Affords you time to explore different types of practices before deciding how you want to pursue your career.
· Lodging is often provided with contracts.
· You aren’t committed to working under one contract forever!
· Excellent salary - in some specialties, locum tenens providers can earn more income than they could in traditional private practice.
· Provides an opportunity to travel and see new parts of the world.
· Ability to focus on patient care instead of expending time and energy on administrative work.
· According to the latest research, there are close to 3 opportunities currently available for each locum tenens provider on average. Since the demand is greater than the supply, the choices available are numerous.
· Offers the opportunity to get paid, improve skills, pad the CV with experience, and network with other health care specialists.
· Freedom to negotiate your own expenses.
Cons:
· Contracts may not include total benefits.
· Working as a locum tenens may affect taxes differently than in a permanent position.
· No stability in contract work. This may not be the most secure means to an end, if you plan on settling down.
Permanent Position
Pros:
· Secure/stable with long contracts.
· Opportunity to develop real roots in a community.
· Able to make a permanent residence and have a family in the community of your choice.
· Benefits and retirement included!
· Simpler tax management.
Cons
· Limits your ability to travel.
· Salary may be less than or not as flexible as that of a locum tenens.
· Must deal with office politics, overhead expenses and administrative hassles.
· Will need to provide living and travel expenses for locums.
Hope this was a helpful prospective.
We remain, as always,
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