As a physician, there are many career paths you can take. Two of the most popular options are locum tenens placement and permanent placement. Both options come with their own set of advantages and drawbacks, and making an informed decision requires a comprehensive understanding of the key differences between the two.
Who Are Locum Tenens Physicians?
Locum tenens physicians are temporary physicians who provide coverage for other physicians who are on vacation, maternity leave, or taking a sabbatical. They can also provide coverage for physicians who are experiencing a high volume of patients or who need assistance with a particular medical specialty. Locum tenens physicians are typically hired through a staffing agency, which handles their placement and compensation. This type of work can range from short-term assignments lasting a few days to longer contracts spanning several months.
Pros and Cons of Working Locum Tenens
Pros of Working Locum Tenens:
Working as a locum tenens physician or healthcare professional offers a range of distinct advantages. These flexible positions allow healthcare providers to gain diverse experiences, maintain a healthy work-life balance, and often enjoy competitive compensation, making it an appealing option for many in the healthcare field.
Flexibility in Shifts and Locations
One of the most appealing aspects of locum tenens work is the unparalleled flexibility it offers. As a locum tenens physician, you can dictate your schedule and working pattern. If weekends are off-limits or you have personal commitments, you have the liberty to tailor your schedule accordingly.
Variety in Work Settings
Locum tenens physicians enjoy the liberty of choosing where to work. If a certain hospital or department isn’t conducive to your professional growth or well-being, you can opt not to return. Similarly, if you connect well with a particular team or environment, you have the opportunity to book more shifts there.
Competitive Hourly Pay
The financial incentive of locum tenens work is a significant factor. The hourly pay rate for locum tenens physicians can often be more lucrative than that of permanent positions, especially if you specialize in a high-demand field.
Actual Compensation for Hours Worked
Unlike salaried positions, locum tenens physicians are compensated for the actual hours they work, providing a sense of fairness and accuracy in remuneration.
The administrative aspects of working as a locum tenens physician can be relatively streamlined. Many locum tenens agencies assist in managing state licenses, allowing you to focus on patient care rather than navigating complex licensing processes.
Opportunities for Travel
If you enjoy exploring new places and experiencing different cultures, locum tenens work can be incredibly rewarding. The role offers the chance to work in various regions, making it ideal for those with an adventurous spirit.
Cons of Working Locum Tenens:
Lack of Stability
The transient nature of locum tenens work means that you won’t have the same level of stability as you would in a permanent position. This can be a concern, especially if you value consistency in your work environment.
Independent Benefit Management
Unlike many permanent positions, locum tenens physicians often need to handle their own retirement plans, health insurance, and other benefits. However, some agencies do offer benefits, so it’s essential to research potential employers.
Frequent Learning Curve
With each new assignment, you’ll need to adapt to a different electronic medical record (EMR) or computer system. This can be time-consuming and may require additional effort to become proficient in each new system.
If you have a family, locum tenens work may require uprooting your loved ones or temporarily living apart from them, which can be emotionally challenging.
Limited Training Opportunities
As a locum tenens physician, you may not have the same access to formal training and continuing education programs as permanent staff.
Variable State Licensing
Obtaining licenses in different states can be time-consuming, and the process can vary significantly from state to state. However, the Interstate Medical Licensure Compact (IMLC) has made it easier to practice across multiple states.
Pros and Cons of Permanent Placement
In contrast to locum tenens work, permanent placements offer a sense of stability and continuity in your career. Here’s an overview of the benefits and drawbacks of permanent physician positions.
Pros of Permanent Placement:
Stability and Job Security
Permanent positions provide the security of a consistent income and workplace. You become an integral part of a healthcare team, fostering relationships and becoming familiar with the organization’s processes.
Many permanent positions come with comprehensive benefit packages that can include health insurance, retirement plans, paid time off, and more. These benefits contribute to your overall financial security and well-being.
Opportunities for Career Growth
Permanent positions often offer avenues for career advancement within the same organization. You can take on leadership roles, pursue specialized training, and contribute to long-term projects.
Familiarity with EMR Systems
Unlike locum tenens physicians, those in permanent positions typically work with the same EMR system, allowing for increased efficiency and reduced learning curves.
Cons of Permanent Placement:
Permanent positions may come with rigid schedules and less control over shifts, which could impact your work-life balance.
Restricted Geographical Mobility
Working in a permanent position may limit your ability to relocate easily, especially if your position is tied to a specific location.
Potential for Burnout
The stability of a permanent position can sometimes lead to burnout, especially if the workload is high or the work environment becomes stagnant.
Less Control Over Work Environment
While permanent positions offer stability, you may have less control over your work environment compared to locum tenens work.
Benefits of Working with a Locums Staffing Agency
Working with a locums staffing agency can be beneficial for both locum tenens physicians and healthcare facilities. For locum tenens physicians, staffing agencies can provide assistance with finding job opportunities, scheduling assignments, and handling administrative tasks such as billing and credentialing. For healthcare facilities, staffing agencies can provide access to a pool of highly qualified physicians who can provide coverage when needed.
How Much Do Locum Tenens Physicians Make?
The earning potential for locum tenens physicians varies based on factors such as specialty, location, experience, and the demand for their services. However, locum tenens physicians typically earn higher hourly rates compared to their permanent counterparts. According to industry data, hourly rates can range from $75 to $200 or more, depending on the factors mentioned above.
How Do You Find Locum Tenens Physician Jobs?
There are many ways to find locum tenens physician jobs. One of the easiest is to work with a locums staffing agency. Staffing agencies can provide access to a wide range of job opportunities and handle the administrative tasks associated with finding and accepting assignments. Other ways to find locum tenens physician jobs include networking with colleagues, searching online job boards, and checking with state medical societies.
Still Can’t Decide? The Solution is Easy.
The choice between locum tenens work and permanent placement ultimately depends on your priorities, personality, and career goals. Locum tenens work offers unparalleled flexibility, competitive pay, and the chance to explore new places. However, it requires adaptability, independent benefit management, and the ability to handle frequent transitions.
On the other hand, permanent placements provide stability, comprehensive benefits, and opportunities for career growth. However, they come with the potential for work-related stress, limited geographical mobility, and less control over your work environment.
As you make this important decision, consider your personal preferences, long-term goals, and how each option aligns with your values. Whether you thrive on change and exploration or prioritize stability and routine, both locum tenens work and permanent placements have their own unique merits. Whichever path you choose, remember that your professional journey is a reflection of your passion, commitment, and dedication to healthcare excellence.