Blog | Monday, October 24, 2011

Why're they always picking on us?

I've heard two lectures so far this conference and both of them picked on my generation's work ethic. In a session that was mostly about compensation plans (more on that later sometime probably), consultant Jeffrey Milburn cracked this one: "The older physicians live to work. Others work to live. The younger ones say, 'What, me work?'"

But he made up for it by teasing internists as a whole, in his explanation on how to determine the appropriate payment for call coverage. Give a bunch of internists a piece of paper and then ask, "How much for you to take an extra night of call?" They'll come up with big numbers, he said. Then ask, "How much would you pay somebody to take a night of your call?" The average of those two numbers might give you the market rate.