Almost half of physicians would take a pay cut to work fewer hours, according to a survey conducted by Medscape.
More than 15,000 physicians in 29 specialties ranging from age 25-73 participated in the online survey.
More than a quarter of physicians in each age group would give up between $20,000 and $50,000 per year in salary to work 20% fewer hours. Another third in each age group said they would give up $10,000 to $20,000 a year to work fewer hours.
The desire for more work/life balance could have many physicians considering locum tenens work. Locum tenens work can provide physicians with an opportunity to create a more flexible and balanced schedule on their own terms. According to Staffing Industry Analysts’ U.S. Staffing Industry September 2019 Healthcare Update, the locum tenens industry segment is expected to grow 4% year-over-year.
