News Report | August 25, 2020
Average Signing Bonus For Psychiatrists Was $24,704 During 2020
During 2020, the average signing bonus for psychiatry medical specialists was $24,704, according to a physician staffing survey. Recruiting engagement requests for psychiatrists were the third highest, behind requests for internal medicine and family practice specialists.
Across all 20 specialties, physician signing bonuses averaged $27,893 in 2020, down 15% from $32,692 in 2019. Signing bonuses for nurse practitioners and physician assistants averaged $8,500 for 2020, down 6% from $9,000 in 2019.
For the five specialties in highest demand, average signing bonuses ranged from $26,000 for internal medicine to $23,428 for radiologists. Additional details . . .