When you are comparing nurse practitioner jobs, one of the characteristics that you will want to consider is the fringe benefit package that each job offers, as this will be a part of the compensation that you will receive for your professional services.
Learn about health insurance options offered by your employer or potential employer. One of the benefits of working in the medical profession is that you have access to medical care at work. Some clinics offer their employees free services through their clinic, and other NP employers will offer official medical insurance. There are several different types of medical insurance programs that an employer can offer to an NP. When you are comparing the value of a health insurance policy offered by your employer you will want to examine the deductibles, services provided under the plan, limitations, co-payments, what the deductibles are, as well as how much of the premium is covered by your employer.;
Learn about the life insurance policies that are offered. Some employers will offer their employees accidental death and dismemberment policies. These policies pay you or your beneficiaries in the event that you are accidentally killed or disabled due to a physical dismemberment.;
Learn about retirement plans offered to NPs. An employer can offer you a variety of retirement plan options. There are SIMPLE IRAs, 401(k)s, and profit share options for retirement plans. For more information about retirement plans you should talk to your company’s personnel department, or talk to the retirement plan’s representative or service agent.;
Learn about special perks offered to employees. There are many types of fringe benefits that can be offered to NPs that don’t fall under retirement or insurance. For example a medical facility can offer reduced-cost meals to their employees in the cafeteria, free memberships to a gym, discounted or free medical services, etc.;
Learn about vacation and sick leave. Another type of fringe benefit that NPs should learn about are vacation and sick leave policies. When examining the vacation and sick leave policies for a company look for how paid time off is accumulated, what you need to do to request time off, how long the earned time off is valid for, what the pay rate is, etc. Also look for information about what holidays you get off with pay, and what their unpaid leave policies are.
Most of the information about fringe benefits offered by a company will be included in the company’s personnel manual.;
If your interviewer doesn’t mention compensation and fringe benefits during your interview you will need to ask about these things.;
Many companies are willing to negotiate with highly qualified NPs about fringe benefits and compensation rates.
Not every company will offer a retirement plan.;
Not every company will offer health insurance.;
Fringe benefits may only be offered to full-time employees.
For definitions and explanations of fringe benefits visit http://www.wikipedia.com.