Physician Recruitment Cost Calculator
Estimate the true cost of hiring a physician including recruitment fees, sign-on bonuses, relocation, and vacancy costs. Plan your recruiting budget effectively.
Specialty & Compensation
Market average: $255,000
Recruitment Method
Incentives & Benefits
Vacancy Cost
Based on specialty average
Vacancy costs include lost revenue, locum tenens coverage, and reduced capacity. Industry estimates range from $1,000-$3,000/day depending on specialty.
Cost Summary
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Using our physician database instead of agency fees could save you:
Based on 20% agency fee vs $199/mo database subscription
View PricingUnderstanding Physician Recruitment Costs
The true cost of hiring a physician goes far beyond the recruitment fee. Organizations must budget for sign-on bonuses, relocation assistance, credentialing, and the often-overlooked cost of vacancy during the search period.
Key cost factors include:
- Recruitment Fees: Range from 1-30% of first-year salary depending on method
- Sign-on Bonuses: $20,000-$150,000 depending on specialty and market
- Relocation: Typically $10,000-$50,000 for moving expenses
- Credentialing: $3,000-$8,000 for privileging, licensing, and background checks
- Vacancy Costs: $1,000-$3,000/day in lost revenue and coverage costs
By using direct sourcing methods like physician databases, organizations can significantly reduce recruitment costs while maintaining control over the hiring process.
Reduce Your Recruitment Costs
Access verified contact information for physicians nationwide at a fraction of agency costs. Start recruiting smarter with RecruitPhysician.