Explore strategies to attract and retain top physician talent by aligning benefits with FMV, addressing burnout and leveraging trends like wellbeing programs and personalized rewards.

Authors: Chad Stutelberg Elijah Muirhead Meg Rector

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Healthcare employers face increasing challenges in attracting and retaining top physician talent while navigating regulatory compliance and rising costs. Physician benefits — a critical component of total compensation — must align with fair market value (FMV) standards and reflect evolving market trends to remain competitive.

In this video, Gallagher's Physician Compensation team explores balancing cost containment with competitive offerings, addressing physician burnout and adapting to shifting market demands such as value-based care and personalized benefits. Topics include:

  • Benchmarking benefits against industry standards to remain competitive
  • Incorporating emerging trends such as wellbeing programs, flexible benefits and financial planning tools
  • Aligning benefit packages with FMV to mitigate regulatory risks
  • Creating a total rewards strategy that attracts, retains and motivates top physician talent

Discover how Gallagher's data-driven approach helps healthcare organizations optimize their physician compensation philosophy, reduce turnover and enhance organizational performance. Gain actionable insights and stay ahead in the competitive healthcare landscape.

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Disclaimer

Consulting and insurance brokerage services to be provided by Gallagher Benefit Services, Inc. and/or its affiliate Gallagher Benefit Services (Canada) Group Inc. Gallagher Benefit Services, Inc. is a licensed insurance agency that does business in California as "Gallagher Benefit Services of California Insurance Services" and in Massachusetts as "Gallagher Benefit Insurance Services." Neither Arthur J. Gallagher & Co., nor its affiliates provide accounting, legal or tax advice.