Doctors considering a change in employment must look to their employment contract signed at hiring to determine what, if any, guidelines or restrictions exist when terminating employment. A physician employment agreement (PEA) often contains a termination clause regarding what steps are necessary to terminate employment: a non-competition agreement stating any limitations on where a physician can work and; any repayment obligations a physician will have related to hiring bonuses and incentives.
Physician Termination Clause
The contract between a physician and their employer often includes details regarding the termination of employment. A physician employment agreement typically ends when the:
A. agreement term expires
B. a physician declines to renew a PEA
C. or a physician exercises a termination clause during the term of the PEA, often just a matter of providing the required notice.
Physician Non-Compete Agreements
Non-Compete agreements are typically entered into as part of the hiring process to protect an employer from an employee taking their training and skills to a competitor. A non competition agreement is limited to a specific period of time, in a defined geographic area. Violations of a non-compete agreement will result in legal consequences so it is important to work with an experienced employment law attorney before signing a non compete agreement or if there is a violation of the terms.
Repayment of Physician Hiring Incentives
Physicians may be offered certain perks under a physician employment agreement to attract and keep their employment. If a physician terminates a PEA early, they may be required to pay back any signing bonuses they received, student loan forgiveness, or even moving expenses. It is important to review the PEA contract to determine what repayment is required before terminating employment.
Contact an Employment Law Attorney for Help Today
If you are a medical professional, it is worthwhile to visit an employment law attorney to review your PEA before signing it or if you are considering terminating employment while under contract. The employment law attorneys of Alan C. Olson & Associates can help negotiate your employment contract during the hiring process or help you if you are in violation of a physician employment agreement. Contact our offices today at 262-785-9606.
