PracticeMatch is now conducting an Advanced Practitioner compensation survey on an annual basis to report trends in salary, sign-on bonuses, and job satisfaction by profession and specialty.
12% report receiving a signing bonus. The less experience they have, the more likely they are to have received a signing bonus, likely because SBs have become more common in recent years, when newer NPs and PAs would have more likely accepted their current position.
PAs receive SB slightly more frequently than NPs (14%
vs. 11% of NPs)
Hospital-based more frequently receive an SB than Medical group employees. (14% vs. 12%)
15% of new PAs/NPs ( ‹ 10 yrs of experience) received an SB vs. just 8% of NP/PAs with more than 20 years of experience.
Median sign-on bonus = $5,000Mean sign-on Bonus = $7,200