A new report reveals that most internal medicine specialists prioritize a positive workplace culture over higher compensation. The report highlights the importance of employer support and flexibility in attracting and retaining physicians.
Only about 1 in 6 internal medicine specialists believe their compensation is more important than workplace culture , according to the “2024 Internal Medicine Practice Issues Report”. Most internists surveyed said their employers also can create a positive and supportive workplace while managing patient needs and administrative tasks.
The report, based on surveys of practicing internists conducted between January and June 2024, revealed that 77% of respondents said medical employers can maintain a workplace that is consistently supportive for physicians while also meeting patient and marketplace demands. About 14% of internists disagreed with that idea, and 9% were uncertain.That addressing these factors requires coordinated efforts between employers and insurers. “I think feeling supported depends on changes not just at the employer level but also at the reimbursement level by insurers and payers,” Candler said. To foster a successful workplace environment, employers must balance administrative responsibilities with flexibility and understanding, she added. “Some of the workplace cultures that have been most successful” with internists “have acknowledged that administrative work like charting is important to patient care,” Candler said. “So we should be paid for it, but also can be handled flexibly at home, after hours, or on a schedule.” Douglas Paauw, MD, an internal medicine specialist on the faculty of the University of Washington in Seattle, said that pre-pandemic, clinicians may have taken workplace culture for granted. “Then you had the remarkable number of people retiring or leaving the profession,” Paauw said. “People felt how hard their job is when there isn’t support from friends and colleagues.” When asked if either workplace culture or compensation was more important to retain physicians, 71% of respondents said both are equally important, 16% said compensation was more important, and 12% felt workplace culture was more importan
INTERNAL MEDICINE WORKPLACE CULTURE COMPENSATION PHYSICIAN RETENTION EMPLOYER SUPPORT
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