maximise your locum income
TRANSCRIPT
Maximise Your Locum Income
Who Am I?
• Managing Director of Beat Health
• Previously a JMO Manager, and in-house recruiter for NSW Health, International SOS, and ADF
Ground Rules and Features• This is being recorded
• Hands Up
• Ask A Question
• I can’t answer any individual career related questions
• Microphone
• Let me know if you can’t hear me at any point
Who can locum?• Appropriate medical registration
• General and/or Specialist
• The right to work in Australia
• Australian Citizen
• Permanent Resident
• NZ Citizen
• Some visas
• Appropriate qualifications/experience for the job
• Provider number considerations (Urgent + 6 month rule)
What is locum work?
• Temporary
• Covering planned or unexpected leave
• Backfilling a long term vacancy
• Fulfilling a workforce requirement
Attributes of a successful locum
•Decisive•Flexible•Honest•Organised •Adaptable •Have a plan B
Where to work?
1. New South Wales2. Queensland3. Western Australia4. Northern Territory5. South Australia6. Australian Capital Territory7. Tasmania8. Victoria
What Influences Rate?
•Supply and demand (more supply = lower rate)•Location•Timeframe (tight timeframe before shift = higher rate)
•Government Policy•Your negotiation ability•Expansion of medical facilities•The ‘Part-Timeisation’ of the workforce
Indicative Pay Rates•Sub-specialist Surgeons (especially Plastics) – $3000 per day
•Consultant Specialists – $1800-$2500 per day
•Senior (Non-Specialist) ED (e.g. CMOs) – $1600-$2000 per day
•Procedural GPs – $1500-$2000 per day
•GPs in family practice – $120-$170 per hour / 65-75%
•ED Registrars – $100-$180 per hour
•Ward Registrars – $80-$150 per hour
•RMO (Ward or ED) – $75 – $145 per hour
How You’re Paid
•Employee•Sole Trader •Pty Ltd•Agency•Combination
Added Extras
•Travel •Accommodation •Car•Mileage/Taxis/Meals•Paid Travel Time
Negotiating More
•Compare•Wait vs book ahead•Solve a problem•Establish a relationship•Compromise•Walk away•Let someone else do it
Waiting vs Booking Ahead
Booking Ahead Waiting/Last MinuteJohn books 10 x 9 hour shifts @ $120 per hour, 8 weeks
ahead.Total hours worked =
90Gross income = $10,800
Terri books 5 x 12 hour shifts @ $180 per hour, 3 days
ahead.Total hours worked =
72Gross income = $10,800
Working Patterns
•Depends on location, job, etc•Locum work is often the work that others don’t want
•Can range from a few hours, to months or years
•Most common is a 4 weeks on, a couple of weeks off
Getting Ready
•Know what you want (job/location/timing/money)•Have clear dates in mind (including when you can’t work)•Decide on some concrete rules/boundaries•Are you being realistic?•Use a diary/calendar to track your work•Talk to your partner/family•Talk to your accountant•Get your documents together•Make sure you have the appropriate registration category •Decide whether to work with an agency
Finding Shifts
•Friends/colleagues• Job websites •College job pages•Call employers•Agencies
Locum Agencies
•You don’t need an agency if you are in a candidate-rich specialty/area
•Consider an agency if there is an obvious shortage•Beware ‘shift lists’•There’s not always a huge variation in jobs•An agency should provide you with job options, negotiate, and help with logistics
•Talk to a few agencies, then decide on one•Agencies are paid as a percentage of your rate or a set fee
Locuming FAQs
•Can I work as a locum in Sydney or Melbourne?•Can your agency accept references/police check/etc from another agency?
•Can I fly earlier/later so I can explore the area?•How long before I want to locum should I contact an agency?
•How much does an agency cost me?
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