The starting salary range (or hiring range) for the physician role as a 1.0 FTE has been established as:
Instructor: $200,000 - $214,000
Senior Instructor: $216,000 - $232,000
Assistant Professor: $200,000 – $214,000
Associate Professor: $219,000 - $234,000
Professor: $231,000 – 247,000
Based on the current incentive plan, your total yearly compensation for full-time 1.0 FTE position will be $240,000 per year for your first two years, which is pro-rated based on actual FTE. You can increase your compensation by optimizing billing and by working additional clinical hours. The current average compensation for 32 patient-facing hours a week of clinical effort is $267,000 per year and the maximal compensation at 36 clinical hours a week is estimated at $320,000. Any salary changes will be limited to the salary setting periods, which is July 1.
In addition to .40 FTE protected time for the Clinic Medical Director role, the incumbent receives an annual administrative stipend of $17,500 which is paid out monthly. Finally, a secondary monthly stipend is provided to cover any clinical compensation loss associated with the 0.40 FTE reduction in clinical time.
The above hiring range represents the University’s good faith and reasonable estimate of the range of possible compensation at the time of posting. This position may be eligible for overtime compensation depending on the level.
Your total compensation goes beyond the number on your paycheck. The University of Colorado provides generous leave, health plans and retirement contributions that add to your bottom line.
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