• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Wrenne Financial

Schedule an introductory call For clients

  • YOUR EXPERIENCE
    • Our Services
    • Our Process
  • Fees
  • Case studies
    • Meet the Vamadevans – In Practice
    • Meet the Maxwells
      – In Training
    • Meet the Schmitts
      – In Transition
  • Our Team
  • FAQs
  • Blog
Featured Image How Physicians Can Negotiate Better Employment Terms

July 15, 2021 by Finance for Physicians

How Physicians Can Negotiate Better Employment Terms

Knowing the right way to negotiate is important in many people’s lives. It’s helpful in employment arrangements/contracts and has many implications, especially financial ramifications. Negotiating is a skill that can make or break your job. Happy physicians deliver better care and better outcomes.

In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks to Linda Street, a practicing physician and certified life coach who specializes in helping physicians negotiate better employment terms.

 Topics Discussed:

 Financial Ramifications: Learn how to negotiate well or deal with consequences

  • Mistakes: Not knowing what you should negotiate for to avoid burnout
  • Fear of Being Greedy: Yet, more money does not always make everything work
  • You’re Not Alone: Easy to overcome negotiation issues with some guidance
  • Simply Street MD: Everyone knows a doctor with an enviable contract…be them
  • What is an enviable employment arrangement/contract? Be your own advocate
  • Conflict vs. Choices: Anything that’s been negotiated once can be renegotiated
  • Negotiation Techniques:
    • Mindset: Advocate for yourself by knowing exactly what you want and do
    • Market: Know what you should be paid compared with others
    • Make It Happen: Get a contract that serves your desires and goals
  • Skills: Physicians negotiate with patients/others every day to reach agreements
  • Leverage: Maximize perception of loss if you’re not there to get something better
  • Pre-anticipation: Create responses for all the reasons someone says, ‘no’

 Links:

Simply Street MD

Simply Street MD Resources

Simply Street MD – Simply Worth It Podcast

Linda Street on Facebook

Linda Street on LinkedIn

Contact Finance for Physicians

Finance for Physicians

Share this post:
  • Facebook
  • Pinterest
  • Twitter
  • Linkedin

Reach out to us

admin@wrennefinancial.com

859-538-6044

Follow us dashicons-facebook-alt dashicons-linkedin

996 E New Circle Rd, Unit #270
Lexington, KY 40505

Doctors, do you know your financial vitals?

Enroll in our vitals check series to begin uncovering what yours are today.

Privacy Policy  |  Web Accessibility  |  Site Map  |  Form CRS  |  Disclosures

Copyright © 2025 Wrenne Financial. All rights reserved. Designed by Tinyfrog Technologies.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Wrenne Financial Planning LLC (“WFP”) is a registered investment adviser with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. All written content on this site is for information purposes only. Opinions expressed herein are solely those of WFP, unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made by our firm as to another parties’ informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation.