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Pay them their worth and provide a healthy, productive work environment where they have QUALIFIED AND DEDICATED support staff (In the quantities they need to do their job safely for their patients) and they will have no desire to leave. Many physicians, and employees in general, will stay at a job for the same and sometimes even slightly less pay, if the other work conditions are excellent. Non competes have always been solely for the benefit of the hospital, period! Any “investment” in a physician from recruiting etc. is quickly recouped, so this argument is a joke. Be a great employer and you will retain great employees…it’s just that simple.
It is remarkable that every hospital administrator or lobbyist keeps parroting the phrase about “investing in the doctors”. What business out there doesn’t spend time, money, and energy to recruit the best people possible? This is going to be a big wake up call for hospitals to join the real market economy.
Any non-compete agreement in a free market system devalues the employee and stifles competition. Unless the company has made a significant and expensive investment in training, maybe you can require a payback for leaving a job after a set period, but not a non-compete.
For any job it is anti-free market and stifles competition.
Let’s be honest, these agreements have nothing to do with keeping the Doctors and everything to do with keeping their patients (and really just the patients’ money.) I completely agree with those above that hospitals need to be held to the market standards that other industries are, and create a work environment where doctors want to stay.
Eliminating the practice nationally, Busch said, could save health care consumers about $148 billion annually.
Who is Busch?