So I have been a medical director for a number of years, with significant administrative duties.
I have thought about moving up the ladder, and have been offered a few chief medical officer positions, albeit in locations that I am not interested in due to geographical preferences in the midwest where my family is in. I'm hoping to find a CMO position locally one day, but they seem to come by infrequently in my area.
Granted had it not been for location, I'd probably would have gone with the offers.
What I found interesting is that the chief medical officer position pays less than what my med director position pays - and I have seen a trend across numerous markets.
I have a pretty good position at this time so I wouldn't make the switch to a CMO position unless the right position came along but wanted to get others thoughts in terms of what compensation should be for a CMO ? I've seen salaries in the 300k range, which seems lowish for a CMO.
Thoughts?
I have thought about moving up the ladder, and have been offered a few chief medical officer positions, albeit in locations that I am not interested in due to geographical preferences in the midwest where my family is in. I'm hoping to find a CMO position locally one day, but they seem to come by infrequently in my area.
Granted had it not been for location, I'd probably would have gone with the offers.
What I found interesting is that the chief medical officer position pays less than what my med director position pays - and I have seen a trend across numerous markets.
I have a pretty good position at this time so I wouldn't make the switch to a CMO position unless the right position came along but wanted to get others thoughts in terms of what compensation should be for a CMO ? I've seen salaries in the 300k range, which seems lowish for a CMO.
Thoughts?