Transitioning from a third-year residency into the professional workforce is a major milestone that requires a strategic approach. Unlike fellowship tracks, which offer an additional year of buffer, going straight into the workforce demands immediate and thoughtful preparation. By following these core principles, you can navigate the complexities of the job market and secure a position that aligns with your long-term goals.
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Start Early and Stay Ahead
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The most critical piece of advice is to start early. While many residents begin their search in their third year, starting as early as your second year is recommended if you have a specific location or practice type in mind. Starting early ensures you have ample time for due diligence and prevents the pressure of making a rushed decision on a contract.
Additionally, some organizations offer resident stipends—monthly payments provided to residents who sign a contract a year or more in advance—which can be a significant financial advantage for those who feel sure about their choice.
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Define Your Long-Term Vision
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Before browsing listings, take time for self-reflection. Ask yourself where you want to be in five and ten years, and then work backward to determine what steps are necessary to reach those goals. Consider not just your professional output, but your entire life:
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- What does your ideal time in the clinic look like?
- What kind of environment will allow you to enjoy your personal life or build a family?
- Do you prefer a fast-paced environment or a slower pace focused on complex cases?
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Explore All Practice Models
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Even if you believe you are strictly interested in one path, it is vital to consider all options, including private practice and private equity. Exploring different models helps solidify what you truly want and allows you to “cross-pollinate” questions; for example, you might find an appealing aspect or “perk” of a private equity model and ask an academic program if they can incorporate something similar.
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Prioritize Your Non-Negotiables
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It is a hard truth that the “perfect job” almost never exists; you will likely have to make trade-offs. Most people can find a job that meets two or three of their primary needs, but rarely all. Determine your priorities among these factors:
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- Location: (e.g., proximity to the ocean or specific networking hubs).
- Salary: (e.g., maximizing income to fund life outside the clinic).
- Social Life (can the things you enjoy doing outside of clinic be found in that location?)
- Career Development: (Leadership positions, research support, working with industry, etc.)
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Get Organized with Data
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The job search involves many moving parts, and it is easy to confuse facts during the interview process. Utilize a centralized spreadsheet to track your journey. Your tracking should include:
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- Process Status: Color-coded stages (applied, interviewing, offer received, or declined) and deadlines for responses.
- Side-by-Side Comparisons: Create columns for each practice to compare salary, location, number of clinics, number of support rooms, and more.
- Operational Details: Note the specific types of support staff (MA, LPN, RN), EMR systems, presence of scribes, types of lasers/equipment available, available mentorship.
The list goes on!
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Conduct a “Life Interview”
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Remember, this is no longer a residency interview; it is a life interview. You must ask detailed, granular questions to understand your day-to-day existence within a practice. Do not hesitate to ask about:
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- Expected patient volume and call time.
- Requirements for research, teaching, or cosmetics.
- Whether the practice will provide procedural training on-site at no cost for skills you aren’t yet comfortable with.
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Leverage Your Network
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Dermatology is a small community, and your attendings are your greatest assets. Use your mentors to navigate the process—they often have connections at the very programs or private equity groups you are considering. You also need to identify attendings who can be your references for these positions when asked. Conversations with those familiar with a practice can reveal potential “red flags” that might be polished over during an official interview.
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Professional Contract Review
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It is essential to have your contract reviewed by a professional. While academic contracts are often standardized and difficult to change, a review ensures that there are no “unwritten” expectations that should be documented in writing. In contrast, private equity and private practice models offer the most variability and opportunity for negotiation. Hiring a contract lawyer with a focus on healthcare—and ideally dermatology—is the best way to navigate these negotiations. Regardless of the practice model, you should at minimum examine your non-compete clause and attempt to negotiate a signing bonus.
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Keep the Long-Term Perspective
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Your first job is most likely not your last. Most initial contracts are for 1-3 years, which allows you to assess if the fit is truly right for you. If it is not, you can always prepare to look for another opportunity. Just ensure you provide notice approximately 6 months prior to your contract ending to avoid any potential penalties.
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Adopt the “Prize” Mindset
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The most important psychological shift you can make is realizing that you are the prize. This is finally the time when the practice should be hoping that you like them. Be confident in the value you bring, whether it is expertise in cosmetics, a love for teaching, or a passion for research. Be straightforward about your goals and ensure the practice has the infrastructure to support them.
The path to your first job is a journey involving many meetings and significant inward thought. By staying true to your priorities and staying organized, you will find the right fit for your future practice.
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Artificial intelligence tools were utilized during the creation of this article.
