Before you start any job, you have to sign a contract. It not only solidifies your employment status but also establishes the terms and conditions that will govern your work. Before signing on the dotted line, it is essential to carefully evaluate specific factors to ensure the contract meets your expectations and aligns with your needs.

One of the first aspects our recruiters recommend you look at before signing a healthcare contract is the type of employment classification it entails. Understanding the differences between a W2 and 1099 arrangement is crucial in managing your financial responsibilities effectively. If you’re signing on for a W2, the facility will take care of things like worker’s comp, professional liability, taxes, and more. If you’re doing a 1099, you will be responsible for those things. When it’s time to file taxes, you can owe the IRS taxes that you were not prepared for, so make sure you check what type of contract you are signing.

Our recruiters mention this a lot, but always check the pay rate, your schedule, and whatever days you requested off are listed on the contract. You need to make sure that the contract says when you’re supposed to start as well as the end date. If you have days that you need off, make sure that’s listed as well.

Another thing you should check is the cancellation policy. See how many times the facility can cancel a shift during your contract. Generally, you are not paid if your shift gets canceled, but a lot of contracts state that a facility can only cancel your shifts 3 times before they must pay for any other shifts canceled. You also want to check and see how much notice a facility must give you if they decide they want to terminate the contract.

In addition to the mentioned factors, it’s important to review other sections of the contract as well. For example, examine the scope of work and responsibilities outlined in the contract. Ensure that it accurately reflects the job position and duties you were offered and agreed upon. If any discrepancies or ambiguities exist, discuss them with the employer or recruiter before signing.

Furthermore, pay attention to any non-compete clauses or restrictive covenants in the contract. These provisions may limit your ability to work in a similar capacity within a certain geographical area or for a specific period after the contract ends. Understand the implications of such clauses and evaluate whether they align with your long-term career goals.

Signing a contract in the healthcare industry requires careful consideration of various factors. Taking the time to assess these critical aspects ensures a smoother and more satisfying contractual experience, leading to enhanced job satisfaction and financial stability. By thoroughly evaluating these factors and seeking clarification on any uncertainties, you can enter into a healthcare contract with confidence.

If you’re looking for a job and want tips on topics such as resume building, how to ace an interview, red flags to look out for, and more, read our other blogs or check out our podcast, Staffing Stat!