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Physician Contract Glossary · Benefits & Leave

CME Allowance

A CME allowance is the money and time the employer provides for continuing medical education each year.

A CME allowance covers the cost and the time off for continuing medical education: courses, conferences, board maintenance, and travel. It is usually expressed as a dollar amount plus a number of paid days per year. It is a routine, low-friction term to negotiate up, and it protects time and money you would otherwise spend out of pocket to keep your certification current.

WHAT TO WATCH FOR

Confirm both the dollar amount and the paid days, and whether unused allowance rolls over. A CME budget with no protected time off means using vacation days to meet your own licensing requirements.

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