Physician Contract Glossary · Compensation
Stated Salary
A stated salary is a fixed, guaranteed base income that does not depend on your production.
A stated salary is the simplest pay model: a fixed number, paid regardless of how much you collect or produce. It gives you income stability and a clean way to compare offers. The tradeoff is upside. A pure stated salary rarely shares the surplus your work generates, and most contracts pair it with a production bonus on top so the practice is not paying you to under-produce.
If your salary is stated with no production upside, find out how the number was set and when it gets reviewed. A flat salary with no growth path can fall behind your value fast in a busy practice.
Related terms
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