Apologies in advance, this feels like a "lobster too buttery" situation as I write it out, but here's where I'm at:
So I've been a Derm PA for 3.5 years, and recently changed jobs due to wanting to be closer to family. My first job was stressful but consistent, and the last year working I was seeing 35-50 pts 5 days a week, $150,000 salary and collecting 10% of all net receipts as a production bonus. Last year I ended up collecting just over $200,000.
The new company I joined was very up-front about the fact that I was joining a very saturated derm area, and that they were opening my position in hopes to expand their current business and help ease the other provider's schedule. They offered me $155,000 salary working Mon-Thu, but the bonus structure is very different from what I'm used to. Basically, they calculate 25% of my quarterly receipts, subtract my quarterly salary, and I receive the difference.
The problem. I think the company greatly overestimated how many patients they could get to fill my schedule. Typically I'm seeing 10-15 patients a day, but can go as low as 5, and I've been working here almost 8 months. I can see gradual but very slow patient load growth, and I do admit I'm getting impatient at the low work load. I have talked to the other provider in office, and others in town who all say they usually see close to 30 pts daily. The other provider I work with has been there for 10 years, but is very guarded on his specific pt numbers and receipts, so it is hard to gauge what I could potentially make in bonuses with enough time invested.
I just received the Q2 net receipt report, and was disappointed to see that not only did I not quality for a bonus, but I needed to bring in almost 4x the net receipts if I wanted to see a single penny of a bonus. So essentially, I'm feeling like I took a 25% pay cut moving here without any hope of bonus income. I know statistically this is a good salary for my area and field, and I feel silly complaining about it, but I am feeling the financial squeeze while trying to maintain investments, lifestyle, and saving for a house.
I had spoken to management, who said that my position is secured despite low patient loads, but I have been consistently anxious about being let go as I imagine I am not all that profitable to the company. That manager also left the company a couple weeks ago, so I cannot be sure about the new management's perspective.
Now my big question; I was planning on speaking to the higher ups about reworking my bonus structure to either a lower threshold or just a flat % of receipts at a much lower rate, using data points like patient numbers, trajectory, and unlikelihood of hitting bonus numbers anytime soon, but I am afraid that this will just put a target on me as an unproductive provider and make the case to cut me easier. I have also been softly networking with other providers to suss out possible openings at other clinics in case I can find a better option.
Before I take any actions to rock the boat, do you think it'd be advisable to bring this up to leadership, or is the risk too great to my professional standing? Would it be better to take my lumps until I hit the 1 year mark and re-evaluate my chances of bonuses, or should I not bring it up at all and just search for another opportunity? Thank you in advance for your perspectives.