The one decision that a physician will make that weighs the most both personally and professionally is committing to a partner for marriage (or living common-law). This is relevant for most of us, since a Medscape survey in 2020 of 15,000 MDs in 29 specialties...
Recruiting talent can be a challenging task for businesses in any country, and Canada is no exception. Here are some of the main challenges that businesses in Canada face when it comes to recruiting:
Understanding your expenses and income is crucial for financial stability and planning. It allows you to track where your money is coming from (income) and where it’s going (expenses). By creating a budget sheet that outlines inflows (income) and outflows...
The Competition Bureau of Canada has recently introduced guidelines regarding the criminalization of wage-fixing and no-poach agreements between unrelated employers. The amendment to the Canadian Competition Act aims to bring the country’s competition...
In a previous blog post (“Insurance for Canadian Physicians”), I had listed disability insurance as the single most important coverage you need after you finish your medical training. The same caveats apply as before, namely that I am not a certified...
If the employee handbook answers the "What" regarding your company's culture, the policy manual delves into the "How." Let's elaborate on the benefits of having both an employee handbook and policy manuals.
We live in a time of international mega-corporations, stagnant wage growth, the shrinking middle class, growing distrust in institutions, and concerns about the "1%". At SMP we are a true partner for physicians. We believe that the key to long-term success...
Physicians are entrusted to safeguard the well-being of their patients. While they focus on helping others, it is vital that MDs protect their own peace of mind and their practices through adequate insurance coverage. Normally you wouldn’t start a blog...
Physicians dedicate their lives to providing excellent care for their patients. However, amidst their demanding jobs, it is crucial for them to take the time to understand and manage their own finances. Financial literacy is generally overlooked in...