How do locum agencies make money?
Medrecruit's service is completely free for doctors. We work with doctors across Australasia to find jobs that suit their career or lifestyle needs and then we're paid by hospitals and clinics for our services.
Clinics and hospitals are happy to pay us a finders fee because we have a huge network of doctors and we save clinics and hospitals time (and money) by taking the stress out of the hiring and credentialing process and finding them the right doctor faster.
Medrecruit is a locum agency. This is a medical recruitment agency that finds doctors work in either temporary (locum) or permanent roles.
When you begin to think about choosing the best locum agency, you have a plethora of choices. When it comes to choosing your agency it is essential that you find one who understands your wants and needs and can get you the maximum benefits.) you have a plethora of choices. When it comes to choosing your agency it is essential that you find one who understands your wants and needs and can get you the maximum benefits.
How much do locum agencies charge?
As mentioned our service is completely free for doctors.
The cost for a hospital or clinic to use a medical recruitment agency depends on several factors and is charged as a percentage of the hourly or daily rates for locum placements, or base salaries for permanent recruitment.
Many of our clients save time and money by using Medrecruit as they don't need to trawl through unqualified candidates. We already have over 70,000 vetted, talented doctors on our books.
How does locum work?
A locum doctor is a contractor who fills roles for a short period of time. These roles can be anywhere from a couple of days to a couple of months. Doctors can start locum work after PGY 2 in Australia and PGY 3 in New Zealand.
Doctors often choose to locum because it allows them the flexibility to pursue their passions, or make a lifestyle out of it and travel the country.
Are locum doctors self-employed?
Yes, as a locum doctor you are self-employed which means you contract with the hospital where you do your shift. This means you will need to pay taxes as a business rather than as an employee.
In Australia, you will need to provide an Australian Business Number. In New Zealand, you may need to register for GST.
What this also means is that you can claim tax back on expenses obtained while working like travel and food. As you will be responsible for your own finances we recommend getting an accountant when you take on locum shifts.
Interested in working as a locum doctor?
When you register with Medrecruit you get access to over 2,000 doctor jobs all over Australasia.