New to Partnership Payment - New rules
After introducing this new scheme, there have been problems with new partners getting their payments. Hurdles that were put in the way had been that the probationary period of fixed-profit that a lot of practices put in place when a new partner joins. This period has new partners paid a fixed salary rather than a share of the profits for a short amount of time. When these partners have gone to apply to the scheme, they've been told that they are no eligible for the payment, as they are not profit sharing and also because when do become profit sharing after their probation then they will still not be eligible as they wont be 'new partners'.
This seemed very short sighted, and did require doctors to appeal several times, to varying levels, up to the top level of NHS England. NHS England however did see common sense, that this would exclude a lot of new partners of whom this scheme is designed for. Following the change, first-time partners with a fixed share of practice profits; or who receive equal shares to other partners; or a share of no less than 10% will be eligible for the golden hello scheme. This makes it more accessible to new partners, whether they are GPs or not.
They've also made it easier for new partners to prove their partnership status, not requiring signed copies of contracts but now only needing headed paper from the practice confirming partnership status. I imagine finding original signed GMS contracts and partnership agreements was getting quite hard for new partners, and making sure they are kept safe was proving a nightmare. This hopefully will make it easier.
Another interesting point is the scheme also comes with a £3000 study bursary which can't be used on anything clinical (like a dermatology diploma) but has to go to some scheme that will help learn about running of the practice. Various courses are popping up to take advantage of his money, lasting long periods of time and likely needing the full £3000 to attend. I personally think it would be better spent towards an actual course/degree like finance, IT or management that may add some actual qualifications. Problem is that many cost more than £3000, and hard to know how it could benefit anyone. Maybe online coding course? Anyone got any good ideas where it would be best spent?
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