In this episode, I'll introduce you to a new and revolutionary job search and recruiting firm founded by physicians grown by physician referrals.
Doug GermanIt's physician to physician peer mediated job search and recruiting.
Doug GermanYou've never seen anything like it.
Doug GermanI'll show you all of the unique features of this new company and its physician founder.
Doug GermanHello and welcome to the latest episode of the Stop Physician Burnout podcast, a physician physician leadership podcast where you will learn the skills so that we can join together and lead the charge to physician well being.
Doug GermanSkills to earn the respect of your colleagues in the front line.
Doug GermanSkills to exercise true influence in the C suite and take back your job, your practice, your career and your life.
Doug GermanAll of these tools have been proven effective in my 40,000doctor physician coaching and training practice.
Doug GermanAnd if I know one thing, I know you're super busy.
Doug GermanSo let's get started.
Doug GermanIn this Black Friday edition of the Stop Position Burnout podcast, you will discover some new developments in the recruiting industry that you're not going to like where they're actually stealing part of your first year salary when you take a new position.
Doug GermanI'll also show you a new physician founded and led peer to peer recruiting and job search company and we'll talk all about the revolutionary features that are going to make you want to register right away.
Doug GermanI expect this company to be very popular in the years ahead because it takes everything that's wrong about the recruiting industry now and flips it into everything that's right.
Doug GermanCheck it out.
Doug GermanOkay, Doug German here on our Black Friday episode of 2024.
Doug GermanI'm here with Zen Chen who's the co founder of Grapevine G R A P E V Y N E, which is a new peer driven job board and recruiting service for physicians.
Doug GermanAnd it's got such a revolutionary design and revenue model.
Doug GermanYou have to hear about it and I think you're going to want to participate.
Doug GermanJust a quick note, I have no financial relationship with Zen or.
Doug GermanFine.
Zen ChenOkay.
Doug GermanI'm not being paid to share this information with you, Zen.
Doug GermanTell me what's going on in the recruiting industry that made you a and your team want to found this company now and build it in this way?
Zen ChenYeah, there's been a lot of dissatisfaction from both the employer side and the physician side with traditional recruitment.
Zen ChenIt's inefficient, it's ineffective and it's very costly.
Zen ChenAnd there's not a lot of trust with traditional recruitment when it comes to physicians.
Zen ChenSo that's where we see that timing wise, this is a really Great product.
Zen ChenLet physicians drive the process.
Zen ChenLet physicians make some money out of it too, and take that power in medicine.
Doug GermanNow, most of us know that when a recruiting company brings in a physician and they sign for a new job position, they get paid a fee for that.
Doug GermanA headhunt, we call it a headhunting fee.
Doug GermanRight, but you were telling me yesterday when we first met that there's another way that they're grabbing money away from the doctor who signed the contract behind, behind the closed door and you don't even know about it.
Doug GermanTell us about this new practice of compensating recruiters.
Zen ChenYeah.
Zen ChenSo there is a commission based structure that is a percentage of the future one year salary of the physician.
Zen ChenOftentimes that can range from 15% to 30%.
Zen ChenNow you can imagine an employer juggling how much to pay a headhunter versus how much salary to provide that future physician.
Doug GermanWell, I'm going to be a little more aggressive about stating that that's actually the headhunter stealing your first year salary and you're not going to know about it unless you ask.
Doug GermanAnd even then they might not divulge.
Doug GermanSo let's go over some of the unique features of this peer to peer referral system.
Doug GermanTell us how it works.
Doug GermanIf I want to put myself up as a candidate, tell us how it works, referring my friends, all that stuff.
Zen ChenSo I'll go through the full workflow.
Zen ChenEmployers that want to list their job with us, they contract with us.
Zen ChenAnd we actually specifically designed that job post to be tailored to that specialty, as detailed as possible, so that a physician in that specialty, when they see the job post, they have as much information as they possibly need and want.
Zen ChenAnd we include information like neighborhood walkability scores, average home values, public schools.
Zen ChenBecause we see physician jobs as closer to buying a new home than your average transferring between, let's say two remote tech jobs, so to speak.
Zen ChenOnce that job is posted, all of our members have access to see those jobs and can use either if they like it themselves apply, or if they think that they have a peer that is a good fit for it, they can click the refer button.
Zen ChenAnd just like Uber Instacart, any of these kinds of companies that have referral codes creates a personalized link for you.
Zen ChenAnd when your friend or colleague or family member sees that post, they think that they're interested.
Zen ChenBased on this comprehensive job post, they can apply.
Zen ChenAnd as they apply and go through the various milestones of the hiring process, you as the person who referred them, can actually get significant cash payouts for each Milestone what that means?
Doug GermanWhat, what are you talking about?
Doug GermanCash payments for my referral signing up.
Doug GermanAre you kidding me?
Doug GermanSo does it cost me anything to register as a potential job applicant on the site and get started?
Zen ChenWe do not have you pay to register for the site.
Zen ChenIt's absolutely free for physicians to sign on.
Zen ChenIt's a great fund.
Doug GermanIf you refer a friend and they end up, even they don't have to sign a contract if they end up taking steps in the application process, you get paid and these are your friends.
Doug GermanSo this is a true peer to peer referral network with payments to you as a participant in all stages of the process.
Zen ChenCorrect.
Doug GermanWahoo, brother.
Doug GermanSo real quick, Zen is an example of physician leadership outside of traditional clinical practice serving a need in the marketplace.
Doug GermanAnd I think that you will agree with what you just heard just now, what you just heard.
Doug GermanRegister as a potential applicant.
Doug GermanRefer friends.
Doug GermanThey step through the process, you get paid.
Doug GermanSo it's friends referring friends into specifically curated and mounted job positions done by a doctor.
Doug GermanZen, tell them what you're board certified in.
Zen ChenOf course I'm board certified in pediatrics and I'm still practicing as a pediatrician.
Doug GermanThere you go.
Doug GermanSo we got, we got a real mensch.
Doug GermanA real mensch at the, at the throttle.
Doug GermanAnd Zen is also hip deep in the practice of creating this company right now.
Doug GermanSo you're working to get people to sign up on the network, you're working to get job listings into the network growing fast.
Doug GermanAnd this is everything that's wrong about recruiting flipped on its head into everything that's right.
Doug GermanWhat do you want our people to know?
Doug GermanWhere do they need to go?
Doug GermanHow do they register?
Doug GermanHow do they refer friends?
Doug GermanWhat's, what's the skinny?
Zen ChenThe best place to go is our website, Grapevine Health.
Zen ChenThat's Grapevine spelled with a Y, G, R, a P, E, V, Y, N, E Health.
Zen ChenYou can sign up as a physician.
Zen ChenIt's verified right now by an mpi.
Zen ChenAnd once you're on the platform, you can see all the jobs that are posted there and either apply to them yourself or, or if you know someone that is a good fit, you can refer them as well.
Doug GermanSo if I refer somebody and they.
Zen ChenTake a step, you can get paid $25 right now.
Zen ChenIf they finish the interview process, you get paid 150.
Zen ChenIf they get hired, you get paid two grand.
Doug GermanSo at last you potentially have a friend in the headhunter industry because he's not hunting your head.
Doug GermanHe's trying to provide you with a quality opportunity amongst Friends and spread the network based upon friendship and affiliation with you and your colleagues in your specialty, giving you higher quality job listings.
Doug GermanIt's cheaper for the employer to fill the position.
Doug GermanYou get more of your salary back rather than stealing it off the back end.
Doug GermanAnd it's just among friends so you don't have to deal with butthead recruiters anymore.
Doug GermanRight?
Doug GermanLook at him.
Doug GermanLook at that ponum.
Doug GermanHe's going to be your buddy, get you in the network and multiplying the power of the network over time.
Doug GermanBecause I think as people understand what grapevine is, we're going to have a robust number of people in the pool of applicants and a robust number of job opportunities because it's just an easier process for the employer.
Doug GermanAnd let me just remind everybody, it's a great job market and it's only going to get better because of the collapse of the physician workforce that we're in the early stages of here in 2024.
Doug GermanSo, dear listener, let me make a Black Friday offer to you.
Doug German50% off our ideal physician job search formula.
Doug GermanOnline video training.
Doug GermanSeven short video lessons, 11 hours of CME.
Doug GermanWe teach you how to build your ideal job description, work with recruiters, interview, negotiate your contract, and onboard yourself on the far side to a new job that's at least a 70% overlap with your ideal job description.
Doug GermanClick the link, grab the training, dive in, and best of luck in your job search.
Doug GermanIt's such a good job market.
Doug GermanIf your satisfaction with your current job is less than 5 on a scale of 10, it's time to at least start interviewing because there's a better spot out there for you, I promise.
Doug GermanAnd now back to the show.
Doug GermanLet's wrap it up.
Doug GermanSo, Zen Chan Greatvine Health.
Doug GermanG R A P E V Y N E Health.
Doug GermanGo register.
Doug GermanAny last words?
Doug GermanZen?
Zen ChenWe just wanted to tell everybody that we believe this is the right way to recruit.
Zen ChenWe're driving trust, we're driving transparency.
Zen ChenWe're not selling off your data to anybody.
Zen ChenWe think that this peer to peer model is the way to bring back some of that ownership in medicine to the physician community.
Doug GermanWhat?
Doug GermanYou're not selling my data either?
Doug GermanYou mean I'm not going to get spammed as soon as I register with you?
Doug GermanThank you so much for sharing your information here.
Doug GermanThat's it for today's episode of the Stop Physician Burnout podcast.
Doug GermanWe come to you twice a week, Tuesdays and Fridays for just 10 minutes.
Doug GermanA single digestible nugget of physician leadership goodness from my 40,000 doctor coaching and training practice.
Doug GermanPlease subscribe where you get your podcast and leave us a review if you're feeling it.
Doug GermanAnd until we're together again in the next podcast, you keep breathing and have a great rest of your day.