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Thread: Govt offers doctors cash to stay in NZ

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    MotherBear's Avatar
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    Default Govt offers doctors cash to stay in NZ

    Govt offers doctors cash to stay in NZ
    4:00AM Monday Feb 23, 2009
    Isaac Davison

    Young doctors will be paid up to $10,000 a year in cash or as a student loan write-off to remain in the country in a new Government scheme to be announced today.

    The finer points of the voluntary bonding scheme, aimed at graduate doctors, nurses, midwives, teachers and veterinarians, will be spelled out at the Beehive this morning.

    The scheme aims to reward graduates who remain in New Zealand by writing off their student loan debt. It would focus on placing graduates in hard-to-staff areas.

    Health Minister Tony Ryall told the Herald last night that the scheme would follow National pre-election policies, but would also offer cash incentives for those who do not need student loan write-offs.

    "We have decided to widen the scope of the scheme to include students who do not use a student loan."

    More here.
    Mother Bear

    Try to bloom wherever you are planted.

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    Welshgirl's Avatar
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    I heard about this on the radio this morning, but some claim it is not enough - apparently, student doctors will be offered $50,000 if they commit to a 5 year position. The $50,000 will paid as a $30,000 lump sum after 3 years of service, then $10,000 per year for the next 2 years. And get this - the reason that some are claiming that this is not enough of an incentive is that doctors can go over to some parts of Australia (Northern Territory, etc) and earn $50,000 in 10 weeks!

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    MotherBear's Avatar
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    Default Teachers as well now

    Bonding schemes to keep doctors, teachers in NZ
    11:34AM Monday Feb 23, 2009

    The Government today announced voluntary bonding schemes to encourage more health professionals, teachers and veterinarians to work in hard to staff areas.

    Under the scheme, reported in the Herald this morning, graduates would get student cash incentives to work in understaffed areas for a five year period starting from 2011. Details included:

    * Health professionals: In the first year 100 doctors and 250 midwives and nurses were expected to be voluntarily bonded to work in areas with critical workforce shortages. Similar numbers were expected to be added yearly.

    Doctors would get $10,000 a year (after tax); midwives $3500 and nurses $2833.

    The scheme would cost $7 million in the 2011-12 year growing to $10m per annum after that.

    Teachers: Teachers would get before tax payments of $3500 a year for five years on top of their salary to work in schools and subjects with shortages.

    Payment for the first three years would be paid after the third year and annually for the following two years.

    The scheme is expected to cost $19m over three years.

    Veterinarians: Veterinary graduates who work in certain rural areas will qualify for a taxable payment of $11,000 a year.

    The first payment would be made after three years and then annually.

    The scheme is expected to cost $1.32 million in 2012 rising to $1.76 million in 2014.

    The health, agriculture and education ministers have been working with their departments on how to implement the scheme designed to keep young graduates in the country and working in areas where they are needed after completing their studies.

    Bonding would help get teachers to work in low decile schools and remote areas and encourage veterinarians to work in rural areas.

    - NZPA

    From here.
    Mother Bear

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