SVS encourages participation in compensation survey

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The survey, which launched at the 2023 Vascular Annual Meeting (VAM), has already seen significant participation from members

The Society for Vascular Surgery (SVS) is encouraging members to participate in the 2024 Compensation Survey, a key initiative designed to provide vascular surgeons with tailored insights into compensation, productivity and practice data. This effort, conducted in collaboration with Phairify—a web-based data collection and visualization platform—aims to help SVS members make informed career decisions by offering exclusive access to detailed information that is specific to their specialty and practice situations.

The survey, which launched at the 2023 Vascular Annual Meeting (VAM), has already seen significant participation from members, with 22% completing the survey by the end of 2023—exceeding the initial 20% target.

As 2024 progresses, the SVS is urging both new participants and those who took part last year to update their data to ensure the most accurate and up-to-date information is available.

The survey, designed with busy physicians in mind, takes approximately 15 minutes to complete. It is fully anonymous, allowing participants to provide information without concerns about privacy. The survey covers a wide range of topics, including compensation, call frequency, productivity, bonuses, benefits and practice settings, among others.

Members can use this data to compare their financial situation with their peers across various demographics, such as geographic location, gender, race, age and practice type (academic vs. private practice).The platform’s focus on privacy and security ensures that all data is de-personalized and inaccessible to any external agencies.

Participation in the survey also unlocks additional benefits for SVS members. Upon completing the survey, members gain access to comprehensive benchmarking data, allowing them to review their compensation and productivity relative to peers. The initiative was developed in response to ongoing requests from SVS members for more transparency and data-driven insights into vascular surgery compensation. The SVS Financial Compensation Task Force, responsible for overseeing the work, worked closely with Phairify from January 2023 through May 2023 to design the survey.

The survey is open to all SVS Active and Early Active members residing in the U.S. Participation is free, and the data is completely anonymous. Once a sufficient number of responses (a minimum of 10) are collected for a given data field, participants gain immediate access to the compensation benchmark data.

Visit vascular.org/Compensation.

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