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LocumsLab
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Run the numbers before you go locums.
Start with the calculator that matches the decision you are trying to make.
Quick Start
A guided W-2 to locums comparison for clinicians who are just starting to look.
Staff vs Locums
Compare a staff role against a locums or travel offer.
True Hourly Rate
Estimate what the offer really pays after taxes, insurance, malpractice, and travel.
W2 vs 1099
Compare employee income against contractor income without guessing.
Contract Review
Check for restrictive clauses, missing terms, and issues worth clarifying.
PRO
Market Benchmarks
Salary, malpractice, retirement, and tax context by profession.
PRO
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Share a rate anonymously and help build a clearer market picture.
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Contract Comparison
You can compare up to 5 scenarios side by side. All figures are before tax.
Untitled Scenario
Quick Start: W-2 to Locums
A side-by-side look at what each option is worth before tax, including the benefits you would be giving up.
1
Your W-22
Locums Target3
Your ResultsSTEP 1 - YOUR CURRENT W-2 POSITION
Typical range: $20,000-$35,000/year
STEP 2 - YOUR LOCUMS TARGET
CRNA locums typical range: $175-$285/hr
Most locums providers work 44-50 weeks/year
Individual market avg: $15,000-$22,000/year
Your W-2 Position
Base Salary -
Benefits Value -
Bonus -
Total value, before tax -
Locums (1099)
Gross Income -
Housing / travel stipend -
Health insurance you buy -
Total value, before tax -
These figures are before tax. W-2 and 1099 income are taxed differently, and the size of that difference depends on your full return: filing status, spouse income, state, retirement contributions, and deductions. LocumsLab does not collect those inputs and does not estimate your tax. Take these numbers to a CPA.
QUICK START SUMMARY
Your Next Steps
Staff vs Locums
Compare your current job against a locums or travel offer.
STAFF POSITION
LOCUMS/TRAVEL CONTRACT
Entered per week. Tax treatment of stipends depends on maintaining a qualifying tax home - confirm with a CPA.
Staff Position
Base Salary -
Benefits Value -
Bonus -
Total value, before tax -
Locums/Travel
Contract Billings -
Housing Stipend (annual) -
Gross Income -
Insurance + Expenses -
Total value, before tax -
Difference vs Staff -
These figures are before tax. W-2 and 1099 income are taxed differently, and the size of that difference depends on your full return: filing status, spouse income, state, retirement contributions, and deductions. LocumsLab does not collect those inputs and does not estimate your tax. Take these numbers to a CPA.
ANALYSIS
Market Benchmarks
Source: BLS May 2024 · agency postings 2026STAFF SALARY
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-
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LOCUMS RATE
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-
-
Tip:Benchmark data helps you evaluate if your offer is competitive.
True Hourly Rate
Your stated rate is not your real rate. This accounts for the costs you carry and the hours you are not paid for. Figures are before tax.
CONTRACT DETAILS
REAL COSTS TO SUBTRACT
Time traveling is unpaid - it reduces your true rate
Individual market avg: $15,000-$22,000/year
National avg: CRNAs ~$2,500-$4,000 | Physicians ~$5,000-$15,000+
Typical: $2,000-$6,000/year
Contract Rate
-
per hour
True Hourly Rate
-
after costs & unpaid time, before tax
Rate Reduction
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from stated rate
RATE BREAKDOWN
Stated Contract Rate -
Health Insurance (per hour) -
Malpractice (per hour) -
Benefits Gap (per hour) -
Travel Expenses (per hour) -
Travel Time Cost (per hour) -
True Hourly Rate -
ANALYSIS
W-2 vs 1099
Compare employee and contractor income side by side, before tax.
These figures are before tax. W-2 and 1099 income are taxed differently, and the size of that difference depends on your full return: filing status, spouse income, state, retirement contributions, and deductions. LocumsLab does not collect those inputs and does not estimate your tax. Take these numbers to a CPA.
W2 EMPLOYEE
1099 CONTRACTOR
W2 Employee
Salary -
Benefits -
Total value, before tax -
1099 Contractor
Gross -
Expenses -
Total value, before tax -
Diff vs W2 -
Get a clear email draft you can send to your CPA.
Home Affordability Timeline
Calculate when you can afford your target home
HOME TARGET
20%
6.5%
YOUR FINANCES
TIME TO AFFORD
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DOWN PAYMENT
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MONTHLY PAYMENT
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HOUSING COST / GROSS INCOME
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Principal and interest only. Excludes property tax, insurance, PMI, HOA, and other debt, so a true DTI will be higher.
Student Loan Payoff Strategy
Comparestandard vs aggressive repayment
LOAN DETAILS
6.5%
AGGRESSIVE STRATEGY
Standard Repayment
Total Interest -
Payoff Time -
Total Paid -
Aggressive Payoff
Total Interest -
Payoff Time -
Total Paid -
Savings -
10-Year Income Projection
Model gross household income growth over time. Figures are before tax.
PRIMARY INCOME
3%
2.5%
ADDITIONAL INCOME
YEAR 5 INCOME
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YEAR 10 INCOME
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TOTAL GROWTH
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CURRENT TOTAL
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Healthcare Provider Benchmarks
Typical self-employment expenses and retirement account context by profession. No tax estimates.
YOUR PROFESSION
Self-Employment Expense Benchmarks
Typical annual costs for independent healthcare providers
Total estimated self-employment expenses: - · Sources: Medical Liability Monitor 2025, AMN Healthcare/Merritt Hawkins 2025, KFF 2025
Retirement Contribution Benchmarks
Solo 401(k) vs SEP-IRA structure. Confirm current-year limits with a CPA before contributing.
Source: IRS Rev. Proc. 2024-40 (2025 limits). Solo 401(k) catch-up: +$7,500 age 50+; +$11,250 age 60-63 (SECURE 2.0). SEP-IRA pro-rata rule for Backdoor Roth was resolved by SECURE 2.0. Form 5500-EZ: Solo 401(k) balances over $250,000 require an annual IRS Form 5500-EZ filing - fines are $500/day (capped at $150,000) for non-compliance. File free at efast.dol.gov.
Quick Reference: All Professions
BLS May 2024 salaries · typical malpractice · CME allowances
| Profession | BLS Median Salary | Malpractice Range | Avg CME Allowance |
|---|---|---|---|
| CRNA | $214,000 | $6,000-$15,000 | $3,800-$4,073 |
| Physician - Hospitalist | ~$290,000 | $8,000-$20,000 | $3,800-$4,073 |
| Physician - EM | ~$345,000 | $20,000-$40,000 | $3,800-$4,073 |
| Physician - Anesthesia | ~$430,000 | $15,000-$30,000 | $3,800-$4,073 |
| Physician - Family Practice | ~$245,000 | $5,000-$12,000 | $3,800-$4,073 |
| Nurse Practitioner | $129,210 | $1,200-$4,500 | $2,083-$2,862 |
| Physician Assistant | $130,020 | $1,700-$2,650 | $2,083-$2,862 |
| Registered Nurse | $93,600 | $500-$2,000 | $2,083-$2,862 |
Sources: BLS Occupational Employment & Wage Statistics, May 2024 · Medical Liability Monitor 2025 · AMN Healthcare/Merritt Hawkins 2025 Review of Physician and Advanced Practitioner Recruiting Incentives · IRS Rev. Proc. 2024-40
Contract First-Pass Review
Upload a locums contract for a structured first-pass review of restrictive clauses, missing terms, payment language, termination provisions, and items worth clarifying before you sign.
Upload Your Contract
This is a first-pass contract review for healthcare locums agreements. It is designed to help you spot restrictive language, vague terms, and items that are missing or under-specified so you know what to ask next.
What this review covers
Non-competes and restrictive covenants
Tail coverage and malpractice terms
Termination, cancellation, and notice language
Payment timing, invoicing, and reimbursement terms
Housing, travel, CME, and credentialing details
Auto-renewal clauses and unclear obligations
Tail coverage and malpractice terms
Termination, cancellation, and notice language
Payment timing, invoicing, and reimbursement terms
Housing, travel, CME, and credentialing details
Auto-renewal clauses and unclear obligations
Contract type
PDF or Word (.docx). This feature is available for Pro users.
What you receive
An overall risk snapshot
Clause-by-clause issue review in plain language
Items that appear missing or not clearly addressed
Questions to send to a recruiter, employer, or attorney
A downloadable contract review report
Clause-by-clause issue review in plain language
Items that appear missing or not clearly addressed
Questions to send to a recruiter, employer, or attorney
A downloadable contract review report
Important
This is an educational first-pass review, not legal advice. Use it to prepare better questions and decide what should be reviewed by a qualified attorney, recruiter, or employer.
Your recent reviews
Reviews stay in your account for 30 days, then delete automatically. File names are never stored. Export the PDF if you want to keep a copy.
Review Summary
Use this as a first-pass negotiation and clarification tool before you sign.