Otolaryngology- Physician- Waterloo/CF- $570K + 150K Bonuses
Quick facts
- Pay
- $570K Salary Guarantee + Production Incentive, $75K Commencement Bonus
- Type
- Full-time
- Location
- Waterloo, IA
- Background
- MD / physician
- Industry
- Health and Care — 3087 open jobs
- Visa in listing
- H-1B
- Apply
- Free to apply — never pay anyone for a job offer or visa sponsorship
Job description
Employment Type:
Full time Shift:
Description:
Otolaryngology (Full-time)
Otolaryngology Opportunity
- Seeking ENT to provide comprehensive medical and surgical care to full spectrum patients
- Enjoy instant volume with state-of-the-art equipment.
- Collegial environment and professionally supportive team
- Audiologist in clinic
- Established referral patterns with large primary care base of physicians
- Clinic located on hospital campus
- H-1B cap exempt organization
- J-1 candidates accepted
Compensation/Benefits
- $570K Salary Guarantee + Production Incentive
- $75K Commencement Bonus
- $37500K Longevity Bonus after years 3 & 42
- $15K Relocation Allowance
- Employer paid malpractice and tail coverage
- Health insurance, Dental Insurance, Vision Insurance, and Life Insurance with shared premium
- 2 Retirement programs: 403(b) with employer match up to 6.5 % and 457(b) Savings Plan
- Employer paid Short Term Disability with option to purchase Long Term Disability at minimal cost
- Allowed up to 31 days off per year while on guarantee
- CME allowance of $6,000/year
- Non-profit organization which qualifies for Public Service Loan Forgiveness
Our Commitment
Rooted in our Mission and Core Values, we honor the dignity of every person and recognize the unique perspectives, experiences, and talents each colleague brings. By finding common ground and embracing our differences, we grow stronger together and deliver more compassionate, person-centered care. We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other status protected by federal, state, or local law.
Visa sponsorship record: MercyOne North Iowa
Sponsors actively| Fiscal year | H-1B LCAs | USCIS approvals | USCIS denials | PERM |
|---|---|---|---|---|
| FY2026 | 3 | — | — | — |
| FY2025 | 1 | 0 | 1 | — |
| FY2024 | — | 17 | 0 | — |
This exact kind of role (Physicians, All Other) isn't among the roles MercyOne North Iowa sponsored most often.
Roles they sponsor most
- clinical nutrition supervisor1 LCA · median $79k
- family medicine physician1 LCA · median $300k
- internal medicine residency faculty1 LCA · median $295k
- internal medicine resident1 LCA · median $74k
Which visas can work for this job
Occupation: Physicians, All Other (SOC 29-1229) — estimated from the job title.
- Mentioned in the listing
H-1B
- H-1B cap-exempt employer
Regular cap-subject employer — a new H-1B needs to win the lottery in March (unless you already hold cap-counted H-1B status).
- TN (citizens of Canada and Mexico)
This kind of role may fit the USMCA profession “Physician (teaching or research only)” — it depends on the actual duties. No lottery, no cap; you need the matching degree or license.
- E-3 (Australia) and H-1B1 (Chile, Singapore)
Same degree requirement as H-1B, but no lottery and a separate quota that is rarely filled.
- O-1 (extraordinary ability)
For candidates with awards, publications, press, a high salary or critical roles at distinguished organizations. No cap, no lottery; the employer files a petition.
Salary vs prevailing wage
Level IV (fully competent)Physicians, All Other · Iowa (state median of areas). Annual prevailing wages set by the Department of Labor (OFLC).
| Level | Prevailing wage | H-1B lottery odds* |
|---|---|---|
| Level I | $93,881 | ~15% |
| Level II | $178,006 | ~31% |
| Level III | $247,936 | ~46% |
| Level IV | $317,876 | ~61% |
This job pays $570,000 a year — that's Level IV (fully competent). In the wage-weighted H-1B lottery a Level IV registration gets 4 entries; estimated selection chance about 61% — better than average.
* Odds are DHS projections for the FY2027 wage-weighted lottery (actual results vary by year and employer). Since the FY2027 cap season the H-1B lottery is weighted by wage level: Level I = 1 entry, II = 2, III = 3, IV = 4. The level is set by the offered wage against the prevailing wage for the occupation and worksite. Separately, a $100,000 fee for new H-1B petitions for workers outside the US was announced in 2025; as of September 2026 a federal court ruling keeps it unenforceable while appeals continue — check the current status.
Sources: U.S. Department of Labor OFLC disclosure data (H-1B/H-1B1/E-3 LCA, PERM), OFLC prevailing wage data, USCIS H-1B Employer Data Hub, E-Verify participating employers. Data loaded: LCA FY2024–FY2026, PERM, USCIS Data Hub, OFLC wages; updated 2026-10-03. Employers are matched by name, so records of companies with similar names can occasionally be mixed up. This is general information, not legal advice — talk to an immigration attorney about your case.