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I did some calculations and figured up how much one would make post-residency in any military branch.
Using the sites I list at the end of this discussion, I determined someone fresh out of residency would be an O-4 with over 4 years total time.
Monthly Pay:
O-4 with more than 4 years basic pay: $4299 per month
O-4 Basic Housing Allowance with Depdendent: $988 ($859 w/o)
Variable Special Pay: $416 per month
Board Ceritified Pay: $208 per month
Basic Allowance for Subsistance: $175.23
Annual Special Pay: $15,000
Total Monthly Pay: $6,086 ($7,336 if count ASP as "monthly")
Specialties:
Emergency Medicine: $26,000
General Surgery: $29,000
Orthopaedics: $36,000
Psychiatry: $15,000
Anesthesia: $36,000
I used the specialties I'm interested in Per year, the basic pay with bonuses came to about $88,032. Of course it may vary a little depending on the residency and such. Adding in the specialty pay I get the following:
Emergency Medicine Physician: $114,032 per year
Psychiatrist: $103,032
General Surgeon: $117,032
Orthopaedic Surgeon: $124,032
Anesthesiologist: $124,032
References:
http://www.dod.mil/comptroller/fmr/07a/07A05.pdf
http://www.dfas.mil/money/milpay/pay/2004paytable.pdf
Moral the story? Don't do it for the money. If I made any errors or omissions, please correct them.
Using the sites I list at the end of this discussion, I determined someone fresh out of residency would be an O-4 with over 4 years total time.
Monthly Pay:
O-4 with more than 4 years basic pay: $4299 per month
O-4 Basic Housing Allowance with Depdendent: $988 ($859 w/o)
Variable Special Pay: $416 per month
Board Ceritified Pay: $208 per month
Basic Allowance for Subsistance: $175.23
Annual Special Pay: $15,000
Total Monthly Pay: $6,086 ($7,336 if count ASP as "monthly")
Specialties:
Emergency Medicine: $26,000
General Surgery: $29,000
Orthopaedics: $36,000
Psychiatry: $15,000
Anesthesia: $36,000
I used the specialties I'm interested in Per year, the basic pay with bonuses came to about $88,032. Of course it may vary a little depending on the residency and such. Adding in the specialty pay I get the following:
Emergency Medicine Physician: $114,032 per year
Psychiatrist: $103,032
General Surgeon: $117,032
Orthopaedic Surgeon: $124,032
Anesthesiologist: $124,032
References:
http://www.dod.mil/comptroller/fmr/07a/07A05.pdf
http://www.dfas.mil/money/milpay/pay/2004paytable.pdf
Moral the story? Don't do it for the money. If I made any errors or omissions, please correct them.