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Does anybody have the numbers for the lowest and highest paid physicians based on speciality as well as demographics?
thnx
thnx
Originally posted by slindsay198:
•not that the salary should matter, but here's a sight that can give you some estimates for different fields in different locals. Yahoo! Careers•
slindsay198 not that the salary should matter, but here's a sight that can give you some estimates for different fields in different locals. Yahoo! Careers
I agree with most of what you said except this sentence. You are right that there is nothing wrong with worrying about salary after years of hard work and medical education. However, I have to disagree that "we have the noblest profession." This is a matter of opinion. I think social workers do more "noble" work and are severely undercompensated. At least we get prestige and money out of our profession; they don't even get that. In addition, consider all the noble professions out there, and even "non-professions." Single mothers do very noble work-- shaping the future of a child alone and supporting them is noble in my eyes, and far more demanding than being a physician.Originally posted by bustinbooty:
•WE have the nobelest profession. We have or are going to sacrifice 12 years of our lives to make the same money as the average NY stock broker who took an easier route to bigger money, while in the mean time racking up loans that will most likely exceed our first mortgages.•
Originally posted by praying4MD: I just do not like the idea of doctors thinking that this profession is the equivalent of being Mother Theresa. I realize that is an exxageration of what you said, but I will bring it up for discussion anyway.
Originally posted by rdennisjr
Rant part two. Salery. These threads drive me batty! There is not one physician who gets through med school that is not set for life. Period. Even the lowest paid physician makes more than 95% of the rest of society. Yes, there are individuals out there that make more than any physician will ever hope to - say Michael Jordon. But that is individuals, not career fields. Yes, there are IT folks who make more. But not the vast majority of IT folks. Lawyers are the same way. Most people who graduate with a masters degree here in the midwest have a starting sallary of between 30 and 45 thousand dollars a year. Thus, when you begin your residency, you are making just as much as the majority of Masters degree students. Three years later you are in the 85-350+ range. Not a bad return on three years of additional training. Worried about loans? Do the military thing if you want (even the guard route pays large chunks of student loans). And don't sweat the loan amount folks. Live frugaly if you are concerned. One of my best buds just finished up his ED residency. Private undergrad, public med school, residency. Total debt load under 75k. Salary of over 250k for 14-9's. It works out, okay?
Do the military thing if you want (even the guard route pays large chunks of student loans).
Originally posted by MoeDaMan:
•do orthopedic surgeons get sued alot?
anybody have any info to divulge about orthopedic surgery? how comepetitive it is, how can you enter that field...that stuff... •
Originally posted by MoeDaMan:
•
[We make 95% more than the other members of society? and does 95% of the society go through 12 years of grueling schooling...dont get me wrong i love medicine, but I dont think studying for 12 years is the "Fun part of medicine"
Do the millitary thing? That doesnt even make sense? what happens if u dont like the millitary, just because it pays for the tuition I have to go into the millitary? I guess with that rationale, then some pple should become strippers because you can pay ur tuition back faster?! huh? and how do the loan numbers work out sir? if you go to a private college 30 grand a year...comes to 120,000 end of 4 years, med school another 35 each year...already totals to 250 K? and I hate to tell you this, NOT ALL DOCTORS MAKE 250 GRAND a year....I have friends who are physicians and they make less than 100,000 a year! on average around 80,000...so please tell me especially if they are married, starting a family, paying back loans and starting a mortgage on how it all works out?!
nobody, said doctors are not paid enough..and we didnt ever whine about not getting paid enough....the original thread was to get a statistic, it then became a judgemental arguement not asking about salaries since it shouldnt matter...bs, and if ur friend got a 250 grand job, good for him, can u please give me his speciality, and which hospital he works for that pay him 250 grand a year? BECAUSE THAT IS NOT A NORM
how much do sport figures get for their line of work? how much schooling do they go to? and dont give me the stuff about talents...it takes just as much talent and skill for a surgeon to operate on a child with a tumor, and there is a life at stake!!! and the highest surgeon gets paid 400 grand a year...compare that to the 100 million contracts sports figures get for the "contribution to society"...yaddi yaddi yadda....
also live frugally? have u lived in california? I lived in MN great state, two good bedroom apartment for around 800 dollars?!!?!? unheard of
I can't find a bachelor room near my school in california under 1200?! one room with no kitchen?...so explain how u can live frugally when the expenses of one state far surpass another?
if you havent gone through the process, u cant make the generalization that loans are no big deal!!! i have 7 friends who graduated from med school, during their residency they are getting paid 30, 40 grand a year...that barely covers their living expenses let alone their loans, their 250+ loans....besides it takes them an average of 5 years after medical school to be able to pay the loans back!?! so dont give me ur friend as a viable statistic...that is NOT THE norm...
after graduating from med school, interns and residents make around 30, 40 k annually, that is in their 10th year of education!!!! argh..that is silly...I get paid more now as a research assistant than I would being an intern!!! and have absolutely zero loans to pay back if i decide to go into the phd program....
and that comment about minimum wage? what kind of statement is that...do u honestly thik all minimum wage pple are risking their lives? i have had jobs as minimum wage...and waiters, desk clerks, or a fast food teller are not exactly risking their lives...that is the price of education...go to school and u will be rewarded afterwards
and that comment about fire figthers risking their lives...yes that is very noble...and I can assure you fire fighthers are not paid minimum wage...they may not get paid as a doctor yes that is true, but they dont go to 12 years of schooling...
Nobody said doctors' lives don't work out in the end. It does, and nobody said there aren't other noble professions...there are.....this arguement has deviated from my original question of salary ranges....
and please don't again mention 95% of the population doesnt make our salary....bunch of boloney....95% of the population doenst go through 12 years of schooling, and 95% of the population doesnt have a life literally on their hands....meaning surgeons...or ER doctors....it is EXTREMELY difficult and strenous to have someone's life in your hands...that amounts a huge amount of stress...
also know this physicians have the highest suicide rates among all professions! if we had it all easy, pple wouldnt be committing suidice now would they (refer to us news and world report)? we are blamed for the failing health care system, expected to fix every medical problem known to man, and then pple complaing how we are 95% better off than the rest of society..BOLONEY
have u heard of malpractice lawsuits? u make a mistake and get sued 20 million crap loads....how many fire fighters, lawyers and stock brokers have been sued to the extent of physicians?! I know the insurance pays for most of the money, but do u honestly think ur profession wont be tarnished?
yadi yadi yadi, doctors have it easy....heck no...that isnt to say other professions have it hard as well....but why compare apples to oranges...fire fighters have an extremely tough job as well, but that is not the same comparison!!!
u shouldnt compare fire fighters, police officers such professions to medicine, because it is not comparable...fire fighrers and police officers also have an extremely stressful workload...but when I made comparisons of salary...it was to lawyers, dentists and silicon valley "elite" not to minimum wage pple.....that doesnt make sense..dont compare those!!!
a periodontist with a less amount of schooling can make a 1 million dollars a year!!! since dentists price fix their own services and can charge anything they wish.....argh what does 95% of the society have to do with being a physician.....sigh....
all in all physicians have it well at the end...no one is complaining about that...however, asking a question about salary should not merit statements like "dont complain so much u have it easy" yah right.....•
Wow! After the harsh and tear jerking debate someone provides statistics! Yay! I never thought money would matter too much as long as I get to be a doctor, after all, I am used to be being "comfortably American poor" , which is not poor in any standards, but I'm used to living off of 20 grand a year.
I think it is important for future doctors to take these things into account. I was really interested to hear the Dr.s in the Midwest and south tend to make more. How much can we expect these figures to change in the next ten years with the health care system the way it is? I would like to see some projected statistics on this if anyone has them.
Does anyone know the current stats on Docs in Hawaii?
Interesting debate, thanks for the actual link.
My basic points:
2) My sister is a consultant & she works more hours than a radiologist. She is also constantly on call and travelling without any notice. She makes one-third what the radiologist does. Point: Yes, doctors work hard. So do people in every other profession. We are aptly compensated, they are not. I have no tolerance for doctors' sob stories.
Type physician salary survey into any search engine and you should get different figures.
Generally the South and Midwest tend to have the highest physician salaries, due to the least penetration of managed care.
Ironically, California, with the second highest cost of living in the country, tend to have the lowest physician salaries.
The highest paid physicians usually include: neurosurgery, cardiothoracic surgery, hand surgery, orthopedics, plastics.
The lowest (always a three way battle for the bottom): psychiatry, pediatrics, and family practice.
People keep on posting about what they think nobility is w/o actually knowing what it is, so:
do you know what accounts for the difference in range? For example a neurologist earns 116k-170k. What determines the 116 or 170, that's a pretty large range.
The really wealthy doctors are the ones who also have enough business sense to invest their money into things that will generate more cash. Banks practically throw their money at doctors b/c they know their credit is good and they will be able to pack back the loans.
General peds only, right?
You do realize that post is 7 years old, right?
Must be a record.
I completely agree with those who are offended by the judgmental types.
WE have the nobelest profession. We have or are going to sacrifice 12 years of our lives to make the same money as the average NY stock broker who took an easier route to bigger money, while in the mean time racking up loans that will most likely exceed our first mortgages.
What is wrong with being worried about salary figures? Anyone who claims to be unconcerned with their expected of future income cannot be considered financially responsible, nor has any business criticizing the rest of us who realize a simple fact:
We are becoming doctors because of universal compassion for other people (hopefully) but this does not mean that we should ignore the fact that we are also becoming doctors for a monetary purpose to support our families and to put food on the table.
No doctor should be in it primarily because of the money, nor can it be assumed that we are in it for the money when we talk about money. There are much easier professions to get into to make more than we will.
Warning: Bitch, moan, and stand on my soap box response here. Nothing is intended as a direct attack on anyone, just time for me to vent.
I normally shy away from these types of threads, but I just have to jump in this time.
First, I heartily agree with praying4md - while medicine is a respected profession, I really don't think it is "the nobelest" profession. I see this type of comment a lot - and I understand the thought process - gosh all of these years of school and debt just so I can help some poor s.o.b. Well - you need to consider some other professions. How about the 4 fire fighters just killed in the wild fires earlier this week. Do you want to tell there family that they wern't as noble as you because they didn't go to school for a bunch of years? How about the six soldiers who did in Hawaii during a training flight the same day that Dale E. died racing. Anyone remember the names of those 6? How many physicians put their lives on the line for a minimum wage job? Sorry folks, but I just don't buy this one - however, being a physician is a respectable and responsible calling. I have the utmost of respect for the work you go through to get to your goal, but it is just that - work.
Rant part two. Salery. These threads drive me batty! There is not one physician who gets through med school that is not set for life. Period. Even the lowest paid physician makes more than 95% of the rest of society. Yes, there are individuals out there that make more than any physician will ever hope to - say Michael Jordon. But that is individuals, not career fields. Yes, there are IT folks who make more. But not the vast majority of IT folks. Lawyers are the same way. Most people who graduate with a masters degree here in the midwest have a starting sallary of between 30 and 45 thousand dollars a year. Thus, when you begin your residency, you are making just as much as the majority of Masters degree students. Three years later you are in the 85-350+ range. Not a bad return on three years of additional training. Worried about loans? Do the military thing if you want (even the guard route pays large chunks of student loans). And don't sweat the loan amount folks. Live frugaly if you are concerned. One of my best buds just finished up his ED residency. Private undergrad, public med school, residency. Total debt load under 75k. Salary of over 250k for 14-9's. It works out, okay?
Go into medicince for the desire to help folks out, for the desire to heal, the challange of figuring things out, the wish to be a member of the health care team as its leader. Enjoy your education, enjoy your career. Worry about your bills, live responsible and enjoy the financial rewards that come with your choice of medicine. Life is way more than what you do to earn your paycheck. Enjoy it all.
Okay - rants over.
This has to be one of the most ridiculous posts in history. And wow, batty? WTF, are you in 5th grade.
Somebody buy this poster a beer! In my years on SDN, this is the first post on physician salaries that was 100% accurate. Athough I would advocate for putting rad onc on the highest-paid list. Physician comp, in general, is heavily influenced not only by managed care but also by the perceived desirability of living in a particular place - which is why the South indeed does have the highest compensation, and California tends to be below-average - too many docs want to locate in California. All of the pediatric specialties pay less - because many, many peds patients are on Medicaid - which doesn't pay well.Type physician salary survey into any search engine and you should get different figures.
Generally the South and Midwest tend to have the highest physician salaries, due to the least penetration of managed care.
Ironically, California, with the second highest cost of living in the country, tend to have the lowest physician salaries.
The highest paid physicians usually include: neurosurgery, cardiothoracic surgery, hand surgery, orthopedics, plastics.
The lowest (always a three way battle for the bottom): psychiatry, pediatrics, and family practice.
I say keep it going. Not much has changed in the last few years
We'll see what happens with the new pres.