- Joined
- Sep 21, 2005
- Messages
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- Reaction score
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Since this is always such a popular subject, I thought I'd post some exerts from the Young Member Salary Survey in 2005. I actually spoke with a member of the committee shortly after it was released. He said he thought that it was a fairly accurate survey but it was still probably a little on the low side. The actual document is PDF and can't be posted and I'm not copying/pasting that much! Here are some of the more pertinent questions:
2. How many years have you been in practice?
Years Frequency Percent
1 138 21.3%
2 171 26.4%
3 146 22.6%
4 107 16.5%
5 69 10.7%
6 10 1.5%
7 5 .8%
8 1 .2%
Total 647 99.5%
Missing 3 .5%
12. Which type of position do you currently hold?
Associate 254 39.2%
Independent contractor 53 8.2%
Partner small group (<3) 93 14.4%
Partner large group (>3) 28 4.3%
Solo practitioner 153 23.6%
Multidisciplinary group 43 6.6%
Other 24 3.7%
Total 648 99.7%
Missing 2 .3%
15. How did you find your current position?
Classified 80 12.6%
Word-of-mouth 201 31.7%
Residency program 108 17.0%
Head-hunter 8 1.3%
Other 238 37.5%
Total 635 97.7%
Missing 15 2.3%
18. What is your annual gross income (excluding
benefits)?
Under 30,000 24 3.8%
30,001-50,000 68 10.8%
50,001-75,000 132 21.0%
74,001-100,000 141 22.4%
100,001-125,000 76 12.1%
Over 125,000 189 30.0%
Total 630 96.9%
19. If you are an associate, what type of compensation do you receive?
Salary only 54 14.6%
Salary + bonus 220 59.3%
Income based on collections only 82 22.1%
Income based on billing only 15 4.0%
Total 371 57.1%
Missing 279 42.9%
22. Has there been a change in your income level over
the past year?
Increase 441 71.8%
Decrease 42 6.8%
No change 131 21.3%
Total 614 94.5%
Missing 36 5.5%
It also goes on to show that those with more surgical training tend to make more and that those in multi-specialty groups and large pod groups tend to make more than others as well. #15 shows that we find our jobs the same way that most docs find jobs (ie not classified ads or job postings). I always laugh when people say "I don't see any job postings for podiatrists."
2. How many years have you been in practice?
Years Frequency Percent
1 138 21.3%
2 171 26.4%
3 146 22.6%
4 107 16.5%
5 69 10.7%
6 10 1.5%
7 5 .8%
8 1 .2%
Total 647 99.5%
Missing 3 .5%
12. Which type of position do you currently hold?
Associate 254 39.2%
Independent contractor 53 8.2%
Partner small group (<3) 93 14.4%
Partner large group (>3) 28 4.3%
Solo practitioner 153 23.6%
Multidisciplinary group 43 6.6%
Other 24 3.7%
Total 648 99.7%
Missing 2 .3%
15. How did you find your current position?
Classified 80 12.6%
Word-of-mouth 201 31.7%
Residency program 108 17.0%
Head-hunter 8 1.3%
Other 238 37.5%
Total 635 97.7%
Missing 15 2.3%
18. What is your annual gross income (excluding
benefits)?
Under 30,000 24 3.8%
30,001-50,000 68 10.8%
50,001-75,000 132 21.0%
74,001-100,000 141 22.4%
100,001-125,000 76 12.1%
Over 125,000 189 30.0%
Total 630 96.9%
19. If you are an associate, what type of compensation do you receive?
Salary only 54 14.6%
Salary + bonus 220 59.3%
Income based on collections only 82 22.1%
Income based on billing only 15 4.0%
Total 371 57.1%
Missing 279 42.9%
22. Has there been a change in your income level over
the past year?
Increase 441 71.8%
Decrease 42 6.8%
No change 131 21.3%
Total 614 94.5%
Missing 36 5.5%
It also goes on to show that those with more surgical training tend to make more and that those in multi-specialty groups and large pod groups tend to make more than others as well. #15 shows that we find our jobs the same way that most docs find jobs (ie not classified ads or job postings). I always laugh when people say "I don't see any job postings for podiatrists."
