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Do Drs get pay by the hrs they work or, do they have a specific salary?

Discussion in 'Medical Students - MD' started by Dr. FS, May 14, 2000.

  1. Dr. FS

    Dr. FS Member 10+ Year Member

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    Apr 28, 2000
    New York City
    A friend of mine asked me a question that i've never thought about it, and i couldn't give her a straight answer. ok, here it is.

    Do Doctors get paid by the hour, or do they have a specific salary written in a contract.

    if it is a specific salary-what happens if the Dr. has to work over-time(does he get paid for those Hrs?)

    thank you in advance......

    Dr. FS

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  3. turtleboard

    turtleboard SDN Advisor 10+ Year Member

    1,594
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    Jun 3, 1999
    New York, New York
    I think that, generally, doctors are salaried employees of large healthcare conglomerates.

    I don't think overtime is an issue, and I doubt it's covered. I've worked with EM physicians who sometimes will stay after their shifts have long since been over, just to wait to hear about a patient's status and I don't think they were compensated for that.

    Welcome to medicine. [​IMG]


    Tim of New York City.
     
  4. Navy Corpsman

    Navy Corpsman Junior Member 10+ Year Member

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    Apr 12, 2000
    It generally depends on the setting. Some get paid hourly, but these are rare exceptions rather than the rule. As for overtime, it depends on whom you are working for--some civilian physicians working for the military are making a killing when they work overtime, especially OB/GYN specialists.

     
  5. medic

    medic New Member

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    May 13, 2000
    Hey there FS, It mostly depends on the hospital you work for. The doc's that I work with are on an hourly pay (around $70 to $150 an hour) not too bad huh (er physician).

    Say, this post makes me wonder even more...I posted a reply to your volunteer question (I'm sorry, I was kinda preaching); just remeber to question your motivation. If you are into the money aspect only, go into investment banking (now that's some bucks). I realize that money is a part of it and this question is a very valid part of researching the options.

    I just want you to know that none of the replies by me are meant to be mean or put you down in anyway. I am sure that you do work very hard and money is constantly on your mind (as is everyones, it's hard to pay the bills with love or whatever hehe) but anyway look at my other post to you and read it in good will. Good luck to you!
     
  6. Carbon Klein

    Carbon Klein Senior Member 10+ Year Member

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    Apr 22, 2000
    If you go into private practice, then you make whatever your patients pay you. I know a cosmetic surgeon that makes $1500-2000 an hour. That figure is an average of ~3 hours, including the pre-op consultation (usually free) the cosmetic procedure and the two or three follow-up appointments (which usually lasts only about 5-15 mins). From my personal experiences, I'd estimate the average client starts at about $5000! Many clients usually only have the one procedure, however, some do return for more work to be done. Procedures can run upwards of $10,000! Can you believe it? By the way, this comsmetic surgeon only does elective surgery, no skin grafts for burn victims or anything like that. He does 100% of his surgeries in his office OR.
     
  7. Carbon Klein

    Carbon Klein Senior Member 10+ Year Member

    242
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    Apr 22, 2000
    I guess I should mention that in order to make that level of money, you must be well reputed. He is a professor of plastic surgery at the University of Miami and a graduate of the University of Maryland. Yes, he's board certified and he has received numerous awards for his work. Although, he is quite young (in his 40s).
     
  8. mermaid

    mermaid Member 10+ Year Member

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    May 6, 2000
    Kansas
    I've heard of ER doctors getting paid by a combination. like a salary of so many dollars per year and then on top of that they get paid by the hour. So that way you would actually get paid more with the more hours you work.
     
  9. Fiona

    Fiona Member 10+ Year Member

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    Mar 20, 2000
    Plymouth, Devon, UK
    Well, that's how it works in the UK as far as I know. You get paid a set salary for working so many hours, and any hours on top of that are paid extra by the hour. It then gets really complex depending on whether it was ordinary overtime (something took longer than expected), on-call overtime where you had to work and on-call overtime when you didn't actually get called etc... The table for working out your pay is impossible to understand without a degree in maths!
     
  10. Brit Girl

    Brit Girl Junior Member 10+ Year Member

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    Feb 22, 2000
    Southampton, UK
    Not to mention that in UK hospitals it is cheaper after 10pm at night to hire a junior doctor than it is to hire a porter or cleaner. [​IMG]
     
  11. A lot of doctors (now declining) have there own PA group in the hospital and do no work for the hospital but are the hospital's group(eg. Anethesiology group not paid by Hosp. but represents the hospital.) Almost all Radiologists get paid on commision in there own PA which is a good thing.
     
  12. wooo

    wooo Senior Member 10+ Year Member

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    Aug 2, 2000
    USA
    I have heard the same as mermaid. The ER docs in my area get paid an annual signing bonus of somewhere around 100-150 thousand, and then about $40 per hour, with a minimum number of hours expected.
     

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