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[J ROD]

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After reading some posts on here, I am still a little unclear about the current situation regarding the availability and starting salary of jobs.

I really like the idea of what a pod does and want to seriously consider it.

It seems like there is a divide between the more surgical advanced pods (newer ones) and older ones.

I would love to go into an established pod practice and take it over one day.

The other thing that is bothering me is the salary discrepancies I am finding.

I see some that say the average is $160K starting in a orthro practice and mulitple offers over $130K. Then, some say you get like $60K and a percentage.

Let's say you complete a 3 year residency and are good. Can you expect to start in the low $150K and work up into the $200-250K range?

I will have my PharmD soon and want more patient contact. Considering MD/DO but I think DPM is a great option for me. But, I need to make sure the money is straight before I jump in.

How can I get "accurate" info?

What are some of you in residency or just out of it experiencing?

Appreciate some info!!

 

[jonwill]

After reading some posts on here, I am still a little unclear about the current situation regarding the availability and starting salary of jobs.

I really like the idea of what a pod does and want to seriously consider it.

It seems like there is a divide between the more surgical advanced pods (newer ones) and older ones.

I would love to go into an established pod practice and take it over one day.

The other thing that is bothering me is the salary discrepancies I am finding.

I see some that say the average is $160K starting in a orthro practice and mulitple offers over $130K. Then, some say you get like $60K and a percentage.

Let's say you complete a 3 year residency and are good. Can you expect to start in the low $150K and work up into the $200-250K range?

I will have my PharmD soon and want more patient contact. Considering MD/DO but I think DPM is a great option for me. But, I need to make sure the money is straight before I jump in.

How can I get "accurate" info?

What are some of you in residency or just out of it experiencing?

Appreciate some info!!

I guess I'm not sure what I can say that hasn't already been said. If you look at "average" starting salaries for any medical specialty, it tends to be low and I'm not sure why. I recently saw a report that said that anesthesiologists start at around 140K (yeah, right). The problem with most of these podiatry salary surveys is that they tend to use an average. These averages have been known to include full time and part time pods, resident salaries, base salaries only, associates only, etc. So you can see why the numbers are so skewed. I too was confused when I saw the numbers in some of these surveys. I would then look around at all of these pods that were doing very well.

The bottom line is that while in school and residency, I have yet to see any aquintances or friends make less than 6 figures first year out. Most have started in the mid 100's and have gone up from there.

If you're a mother and graduate from a 2 year residency and are only looking to work part time, that is great. However, they probably shouldn't include your salary in the survey!

Here is a recent article a saw on the issue:

Bethesda, MD – Students searching for the right opportunity to launch a successful career in medicine have never had more choices than they do today. But according to a recent survey by the American Podiatric Medical Association (APMA), entering the field of podiatry will guarantee graduates something many specialties cannot – one of the highest average salaries in the medical field.

The survey, which compared podiatry to five other popular professions requiring similar medical education, found that the average salary of a podiatrist is $176,000, ranking second out of six. While dentistry has the top-ranked average salary at $200,000, the dental profession also carries a substantial amount of student loan debt of $130,000, which is $20,000 more than podiatry's student loan figures.

Podiatry also sits at the top of the rankings for providing its specialists with a wide range of practice options and high quality of life both in and outside of the office. According to the APMA, the combination of a comfortable work environment, stable amount of hours worked per week and work schedule flexibility gives all podiatrists the chance for a six-figure income while still working a typical, 40-hour week.

"Podiatric medicine not only provides a comfortable salary and flexible work week, it also offers the opportunity to work with state-of-the-art medical equipment, perform life-changing surgery and help treat and manage major medical conditions such as diabetes," said Dr. Ross Taubman, president of the APMA.

 

[j0ez0r]

thanks for that post jonwill 👍

 

[J ROD]

Thanks, jonwill

What I was hoping to here! Any others please feel free to comment....

 

[superduper12]

The bottom line is that while in school and residency, I have yet to see any aquintances or friends make less than 6 figures first year out. Most have started in the mid 100's and have gone up from there.

really, six figures when starting residency?...that doesn't seem right.

 

[J ROD]

really, six figures when starting residency?...that doesn't seem right.

He is talking about first year out of residency; ie, first year as an associate pod.

 

[IlizaRob]

really, six figures when starting residency?...that doesn't seem right.

I think you should read his post again. He is referring to himself that while he was a student and resident he never came across a pod starting less than 6 figures after residency.