Trends in EM compensation (med students read this)

[Arcan57]

Show me on the doll where Austin touched you.

It's one of the few cities in TX with any natural beauty and it knows it, to an insufferable degree.

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[ER BlueBlood]

Show me on the doll where Austin touched you.

Haha 😂

 

[GeneralVeers]

It's one of the few cities in TX with any natural beauty and it knows it, to an insufferable degree.

It has a beautiful location but not my favorite city in TX for the following reasons:
1. No nice hotels to stay. There's a dated Four Seasons and that's it
2. Homeless everywhere- that was 2 years ago pre-COVID. I can only imagine now
3. Tiny condos if you want to live downtown

The only thing kind of fun is Rainey Street which is very picturesque and set away from the rest of the city.

 

[ER BlueBlood]

It has a beautiful location but not my favorite city in TX for the following reasons:
1. No nice hotels to stay. There's a dated Four Seasons and that's it
2. Homeless everywhere- that was 2 years ago pre-COVID. I can only imagine now
3. Tiny condos if you want to live downtown

The only thing kind of fun is Rainey Street which is very picturesque and set away from the rest of the city.

The homeless situation has indeed become much much worse. One of my friends practices out there and is ready to bail which I never thought would happen.

 

[miacomet]

W2 community shop.
1-1.5 pph, decent shop with huge emphasis on metrics, but we usually meet them due to pph. Decent practice environment except for the nurses who are spoiled and extra passive aggressive. Decent nonclinical opportunities, although they don't pay well.
Continue to receive annual raises, including this year, and as someone who was hired more than a year ago I have a fully-funded pension and a 4% 401k match. Health insurance is not great because you have to stay in the system.

Next year, will I imagine, be a shock to the system, and my guess is a salary cut is nigh. If that happens I will cut down to minimum hours a month and pick up remunerated admin to pad my pension as long as I can.

But I would not want to be graduating this year or next. No way.

 

[Backpack234]

Sorry but that’s just wrong. I’ve been hearing for decades about how much salaries have dropped for various specialists but the data doesn’t back that up. See 2001 MGMA salaries where the average EM salary was around 180-200k

https://www.cga.ct.gov/2003/rpt/2003-R-0297.htm

sure, maybe some cuts here or there adjusting for inflation, and some specialties hit harder than others, more administrative bs and hours worked, but in general, salaries have only increased substantially across the board

I’ll believe a 30-50% specialty pay cut when I see it

I don't doubt that EM salaries are much higher than they were in 2001. The thing is that before medicare paid for resident salaries, residents made absolutely terrible pay. But now we all feel like residents make way too low because we've gotten used to the level of pay. Same thing with EM. Maybe 10 years ago? There were plenty of jobs that paid 300-400/hr. Now jobs are considered good if there's a 2 in the first digit, but docs are accepting jobs in the 140 range just to live in a desired city.

At this point, so many people have decided to become doctors and so many med schools have opened and so many residencies have opened that there's a sudden flood of physicians in the US. Inevitably this will lead to lower salaries. I have no doubt that at some point all of us will hear about how our bosses get so many phone calls every day from people looking for jobs. Hear that enough before your next contract negotiation and suddenly you'll have the pressure to accept a lot less.

 

[miacomet]

I don't doubt that EM salaries are much higher than they were in 2001. The thing is that before medicare paid for resident salaries, residents made absolutely terrible pay. But now we all feel like residents make way too low because we've gotten used to the level of pay. Same thing with EM. Maybe 10 years ago? There were plenty of jobs that paid 300-400/hr. Now jobs are considered good if there's a 2 in the first digit, but docs are accepting jobs in the 140 range just to live in a desired city.

At this point, so many people have decided to become doctors and so many med schools have opened and so many residencies have opened that there's a sudden flood of physicians in the US. Inevitably this will lead to lower salaries. I have no doubt that at some point all of us will hear about how our bosses get so many phone calls every day from people looking for jobs. Hear that enough before your next contract negotiation and suddenly you'll have the pressure to accept a lot less.

We had thirty applications for a part time slot.

 

[Fox800]

We had thirty applications for a part time slot.

OMG

 

[miacomet]

I should add that we receive at least two cold call CVs a week.

 

[MechEDoc]

I should add that we receive at least two cold call CVs a week.

Where are you? Denver? Minot?

 

[miacomet]

Neither. Desirable area (is Minot desirable??), but....