NCBuy Home employment resources
Handbook Profiles
 
Employment, Job Search and Career Resources Careers Home
Search for:   Match:  


Career Handbook - Physicians and Surgeons Earnings
Physicians and Surgeons
Earnings

Quick Links
Career Center Home
Industry Profile List
Job Profile List

FREE Trade Magazines

 

Earnings

Physicians have among the highest earnings of any occupation. According to the Medical Group Management Association's Physician Compensation and Production Survey, median total compensation for physicians in 2002 varied by specialty, as shown in table 1. Total compensation for physicians reflects the amount reported as direct compensation for tax purposes, plus all voluntary salary reductions. Salary, bonus and/or incentive payments, research stipends, honoraria, and distribution of profits were included in total compensation.
 
Table 1. Total compensation of physicians by specialty, 2002
   
Anesthesiology $306,964
Surgery, general 255,438
Obstetrics/gynecology 233,061
Psychiatry 163,144
Internal medicine 155,530
Pediatrics/adolescent medicine 152,690
Family practice (without obstetrics) 150,267
   

Footnotes:
(1) SOURCE: Medical Group Management Association, Physician Compensation and Production Report, 2003.

Self-employed physicians—those who own or are part owners of their medical practice—generally have higher median incomes than salaried physicians. Earnings vary according to number of years in practice, geographic region, hours worked, and skill, personality, and professional reputation. Self-employed physicians and surgeons must provide for their own health insurance and retirement.
 


NCBuy Home  |  About NCBuy  |  Affiliate Programs  |  Contacts  |  Privacy  |  Site Map  |  Link 2 Us

Copyright © 2008 NetCent Communications, All rights reserved. Terms under which this service is provided.
Data Source: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2004-05 Edition