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>Granted, the salary will probably hit $200k with some years of experience More if they're specialty and/or surgical. One of the side effects of most hospitals
by commandar 12y ago
>Granted, the salary will probably hit $200k with some years of experience
More if they're specialty and/or surgical. One of the side effects of most hospitals being organized as non-profits is that they have to disclose the compensation level of their five highest-compensated, non-board/officer employees. I know at my hospital (mid-size, 250k metro area, ~$35k median income) that number ranges from $750k-1.2M.
Granted, most doctors aren't making anywhere near that, but it was pretty surprising to me when I looked up our 990 out of curiosity. I do think an MD, especially a specialist, stands a much better chance of making that sort of money than any given software engineer, though.
- judk 12y agoThose top 5 have nothing to do with doctor salaries. The top 5 at any software company of 1000+ engineers to better than that.
- deleted 12y ago[deleted]
- commandar 12y agoIt specifically surprised me because we're not a huge hospital in a particularly large market. We're a good hospital, but we're by no means renowned. If you want that, you drive a couple of hours north to a number of the best (inter)national facilities available. tl;dr - I suspect that there are more doctors as a percentage of that workforce earning, say, 400-500k+ than there are software engineers doing the same.
- will_work4tears 12y agoI dunno, I saw some statistics that put the median salary of a GP at 130k. That's in the Seattle Metro area too. Certainly some of the top make much more, but there are obviously programmers that make 400k too, but I can't expect that myself, or say that if you are a programmer you'll likely make that much.
- commandar 12y agoTo put some context on this, we're also a city with a heavy banking presence and reasonable salary ceiling for a software engineer here is 100-110k. Our facility does not draw nationally, and even regionally would rank good but far from best. My point is more along the lines that I was surprised that these docs could draw that sort of salary in this particular market (and not that they don't deserve it). It was more or less along the lines that these are good, but perhaps not exceptional, docs in a market where wages are typically lower than the national norm. EDIT: And I'll note that I did specify specialists/surgeons for a reason. I'd expect GPs -- and most docs at my facility -- to earn significantly less than that. What I was getting at is that a specialist MD in a small market could expect to earn more than an above average developer in most markets. i.e., the doc absolutely has a harder path to their profession, but if they specialize beyond GP, they have a greater likelihood of return than your average specialist software engineer to compensate for it.
- nilkn 12y agoApologies for deleting my post--I hadn't realized it had received replies when I deleted it. You're completely correct that the top earning physicians (mostly surgeons) can make seven figures or nearly so. I was referring only to family physicians, where $170k-$200k really is a realistic salary (even with several years of experience).