In a survey of more than 3,400 physicians in their 20s and 30s, Medscape conducted a 2019 compensation survey of younger physicians. Respondents were asked to provide their compensation for patient care, including salary, bonus, and profit-sharing contributions (only full-time salaries were reported by partners).
The salaries for both primary care physicians and specialists have significantly increased since 2015, increasing 21.5% and 20%, respectively. The overall average this year was $313k.
So how much do younger physicians earn? Primary care physicians and specialists over the age of 40 earn considerably more than their younger colleagues. Older primary care physicians earn $60,000 more annually, while specialists earn around $64,000 more.
In 2018, the breakdown of salaries for physicians under 40 are the following:
While plastic surgeons have the highest salary, they also carry the most debt. Who else is still paying off student loans?
TOP FIVE
Plastic Surgery 74%
Pediatrics 69%
Ob/Gyn 66%
Family Med 65%
Orthopedics 65%
BOTTOM FIVE
Dermatology 45%
Internal Med 44%
Cardiology 44%
Gastroenterology 43%
Rheumatology 33%
For the full report, visit Medscape.com
