Doctors’ earnings: how do GPs rate?

Filed in: News » 2010 » 07 » Doctors Earnings How Do Gps Ra »

Website: http://www.australiandoctor.com.au/articles/58/0C06B258.asp

Date posted: 22.07.10

As quoted from Australian doctor:

By Paul Smith

GPs earn 44% less than their specialist colleagues, a landmark Australian income survey has found.

Released by the Melbourne Institute and Monash University, the survey concluded that the average annual pre-tax personal earnings of GPs was $177,883, compared with $316,570 for specialists.

Even when adjusted for age and hours worked, and other factors such as experience, the difference reduced to only 25%.

More than 2600 GPs and 3000 specialists were surveyed - including salaried doctors and those working in the private and public sector.

There were also significant gender differences, with female GPs earning 25% less than male GPs – even after the figures were adjusted for hours worked and experience. Female specialists, according to the study, earned on average 17% less than their male specialist colleagues.

The paper is one of the first to examine the determinants of doctor's income in Australia.

It said: "For both GPs and specialists, earnings are higher for men, for those who are self-employed, who do after-hours or on-call work, and who work in areas with a high cost of living.

“GPs have higher earnings if they work in larger practices, in outer-regional or rural areas, and in areas with lower GP density, whilst specialists earn more if they are a fellow of their college, have more working experience, spend more time in clinical work, have less complex patients, work in inner-regional areas.

Read the full article for more details

Here are some interesting stats it provides from the research report:

GP EARNINGS

The following figures are unadjusted for factors like age, experience or importantly hours worked.

By area

  • Major city $169,500
  • Inner regional $186,900
  • Outer regional, remote, very remote $213,200

By gender

  • Female $131,900
  • Male $214,500

By specialty

  • Specialist surgery $483,700
  • Obstetrics and gynaecology $447,200
  • General surgery $422,000
  • Anaesthesia $364,300
  • Diagnostic radiology $356,700
  • Pathology $277,600
  • Internal medicine $257,000
  • Emergency medicine $240,300
  • Psychiatry $219,800
  • Paediatric medicine $210,400
  • General practice $177,900

 


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Last modified: August 25, 2010 6:02 AM

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