Gametime24 Posted July 18, 2011 Report Share Posted July 18, 2011 Hey, I've been doing a lot of searching online and found some conflicting resources about things such as salary, hours, benefits, etc. I know this is a bit premature to be wondering about these things as I am just applying to medical schools in the next year or two, however, I would still like any info you all can give me! I'm mainly looking for a breakdown of a few different specialties. For example, what starting salaries are and what salary you might expect after working 5-10 years. What kind of work week you have (ie hours, weekends, on call, etc) and what kind of benefits packages you get (vacation, dental, etc, vs providing your own in private practice) and how long the residency period is for each. The fields I am interested in are: General Surgery Thoracic/Cardiovascular Surgery Urology Orthopaedic Surgery Ophthalmology Otolaryngology Dermatology I know it's a lot to ask! But any information that I get is greatly appreciated Link to comment Share on other sites More sharing options...
Gametime24 Posted July 18, 2011 Author Report Share Posted July 18, 2011 My comp told me there was an error with the first post, so I re-did it, now I have two of the same thread... Sorry! Link to comment Share on other sites More sharing options...
Lactic Folly Posted July 18, 2011 Report Share Posted July 18, 2011 One reason that there is conflicting information is that these variables are highly dependent on your particular practice e.g. case mix, and the more you do, the more you make. If you are looking for information on residency programs, check out http://www.carms.ca . Link to comment Share on other sites More sharing options...
thatonekid Posted July 18, 2011 Report Share Posted July 18, 2011 My comp told me there was an error with the first post, so I re-did it, now I have two of the same thread... Sorry!lol. That's ok; it's easily fixed. Link to comment Share on other sites More sharing options...
Stahs Posted July 19, 2011 Report Share Posted July 19, 2011 I think you can find some of the info you're looking for and other interesting stuff on this page: http://www.cma.ca/index.php/ci_id/53559/la_id/1.htm Look at the pdfs for whatever specialty you want. Link to comment Share on other sites More sharing options...
tigars53 Posted July 19, 2011 Report Share Posted July 19, 2011 I also found this thing pretty useful: https://forms.rbc.com/mrguide/download-guide.asp Link to comment Share on other sites More sharing options...
lostintime Posted July 19, 2011 Report Share Posted July 19, 2011 What's the general range of internal med? Like the average is ~ 297k, but I'm sure interventional cardiologists can probably make like 800k while more office-based specialties probably like < 200k? Link to comment Share on other sites More sharing options...
rmorelan Posted July 19, 2011 Report Share Posted July 19, 2011 What's the general range of internal med? Like the average is ~ 297k, but I'm sure interventional cardiologists can probably make like 800k while more office-based specialties probably like < 200k? Only one example but the general internalist I knew in St Thomas - standard practise - was over 300K. Family medicine docs earn more than 200K now if done in a moderately structured way. Link to comment Share on other sites More sharing options...
Gametime24 Posted July 20, 2011 Author Report Share Posted July 20, 2011 Both of those links look really helpful! Thanks everyone! Only other main thing I'm still looking for is the average overhead for the different specialties, for example, I've heard that ophthalmologits have quite high overhead, but nothing on what percentage of their salary is lost to overhead, etc. So any insight to the overhead costs of the specialties would be awesome (I know that this can vary a lot, however, I'm just looking for general numbers right now) Link to comment Share on other sites More sharing options...
hking03 Posted July 22, 2011 Report Share Posted July 22, 2011 Both of those links look really helpful! Thanks everyone! Only other main thing I'm still looking for is the average overhead for the different specialties, for example, I've heard that ophthalmologits have quite high overhead, but nothing on what percentage of their salary is lost to overhead, etc. So any insight to the overhead costs of the specialties would be awesome (I know that this can vary a lot, however, I'm just looking for general numbers right now) General numbers for overhead: vary depending upon city and type of work. The guideline is 20-40% of gross salary, but this would level off at a certain point. Moo put up a post a while ago about overhead... It was a good one. I'd say, just guessing that overhead will probably be somewhere in the neighborhood of 100-200k depending upon specialty... That's just a very uneducated guess... Link to comment Share on other sites More sharing options...
cheech10 Posted July 22, 2011 Report Share Posted July 22, 2011 200K would be extremely high overhead. Maybe for a plastic surgery clinic doing ORs outside of a hospital? Otherwise can't think of anything that high. There may be occasional large capital outlays (radiologist buying a new machine, dermatologist buying a new laser) but 200K per year on an ongoing basis seems quite high. Professional fees (OMA/equivalent, CPSO/equivalent, CMPA, +/- RCPSC or CCFP) are about 3-5 K per year. Office space depends on your needs, maybe 50 K at the high end with a large clinic? And a secretary for 30 K. Those would be most of it. Some might need a nurse, but that would likely be shared or for limited time. 100 K seems about average, but variable among specialties. Link to comment Share on other sites More sharing options...
Gametime24 Posted July 23, 2011 Author Report Share Posted July 23, 2011 200K would be extremely high overhead. Maybe for a plastic surgery clinic doing ORs outside of a hospital? Otherwise can't think of anything that high. There may be occasional large capital outlays (radiologist buying a new machine, dermatologist buying a new laser) but 200K per year on an ongoing basis seems quite high. Professional fees (OMA/equivalent, CPSO/equivalent, CMPA, +/- RCPSC or CCFP) are about 3-5 K per year. Office space depends on your needs, maybe 50 K at the high end with a large clinic? And a secretary for 30 K. Those would be most of it. Some might need a nurse, but that would likely be shared or for limited time. 100 K seems about average, but variable among specialties. Thanks for the info! Nice to have a lil better of an idea of what it would cost. I'll take a look around for the post that was mentioned as well! Link to comment Share on other sites More sharing options...
medguy5367 Posted July 24, 2011 Report Share Posted July 24, 2011 Any idea for the salary range of a typical Canadian Psychiatrist? Thanks! More than family medicine at least, I am guessing? Link to comment Share on other sites More sharing options...
Renin Posted July 24, 2011 Report Share Posted July 24, 2011 Any idea for the salary range of a typical Canadian Psychiatrist? Thanks! More than family medicine at least, I am guessing? Depends. Psychiatrists are one of the lowest paid specialties. Don't go into it for the money. Link to comment Share on other sites More sharing options...
rmorelan Posted July 24, 2011 Report Share Posted July 24, 2011 Depends. Psychiatrists are one of the lowest paid specialties. Don't go into it for the money. Yeah Psychiatrists have great lifestyle but not exactly high pay. Link to comment Share on other sites More sharing options...
Renin Posted July 24, 2011 Report Share Posted July 24, 2011 Yeah Psychiatrists have great lifestyle but not exactly high pay. You could definitely make more as a GP. Link to comment Share on other sites More sharing options...
NLengr Posted July 24, 2011 Report Share Posted July 24, 2011 You could definitely make more as a GP. By great you mean superb. Link to comment Share on other sites More sharing options...
bloh Posted July 24, 2011 Report Share Posted July 24, 2011 You'll hear different things from different people. Some are saying that shrinks get paid quite well if you know what you're doing. I'd say the golden rule of thumb is that you'll get paid as much as you're willing to work. Link to comment Share on other sites More sharing options...
Renin Posted July 24, 2011 Report Share Posted July 24, 2011 The golden rule is - Procedures = $. No procedures in your specialty? Less $. Link to comment Share on other sites More sharing options...
moo Posted July 24, 2011 Report Share Posted July 24, 2011 Procedures also mean more risk and stress, which is why I'm not in a procedural based specialty. Link to comment Share on other sites More sharing options...
Doctor_Strangelove Posted July 25, 2011 Report Share Posted July 25, 2011 The golden rule is - Procedures = $. No procedures in your specialty? Less $. Basically this. Annddd this: Procedures also mean more risk and stress, which is why I'm not in a procedural based specialty. Link to comment Share on other sites More sharing options...
lostintime Posted July 25, 2011 Report Share Posted July 25, 2011 You can totally get paid more for being a crummy doctor. One can argue that if you're truly money hungry, you're more likely to see more patients in less time and boot them outta the door. Like my mom's specialist who triple books and cancels spontaneously when he/she is overwhelmed---- after people have already taken days off work. The doctor who actually spends a lot of time doing a comprehensive physical and listening to the patient sure isn't making a lot. I've seen psychiatrists who spend like 15 min on a new consult...They're making a lot, but at the expense of patient care. Link to comment Share on other sites More sharing options...
Lactic Folly Posted July 25, 2011 Report Share Posted July 25, 2011 That's sad. Link to comment Share on other sites More sharing options...
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