Orthopedic Surgeon Salary

Highest paying medical specialties in 2019

DO orthopedic surgeons make a lot of money? Orthopedic surgeons make an awful lot, too. They are guaranteed an average base salary of $521,000, according to the Merritt Hawkins data. These specialists earn an average of $453,000, not including production bonuses or benefits.

Four years of medical school, plus a minimum of five years of residency, is mandatory for anyone who hopes to become an orthopedic surgeon, and it’s typical to also do a fellowship focused on a specific type of orthopedic surgery, such as foot and ankle surgery, according to experts.

A pediatrician is a general practice doctor for infants, children and adolescents, ages 0 to 17. Similar to a general practice doctor for adults, pediatricians go through eight years of education before beginning their residency, which lasts three years. After this, they are eligible to practice pediatrics.

Top 19 highest-paying doctor jobs

1. Pharmacist. National average salary: $104,180 per year.
2. Podiatrist. National average salary: $111,339 per year.
3. Optometrist. National average salary: $119,386 per year.
4. Primary care physician.
5. Pediatrician.
6. Obstetrics and gynecology physician.
7. Oncologist.
8. Internal medicine physician.

Competitive programs that are the most difficult to match into include:

• Cardiac and Thoracic Surgery.
• Dermatology.
• General Surgery.
• Neurosurgery.
• Orthopedic Surgery.
• Ophthalmology.
• Otolaryngology.
• Plastic Surgery.

Here is our list of the top 10 happiest doctor specialties according to work-life balance and personality:

1. Family Medicine.
2. Diagnostic Radiology.
3. Dermatology.
4. Anesthesiology.
5. Ophthalmology.
6. Pediatrics.
7. Psychiatry.
8. Clinical Immunology/Allergy.

The 10 Lowest-Paid Specialties

• Pediatrics $221,000 (down 5%)
• Family Medicine $236,000 (up 1%)
• Public Health & Preventive Medicine $237,000 (up 2%)
• Diabetes & Endocrinology $245,000 (up 4%)
• Infectious Disease $245,000 (steady)
• Internal Medicine $248,000 (down 1%)
• Allergy & Immunology $274,000 (down 9%)

Now the majority of doctors, 55-61% are millionaires.

10 Countries With The Highest Doctors Salaries In The World

• Australia.
• Netherlands.
• Belgium.
• Ireland.
• United Kingdom.
• France. Average yearly salary for a specialist – $149,000.
• Switzerland. Average yearly salary for a specialist – $130,000.
• Denmark. Average yearly salary for a specialist – $91,000.

As can be seen from Figure 2, the median US doctor earns more than the median UK doctor, by something in the range of $20,000. However, the median US doctor also earns less than around 25% of UK doctors.

On average in the UK in 2018, doctors earned £41,494 and solicitors earned £53,100, according to ONS data. Yet he insisted, “the top 5 per cent don’t even work, because they’re rich, right, so they don’t even pay income tax, they’re not employees”.

Lowest-paying country for doctors (specialists): Cuba – $804 (£617) average salary. Cuban doctors are the world’s worst-paid. Boasting the world’s lowest patient to doctor ratio, Cuba has a glut of doctors and specialist physicians receive an annual salary of only $804 (£617).

The major attraction, apart from the beautiful weather, people and lifestyle has been income – Australia offers the highest paid doctors roles for UK doctors. Depending on seniority, British doctors can earn as much as 50% more in places like Sydney and Brisbane.

The top five highest paid specialities in the UK are:

• Plastic surgery.
• Trauma and orthopaedic surgery.
• Neurosurgery.
• Otolaryngology.
• Cardiology.

Junior Doctor Salaries in Australia Annual salaries for trainee doctors in Australia start at $45,000 and can reach as high as $115,000. This basic salary assumes a working week of 38 hours, however most Junior Doctors work more than this and therefore get additional rates calculated as overtime.

Highest Paid Surgeons In Australia FAQ Neurosurgeons get paid the most as many of you might have guessed. They earn well over half a million dollars per year in Australia.

The top ten earners in Australia are:

• Surgeons – $394,303.
• Anesthetists – $386,065.
• Internal medical specialist – $304,752.
• Financial dealer – $275,984.
• Psychiatrist – $235,558.
• Other medical practitioners – $222,933.
• Judicial or other legal professionals – $188,798.
• Mining engineer – $184,507.

The approximate starting salary for a JMO in NSW in 2017 is above $64,000 (excluding overtime). Once a GP, you can make around $300,000 a year without sacrificing your lifestyle, working 9 to 5, five days a week.

According to Medscape, the highest-paying specialty in 2020 is orthopedics, with an average compensation of $511,000, while public health and preventive medicine and pediatrics are tied for the lowest-paying specialty, with an average compensation of $232,000.

The average resident salary in 2017 was $57,200, compared with the average pay of $247,319 for licensed medical doctors, with a specialty in internal medicine. The lowest-paid residents are in family medicine. They earn an average of $54,000, while residents in emergency and internal medicine make $55,000.

How Much Do Doctor Jobs Pay per Week?

About half of physicians surveyed have a net worth under $1 million. Half are over $1 million (with 7% over $5 million). It’s also no surprise that the higher earning specialties tend to have the highest net worth’s. Younger doctors tend to have a smaller net worth than older doctors.

Highest paying occupations: 20 occupations with the highest median annual pay….Highest Paying Occupations.

According to the BLS, the average hourly wage of a doctor is roughly $89. The hourly wage is higher for some specialties and lower for other specialties. Anesthesiologists average about $113 an hour, surgeons average about $111 an hour, internists average about $91 an hour, and pediatricians average about $81 an hour.