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(#1)
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diametric
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![]() fuzzles.
Posts: 577
Join Date: May 2007
Location: Sydney
Studying: UWS MBBS I
Sex: Male
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So whenever I come across a thread on how much doctors earn, it tends to be riddled with a lot of confusion, uncertainty and at times, false information. So I thought it might be a good idea to provide some definitive answers for both medical students and prospective medical students, because I know it was definitely something I wanted to know as a med hopeful, but had to go around digging to find the info myself.
So these are the rates of pay for NSW medical officers, perhaps people from other states could dig around their own state awards and post the salaries paid in their home town: (as of 2010) Intern: $56,021 Resident, 1st year: $65,664 Resident, 2nd year: $72,222 Resident, 3rd year: $81,800 Resident, 4th year: $88,802 Registrar 1st year: $81,800 Registrar 2nd year: $88,802 Registrar 3rd year: $95,832 Registrar 4th year: $102,582 Senior Registrar: $115,339 source: http://www.health.nsw.gov.au/resourc...d_salaries.pdf |
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(#2)
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Kyle
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![]() Loose as a Dr on 19/12/11
Posts: 1,246
Join Date: Feb 2007
Location: Western Sydney.
Studying: MBBS IV UWS
Sex: Male
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Career medical officers are not specialists, by definition they have no specialty and are not working towards one. Staffy salaries are a bit complicated, they're worked out in a table by year, level and private practice allowance.
15 months 'til graduation. |
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(#3)
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n33b
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![]() Roflcopters
Posts: 521
Join Date: Feb 2008
Location: Hobart
Studying: MBBS II
Sex: Male
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From what I hear, the figures you hear about are full-time equivalent. In reality, interns for example have a much bigger "opportunity" (not sure what to call this, because I don't know if they really have a choice...) for working many extra hours, and this can bring up the pay a fair bit (especially with higher rates). Don't quote me on this though, maybe one of the seniors here would give more accurate info, though it's been done to death already :P.
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(#4)
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Kyle
Offline
![]() Loose as a Dr on 19/12/11
Posts: 1,246
Join Date: Feb 2007
Location: Western Sydney.
Studying: MBBS IV UWS
Sex: Male
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Don't be fooled by the staff specialist rates listed in the award, sure it seems comparatively low starting at $137,263, but all staffies add 17.4% special allowance to base salary, and (with the exception of level 5 specialists) all staffies add a private practice allowance of almost $30k or more, or if on a level with private practice (levels 2-4) have minimum drawing rights supplementation to at least that amount, and as far as I can see MORE.
Long story short, even though it says salary is $137,263, even the lowest level 1, first year as a specialist, full time staffy is taking home a minimum of $179131, or close enough to $180,000 as to make no difference. Progression is also rapid, so that this theoretical newly minted specialist who stays on level 1 (the lowest level of pay except level 5, which is a special case), progresses to $221053 as a minimum pay by 5th year. Senior Staff Specialists have a minimum of $242,014. All of these minimums are without any managerial allowance. 15 months 'til graduation. |
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(#5)
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Season
Offline
![]() Posts: 895
Join Date: Mar 2007
Location: Canberra
Studying: UNSW MBBS III
Sex: Female
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hmm sounds odd, I know the reg in my area all get at least 100, 000. I don't think they're 4 year regs either. As they were joking that if they didn't use a certain drug (which had limited evidence to back it up) they could afford another reg. Perhaps this was factoring in overtime??
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(#7)
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diametric
Offline
![]() fuzzles.
Posts: 577
Join Date: May 2007
Location: Sydney
Studying: UWS MBBS I
Sex: Male
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From what I hear, the figures you hear about are full-time equivalent. In reality, interns for example have a much bigger "opportunity" (not sure what to call this, because I don't know if they really have a choice...) for working many extra hours, and this can bring up the pay a fair bit (especially with higher rates). Don't quote me on this though, maybe one of the seniors here would give more accurate info, though it's been done to death already :P.
Don't be fooled by the staff specialist rates listed in the award, sure it seems comparatively low starting at $137,263, but all staffies add 17.4% special allowance to base salary, and (with the exception of level 5 specialists) all staffies add a private practice allowance of almost $30k or more, or if on a level with private practice (levels 2-4) have minimum drawing rights supplementation to at least that amount, and as far as I can see MORE.
Long story short, even though it says salary is $137,263, even the lowest level 1, first year as a specialist, full time staffy is taking home a minimum of $179131, or close enough to $180,000 as to make no difference. Progression is also rapid, so that this theoretical newly minted specialist who stays on level 1 (the lowest level of pay except level 5, which is a special case), progresses to $221053 as a minimum pay by 5th year. Senior Staff Specialists have a minimum of $242,014. All of these minimums are without any managerial allowance. Found the updated document for 2010. So the base salary for specialists are: 1st year: $137,263 2nd year: $145,292 3rd year: $153,312 4th year: $161,357 5th year: $169,386 Senior: $185,448 But this doesnt factor in 'Special OnCall Allowance,' which I'm assuming is like a retainer for when you're called to the hospital on off-duty time, which is: 1st year: $23,883 2nd year: $25,281 3rd year: $26,676 4th year: $28,076 5th year: $29,473 Senior: $32,268 On top of this you have managerial allowances for Levels 1 (19,039), 2, (33,319) and 3 (47,598) only. I don't understand what it means by levels, could you explain that Kyle or someone else? And then you need to factor in private practise allowance, and this is where I don't quite understand things. Does every consultant/fellow run a private practise/work in private practise as well? hmm sounds odd, I know the reg in my area all get at least 100, 000. I don't think they're 4 year regs either. As they were joking that if they didn't use a certain drug (which had limited evidence to back it up) they could afford another reg. Perhaps this was factoring in overtime??
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(#10)
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Kyle
Offline
![]() Loose as a Dr on 19/12/11
Posts: 1,246
Join Date: Feb 2007
Location: Western Sydney.
Studying: MBBS IV UWS
Sex: Male
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Diametric, have a look at the "determination", not just the "award".
http://www.health.nsw.gov.au/resourc...ermination.pdf Edited to Add: See note 2 on schedule one, that where percentages of salary are referred to as private practice allowance and as drawing rights, it should be taken as a percentage of salary POST the addition of the special 17.4% loading. 15 months 'til graduation. |
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