How much does a Physician make?

The average salary for a Physician is $255,205 per year in United States. Salaries estimates are based on 11890 salaries submitted anonymously to Glassdoor by a Physician employees in United States.

The highest salary for a Physician in United States is $349,634 per year.

The lowest salary for a Physician in United States is $191,403 per year.

If you are thinking of becoming a Physician or planning the next step in your career, find details about the role, the career path and salary trajectory of a Physician.

Physicians are among the most highly paid professionals. This salary reflects the field’s high educational barriers to entry and in-demand skillset. Physicians work full time, and often face irregular, holiday and overnight hours. While on duty, they may travel in between their primary care offices and an affiliated hospital. Some physicians work in group settings to coordinate patient care, which reduces independence but improves flexibility. Doctors trained by the top-ranking schools and those employed by the wealthiest hospitals often earn the highest pay.

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According to anonymous ratings through Glassdoor, 72% of physicians report satisfaction with their salaries. Experience and high-level degrees may qualify a physician's salary as a good one. Physicians with specialties, such as pediatrics or neuroscience, may take home higher salaries for their focused work.

You'll most likely need to complete a residency before beginning your career path as a physician. Afterwards, you may start at a salary near the minimum of $148,018.70, with the potential to acquire raises and earn up to $462,363.84. The average salary for a physician is around $228,795.83. You may also have the opportunity for bonuses and profit sharing that could total up to $26,408.83.

If you're looking to make more money in your physician career, look into becoming certified in a new specialty. The American Board of Physician Specialties (ABPS) certifies physicians to practice in areas such as family medicine and emergency medicine, and you may be able to earn a higher salary in some specialties than others. Medicine is an ever-evolving field, and keeping up with the latest developments in medical technology and patient care can help you increase your salary as well. Learning new procedures as they develop keeps you ahead of the curve and gives you the opportunity to master them early.

If you're making a counteroffer to a formal job offer, be aware of your market value. Remember to factor for your experience and education when you're calculating your value. Most counteroffers fall between 10% and 20% above the original offer.

If you're trying for a higher salary in your physician job, try to time the re-negotiation of your contract close to when your original contract is set to end. Show your employer data from your current contract and how your performance has changed since you started to prove that your value has increased.