Neurosurgeons are the highest paid physician specialists, earning an average of $788,313 annually, according to Doximity's "2023 Physician Compensation Report." The results were drawn from survey responses from 190,000 physicians over the last six years, including 31,000 in 2022.
Specialist physicians are in the strongest demand with rising in interest in hiring gastroenterologists, orthopedic surgeons, oncologists, pulmonologists, neurologists, and psychiatrists.
1. Surgeon ($457,281) Surgeons were the top-paying job in the country, making an eye-watering $457,281 per year. There are 4,157 in Australia.
According to Medscape's 2020 Physician Lifestyle and Happiness Report, the specialties with the greatest proportion of happy physicians were rheumatology at number one followed by general surgery, public health & preventive medicine, allergy & immunology, and orthopedics.
Some people who work as pediatric doctors, the lowest-paid medical specialty, feel their career brings them meaning and purpose. For others, the specialization has brought them stress. With certain specialties, such as geriatrics and family medicine, low pay has meant staff shortages.
Gynaecologist. A gynaecologist specialises in treating problems arising in the female reproductive organs and is the first doctor to be approached if you face premenstrual, menstrual or other issues, which are mostly related to hormonal changes.
A Note for Medical Students
Apart from the top 5 specialties mentioned above, Interventional Radiology, Radiation Oncology, Vascular Surgery, General Surgery and Med/Peds are among the most difficult domains to become a doctor.
Plus, dermatologists spend most of their time in the office. They rarely see patients in an operating room or hospital setting, which means they don't spend a lot of time working with other doctors or nurses and don't have to worry about staying on call at night or on weekends.
Easiest doctor to become: General practitioner
While this is not technically a specialty, there's little argument that becoming a GP takes less time and training.
Dr. Balamurali Ambati is a well-known ophthalmologist who made history by becoming the youngest doctor in the world at the age of 17. He was born on July 29, 1977, in Vellore, India.
Surprisingly, Luxembourg is considered the most lucrative country for doctors around the world. Luxembourg is a small country in Western Europe, its population is around 632000. Luxembourg is among the top 10 countries that offer high quality of life around the world.
Neurosurgeons have the highest hourly compensation in the country at $398 per hour, while family physicians have the lowest at $119 per hour.
What is the average doctor salary in Australia? The average yearly physician or doctor salary (working in a general practice) is a little over $101,000. This is closely behind a physician or doctor working in an emergency department in a hospital, who brings in about $102,000.
In Australia, the average salary is around $90,000 so keep this figure in mind when looking at the average salaries for doctors. Australian salaries are affected by education, too, and the higher the level of education, the higher you can be expected to be paid.
According to Medscape's 2022 Global Compensation Report, the average annual salary for doctors in Australia is USD 199,000, which is higher than the global average of USD 142,000.
When society generally thinks of doctors, they are thinking of internists. They are often the smartest and most well- rounded physicians due to the breadth of knowledge they (along with family medicine physicians) often carry.
Originally Answered: What are the least stressful specialities in medicine ? Ophthalmology, ENT,Dermatology, thoracic medicine and almost all the nonclinical fields.
According to Lifestyle & Income in Family Medicine, it stated: “One of the unique aspects that the specialty of family medicine offers is a higher degree of flexibility than many other medical specialties.” Because of the high degree of flexibility, family medicine doctors are granted the opportunity to work the least ...
The Australian middle class has a median household income of AUD$80,000. This statistic is a key indicator of the financial health of the Australian middle class.