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- Jan 9, 2002
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Here are the facts presented at this years American Academy of Ophthalmology meeting.
All salaries you are hearing are "base" salaries--that's only part of the story for the field of ophthalmology. Because it is very rare to "hang a shingle" in this field, many people join preexisting practices and are paid base salary(guarantee) + bonus(relatively easily to obtain based on production)
Average BASE starting salary for general ophthalmologist:
$150,000 stand dev. $41,000
Average bonus for 1st year ophthalmologist
$30,000 stand dev $10,000
Thus, a "decent" general ophthalmologist can make $180,000 to $200,000 first year out no sweat.
Average salary at five years(general ophthalmology)
$272,000 standard dev. $100,000
Retina specialist
$547,000 standard dev $220,000
Most ophthalmologists I've talked to have confidence that optho will continue to be a great field in the years to come--baby boomers, refractive, etc and are happy folks(my brother is one of them).
Also, remember the average ophthalmologist has almost no call and works 4 and a half days a week
I'll take $300,000 for that!
All salaries you are hearing are "base" salaries--that's only part of the story for the field of ophthalmology. Because it is very rare to "hang a shingle" in this field, many people join preexisting practices and are paid base salary(guarantee) + bonus(relatively easily to obtain based on production)
Average BASE starting salary for general ophthalmologist:
$150,000 stand dev. $41,000
Average bonus for 1st year ophthalmologist
$30,000 stand dev $10,000
Thus, a "decent" general ophthalmologist can make $180,000 to $200,000 first year out no sweat.
Average salary at five years(general ophthalmology)
$272,000 standard dev. $100,000
Retina specialist
$547,000 standard dev $220,000
Most ophthalmologists I've talked to have confidence that optho will continue to be a great field in the years to come--baby boomers, refractive, etc and are happy folks(my brother is one of them).
Also, remember the average ophthalmologist has almost no call and works 4 and a half days a week
I'll take $300,000 for that!