Hey All,
3rd year med student here hoping to learn more about compensation in pediatrics. I loved my peds rotation but, like so many others before me, I am concerned about salary. I will have 300k in debt, and even more worrisome, I am geographically bound to a large, very populated city. To leave a little bit of identity ambiguity, let's just say it is either LA, Boston or Chicago.
I consistently read on these forums that no one should expect to make over 200k as a pediatrician, but I just got access to the 2015 MGMA report (and I am told it is the most accurate), and the report is much more optimistic. It says that even though a normal starting salary is 160k (comparable to what has been stated on this forum), the median mid career compensation of general pediatrician is between 220k and 260k.
So can any older pediatricians level with me here? What should I expect to make when I'm 40? 180k or 250k? These are very different numbers. If the typical mid career pediatrician really is making 250k, as the MGMA report says, then I really don't think there is anything to complain about in peds!
And with an average work week of 47 hours, is peds the new derm? Just kidding, thanks for the replies everyone!
3rd year med student here hoping to learn more about compensation in pediatrics. I loved my peds rotation but, like so many others before me, I am concerned about salary. I will have 300k in debt, and even more worrisome, I am geographically bound to a large, very populated city. To leave a little bit of identity ambiguity, let's just say it is either LA, Boston or Chicago.
I consistently read on these forums that no one should expect to make over 200k as a pediatrician, but I just got access to the 2015 MGMA report (and I am told it is the most accurate), and the report is much more optimistic. It says that even though a normal starting salary is 160k (comparable to what has been stated on this forum), the median mid career compensation of general pediatrician is between 220k and 260k.
So can any older pediatricians level with me here? What should I expect to make when I'm 40? 180k or 250k? These are very different numbers. If the typical mid career pediatrician really is making 250k, as the MGMA report says, then I really don't think there is anything to complain about in peds!
And with an average work week of 47 hours, is peds the new derm? Just kidding, thanks for the replies everyone!