What are the salary and benefits of a pediatrician?

What are the salary and benefits of a pediatrician?

Enjoy High Earnings Pediatricians are among the highest paid physicians. The median annual pediatrician salary was $183,240 in 2018, according to the U.S. Bureau of Labor Statistics. Even the lowest 10 percent of earners in smaller communities earned an average of $68,860.

What are the pros and cons of being a pediatrician?

Pros and Cons of Being a Pediatrician

• Pro: You’re able to help children get healthy and stay healthy.
• Con: It can be an extremely stressful career in several different ways.
• Pro: You can make great money and have flexible hours.
• Con: You should expect to sign your life away to medical school.

What are disadvantages of being a pediatrician?

10 Cons of Being a Paediatrician

• Lengthy and expensive schooling. To become a pediatrician, you need four years of undergraduate studies, four years of medical school, and three years of residency.
• Stressful.
• Irregular hours.
• Communication difficulties.
• Emotionally draining.
• Difficult parents.
• Exposure to germs.
• Legal risks.

Is it worth it to be a pediatrician?

It can be amazing to witness. Prestige: A lot of people will respect the work you do—as they should. Pay: On average, pediatricians earn $183,240 per year. Those working in outpatient care centers earn closer to $200,000 annually, while those working in specialty hospitals earn over $200,00 per year.

How well are pediatricians paid?

Pediatricians made a median salary of $175,310 in 2019. The best-paid 25 percent made $208,000 that year, while the lowest-paid 25 percent made $127,610.

What benefits do pediatricians get?

Benefits vary by employer, but pediatricians typically have health insurance, dental and vision coverage, paid time off and retirement benefits. Other possible benefits include life insurance, disability insurance, paid professional memberships, tuition reimbursement and employee wellness services.

Why are pediatricians paid less?

Pediatricians get paid less because even though every kid needs to see a pediatrician, there are very few sick kids out there. When a pediatrician encounters a sick kid, they are usually sent to a specialist right away.

How much free time do pediatricians have?

Pediatricians do better than most Americans in amount of vacation time. Approximately 15% take more than 4 weeks of vacation annually, and 55% take 2-4 weeks, which puts them in the top 6 for amount of time taken off by specialists who responded to our survey.

What kind of benefits does a pediatrician have?

Other benefits commonly enjoyed by pediatricians include malpractice and liability insurance, 401(k) retirement plans, life and disability insurance, cellphones and reimbursement for tuition costs for continuing education and other training courses.

How much money does a pediatrician make a year?

When working as a pediatrician, you can make an average of $168,650. You should expect more when working in private practice, as it could go up to $173, 930/year, and that is just an average annual income. You may also enjoy several benefits, which usually vary by employer.

How old do you have to be to be a pediatrician?

Pediatricians specialize in the prevention, diagnosis and treatment of medical conditions in children from birth to 18 years of age. Pediatricians typically begin their educations by earning a four-year baccalaureate degree followed by a medical doctor (M.D.) degree from a four-year medical school.

Do you work part time as a pediatrician?

An AAP survey reported that one-quarter of pediatricians worked part-time. Women, in general, were more likely to work part-time than men, although 20 percent of men in their 60s reported that they worked part-time. Pediatricians find employment in a variety of settings, according to the U.S. Bureau of Labor Statistics.