Becker's Healthcare November 19, 2024
While many physician specialties have seen salary increases in recent years, those increases are being felt less by physicians.
Ten specialties saw year-over-year salary increases between 7.2% and 12.4%, according to Doximity’s Physician Compensation report released in May.
Despite this growth in salary, 35% of physicians said that they were unsatisfied with their current compensation. Another 62% said that their current pay did not reflect their level of expertise and the amount of effort required in their job.
One aspect of this dissatisfaction is physicians’ pay relative to inflation. According to the most recent data available from the Bureau of Labor Statistics, inflation has increased 2.6% since October 2023. For the 13 specialties that saw compensation increases...
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