Wage Disparities in the Medical Profession

January 20th, 2011
Wage Disparities in the Medical Profession

It’s a common misconception that all medical workers are rich. Indeed, surgeons are amongst the highest earners in most countries (and in the US their salaries are generally over $200k), but when you consider the massive debts and insurance payments these workers face straight after finishing medical school – not to mention being tied in to study for multiple years with no time to earn on the side – it’s clear that most workers are broke for the majority of their early career.

And that’s just the top end of the scale. Registered nurses (who, more often than not, are the hardest workers in the hospital) can expect to hit a glass ceiling around $65k despite it being a highly-skilled job. This is little reward for long and usually anti-social hours for what amounts to a payscale similar to what you can find in US car support and similar fields of industry.

And then there’s location. According to the Labor Bureau statistics office, there’s a big difference between working in Vermont and Rhode Island. The former has average wages up to 20% lower than the national average for certain medical jobs, while the converse is true for the latter. So for medical workers, it really does pay to give up your life in your home state, up sticks and move yourself and family across the country in search of that ever greener dollar – especially since 20% of $200k can make such a massive difference when you’ve got seven years of medical school to pay off.

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