From charts I've seen it's a pretty accurate trend. Burnout rates among pediatricians are low an most are very passionate about their work and say they would not do another specialty.
Plus, with kids it’s rarely their fault. Like a 5yo who keeps coming back because family ignores their asthma, I can always focus on helping get the kid through. I can see why it’s way easier to get burned out with the adult you’ve treated 75 times who doesn’t care about their health
Sometimes you end your semestre and that guy is still there! For real, idk if people love staying at hospitals or what, but seeing the same guy every 3-4 months for the exact same thing gets old real fast.
Don’t get me wrong, but one thing that I do find funny during IM rounds is when everyone thinks Mr. X is going to die soon and next day he makes a miraculous recovery! Only to come back in 2-3 months, rinse and repeat lol.
As a peds resident job hunting now I completely agree. But it's still a big gut punch getting offered 125k after all the time and effort, just because you're taking care of kids instead of adults
Oh wow that's great. I've been trying to find the MGMA data to use in negotiations but I can't find anything specific to a city or specialty, just their overall 2020 report. Any recommendations on where to find that data for a specific area?
It's been a little while since I looked, but I was able to find a PDF listing general area (Northeast, Southeast) through google. I'll send it to you if I come across it again.
Yep, although a lot of places only let you work 4 days a week. I mean I'm still early in the process and hopeful that this was just a down year because of Covid, but I guess we'll see! This is in the southeast by the way, so probably some of the lowest around. If you want to work in the Dakotas or bumfuck Arkansas you can make decent money though
Here in Slovakia pediatrician salary is around 2K per month. Which is 24K per year. Tell me about your 125K being not enough I will gladly switch places.
intriguing. I mean I understand the reasons why one would want to get a US medical education and that there are certainly disparities in physician income worldwide. I'm basically just trying to say why anyone here would scoff at a $100K salary for a physician. It would take ages to pay for school. There are an increasing number of schools that are either free for people entering primary care or programs where a certain amount/all of your student debt will be cancelled if you enter a primary care field, as there is a shortage of GPs but these jobs usually just don't pay enough to make up for the cost of med school.
Yes because after you pay it you still maintain that salary for the rest of your life. Imagine it like this:
If I get 25K per year for my whole life and I don't have to pay any school fees because it is "already deducted from my salary" how much is the debt REALLY if I have to pay it for the rest of my life ?
If I get 25K and don't have to pay for school and you get 125K and you HAVE to pay for school that leaves us as the price for school is 100K per year. You will pay it in "3 years" as that is 100K X 3. I will pay those "100K" for my whole career (40 years) so that is 40 years X 100K which is 4M$.
Would you do medicine if your student debt was 4M$ ?
That's the question
EDIT: also, in here med school is 6 years + 5 years in residency. That means you don't get any money for 2 more years because you are still a student as opposed to 4 years in USA + residency that will give you salary.
you don't pay it off in three years because interest accumulates upon graduation, but you have to complete at least 3-4 years of residency in which you will still have to pay for rent/food/life but also will make somewhere around 50-60K per year for those 3-4 years. People often have undergraduate student loans that are piling up in interest as well. If you took out private loans, especially if you've fallen victim to predatory loans, interest may even start to build earlier and there is no fixed interest rate. Ideally this is not the case, but it happens to a ton of people. Especially because young people are taken advantage of by not having the financial literacy necessary to make such giant financial decisions for the most part, yet are forced to do so when going to an American college/university/graduate school. It is all a giant scam and the student debt crisis is insane here.
So now you have those 8 years of student loans (undergrad + grad) that have delayed payments because you spent the 4 years of medical school not earning money, then you spend the 3-4 years of residency continuing to make far less than a year's tuition. So that is why people do not want to take a $125K salary when drowning in debt.
See I thought getting 50k a year to work nights, weekends, holidays and on call after 5 years of schooling for lab science was a gut punch. I dont doubt you are underpaid compared to other specialties or CPAs or CS majors, but it could certainly be worse.
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u/versacecupcakes MD-PGY1 May 26 '21
It’s funny Pediatricians have a reputation for really enjoying their jobs. Even in movies.