The typical Ophthalmologist Salary is calculated by the US Government Bureau of Labor Statistics from a variety of sources. Ophthalmologists work in a number of settings including hospitals, clinics and dental offices. An Ophthalmologist’s wages will vary depending on the location and the setting. Area of specialization also plays a part in how much they earn. The assumption was made that the Ophthalmologists reflected here were working an average of 40 hours per week with a total of 2080 hours per year.
Median Hourly & Annual Data
The mean Ophthalmologist salary is $112.09 per hour. The lowest 10% earn less than $61.00 per hour and those in the upper 10% earn more than $100.00 per hour.
On an annual basis the mean salary is $231,550 the lowest 10% earn less than $118,000 per year while the upper 10% earn more than $187,000 per year. These salaries are calculated as a mean or average.
Lowest and Highest Ophthalmologist Salary
The lowest paid Ophthalmologists earn mean or average wages below $60.00 per hour. Presumably this is offset by costs of living and other factors. The lower pay levels are associated with rural areas. The highest pay levels are found in major metropolitan areas where the mean or average wage is over $120.00 per hour. Demand and low supply seem to be a significant factor in fueling higher salaries. Some online sources report an Ophthalmologist earns over $300,000 per year.
Top 5 States
The best paying states are Wyoming, Wisconsin, Washington, Tennessee and South Dakota.
Top 5 Metropolitan Areas
The best city or metropolitan areas to earn a Ophthalmologist salary are Worcester MA-CT, Waterbury CT, Providence-Warwick RI-MA, Portland MA, and Nashua NH-MA.
Other Industries that Employ Ophthalmologists
Colleges or schools of medicine, government services and the military employ a small number of the total number of Ophthalmologists working in the U.S.
The U.S. Bureau of Labor Statistics estimates there are over 42,000 physicians working in the U.S.
Where they Work
Most Ophthalmologists work in a hospital, private practice or with a medical group.
Private Practice vs. Employment
Ophthalmologists like many physicians are considered to be primarily in private practice or self-employed. Ophthalmologists who own their own private practice are repsonbible for hiring their own employees and running all aspects of their business. For this reason, most of the physicians in private practice have an office manager and accountant to take care of those business related needs.
Many physicans working in group practices or for medical groups receive complete health care packages along with bonuses in the range of $20,000-30,000 per year.
International Salary for Ophthalmologists
· Junior doctors in their first year of postgraduate foundation training earn a basic salary of around £22,600 a year. The basic salary in Foundation Year 2 increases to just over £28,000. They also receive a supplement or banding according to the rotation.
· Doctors in specialist training earn a basic salary of around £30,000 plus supplement.
· Consultants earn a basic annual salary of between around £75,000 and £100,000 depending on length of service and payment of additional performance-related awards.
· Doctors of Ophthalmology typically work more forty hours a week and may be on call or on a rotation basis for emergencies.
· Ophthalmologists work in operating theatres, outpatient clinics and community care settings. You may work for extensive periods in rooms with low-level lighting.
Most full time Ophthalmologists and other physicians in Canada will earn between $120,000 and $180,000 a year. For the most part, employment prospects for this occupation are very good. Job titles and exact duties vary in this occupation and examples of some job titles are: medical doctor, general practitioner (GP) and family physician.
A typical full-time annual salary for this occupation is in the region of $120,000 – $180,000.
Employment prospects for Ophthalmologists, general practitioners and physicians are good in Canada. The government forecasts that because the Canadian population is aging, the demand in this profession will increase for the near future.
According to the latest figures, the highest hourly average wages are earned in Calgary, Alberta at $118.75 per hour and the lowest average wages are earned in Laval, Quebec at $29.50 per hour.
Ophthalmologists as well as other physicians provide a great deal of support to their patients and the medical community. Ophthalmologists treat all aspects of the eyes and vision.
The average salary for an Ophthalmologists is $118,000 a year with the starting salary at $90, 000 and the senior salary at $210,000. These wages are based on education, skills, experience and employers. The worker in this profession works an average of forty hours a week. As of November 2012 approximately 7,500 worked as Ophthalmologists.
The job industry outlook is very positive for these position and employment in these areas has risen by 16.4% over the last few years. The top three regions in Australia for Ophthalmologists are NSW 35.2%, VIC 30.3% and QLD 17.4%.
Physicians work often work highly-stressful but awarding jobs and can be employed in a number of places, including hospitals, private clinics, schools, the armed forces, etc.
(1) http://www.prospects.ac.uk/ophthalmologist_salary.htm (2)http://www.livingin-canada.com/salaries-for-medical-laboratory-technicians.html(3) http://www.open.edu.au/careers/healthcare-medical-pharmaceuticals/physicians