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Top GPs earning over £300,000 - The Times
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5th year of medical studies? Doesn't that make you a medical student,.not a doctor?0
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thank you for posting some real facts
76k is however are fairly good salary and probably puts you in the top 1-2% of the country
its probably a fairly 'average salary' for your field ... many comparable graduates with equally long training earn less
most people earning that sort of salary work far in excess of 35 hours per week even if their contract says different
you don't say your age but I would guess that if you compared yourself with your (non medical) peer group at Uni you would find you are in the top few percent.
Yes i agree my salary is very good! Im 47y old. My salary compared to my non-medical peer group is about in the top 10%. However when i compare my hourly rate, it drops to about the top third.
It just frustrates me when the papers keep printing articles saying i work 9-5 office hours and earn £300k when in reality we all work longer hours and earn significantly less.
I would consider £28 an hour a pretty cheap cost to the taxpayer for a doctor! The other thing to remember is that Primary Care (GP, district nurses and health visitors) cost 8.5% of the entire NHS budget but deal with 91% of all medical presentations in the UK.0 -
Haha what a waste of newspaper columns. I can find you a "Top" of any profession - lawyer, accountant, teacher, nurse etc etc who earns in the region of £300,000!
Im a GP - work full time - so Monday - Friday 8am till 6.30pm (standard working hours for a full time GP). i will not count the extra hour i am there each evening till 7.30pm doing paperwork. Obviously there are also part timeGPs just as there are in any other profession - they will earn a proportion of the full time earning equivalent. I work with 3 other full time partners - if you look at our "headline earnings" as the paper would print it - we earn just under £300,000 each - so approx £1.1 million for our practice of 8200 patients. From that money we pay 5 practice nurses, 1 practice manager, 16 receptionists/admin/backroom staff, 2 cleaners, electricity, gas, telephone, equipment, building and consumables etc etc.
Our pre-tax income per GP was £76,000 each last year - for approx 57.5 hours a week. i work 47 weeks a year and get 5 weeks annual leave. Therefore PRE-TAX, i make about £28 an hour!
I am by no means the highest or the lowest earning GP partner in my area. Im probably average. I have no other earnings and no other job...My hours are more than standard 9-5 office hours and my hourly pay is nowhere near most other professional rates - just think how much your car mechanic, plumber or joiner charges you per hour!
Therefore there are your figures as it actually plays out from a headline of £300,000 a year! Cant give it to you any clearer than that...
DONT BELIEVE EVERYTHING THE GOVERNMENT WANT YOU TO BELIEVE!
welcome to the forum.
You do know however, that it is mainly for uneducated ramblings and not for discussing reasonable facts.US housing: it's not a bubble
Moneyweek, December 20050 -
Yes i agree my salary is very good! Im 43y old. My salary compared to my non-medical peer group is about in the top 10%. However when i compare my hourly rate, it drops to about the top third.
It just frustrates me when the papers keep printing articles saying i work 9-5 office hours and earn £300k when in reality we all work longer hours and earn significantly less.
I would consider £28 an hour a pretty cheap cost to the taxpayer for a doctor! The other thing to remember is that Primary Care (GP, district nurses and health visitors) cost 8.5% of the entire NHS budget but deal with 91% of all medical presentations in the UK.
thanks again for your input
do your friends work only 9 to 5 ?
why is 28 per hour a poor rate for a doctor... I understand medical places at Uni are grossly over subscribed; are (USA excepted) well paid by international comparisons, are virtually guarenteed a job for live.
I'm not knocking GPs but here seems many advantages in the profession and many would, if given the chance work for less.0 -
I think you are not being fair comparing your hourly rate to the hourly charges a mechanic sets.
You are dividing your money left over by the hours worked.
A mechanic has quite a high hourly charge as he does not make that every hour he works and he too has to calculate in costs for replacing tools ,equipment , training time etc.
You are talking down an exceptionally high income ..I think to try and justify it to yourself ...0 -
wigglebeena wrote: »5th year of medical studies? Doesn't that make you a medical student,.not a doctor?
No, a fifth year doctor, as in a doctor who has worked for 5 years. If I'd have meant medical student, I would have written medical student.0 -
why is 28 per hour a poor rate for a doctor.
Because its a highly skilled job with huge responsibility requiring a long and difficult period of training. Not to mention that there are no other financial perks..... no bonuses, company cars, health insurance, gym membership.
We get a salary and nil else.0 -
I smell a strong whiff of spin from a vested interest.I can find you a "Top" of any profession - lawyer, accountant, teacher, nurse etc etc who earns in the region of £300,000
OK I'll call your bluff. Please find me the teacher or nurse who earns £300k a year.I am by no means the highest or the lowest earning GP partner in my area. Im probably average.The Treasury report cites an average salary for GPs in the UK in 2003-4 of £82 000.
http://www.bmj.com/cgi/content/full/334/7587/236
BUSTED!!!!!
And by the way, what's your golf handicap? Don't think we don't know what goes on between morning and evening surgery.
EDIT : BONUS RANT
What is a GP at the top of their profession? Do they kill fewer patients? Do they make more home visits? Do they they know their patients better? Do they have a better bedside manner? NO! I will tell you what it means:
A GP at the top of their profession has more patients and probably does two or three other fee earning activities on the side. In other words he/she is more distracted and spreads his/her time more thinly. The last thing you want to hear when your are ill is that your GP is at the top of his/her profession (the same does not necessarily apply to surgeons).0 -
Haha what a waste of newspaper columns. I can find you a "Top" of any profession - lawyer, accountant, teacher, nurse etc etc who earns in the region of £300,000!
Im a GP - work full time - so Monday - Friday 8am till 6.30pm (standard working hours for a full time GP). i will not count the extra hour i am there each evening till 7.30pm doing paperwork. Obviously there are also part timeGPs just as there are in any other profession - they will earn a proportion of the full time earning equivalent. I work with 3 other full time partners - if you look at our "headline earnings" as the paper would print it - we earn just under £300,000 each - so approx £1.1 million for our practice of 8200 patients. From that money we pay 5 practice nurses, 1 practice manager, 16 receptionists/admin/backroom staff, 2 cleaners, electricity, gas, telephone, equipment, building and consumables etc etc.
Our pre-tax income per GP was £76,000 each last year - for approx 57.5 hours a week. i work 47 weeks a year and get 5 weeks annual leave. Therefore PRE-TAX, i make about £28 an hour!
I am by no means the highest or the lowest earning GP partner in my area. Im probably average. I have no other earnings and no other job...My hours are more than standard 9-5 office hours and my hourly pay is nowhere near most other professional rates - just think how much your car mechanic, plumber or joiner charges you per hour!
Therefore there are your figures as it actually plays out from a headline of £300,000 a year! Cant give it to you any clearer than that...
DONT BELIEVE EVERYTHING THE GOVERNMENT WANT YOU TO BELIEVE!
Thank you for a very realistic and interesting insight into your work. I find interesting that hours worked by professionals are often very misjudged by the public. Clearly an hourly rate of £28 an hour is not in anyway excessive for the responsiblity and workload.0
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