Is anyone actually in medicine here? I'm months away from finishing a family medicine residency in Canada. Most doctors in Canada are paid for "fee-for-service". The average billing form province to province ranges but the median family doctor as an example bills 230k/year. An average doctor working a ~40hr/week in Alberta can bill about 300,000. You can pad that a bit with private stuff like notes and insurance forms. You subtract overhead (on average 30%) from that and you get about an average gross pay of ~200k. But that does not include insurance or pension which you are in charge of paying for yourself.
It's goodmoneybut then again I'll be walking out with about 180,000$ in debt and 10 years of education which is an immense opportunity cost.
Contrast that with my partner, who got a bachelors and thenworkedfor his CA for a couple of years for essentially half the opportunity cost. He makes low 6 figures and will probably max out somewhere 150-200k/year with experience. The bonus part is that the job secures a defined-benefit indexed pension, healthcare and the job is generally less stressful. There are days when I can't even check my text messages due to the work demands.
No one goes into medicine for the money, because there are far better ways to achieve that goal.
It's goodmoneybut then again I'll be walking out with about 180,000$ in debt and 10 years of education which is an immense opportunity cost.
Contrast that with my partner, who got a bachelors and thenworkedfor his CA for a couple of years for essentially half the opportunity cost. He makes low 6 figures and will probably max out somewhere 150-200k/year with experience. The bonus part is that the job secures a defined-benefit indexed pension, healthcare and the job is generally less stressful. There are days when I can't even check my text messages due to the work demands.
No one goes into medicine for the money, because there are far better ways to achieve that goal.
