Physicians working in academic settings may help shape the future of medicine and its workforce, but new data from professional medical networking site Doximity shows they earn considerably less than their nonacademic colleagues.
Doximity collected compensation data from more than 35,000 members of the site through Career Navigator, a comprehensive online career resource that includes physician compensation estimates and open job opportunities. The members shared the data electively and anonymously.
Based on the Doximity data:
- On average, academic physicians earn 13 percent less than their nonacademic counterparts
- The discrepancy in pay between academic physicians and nonacademic physicians varies considerably by specialty. For example, academic cardiologists make roughly 52 percent less than nonacademic cardiologists and nonacademic gastroenterologists make 41 percent more than academic gastroenterologists.
- Not accounting for tenure or geography, academic physician earnings cluster around $250,000 and have less variability than non-academic physician earnings.
For more data on compensation by location and gender, click here.
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