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Pediatrician Salary (2020) - Pediatrician Jobs

10.6K viewsΒ· 172 likesΒ· 8:51Β· Oct 2, 2020

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πŸ“Š Charts and Graphs Available HERE ➑️ https://www.careerwatch.co/blog/pediatrician πŸ›οΈ Amazon Recommendations (Books, Gear, Etc.): https://www.amazon.com/shop/careerwatch πŸ“’ Free RIASEC Assessment: https://openpsychometrics.org/tests/RIASEC/ Pediatricians diagnose, treat, and help prevent diseases and injuries in children. Pediatricians have several roles and responsibilities, including: Prescribing and administering treatment, therapy, medication, vaccines, and other medical care to children. Examining children to assess their growth and development. Treating children that have growth or development concerns. Performing and interpreting diagnostic tests. Advising children as well as their parents on diet, activity, hygiene, and disease prevention. In 1999, the Bureau of Labor Statistics recorded the average base salary for pediatricians as $112,760. By 2019, the average base salary increased to $184,410. Pediatrician wages increased $71,650 (or $3,582 per year) from 1999-2019. We can also compare the average base salary of pediatricians against other doctors using Medscape's 2020 Physician Compensation Report. Medscape looks at total compensation rather than base salaries like the Bureau of Labor Statistics. Medscape's compensation report includes incentives and bonuses. Pediatricians and Public Health / Preventive Medicine physicians are among the least paid doctors in the United States, with average compensation around $232,000 per year. Meanwhile, orthopedic physicians ($511,000) and plastic surgeons ($479,000) top the list as the highest compensated physicians. Both orthopedic physicians and plastic surgeons earn over twice the amount of money that pediatricians make. But pediatricians did see a fair wage bump this year. Using Medscape's data again, we can see that Pedatrician's earned about $7,000 more than last year. Orthopedic surgeons saw the most significant bump, gaining almost $29,000 more this year than last year. Dermatologists and ENT's both saw wage decreases from 2019-2020. The number of employed pediatricians has risen over the past two decades. In 1999, there were 18,940 employed pediatricians. By 2019, there were 29,740 employed pediatricians. There were periods of job losses, especially from 2014 to 2016. But interestingly, the government expects a 2% loss in the number of jobs over the next ten years. This forecast could be due to the United States birth rate, which has been declining for years. In 1957, there were 4.3 million births in the United States. In 2018, there were 3.7 million births, around 600,000 fewer 61 years later. This lower birth rate may be one reason the government expects 600 fewer employed pediatricians over the next ten years. To gauge if there is a shortage of pediatricians, we will compare the number of employed pediatricians with the number of job postings for pediatricians. We will use indeed.com. People continuously rate indeed.com as the best job search engine in the United States. On indeed.com, we searched for the number of job postings for pediatricians using the keyword, "Pediatrician." Using the search term, we found 824 openings for pediatricians. That means there is one job opening for every 37 employed pediatricians. There is not much of a shortage of pediatricians compared to other types of physicians, such as oral surgeons.

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