The average annual otolaryngologist salary is around $325,000, or $156 an hour. This is a hefty sum of money. Experienced professionals working in the top 10th percentile can easily reach $425,000 a year, or $204 an hour. That’s almost half a million dollars every year. Even those working in the lower 10th percentile are very well off. They can make up to $234,000, or $112 an hour. The middle 50% of workers in otolaryngology are well-to-do. They make between $276,000 and $377,000 a year. This is a range between $133 and $181 per hour.
Many factors will come into play to determine an otolaryngologist’s income. Hours worked, experience, and general location of the practice all decide salary. Those working in metropolitan areas should enjoy a higher income than those working in low population areas. It’s all about supply and demand.
Benefits will greatly increase the otolaryngologist’s salary. Most employers will give out paid benefits like social security, pension, paid time off, and health care benefits, among others. The total compensation package can push the average otolaryngologist into an income of about $433,000 on average. This is a hefty sum of money.
Job Description of an Otolaryngologist
An otolaryngologist is also known as an ear, nose, and throat surgeon. The job of such a physician may include surgery, especially reconstructive surgery. However, they are mostly concerned with diagnoses and treatments of problems in the ears, nose, and throat.
Otolaryngologists face a highly competitive job market, and even the proper qualifications will not lead to a great job. While it may be hard to get into, otolaryngology is a highly rewarding career choice. This can be deduced simply from the salary information above.
How to Become an Otolaryngologist
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First, an undergraduate program must be completed with a bachelor’s degree. These students must, during the pursuit of this degree, pass the Medical College Admission Test (or MCAT). Only after passing this test can students apply to a program that has been accredited by the Liaison Committee on Medical Education. These medical programs normally run for about four years. The first two years of the program will include labs and classroom training. The senior years will be spent in clinical practice under the supervision of a licensed medical professional.
The next step is to pass the United States Medical Licensing Examination. Candidates who pass are able to start their residency training. This program will run for another five years. Various things will be done during residency. Clinical rotation will be supervised, and everything will be set up to prepare residents for their futures as licensed practitioners.
After all of this schooling and many years of practice, an oral and written examination will take place. This will allow for the licensure of the prospective otolaryngologist. Yet, getting a license does not mean the training process is over. Just like many other doctors and physicians, otolaryngologists must continue their education in programs to make sure their medical knowledge is completely up to date. Only by continuing education programs can an otolaryngologist maintain his or her license.
Otolaryngologist Salary in Other Countries (Australia, UK and Canada)
An otolaryngologist working in Canada will face much the same salary as one working in the United States. The average annual income of such an otolaryngologist is C$344,000.
Those physicians working in the United King will face a slightly smaller income. Around £74,000 will pay for the annual salary of an otolaryngologist working there. However, this is still a six-figure salary in U.S. dollars.
For once, it is Australia that pays far less for their otolaryngologists. They can expect to make only A$83,000 in this country annually.
Verdict on Otolaryngologist Salary
The annual otolaryngologist salary , or ear, nose, and throat surgeon, is highly lucrative. While many years of schooling is required, the overall benefits of the career will provide for a luxurious life-style, if preferred. However, otolaryngology is a highly competitive doctrine in the medical field. It may be very difficult to retain a job after all that schooling. Students should be wary before beginning their training based on that information.