Psychiatrist Salary

Psychiatrist Salary

A median psychiatrist salary in the United States is reported to be around $198,000 per year. The salary of a psychiatrist is very much dependent on many factors, as is the case for many professions. Factors such as location of practice, number of years of experience, sub-specialization, and type of and size of establishment can all affect their salaries.

The lowest 10th percentile in the profession earns a mean salary of $158,000 or less per year. The highest 10th percentile earns a salary of about $241,000 or more per year. The middle 50% of the workforce earns between $178,000 and $221,000.

When you add on benefits such as bonuses, health care, pension, social security, 401K and paid vacations, the total pay package for a psychiatrist can average about $265,000 per annum.

A psychiatrist’s salary is not the highest in the medical field but still is a competitive salary compared to other professions.

Job description of a psychiatrist

A psychiatrist is a physician that that is trained to diagnose and treat mental disorders in patients. They sometimes over consultation services to other physicians. Psychiatrists are not the same as psychologists. They are full trained doctors diagnose and treat brain disorders that affect behavior mood, thought and cognition. A psychiatrist is trained to use biological, social and psychological factors for diagnosis. They can use pharmacologic as well as psychotherapeutic treatments to heal both the brain and mind.

Most psychiatrists do not spend large parts of their time providing counselling like psychologists.

How to become a psychiatrist

Matching School Ads
  • Does the Human Mind Fascinate You? Study Psychology! Choose Your Degree:
  • Bachelor of Science in Psychology
  • Master of Science in Psychology with an Emphasis in General Psychology
  • Master of Science in Psychology with an Emphasis in Industrial and Organizational Psychology
  • Convenient online program options available for the master's and bachelor's degree.
  • Speak to an enrollment counselor today and find the degree that is right for you!

Programs:

  • M.S. in Psychology with an Emphasis in Forensic Psychology
  • M.S. Psychology with an Emphasis in Geropsychology
  • M.S. in Psychology: General Psychology
  • And more...
  • Earn your degree online from Ashford University!
  • Choose from Undergraduate and Graduate classes
  • Business, Health Care, Psychology and Liberal Arts programs to choose from
  • Apply Now! Classes begin every Tuesday!

Programs:

  • BA in Psychology
  • Programs include Bachelor of Science in Human Services, Bachelor of Science in Psychology in Addiction, and more.
  • Approved as an education provider by the National Association for Alcoholism and Drug Abuse Counselors (NAADAC).
  • Courses cover topics such as addiction science, assessment, prevention, and treatment.

Programs:

  • BS in Psychology - Industrial/Organizational Psychology
  • Psychology
  • MS in Psychology - Applied Behavior Analysis Specialization
  • And more...

Earn your graduate degree online with Northcentral University.  We offer online programs focused on doctoral and master’s degrees in the schools of business and technology management, education, psychology and marriage and family sciences.

Earn your graduate degree online with Northcentral University.  We offer online programs focused on doctoral and master’s degrees in the schools of business and technology management, education, psychology and marriage and family sciences.

The field of technology is rapidly evolving to meet the growing demands of modern society. For those seeking a future in tech, this means maintaining skills, increasingknowledge and quickly adapting to change. For today’s students, however, successwill require dedication, commitment and access to education specifically designedto meet the demands of this dynamic industry.


Programs:

  • Mental Health Policy and Practice - Doctor of Philosophy in Psychology
  • Psychology - BA
  • General Psychology - PhD of Psychology

Since 1977, Keiser University has provided quality student-centered, career-focused education. Keiser University Online offers degree programs online to prepare students for in-demand professions. Degrees are offered with a curriculum that is in pace with technology and workforce demand trends in business, criminal justice, health care, information technology and more. Our “one-class-at-a-time” approach allows busy students to focus on their education and balance the demands of work and family.

 

Why Keiser University Online?

   

Online Convenience, Personalized Attention

Programs:

  • Bachelor of Arts in Psychology

Regent University prepares students with the knowledge to excel and the faith to live with purpose. Our 20,000 alumni, from more than 110 countries, are changing the world as accomplished professionals. Named a top-15 school nationally for online bachelor's programs (U.S. News & World Report, 2015), Regent is among the most affordable undergraduate Christian colleges (CCCU 2015). Fully accredited, challenging programs are available online and on campus. New classes begin every eight weeks.

Programs:

  • Doctor of Psychology in Clinical Psychology
  • Master of Science in General Psychology
  • Bachelor of Science in Professional Studies - Psychology
  • And more...
Pursue your education at Ohio Christian University. Take classes online or on campus. Pursue your degree to help you start the career you want. Learn more now.

Programs:

  • Bachelor of Arts in Psychology
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to Psychology, Counseling, Human Services, Organizational, and Clinical Psychology Degree Programs and MORE.
  • View Bachelor's, Master's, Doctorate and Graduate Certificate Degree Programs in Psychology and Human Services Near YOU!
  • Accredited and Flexible Psychology Degree Programs to Fit Your Time and Budget. Use Our Matching Service - It's Easy and FREE!

Programs:


    PsychiatristPsychiatrists are physicians and like any other physician needs a medical degree. The path to becoming a psychiatrist is a long one.

    Step one: Acquire a bachelor’s degree. This will enable you to get into medical school. Although medical school admission will accept degree holders from all fields of studies, there are some key science courses you should take. Courses such as biology, anatomy, chemistry, organic chemistry and physics are good courses to take.

    Step two: Apply to medical school. Medical school admission is a very competitive process. It involves putting together an extensive application which includes a bachelor’s degree, essays, letters of recommendation, writing and passing the Medical College Admission Test (MCAT) and attending several interviews. Medical school lasts 4 years and you should concentrate on psychiatry electives.

    Step three: Residency. Upon finishing medical school you will undertake a further 4 years training in residency. This is the period where you are trained to become a psychiatrist. At the end of your residency, you will be required to sit and pass an exam to get a license to practice as a psychiatrist.

    The entire process of starting college to becoming a psychiatrist will take a minimum of 12 years so you have to be very dedicated to pursue this profession.

    Psychiatrist salary in other countries (Uk, Canada and Australia)

    In the United Kingdom, a psychiatrist earns an average salary of about £54,000 per year. They earn an average median salary of about £46,000 per year. Their average pay per hour amounts to about £29 per hour.

    In Canada, the average psychiatrist salary is reported to be about CA$120,000 per annum. The range for psychiatrists in Canada is between CA$55,000 and CA$165,000 per year.

    The average psychiatrist salary in Australia is reported to be about AU$120,000 per annum. A rookie psychiatrist can expect a salary of about AU$83,000 per year whiles a senior psychiatrist can expect an annual salary of about AU$183,000 per year. Income varies with years of experience and skill level.

    Verdict on psychiatrist salary

    First of all, you shouldn’t really be in the profession for the money. A psychiatrist’s job is a very challenging one and requires someone who is in it for the love of it rather than the remuneration. However, no one likes to work for free especially when you have bills to pay and a family to take care of. Medical school can be very expensive and most students graduate with heavy debts to pay. A psychiatrist salary is not one of the highest among physicians but it is still a highly paid job compared to other professions.

     

    One Response to Psychiatrist Salary

    1. Paulette says:

      There are a number of inaccuracies on this page: http://www.healthcareworkersalary.com/physicians/psychiatrist-salary/

      For example, psychologists are actually “full trained doctors diagnose and treat brain disorders that affect behavior mood, thought and cognition”. You may wish to say that psychologists’ training emphasizes personal and social factors more than biological factors, whereas psychiatrists’ training emphasizes biological factors more than personal and social factors. Or you may simply wish to note that psychologists are not physicians, but that both professions diagnose and treat mental health disorders. One further note on this statement is that psychologists and psychiatrists do not necessarily work with individuals who have “brain disorders”. There are other factors involved in mental illness than “brain disorders”.

      Please also note that psychiatrists in Canada earn approximately double what you are reporting.

      It is nice to see information like this available to the public, but the research and the writing should be improved so that the public is not misled.