BBC NEWS | Health | GP salary surge goes into reverse:
"Inflation-busting pay rises for many GPs in recent years have been halted - with the average salary falling in 2006/07, NHS figures show.
The average salary for 85% of GPs was £104,000, a fall of 2.4%.
This comes after sharp rises following a new GP contract in 2004 - as much as 58% on average , according to a spending watchdog.
The British Medical Association said most earned under £100,000, and further falls could risk damaging morale."
The exchange rate is about two to one, so, GPs are making the equivalent or $200K. Not too shabby. The downside is that their salaries seem to be so much more dependent on the prevailing political and economic winds than are ours. But, as we saw with the recent battle to prevent across the board Medicare cuts, we face this pressure as well.
Out of curiosity, I checked to see where this income fits in British households. The top quintile for household income in the UK starts at £72.9K
Friday, October 17, 2008
BBC NEWS | Health | GP salary surge goes into reverse
Subscribe to:
Post Comments (Atom)
3 comments:
purchasing power parity is more important than the exchange rate.
look up the Big Mac index.
Wikipedia says it was 1.56 to 1 in July, so the equivalent of $156K is not too shabby, and , again, puts GP's in top 10% of earners in the UK.
What on earth should we expect as physicians. Plus, they don't graduate in a deep hole of debt, either.
Post a Comment