Reply to Other than Big Law partner, what jobs in this area pay $500k+?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Finance
Lobbyist
Own a company
Some Doctors
Don’t have to be a big law, just regular law
Real estate (commercial mostly, but also agent)
Any c suite job

[/quote]

Very few doctors.   Only like the top 5% (most of whom are in a few select specialties) reach that income level. [/quote]

I'd estimate that at least 50% of MDs can make $220/hr net and work as many shifts as they want.  Certainly the ED pays this.  Work 2300 hrs/year and you have hit $500k net.  Most MDs make less because they choose to work fewer hours and take less call.  Some choose to practice in an environment that is lower reimbursement.[/quote]

You'd be overestimating. As a dual boarded IM sub specialist, I don't do shift work, but make less than half that. Primary care also is often much less.[/quote]

Agree. My relative is a cardiologist at the Cleveland Clinic and does not make that.  Cleveland Clinic has been top in cardiology for the past 25 years.[/quote]

How many hours a week does your relative work?

Merritt Hawkins 2018 average for non-invasive cards was $427k and for invasive was $590k.  The best (highest paid) jobs fill by word of mouth and no recruiter is necessary, so the MH average tends to be a below average comp specialty-wide.  Typical setup would be 45 hours/week, 8 weeks vacation, 4-5 home calls per month.  If you work more hours or take more call, you are paid extra.

I do a lot of medical recruiting.  Physicians have done an amazing job of hiding how much they really make - sometimes even from other physicians.

[/quote]

Think about what “invasive cards” is.  Think about whether or not you really think they just sit at home during home call, and what they are doing when they get called in.   They rush in because someone is having a heart attack, or the sac around their heart is filling with blood, or some other terrifying thing is happening.   Also, these 4-5 x / month home calls are probably one night a week M-Th, then one weekend a month Friday afternoon- Monday morning.  Even just one day a week working from 8am one day to 5pm the following day has got to be rough, and I bet those weekends are brutal. 
So, yes.  This is the top 5% of doctors.

Also, while the “best” jobs aren’t usually offered through a recruiter, the most lucrative jobs often are.  Typically, these are jobs in rural areas where there is additional compensation through Medicare for working in an underserved area, and something like invasive cards would probably cover more than one hospital.  
You are offering shot jobs.  Well-paid jobs, but hard jobs nonetheless.  [/quote]

I'm a physician and this is spot on.  The recruiter jobs that pay the best aren't in desirable locations and the md/dc area pays physicians worse than a lot of other areas.  A lot or physicians I know aren't making $500k, although there are some very well paid specialists in the hospital I work in based on the 990.  A few in the $2-3 million range. But that's the exception and they work crazy for this[/quote]

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