Anonymous
Post 08/15/2019 18:28     Subject: Other than Big Law partner, what jobs in this area pay $500k+?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote: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




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


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.


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.



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.


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.




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.


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
Anonymous
Post 08/15/2019 17:40     Subject: Other than Big Law partner, what jobs in this area pay $500k+?

Anonymous wrote:It is obvious you are not a physician, don’t know what you are talking about, and have no idea how they are getting paid/reimbursed and what determines it. And to communicate that would derail this thread and be of no use to OP who is not a physician or has any plans to be.


I'm not a physician, nor ever claimed to be... I work on the business side of medicine which includes recruiting physicians, and I have seen a lot of real salary data for full time, part time, and locum positions across multiple specialties. Like I said, physicians have done an excellent job of hiding how much they make even from other physicians!
Anonymous
Post 08/15/2019 17:38     Subject: Other than Big Law partner, what jobs in this area pay $500k+?

Anonymous wrote: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.


I agree with your description of being called in although after the umpteenth time it happens they seem to desensitize to it (human nature).

I wouldn't say that's the top 5% of doctors though. That's rather a pretty typical call schedule. Most surgeons and anesthesiologists take call or work a night shift. Top few % would be a trauma, ortho, or neurosurgeon at an understaffed hospital with staffing requirements for their trauma rating. If you were young and really wanted to hustle you might do q3 or even q4 like a resident. I had a neurosurgeon client once who couldn't travel more than 45 mins away from his rural hospital for a month because there was no backup.
Anonymous
Post 08/15/2019 15:06     Subject: Other than Big Law partner, what jobs in this area pay $500k+?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote: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




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


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.


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.


DH is a specialized ortho surgeon and I’m pretty sure every ortho we know makes 500. DH’s first job paid 300 salary.

Primary care and pediatricians make very little, don’t even break 200.
Anonymous
Post 08/15/2019 08:35     Subject: Other than Big Law partner, what jobs in this area pay $500k+?

Anonymous wrote:
Anonymous wrote:General counsels make this. So do good financial advisors with big books of business.


Only GCs for large companies make in this range and the competition for those jobs is insane.


GCs of larger non profits are also over $300k, but you’d need a sterling resume (eg, V15-20 big law experience, government experience), likely some other in house experience, connections and LUCK.

OP, what’s your educational background. My sense is that you are being very well paid for what you do and are at the top of the martlet already.
Anonymous
Post 08/13/2019 23:31     Subject: Other than Big Law partner, what jobs in this area pay $500k+?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote: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




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


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.


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.



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.


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.




It is obvious you are not a physician, don’t know what you are talking about, and have no idea how they are getting paid/reimbursed and what determines it. And to communicate that would derail this thread and be of no use to OP who is not a physician or has any plans to be.
Anonymous
Post 08/13/2019 22:52     Subject: Other than Big Law partner, what jobs in this area pay $500k+?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote: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




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


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.


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.



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.


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.




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.
Anonymous
Post 08/13/2019 22:22     Subject: Other than Big Law partner, what jobs in this area pay $500k+?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote: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




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


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.


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.



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.


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.





Cleveland Clinic is considered academic, along with salaries.


This is true. Only in a lucrative private practice can you make 500k + and even then it depends on th3 specialty.
Anonymous
Post 08/13/2019 17:38     Subject: Other than Big Law partner, what jobs in this area pay $500k+?

my spouse is a partner at A&O, AMA.
Anonymous
Post 08/07/2019 13:07     Subject: Other than Big Law partner, what jobs in this area pay $500k+?

There is a lot of generational wealth here - ie, people living off their trust funds.
Anonymous
Post 08/07/2019 13:02     Subject: Other than Big Law partner, what jobs in this area pay $500k+?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote: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




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


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.


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.



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.


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.





Cleveland Clinic is considered academic, along with salaries.
Anonymous
Post 08/07/2019 12:48     Subject: Other than Big Law partner, what jobs in this area pay $500k+?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote: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




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


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.


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.



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.


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.


Anonymous
Post 08/07/2019 12:10     Subject: Other than Big Law partner, what jobs in this area pay $500k+?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote: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




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


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.


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.



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.
Anonymous
Post 08/07/2019 11:48     Subject: Re:Other than Big Law partner, what jobs in this area pay $500k+?

Data analytics is the new hot field so I would explore that route.
Anonymous
Post 08/07/2019 11:38     Subject: Other than Big Law partner, what jobs in this area pay $500k+?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote: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




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


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.


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.


You make less than $110/hour? Are you in ID or hematology or some other academic specialty? That's really low.