UK salaries list--is this for real?

nomadthethird

more issues than Time mag
I was reading this list of top ten salaries in the U.K., and they seem awfully low to me. A doctor in the U.K. only makes $160,000?? I would guess the average internist in the U.S. makes about $25,000/month--specialists much more! A lawyer in the U.S. also makes much much more than $100,000. Most CEOs in the U.S. make well over $500,000, too.

Are these estimates conservative or what?

http://timesbusiness.typepad.com/money_weblog/2008/10/how-does-your-s.html
 

swears

preppy-kei
How it's all relative to cost of living is the question, I suppose. Food is a lot cheaper in the states, dunno about other things though. Taxation is another consideration.
 

nomadthethird

more issues than Time mag
Hey there Swears, how goes it?

When I first read that list, it must have been freshly posted, because it didn't have any comments. Looks like others from the UK also question the figures represented and one poster claims they're deflated by about 50%, which is what I initially figured.

There are also people saying doctors are overpaid at 81000pounds/year! Wow. Are UK doctors paid by the government or something? Because I doubt an American doctor would even get out of bed for that. The thought of a lawyer making $100,000 just makes me laugh--a public defender maybe.

I suppose the cost of higher education in the U.S. makes more sense in proportion to salaries after looking at that list...
 
I am almost certain that doctors are paid by the government. For regular check ups we go to the doctors surgery for free, these kind of doctors are called GP's (general practitioners). This takes place in a building called a practice. Many of these are in Government buildings, something akin to a hospital, but without beds, or any type of operation more complex than in grown toenail removal or an X ray taking place. A group of doctors run their practice, often with a secretary. I dont know whether they pay rent to the government for the premises or just get it for free. But as healthcare for the patients is free, I assume doctors are either paid a flat rate for their work, or a fee for every appointment they serve.

I assume proper hospital doctors dont feel the need to set up these psuedo independent practices, the pretence of independence is probably pointless in this situation given how large hospitals are and the seriousness of the treatment.

Private operations are availiable in other clinics, but mainly for non essential work, ie. plastic surgery. For tens of 1000's pounds you could get a serous operation privately, thus avoiding the NHS's very long waiting times, but this is not affordable or good value for the vast majority of people. Another example would be people with a limited lifespan travelling abroad for an operation that the NHS sees as a waste of time and resources. 'You'll be dead soon anyway'.

Dentists do get paid government subsidies, but they are much less connected to the state health system, and increasingly many are abandoning welfare state work completely

Apologies if this is more info than you need or not properly answering the question.
 

hucks

Your Message Here
I was reading this list of top ten salaries in the U.K., and they seem awfully low to me. A doctor in the U.K. only makes $160,000?? I would guess the average internist in the U.S. makes about $25,000/month--specialists much more! A lawyer in the U.S. also makes much much more than $100,000. Most CEOs in the U.S. make well over $500,000, too.

Are these estimates conservative or what?

http://timesbusiness.typepad.com/money_weblog/2008/10/how-does-your-s.html


The average general practitioner makes around £80k, though as you'd imagine the range is massive. They are almost exclusively employed by the state. A consultant might make £250k or thereabouts, combining private and National Health Service work.
 

nomadthethird

more issues than Time mag
Thanks Owen and Hucks, you've answered questions about healthcare in the UK that I've wondered about for years. I'm doing a glide year of post-bacc pre-med courses next summer and I've been pondering applying to med school in other countries where it may be cheaper afterward. Definitely want to do my specialty certification in the U.S. but it would be nice to save a few bucks on the MD.

Yeah I know loads of people this has happened to.

I've heard that a lot of Canadians come to the U.S. for heart surgery, plastic surgery, and I would imagine even organ transplants because the waiting lists are too long and certain procedures are considered too expensive if not completely necessary.
 
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