Factors That Influence Your Salary As A Physician Assistant
Due to the economic recession, job opportunities are few. In order to do well in this economy, a career with a high earning potential is a must. The health care industry is one of the best career path to take. In the medical field, job growth is significant and growing strong. Physician assistant is one of the best career to be involved in. A physician assistant is a medical professional that examines and provides treatment to patients under a doctor’s supervision.
Physician assistants have the potential to earn a high salary. Graduates and seasoned physician assistants can expect many job opportunities as the industry is estimated to increase up to 40% by 2018 according to the Bureau of Labor Statistics. In the United States, the mean physician assistant salary is at $65,000 per year. There are many factors that influence a physician assistant salary just like most jobs. The most important factor is how much experience you have. For example, a newly graduated physician assistant can expect a physician assistant salary of $60,000 or less per year, while a seasoned physician assistant with ten years of experience can make well over $90,000 per year.
Specialization is another factor that can affect your salary. A salary of around $100,000 per year is common for physician assistants who are involved in the field of Emergency Medicine, Cardiovascular and Dermatology. Specialties such as Endocrinology and Public Health are among the lowest paid of about $80,000 per year.
The state you live in also determines your rate of pay. The top places for physician assistants to work are New York City, Los Angeles, San Francisco and Houston. Rural areas of the United States such as Kansas and Arkansas tend to pay lower due to fewer commercialization. There is a larger job market in the top paying cities and the cost of living is higher and therefore, higher rate of pay. In rural areas, getting a good job is harder due to the smaller job market.
Additionally, the types of facility that you work in will also affect your physician assistant salary. Working at a hospital you can expect to receive a lower salary than working at a specialty clinic or doctors group. For example, the mean salary for those working in large medical practices is over $100,000 per year and in contrast, the mean salary for those working in hospitals is around $90,000 per year. Also, keep in mind that the type of doctor that you work with will affect your salary. The lowest pay is with obstetrics and pediatrics at $65,000 per year and the highest pay is with trauma and emergency medicine at $80,000.
Knowing the factors that affect your physician assistant salary, you can use them to your advantage. You can command a higher rate of pay simply by having the most recent and updated certifications for your physician assistant degree. As an entry level physician assistant, your level of education is important in determining your salary potential. The amount of clinical experience you have is another thing that will increase your salary.