Though physicians on average earn over $400,000 annually depending on their practice setting and speciality, around 36% still feel dissatisfied with their earnings in 2024, according to Doximity's 2024 "Physician Compensation Report," published May 23.
Around 25% of physicians report feeling dissatisfied with their compensation, while 11% feel very dissatisfied.
An additional 25% of physicians feel neutral about their compensation, while 32% are satisfied and 8% are very satisfied.
The majority of physicians (62%) do not believe that their compensation reflects the level of expertise and effort required to do their roles.
More than 39% of female physicians are satisfied or very satisfied with their compensation, compared to 40% of men.
About 35% of both male and female physicians are dissatisfied or very dissatisfied with their compensation.