According to labor statistics, some nurses can make north of $100,000 a year. Meanwhile, according to the documentary “The Vanishing Oath,” a full-time physician in the U.S. can take home as little as $28/hr before taxes.
These are two extremes, but it brings up an interesting topic I’ve been thinking about for a while now: How much does the pay you get out of a medical job actually give you?
We often hear of 60, 70, even 80-hour work-weeks debasing the currency of some medical salaries, while overall satisfaction for other healthcare jobs is among the highest in any industry…So what does it all work out to when it comes to the quality-of-life your job lets you have?
To find out, I did some basic math with the most recent available salary, hourly pay, average weekly hours worked, and overtime data, as well as average time needed to complete training, job satisfaction, and other elements from a variety of sources.
The results were surprising, on several levels: [click to continue…]
Nurses (including RNs)
By 2020, the U.S. government predicts a shortage of between 800,000 and one million nurses. (Close to 117,000 short in California alone.)
Before that – 2015 – the U.S. Department of Health projects that 400,000 new nurses will be needed just to fill vacancies left by retirees.
Here’s a closer look at the need, from a blog posting we did in 2009. Since then, 2012 Labor statistics project that at least 580,000 new nursing jobs will be generated in the U.S. just by 2016. And that’s just the jobs that will be generated, not the total needed to fulfill healthcare goals. [click to continue…]
In the medical field, job change is a regular path to promotion (or at least getting out of an unsatisfactory situation).
Before you waltz out the door, though, it’s essential to have a positive exit strategy. Your last impression in your current job can impact your career prospects for years to come. [click to continue…]
Over the last few months, we’ve looked at the nursing and overall medical staff shortage – perhaps one of the most complex issues in the U.S. medical community.
And while we’ve looked at why the shortage exists and specific states where staff are in demand, we haven’t (until now) looked closely at the demand itself.
Will there really be more of a demand?
Assuming president Obama’s healthcare reform measures kick-in at the beginning of 2014, there will be an Obamacare-based effect, but not the skyrocket in demand some are predicting:
Because Medicare already covers pretty much everyone 65 and older, most of the estimated 32 million Americans who will become covered under the new healthcare reforms by 2014 are younger people (who typically don’t need anywhere near as many healthcare services as seniors.) [click to continue…]