Cardiovascular surgeons perform procedures to treat diseases involving the heart and related vessels. In this article, we will look at what determines a cardiovascular surgeon salary, and the career prospects of a cardiovascular surgeon. The term for a cardiovascular surgeon may differ from country to country. In some countries, this is merely a difference in terminology. In other countries, the differences relate to the job description and duties of the medical specialist as well.
Cardiovascular surgeons in the United States make on average $303,391 per year, while the mean pay for cardiothoracic surgeons in Canada is C$233,000 ($177,280 USD). In the United Kingdom, cardiothoracic surgeons generally earn between £37,547 ($46,731 USD) and £70,018 ($87,132 USD). The average pay for cardiothoracic surgeons in Australia is AU$378,000 ($289,905 USD). Surgeons in New Zealand, which include cardiothoracic surgeons, earn from NZD$70,000 ($50,101 USD) and NZD$600,000 ($429,439 USD) per year.
How Much Does a Cardiovascular Surgeon Make?
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Cardiovascular Surgeon Salary Determinant Factors
The pay of cardiovascular surgeons depends on factors such as experience and location. The setting of the practice, as well as the type of practice, can also influence a cardiovascular surgeon salary. In certain countries such as New Zealand and the United Kingdom, government agencies operate or run significant portions of the healthcare sector. As a result, salary scales are set by these agencies based on level of seniority and responsibility.
1. How Much Does a Cardiovascular Surgeon Make by State?
Cardiovascular Surgeon Salary in the US
According to PayScale, the average earnings of a cardiovascular surgeon in the United States are around $303,391 per year. The total pay ranges between $116,350 and $742,456 annually.
Cardiovascular Surgeon Salary in Canada
The Canadian Medical Association reports that cardiovascular/thoracic surgeons grossed on average $475,337 per year. According to PayScale, the average pay for cardiothoracic surgeons is C$233,000 per year.. Total pay runs from C$89,396 to C$386,575.
Cardiovascular Surgeon Salary in the UK
In the United Kingdom, cardiovascular surgeons who work in the National Health Service make between £37,547 and £70,018 as specialty doctors.. Surgeons who reach the “Consultant” level earn from £76,001 to £102,465 per year.
Cardiovascular Surgeon Salary in Australia
PayScale reports that, in general, cardiothoracic surgeons in Australia earn about AU$378,000.. These professionals made between AU$81,500 and AU$587,824.
Cardiovascular Surgeon Salary in New Zealand
According to the New Zealand Government, surgeons in New Zealand earn between NZD$70,000 and NZD$600,000 per year.
2. How Much Does a Cardiovascular Surgeon Make According to Experience?
The salaries of cardiovascular surgeons usually rise with experience. For example, entry-level cardiovascular surgeons in the United States make a median salary of $200,000. At five years of experience, the median rises to $302,000 and peaks at $511,000 at the ten-to-twenty-year experience range.
For trainee surgeons in New Zealand, salaries range between NZD$70,000 and NZD$175,000 per year. Depending on the work sector, qualified surgeons earn between NZD$151,000 and NZD$600,000.
3. How Much Does a Cardiovascular Surgeon Make According to Work Environment?
Generally, cardiovascular surgeons can earn more in the private sector than the public sector. In New Zealand, qualified surgeons in local District Boards of Health make from NZD$151,000 to NZD$212,000. For qualified surgeons in private practice, compensation can reach up to NZD$600,000.
The National Health Service permits consultants to supplement their NHS compensation through treating patients in private practice.
Pay can depend on the type of employer or practice setting. For example, the U.S. Bureau of Labor Statistics states that surgeons, in general, earn $256,120 in “Offices of Physicians” and $213,740 in “General Medical and Surgical Hospitals.”
Cardiovascular surgeons work often in excess of 40 hours per week. The Canadian Medical Association reported that, in 2014, cardiovascular surgeons worked an average of 69.6 hours per week (excluding on-call hours). In Australia, the average work week for surgeons, which includes cardiothoracic surgeons, lasts 48.7 hours per week. This means cardiothoracic surgeons work about 8 hours more per week than other professionals.
According to a report entitled, “The Vascular Surgery Workforce: A Survey of Consultant Vascular Surgeons in the UK, 2014,” approximately six out of ten vascular surgeons in the United Kingdom logged more than 50 hours per week. Nearly 21 percent work more than 60 hours per week. With hospitals operating around the clock, cardiovascular surgeons can expect to work irregular shifts, such as nights, weekends and occasionally holidays to meet emergencies.
The Canadian Medical Association states that cardiovascular/thoracic surgeons spend approximately 49 hours per month on call in direct patient care.
Bonuses and Benefits
In certain locations, cardiovascular surgeons may obtain bonuses by working in underserved locations. For example, Canadian provincial authorities may fund bonus and incentives for surgeons seeking to work in rural areas, especially where the positions are deemed “hard-to-fill.”
PayScale reports that cardiovascular surgeons in the United States receive bonuses between $14,848 and $147,949 per year.
In Australia and New Zealand, salaried cardiovascular surgeons are entitled to paid annual leave and holidays (when not on duty) and superannuation, or employer contributions to pension.
Overall, demand for cardiovascular surgeons should rise with aging populations, increased access to healthcare and higher rates of heart and lung diseases. Many countries are experiencing or could experience shortages in cardiovascular surgeons.
For example, Canada could experience a significant shortage of cardiovascular or cardiothoracic surgeons. According to the Canadian Government’s “Job Bank,” Canada should have 21,500 job openings for specialist surgeons and 13,100 seekers for those positions by 2024. A 2010 report by the “Society of Thoracic Surgeons” warns of a potential shortage of 50 percent in cardiac surgeons, especially due to the aging population and the length of time for physicians to advance from residency to specialist status.
Citing a shortage of surgeons in the county, the New Zealand Government rates chances for employment for surgeons in New Zealand as “good.” There are numerous reasons why there is a potential shortage of cardiovascular surgeons in New Zealand. Two of the most important factors are migration and aging population. Approximately one in three surgeons are older than age 55 and expected to retire in the next ten years.
The Australian Government’s “Job Outlook” projects 5,000 or fewer job openings by November 2019 for surgeons overall. This suggests a small number of openings for cardiovascular surgeons in Australia. As of November 2015, Australia had 7,200 surgeons overall.
In the United States, the Bureau of Labor Statistics predicts a 20 percent growth in employment of surgeons by 2024.
As specialists, cardiovascular surgeons typically earn more than general practitioners of medicine. The location and setting of practice and experience also shape the pay of these professionals. In certain places, bonuses are available for working in rural areas or otherwise with a high demand for surgeons. Job prospects for qualified cardiovascular surgeons are strong, given shortages for these professionals in many places.