The dermatologist salary is around $226,000 per year in the United States and C$283,333 (US$221,821) in Canada. By comparison, dermatologists in the UK earn approximately £71,267 (US$94,008). In Australia, dermatologists can expect to make about AU$105,000 (US$79,674) per year, while those working in New Zealand earn around NZ$105,000 (US$71,798) per year. These earnings depend on a few factors, however; industry and experience, among other things, will affect the salary and work prospects of a dermatologist.
How Much Does a Dermatologist Make?
The following shows how much you can expect to make as a beginning dermatologist in different countries around the world:
|Dermatologist Salary||US||Canada||UK||Australia||New Zealand|
Dermatologist Salary Determinant Factors
Now that you know how much you can expect to make in different countries, you’ll likely want to know more factors that affect your salary.
Job platforms such as Salary.com, Indeed.com, and Glassdoor.com all provide different values for the dermatology salaries. However, the determinant factors impacting the salary are more or less the same. We will provide an in-depth look at what these factors are and how they can affect your income.
How Much Does a Dermatologist Make by Country?
In this section, we will compare the salary of a dermatologist, as well bonuses and benefits they can receive in several countries around the world.
Dermatologist Salary in the US
The dermatologist salary in the US is around $226,000 yearly with intermediate experience. However, about $50,000 comes from bonuses. Many bonuses can be earned by having customers return. You can expect to reach $400,000 if you have proven your skills. Many dermatologists boost their salary by opening their own practice after years of experience.
Dermatologist Salary in Canada
The salary for a dermatologist is C$245,000 with intermediate experience. Not much money comes from bonuses, as dermatologists who practice in Canada usually have a set salary. Like the United States, they can expect their salary to increase with experience. Senior dermatologists in Canada can achieve over C$300,000.
Dermatologist Salary in the UK
A consultant dermatologist earns around £71,942 per year in the UK, while locum consultant dermatologists working here take home about £77,155. Community dermatologists have the highest salaries in the UK with a yearly income of around £100,000.
Dermatologist Salary in Australia
The average salary for a dermatologist in Australia is AU$105,000 with entry-level experience. If you have the opportunity to earn large bonuses, your base salary is usually going to be smaller than someone who is earning small bonuses. In the end, it usually works out to about AU$220,000. Similar to other countries, this pay can increase with more experience.
Dermatologist Salary in New Zealand
In New Zealand, a dermatologist can expect to make roughly NZ$230,000. Dermatologists are often attracted to New Zealand because of their experience policy. This does depend on the practice you work at, of course, but most practices in New Zealand share policies much the same. For example, if you are entering dermatology without any previous experience, you may expect to make about NZ$150,000 with bonuses. After every year of working at a practice, you will receive an incentive. This incentive could be better hours, working condition improvements, or a salary increase.
How Much Does a Dermatologist Make According to Experience?
A beginner in the field of dermatology is most likely going to earn somewhere around 100,000 USD. Of course, as you have probably already noticed, experience can mean great increases in your salary. To be considered a “senior,” most practices require you have at least 15 years of previous experience. However, some may only require you have 5 or 10 years of experience. Either way, becoming a senior as a dermatologist comes with many benefits. Higher pay and shorter hours can be expected.
How Much Does a Dermatologist Make According to Work Environment?
Working in a public sector as a dermatologist is going to earn you a much bigger paycheck rather than working in a private sector. As a dermatologist, you are helping people who are in search of medical treatment. By working in a private sector, you are greatly limiting the number of customers you can reach out to. Job offers in the private sector are also quite few.
Usually, people working in the medical field are going to have long work hours. However, dermatologists are much different. A dermatologist will usually work about 40 hours a week.
Once you become an experienced dermatologist, you may decide to open your own practice, shortening the hours you work greatly. This is a great plus for those looking for a reward after years of hard work.
Bonuses and Benefits
Bonuses and benefits can be both earned and given. Many bonuses and benefits are given to you right when you earn the job. Though, dermatologists may earn their bonuses by satisfying their customers. In the US, bonuses can sum up to $50,000 per year.
In the dermatology field, it’s very likely patients will return often for further treatment. Satisfied patients are also more likely to refer their friends and family to you if they experience any similar problems. Bonuses and benefits can be anything from a raise in pay, better hours, or a promotion.
The field of dermatology is a very sound choice. Overall, there are plenty of job openings in every country previously listed, though New Zealand has been facing some problems in the field of dermatology. Dermatology practices are not hiring as many specialists in this country as they do in others. This is largely due to the bonuses and rewards and many of their practices offer. Of course, finding work as a dermatologist in New Zealand is not impossible, though it may take a longer amount of time.
While becoming a dermatologist takes work, the salary is very rewarding. Dermatologists are also considered to have a low-stress job, making it even more attractive. Advancement opportunities are plentiful, and growth outlook in this medical career looks good as well.
Image source: Wikimedia