Physician compensation in the US rose 5.1% in 2017 and physician job advertisements increased year-over-year in 10 large metropolitan areas, according to a research study on the 2017 labor market for doctors released by Doximity, a social network for physicians and advanced practice clinicians.
These are the five metro areas with the largest compensation growth, according to the report:
- San Francisco: 16%
- Indianapolis: 14%
- Los Angeles: 13%
- Philadelphia: 11%
- Milwaukee: 10%
Among 10 common medical specialties analyzed, physician job postings have increased overall. Geriatrics saw the most growth, at 164%, compared to a 23% increase in cardiology.
And these are the most in-demand medical specialties:
- Geriatrics: 164% job growth
- Urology: 49%
- Oncology: 45%
- Hematology: 39%
- OB-GYN: 31%
The study draws from a sample of more than 12,000 physician job advertisements nationally. Compensation growth was drawn from 40,000 self-reported compensation surveys.