Have you ever wondered how much doctors in the Philippines make? It’s a question many people have, especially those considering a career in medicine. Well, the answer may surprise you!
In this article, we’ll take a look at the average doctor salary Philippines, as well as the factors that can affect it. We’ll also discuss the potential for earning more money through additional qualifications and specializations. So if you’re curious, read on to find out!
Table of Contents
Average Doctor Salary Philippines
The average doctor’s salary in the Philippines ranges from 38,500 PHP to 170,000 PHP per month. This figure varies depending on the type of doctor and their specialization, with some doctors earning as much as P150,000 per month.
This number can also be supplemented by private practice or consultancy work. They typically receive additional benefits such as housing, transport, and medical insurance.
Furthermore, many doctors receive additional income from consultations and private practice. This makes the overall income of a doctor in the Philippines significantly higher than the average salary.
As a specialized doctor, you can earn even more than the average doctor in the Philippines. Specialization requires additional training and certification. However, it opens up opportunities for higher salaries and more advanced positions. For example, a specialist in cardiology may earn up to P180,000 per month.
Not only does specialization allow for higher salaries, but it also allows for a more fulfilling career as you become an expert in your field. With the demand for medical professionals on the rise, now is a great time to consider specializing in your area of interest.
The types of doctors in the Philippines and their average salaries are as follows:
- Pediatrician – P70,000 – P85,000 per month
- Anesthesiologist – P85,000 – P100,000 per month
- Cardiologist – P90,000 – P180,000 per month
- Neurologist – P90,000 – P110,00 per month
- Radiologist -P95,00 -P120,00 per month
- Physiotherapist -P60,00-P80,00 per month
- Physical Therapy Director – 80,300 PHP
- Rheumatology – 118,000 PHP
- Registered Respiratory Therapist – 70,600 PHP
- Optometrist – 93,400 PHP
- Chiropractor – 52,100 PHP
- Urologist – 147,000 PHP
A General Practitioner (GP) is a doctor who provides primary healthcare services to patients. GPs are usually the first point of contact for patients seeking medical attention. They diagnose illnesses, conduct physical exams, and provide preventative care. They also refer patients to specialists when necessary.
In the Philippines, the average salary for a GP is around 84,400 PHP per month, with some earning as much as 100,000 PHP per month. They typically work in private clinics, hospitals, and health centers. They also can start their own private practices and earn more through consultations and treatments.
Variables Affecting Doctor Salary In The Philippines
The level of education of a doctor is one of the most significant factors that determine the salary they receive in the Philippines.
A doctor who has completed a higher level of education, such as a Master’s degree, is likely to receive a higher salary than a doctor with only a Bachelor’s degree.
Higher education implies a more extensive knowledge and skill set, which is in high demand by employers. Additionally, higher education opens up opportunities for specialization, which usually commands higher salaries.
A doctor’s experience is another key factor that affects their wage. The more experience a doctor has, the higher their salary is likely to be.
There is an average of 32% higher income for employees with a minimum of 2-5 years of experience than the freshers and juniors. The average salary of professionals with over five years of work experience is generally expected to be 36% higher than those with less than five years of experience.
The salary rises by 21% when you reach the ten-year mark and by 14% when you pass the 15-year mark. For those who have crossed the 15-year mark, the pay increases by another 14%.
This is because with experience comes expertise and knowledge in a particular field, which makes the doctor more valuable to their employer.
The type of employer that a doctor works for can also play a significant role. For example, doctors in private hospitals or clinics generally receive higher salaries than those in public hospitals.
The reason is that private hospitals and clinics are usually better equipped and have more resources, allowing them to offer their employees higher salaries. Moreover, private hospitals and clinics often have a more relaxed working environment, which can be more appealing to some doctors.
Doctors who work in cities with a higher cost of living are usually paid more than those who work in rural areas. Cities have a higher demand for healthcare services, which allows employers to offer higher salaries to attract and retain skilled professionals.
Doctor Annual Salary Increment Rate In Philippines
Doctors’ annual salary increment rate in the Philippines is very important in determining their overall pay. Doctors are among the highest-paid professionals, with the average salary for a specialist reaching over 1 million PHP a year.
It is important to note that the salary increment rate of doctors in the Philippines is not fixed. The salary increases depend on many factors, including performance, experience, and qualifications.
Moreover, the market demand for specialized skills and expertise also plays a role in determining how much doctors are willing to pay for their services.
The annual wage can increase by 12% at the end of every 17 months, compared to a yearly increase of 8% at the end of every 18 months for employees in total professions combined.
In conclusion, you should know that doctor salary Philippines can vary greatly and are affected by a number of factors. Before making your career decisions in the medical field, thoroughly research salaries, benefits packages, and job duties.
It is important to know what type of doctor you would like to be and what kind of salary you can expect to receive in this profession. With this information in hand, you can make an informed decision about how best to pursue your dream career.
Salary in the Philippines by job:
Software Engineer | MedTech | Civil Engineer | Data Analyst | Accountant | Psychologist | Pharmacist