6 compensation updates to know

Here are six compensation updates Becker’s has reported on since March 28:

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  1. Oncology saw the biggest pay jump in the last year.
  2. The average yearly salary among physicians of all specialties is $352,000.
  3. Public health and preventive medicine physicians, medicine’s lowest-paid specialists, earned nearly 60 percent less than plastic surgeons, the highest-paid specialists.
  4. Plastic surgeons, medicine’s highest-earning specialists, earned an average of $619,000, whereas the lowest-paid specialty earned $249,000.
  5. Three physician billionaires saw a net worth decrease from 2022 to 2023.
  6. Emergency medicine physicians saw the biggest pay increase in 2022.
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