Legal + Compensation

Forty-eight percent of RNs do not supplement their income, according to Medscape's "RN/LPN Compensation Report 2023."

Mortgage on their primary residence is the most common form of debt or expense for young physicians, according to Medscape's "2023 Young Physician Compensation Report."

Young physicians not receiving an annual raise was the most reported example of employers making financial cuts, according to Medscape's "2023 Young Physician Compensation Report."

Office-based single-specialty group practices pay young physicians the most for the third year in  a row, according to Medscape's "2023 Young Physician Compensation Report."

Here are five compensation updates that physicians should know that Becker's has reported on since Sept. 5:

Hospitalist-internal medicine is the specialty that saw the biggest jump in median pay from 2022 to 2023, according to Sullivan Cotter's 2022-23 "Physician Compensation and Productivity Report."

The average resident's pay increases by $13,000 after six years of training, according to data from Medscape. 

Three nurses with doctorates of nursing practice in California recently sued the state's attorney general, leaders of the Medical Board of California and the California Board of Registered Nursing over the right to call themselves "doctor."

Medscape surveyed 1,000 residents on their earnings in its 2023 "Resident and Salary Debt Report."

Eighty-six percent of residents who do not feel fairly compensated said it's because their compensation does not reflect their work hours, according to Medscape's "Resident Salary & Debt Report 2023."