Interesting read about jobs and salaries

[polara69]

The highest paying jobs in Canada:

Specialist physicians at the high end of the pay scale they can earn over $375,000
Dentist – $287,303
Family physicians – $272,750
Lawyers at the top end of the pay scale make $272,550
Judges $176,800
Senior Managers of Goods Production, Utilities, Transportation, and Construction – $165,000
Senior managers in Finance and Communications can earn $160,000
Actuaries earn $155,000
Engineering managers – $137,000
Top paid Airline Pilots make $138,000

Of course most of the country’s lowest paying jobs will simply pay the minimum wage of whatever region the job happens to be located in. Towards the low end of the scale that is roughly $9.95 an hour earning someone just over $20,000 – assuming they worked full time and were paid for 40 hours a week.

The lowest paying jobs in Canada:

Sewing machine operator – $19,760
Cashier – $20,700
Ironing, pressing and finishing occupations $20,700
Artisans $21,320
Bartender – $21,000
Harvesting labourer – $19,750
Service station attendant – $19,750
Food and beverage server – $22,000
Food counter attendant / kitchen help – $19,750
Babysitters, nannies, and parent’s helpers – $19,750

Of course this doesn’t take into account tipping. Bartenders and wait staff, particularly at higher end establishments can make very comfortable incomes with low hourly wages but the bulk of their income coming from tips.

 

[mrbeachman]

These salaries for doctors, especially physicians are pure nonsense.

Doctors have many overhead costs, such as rental, staff, supplies, insurance, etc.... they are basically self employed.

After taxes and expenses many make just a little above $100,000.

After years of studying and about 200,000 in student loans..... not so great for them.

 

[newtone]

These salaries for doctors, especially physicians are pure nonsense.

Doctors have many overhead costs, such as rental, staff, supplies, insurance, etc.... they are basically self employed.

After taxes and expenses many make just a little above $100,000.

After years of studying and about 200,000 in student loans..... not so great for them.

I agree

 

[david1697]

Can't be sure about figures in Canada, but in US $375,000/yr for a doctor is very realistic and is on the lower end (many who have their practice report $780,000 or more in gross per year).

Even if we assume that $375K is just a gross, it's still pretty high of an income, and here is why.

If there are 200 days per year the practice is open, $375,000 comes down to $1875 per day.
That's around $234 per hour. In reality, doctors over book and have 4-5 people at any time, waiting to see a doctor (in waiting room or inside).
Once doctor walks in, 10-15 minutes is maximum time they spend with a patient, so doctors can easily see 4-5 patients per hour and $234 is rather a cheap rate. many doctors here charge $400 or more for a visit. That's $1600 gross per hour or $12800 gross per day or $2.5 million gross per year.
But let's assume, for arguments' sake, that we have a doctor who is performing poorly, spends one hour with each patient (or can't get more than 8 patients per day) and grosses $375K per year.
Such doctor would require a small office, in rather smaller town (costing between $1200 to $2500 (top) per month, utilities included).
Also, such doctor would need only one assitant - nurse/administrative personnel (to take appointments, greet patients , do a routine blood pressure/body temperature check up and draw blood, if necessary).
These people usually earn very little money, rarely above $40K per year (often around $28K in some small town office, if not less).
That's $70K max cost (for overhead/office).
Then add insurance costs ($12K average for physicians, according to
http://work.chron.com/much-doctors-pay-insurance-7304.html

- "According to a survey published November 2011 in "Modern Medicine," family and general practitioners paid premiums of $12,100, and pediatricians' premiums averaged $11,800. OB-GYNs paid an average of $46,400, and plastic surgeons reported median premiums averaging $30,000."


So, $70 plus $12K is $82K. At $375K gross that's $293K of taxable income.
That's not going to make one super rich, in fact with cost of living as high as it is this will make someone a solidly upper/high middle class and not more.

However, everyone should agree that it's awfully more than what one could earn doing something else.
And it's still pretty high, far above $100K.

 

[polara69]

These salaries for doctors, especially physicians are pure nonsense.

Doctors have many overhead costs, such as rental, staff, supplies, insurance, etc.... they are basically self employed.

After taxes and expenses many make just a little above $100,000.

After years of studying and about 200,000 in student loans..... not so great for them.

Dr Beachman, Dr Newtone

He who can read has a clear advantage...it says specialists at the high end..

 

[newtone]

Shhh! we should know better since according to you we are doctors

 

[Jalex23]

Can't be sure about figures in Canada, but in US

In Canada doctors don't use human health as a way to make insulting profit. They can't be compared.

 

[madam-m]

That is exactly reason ,why they close system for foreign doctors.
To left more for them.


To foreign doctor become licensed doctor in Canada is like winning the lottery.

They r all ,moneyhungry,and in the same time services r slow,long waiting appointment list.They dont give you results in hands,they dont offer nothing special,and charge everything very high.

 

[david1697]

I am sure doctors in Canada are not poor and even if an average doctor earns half of $375K figure they still can't complain of too much hardship or too little compensation.

 

[Jalex23]

I am sure doctors in Canada are not poor and even if an average doctor earns half of $375K figure they still can't complain of too much hardship or too little compensation.

An average doctor earns 80-120k annually. I disagree, studying so hard as they do, and taking as much responsibility absolutely justifies their compensation.

That 375 is for some very top of the notch doctors in very specific areas.

To foreign doctor become licensed doctor in Canada is like winning the lottery.

They r all ,moneyhungry,and in the same time services r slow,long waiting appointment list.They dont give you results in hands,they dont offer nothing special,and charge everything very high.

They give you results in hand if you ask for them, the reason for not giving them to you is that you don't self prescribe. They don't charge anything, it is paid by our taxes.

Any foreign doctor can become a doctor in Canada. Of course you have to be good. All professions in Canada are the same in that sense.

 

[madam-m]

They give you results in hand if you ask for them, the reason for not giving them to you is that you don't self prescribe. They don't charge anything, it is paid by our taxes.

It is not true. They give you references for something and in hospital they tell you,you can do it only if u staying in hospital,otherwise u need to pay.

Any foreign doctor can become a doctor in Canada. Of course you have to be good. All professions in Canada are the same in that sense.

It is not true at all. or u think all foreign doctors who are practicing medicine in their country are not good enough for Canada. They accepting 5% foreign doctor in system per year. It is not a secret,it is well known. And criteria for Quebec for example,is to French be your mother language.
I know many doctors who pass all exams and still waiting,god knows for what. They encourage you to give up.

They protect their own doctors and high salary,which is normal and acceptable. But I don't understand why they encourage foreign doctors to pass all expensive exams and then nothing.???

 

[david1697]

An average doctor earns 80-120k annually. I disagree, studying so hard as they do, and taking as much responsibility absolutely justifies their compensation.

Are doctors the only ones who study hard ? I believe physicists have to study awfully lot more to learn about physics, yet few earn as much as doctors. Why is it so? And how about lawyers? So many graduate and work $20/hour jobs, because market is oversaturated. Yet, do lawyers get their JD's easily? I don't think so.

And in my personal opinion, doctors are like firefighters, they are there to show compassion and extend the helping hand to despairing. IMHO, they should not be paid a great deal at all , so that hunger for profit doesn't drive those who learn to become doctors.

If someone wants to make ton of profit let them start a business, let them launch an enterprise, let them thrive and make all the money in the world pursuing any career where making profit is the prime objective. I am all for it. But, IMHO, medical field shouldn't be one of those lucrative venues.

Of course, we may want qualified people to enter the field and we may want their wages to be competitive, and that could be a reasonable argument. And an average 80K-120K (if true) is fairly high level of compensation, to attract highly proficient specialists to the medical field.

 

[mrbeachman]

Are doctors the only ones who study hard ? I believe physicists have to study awfully lot more to learn about physics, yet few earn as much as doctors. Why is it so? And how about lawyers? So many graduate and work $20/hour jobs, because market is oversaturated. Yet, do lawyers get their JD's easily? I don't think so.

And in my personal opinion, doctors are like firefighters, they are there to show compassion and extend the helping hand to despairing. IMHO, they should not be paid a great deal at all , so that hunger for profit doesn't drive those who learn to become doctors.

If someone wants to make ton of profit let them start a business, let them launch an enterprise, let them thrive and make all the money in the world pursuing any career where making profit is the prime objective. I am all for it. But, IMHO, medical field shouldn't be one of those lucrative venues.

Of course, we may want qualified people to enter the field and we may want their wages to be competitive, and that could be a reasonable argument. And an average 80K-120K (if true) is fairly high level of compensation, to attract highly proficient specialists to the medical field.

I don't care about doctors. They are not a burden to society. I am more curious about Quebec and Ontario members of parliament who receive kickbacks and have ties to mafia. Would not mind taking a peek in their off shore bank accounts.

 

[david1697]

With all due respect, Sir/Madam, members of parliament are hired by people who vote for them.
In Democratic societies I don't blame politicians, I believe they merely do what they are expected to or wanted to do.

 

[mrbeachman]

With all due respect, Sir/Madam, members of parliament are hired by people who vote for them.
In Democratic societies I don't blame politicians, I believe they merely do what they are expected to or wanted to do.

Do you live in Canada?

You think it is ok for a member of parliament to have ties to Italian mafia and receive kickbacks from shoddy construction projects?

Canada is as democratic as the next third world country. The only difference that in the third world country the corruption is more transparent while in Canada it is secretive.