Doctors' salaries vary a lot. This article aims to give some exact figures about what you can expect to earn in your first few years as a qualified doctor, based on 2010 figures. Junior doctors earn a basic salary and are then paid an extra supplement (this is called a Banding) depending on the number of hours they work, the amount of hours that are antisocial (outside the hours of 7am-7pm Monday to Friday) and the intensity of the work. All figures are without tax.
The banding is usually dependent of the rota and varies with each different specialty. It is important to remember that some posts may carry no banding, quite often GP F2 jobs may be unbanded.
A very general guide to the bands:
- 1a (basic salary + 50%) - 40-48 hrs work per week, more than 1/3 of hours unsocial.
- 1b (basic salary +40%) - 40-48 hrs work per week, less than 1/3 of hours unsocial.
- 1c (basic salary +20%) - 40-48hrs work per week, low frequency non-resident on call.
- Basic salary (no band) - 40 hours or less per week, all between 8am and 7pm.
- You may also hear about bands 2a, 2b and 3 but these are now illegal under EWTD regulations.
- Foundation Year 1 - £22,190.
- Foundation Year 2 - £27,523.
- ST1 or equivalent - £29,411
- ST2 or equivalent - £31,211
This progression continues throughout training.
- F1 banded 50% all year - £33,285
- F2 banded 50% all year - £41,284
- F2 banded 40% for 8 months and then unbanded for 4 months - £34,862
- ST1 unbanded all year - £29,411.
- ST1 banded 40% all year - £41,175.
Different salaries and income streams
Medics in the Armed Forces can potentially earn a higher salary in their junior years. However joining the Armed Forces as a medic is not a straightforward process or one that should be done for financial reasons as the selection process is designed to screen out individuals who are not fully engaged with service life. Working in the Armed Forces also restricts your ability to pick up locum work and so can potentially limit income depending on how many hours you want to work. Other medics may boost their salary by working as locums (generally those on basic salary, maybe 1c banding). Consultants who have reached the maximum on the consultant scale may be awarded distinction awards depending on outstanding work done over and above their contracted jobs. There are also many, non-hospital careers for medics, such as advisors to pharmaceutical companies, occupational health physicians to many of the major corporations which have their own in-house doctor, likewise doctors can be involved in research or development of drugs/trials and then for those at the top, many will have their own private practises which charge according to guidelines set out by insurance companies and the BMA.
- Army Foundation year 2 - £55,018 (banding doesn't exist).
- Locum rates vary markedly dependent on the specialty, grade, whether they are done through an agency etc..
- Research physician - £40,000 with bonus, however salary depends on experience and specialty.