Blog Archives

Study Shows Women Earn $2 Million Less Than Men in Their Careers as Doctors

A survey of 80,000+ physicians estimated that women make 25 percent less than their male counterparts over a 40-year career, according to a New York Times article. The troubling findings were published in a paper in Health Affairs. Of note, factors like specialty, type of practice, and patient volume were controlled for. Had they not been, one of the authors said, the discrepancy would have doubled. The salary gap starts at the beginning of women’s careers and then only worsens.

According to the Times article, the pay gap is wider among healthcare practitioners than among those in computer and engineering jobs. Considering that, women pre-meds who are on the fence about a career as a doctor have every right to seriously consider another profession…

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What Kind of Job Do Female Emergency Physicians Want and How Might that Affect Your Career Choices?

Recently Dr. Thomas Cook, a program director in South Carolina, wrote an article in Emergency Medicine News describing a study about my field – emergency medicine’s – workforce. 

The data found interesting differences between male and female emergency physicians. For respondents, geographic locations was the only factor that was “very important” to more than half of the women (52%) but only 42% of the men. Interestingly, compensation was “very important” to 49% of the men and only 27% of the women. Proximity to family was “very important” to 38% of the women but only 27% of the men. 

Currently more than 50% of medical students are women and yet only one in three chooses emergency medicine for a career. Nationally, only 25% of emergency physicians are women. Using data to better understand what women emergency physicians are seeking might help the field improve the gender gap. 

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Silent No More

My colleague and friend Dr. Resa Lewiss (of FeminEm podcast fame) wrote this compelling opinion piece with Dr. Katherine Sharkey regarding sexual harassment of women in medicine – its prevalence, its professional and emotional consequences, and the need to stop it. The article is worth a read. 

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Worth a Look: Medscape Female Physician Compensation Report 2018

Medscape’s annual Female Physician Compensation Report is out, and it’s thought-provoking on many levels. Among the findings from the 7600 female respondents:

The discrepancy in pay between the highest paid female physicians and the lowest is no small thing. Female plastic surgeons make $518K per year compared to Public Health and Preventive Medicine docs who make $180K.

Also, to my surprise, 50% of plastic surgeons are now female. (Only 8% of orthopedists are.) My field of emergency medicine is low at 21%.

Male primary care doctors make more than women in the same fields. Male specialists also earn more than their female counterparts. The disparity extends to several racial and ethnic groups as well.

What I also found very interesting is that to answer the question “What is the Most Rewarding Part of Your Job?” more women than men felt knowing they are making the world a better place was most rewarding (27% versus 20%), and more men than women said that being very good at what they do was most rewarding (26% versus 21%).

There’s more! Check it all out here.

 

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Check out My Interview on the Hippocratic Hustle

Thanks so much to Carrie Reynolds, MD who kindly interviewed me for the Hippocratic Hustle, her podcast about women physician entrepreneurs, career options for doctors, and financial independence. Check out my interview and show notes here.

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About Dr. Michelle Finkel

Dr. Michelle Finkel

Dr. Finkel is a graduate of Stanford University and Harvard Medical School. On completing her residency at Harvard, she was asked to
stay on as faculty at Harvard Medical School and spent five years teaching at the world-renowned Massachusetts General Hospital.
She was appointed to the Assistant Residency Director position for the Harvard Affiliated
Emergency Medicine Residency where she reviewed countless applications, personal statements and resumes. Read more

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Listen to Dr. Finkel’s interview on the White Coat Investor podcast:

Listen to Dr. Finkel’s interview on the FeminEm podcast: