A career as a General Practitioner (GP) often means excellent rewards, financial stability and the opportunity for personal and professional development.
To pursue a career as a GP, medical professionals need to have a diverse knowledge and skills in order to ensure medicine requirements and safety when treating patients. Generally, GPs can undergo approximately 10 years of education or more, and work their way to perform in medical practice.
GPs work closely with clinical teams and other specialists for a more integrated patient care. They have also been considered at the centre of a primary health care system. They play a crucial role in terms of helping patients who are not admitted in a hospital.
General Practitioner (GP) Salary in Australia
According to Payscale, the average annual salary for a GP in Australia in 2019 can fluctuate around $129,721. However, some GPs could earn a lot more than that and daily average earnings for GP Jobs around $2000 are possible.
GP’s salary may vary greatly depending on a number of contributing factors to the position. Below are some of the elements that may influence how much a doctor can earn.
Type of Contract
Permanent contract or Locum contract both come with different remuneration and incentives; Permanent contracts will specify a split % of billings between the GP and the practice and often times also an hourly rate guarantee from $120 to sometimes up to $170 per hour for a negotiated period of time, usually around the first 3 to 6 months of a GP’s employment.
Locum contracts will specify an ongoing daily ($1000–2500) or hourly rate (also $120–170) for the locum GP regardless of the practice’s billings and this rate will heavily depend on the location of the GP Job as well as the amount of responsibilities the GP has and the length of employment.
Location of the GP Job
Generally, Rural GP Jobs both as permanent and locum can be more rewarding for a GP in Australia. There are more incentives to combat Australia’s Rural GP Shortage such as higher pay rates, educational training opportunities and additional allowances for travel, accommodation and relocation expenses. Metropolitan GP Jobs can also have benefits, such as a higher demand for certain GP medical services and more high-traffic areas guaranteeing a steady workload.
GP Skills & Type of work undertaken
The more specialised a GP in Australia becomes the higher their average salary. Examples of In-Demand GP services can be Dermatology, Occupational Medicine, Emergency Medicine, Women’s Health, Locums, After-Hours and Home Visits to name just a few.
Location of the practice
A GP working in a hospital or privately operated clinic in a metro city can expect to earn a higher salary than their counterparts working in a similar clinic in a rural area of Australia. Unless they decided to become a Full-time Locum GP and explore multiple positions.
It could also be affected by the number of patients a GP can see. It can take 3-6 months to build up your patient base and become fully booked. Therefore a lot of practices offer GPs a minimum guarantee for the first months whilst building a patient base.
If you are working full time and steadily seeing 4-6 patients per hour you can expect to earn a potentially high annual salary from $200k+ upwards to $400k.
The percentage of billings
As a GP you will be offered somewhere in the range of 60 – 70% of the total billings you generate for the practice. The private consultation fee for the practice can vary depending on the business and bulk billing items can also depend on the type of consultation. Standard bulk billing consultation can still have add-on charges for certain items. Minor surgeries, dermatology and skin checks, and health assessments may substantially increase the billings.
If you have any questions about your current billings, or would like to explore other opportunities in your area? Please contact one of our friendly team of consultants Today and let us tell you what GP jobs are available around Australia.
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