The OB/GYN doctor specializes in women's health.
An obstetrics and gynecology (Ob/Gyn) doctor specializes in childbirth and pregnancy, and plays a vital role in helping to maintain a woman's reproductive health. The On/Gyn doctor does everything from performing gynecological exams to educating her patients about pregnancy health and sexually transmitted disease. Salaries for Ob/Gyns vary based on numerous factors, and are generally high because of the education and experience required to become an Ob/Gyn.
Resident Salaries
During residency, salaries are considerably less for the Ob/Gyn. According to Glassdoor.com, an Ob/Gyn should expect a salary that ranges between $35,000 and $64,000 per year. Resident salaries are low because the Ob/Gyn hasn't yet fulfilled all requirements to practice fully as a professional doctor. The resident's salary is also contingent on where the Ob/Gyn completes his residency.
Average Salary
After residency, the average salary for the Ob/Gyn is $204,470 per year, according to the US Bureau of Labor Statistics (BLS). Ob/Gyns have a mean hourly wage of $98.31, and wages increase an average of 1.4 percent each year. Top industries that employ Ob/Gyns include physician offices, surgical hospitals, general medical hospitals, outpatient care centers, educational institutions and the local government. Most Ob/Gyns work in a physician's office, where they should expect an average salary of $210,000 per year, the highest of any industry. On the lower end, Ob/Gyns who are employed by colleges, universities and professional schools earn $102,580.
Benefits
In addition to salary, it isn't unusual for Ob/Gyns to receive benefits such as medical care, life insurance, disability plans, paid vacations and holiday pay. According to PayScale.com, 85 percent of Ob/Gyns have medical care. Approximately 60 percent have dental insurance, 39 percent have vision and only around 14 percent have no health benefits at all. Resident Ob/Gyns should also expect core benefits such as medical, dental and vision plans.
Increasing Salary
The Ob/Gyn doctor also has the potential to move into future positions that would bump salary expectations. For example, the Ob/Gyn could transition into the position of Chief Obstetrician and gain a salary increase. Chief Obstetricians earn up to $246,000 annually. The Ob/Gyns can also advance and increase their salary if they develop a reputation of excellence and increase their demand in the healthcare industry.
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