In the United States, a cardiothoracic surgeon salary averages $370,000, with most surgeons in the field making between $150,000 and $560,000 per year. These surgeons earn $205,000 (C$275,000) in neighboring Canada and $155,000 (AU$205,000) in Australia. In contrast, the United Kingdom offers salaries of around $100,000 (£80,000) and India $20,000 (Rs 1,320,000).
These approximate figures vary greatly depending on geographic location, as well as other factors. The professional’s years of experience and the healthcare industry conditions are just some of them. Whether you are just starting to consider a career or are an experienced physician in the field, the concise and accurate summary below will help you understand current cardiothoracic surgeon salary trends.
How Much Does a Cardiothoracic Surgeon Make per Year?
Below you will find a compilation of annual and hourly average for cardiothoracic surgeon salaries in different countries.
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Factors that Influence the Salary of Cardiothoracic Surgeons
1. Geographic Area
Cardiothoracic Surgeon Salary in the US
Average wages for board-certified cardiothoracic surgeons in the US ranges from $245,000 to over $600,000, according to the Association of American Medical Colleges, with an average of around $360,000. These figures tend to vary greatly according to living expenses and competition across the country. Surgeons in the District of Columbia and New York City, for example, tend to be on the higher end of the salary spectrum.
Cardiothoracic Surgeon Salary in Canada
Canada offers cardiothoracic surgeons salaries averaging C$275,000, but these range from C$150,000 to C$600,000 a year. Bonuses are not as common as in the US, as basic pay is all-inclusive. The US/Canadian dollar difference is offset by the perks workers enjoy in the former country, which include universal health care. The Royal College reports an average income of C$475,000 among its surgeons.
Cardiothoracic Surgeon Salary in the UK
PayScale.com indicates a median salary of £81,608 for cardiothoracic surgeons in the UK. Though starting surgeons can earn as low as £30,000, most earn more than the median and up to £150,000 a year. Other sources point out that even starting surgeons can expect a starting salary close to £90,000 and bonuses and other extras bring it close to £120,000.
Cardiothoracic Surgeon Salary in Australia
Australian surgeons enjoy a healthy paycheck, averaging AU$204,000. Experienced doctors have room to grow in the field, earning as much as AU$570,000 a year, while relatively inexperienced cardiothoracic surgeons can earn as low as AU$70,000.
Cardiothoracic Surgeon Salary in New Zealand
Similarly to their Australian counterparts, surgeons in neighboring New Zealand reportedly earn between NZ$175,000 and NZ$600,000 per year. Whit an approximate average of NZ$300,000, the aforementioned range is highly competitive.
Cardiothoracic Surgeon Salary in India
Most cardiothoracic surgeons in India make well above Rs1,100,000, twice as much as the average for other surgical areas. According to experience, these surgeons can make from Rs500,000 as starting salary and up to Rs3,000,000 a year in the case of the best cardiothoracic surgeons in Delhi.
Cardiothoracic Surgeon Salary in South Africa
Cardiothoracic surgeon salary in South Africa starts with a basic salary of R1,088,000. However, unlike other countries in this list the pay ranges from a mere R150,000 to over R3,000,000. Bonuses add a small but well-received addition to the basic pay of surgeons in South Africa.
Cardiothoracic surgeons enjoy considerable increases in their salary as they gain experience. Surgeons with more than 10 years of experience typically enjoy pay checks two to four times greater than their starting salary. Additionally, teaching, research, lecturing, mentorship and other related activities add value to a surgeon’s curriculum vitae, as does earning a PhD after becoming an MD.
Cardiothoracic surgeon salary in the US is higher than most other surgeons and physicians. Their salaries are only surpassed by neurosurgeons and other vascular surgery specialists.
As with most life-saving surgical positions, unusual shift schedules are not uncommon as complex cardiothoracic surgeries can take up to twelve hours. On the plus side, working hours are restricted in most countries, to ensure surgeons rest enough. Teaching, research and lecturing offer variety and flexibility to experienced surgeons.
Most employers offer very competitive compensation for extra hours, generous vacation time, study leaves and other benefits that offset this issue. Keep in mind this does not include study and research time required to stay up-to-date in the field.
Overall, while cardiothoracic surgery is a very time-demanding job, most surgeons are very content with the quality of life and balance it allows in their lives.
Bonuses and Benefit Packages
Benefits will certainly vary from country to country but surgeons are virtually guaranteed medical insurance with good coverage in the countries analyzed here. Most positions include dental, vision and other perks as well, particularly in countries like Canada and the US but less so in the UK, Australia and India.
Surgeons in this field frequently find their workplace provides 401(k) or equivalent pension contributions, profit-sharing schemes and yearly bonuses. These bonus earnings can certainly add a substantial amount to an already lucrative basic pay.
Cardiothoracic surgeons are always in high demand. For those willing to assume the responsibility it entails, a career in this field ensures plenty of benefits. Long-term, high-paying positions are available at any given time.
Additionally, the combination of attractive benefits, job security, diversity of tasks and exciting new developments for this profession is a constant trend. Furthermore, this tendency is unlikely to change anytime soon.
To sum up, for talented individuals willing to study and work hard in a high-responsibility field, cardiothoracic surgery is an excellent choice. With interesting prospects, a high income and no shortage of openings, it is an attractive career option. Cardiothoracic surgery ensures financial stability and facilitates the road to professional and personal fulfillment.