Psychiatry salary is one of the top among all occupations. A new psychiatrist earns around $92,000 but his salary will increase in just a short period. A Psychiatrist working for more than a year may collect an annual income ranging from $76,779 to $205,843. Keep reading for more information about psychiatry salary and career requirements.
Psychiatry job description
A psychiatrist is in charge of diagnosing, preventing and treating psychological illness and conditions of the mind. Psychiatrists are needed to apply remedies, which includes electroconvulsive therapy in addition to added psychotherapeutic treatment options as well as other medications. Knowing the physiology of the person’s body is also important when aspiring to become a psychiatrist, especially as it is necessary to prescribe medicines to affected individuals when needed.
How much does a psychiatrist earn ?
Average psychiatry salary
Psychiatry salary ranges from $92,128 to $255,520. The average psychiatry salary is around $180,000 in the USA. A Psychiatrist earns an hourly pay ranging from $11.26 to $249.17 with an average yearly bonus of around $2,000.
Psychiatry salary in USA
Psychiatry salary per annum for the 10 percent is around $93,000; 25 percent gets around $140,000; the median collects around to $180,000; 75 percent gets around $210,000 and 90 percent enjoys around $260,000.
Psychiatry salary on an hourly basis by years of experience in US is as follows: Psychiatrist working for 1 to 4 years collects $11.26 to $171.00. One practicing for 5 to 9 years gets $38.78 to $154.56. One working for 10 to 19 years collects $44.38 to $172.32 and psychiatrist with 20 years or more of experience gets $87.26 to $249.17.
Psychiatry salary by years of experience is as follows: psychiatrist working for less than a year gets $4,955 to $219,416; one with experience of 1 to 4 years collects from $76,779 to $205,843. One practicing for 5 to 9 years gets from $92,914 to $226,775; one working for 5 to 9 years takes home from $96,958 to $245,070 and psychiatrist with 20 years or more of experience gets from $102,647 to $245,601.
Psychiatry salary by state
Psychiatry salary by states is as follows: psychiatrist working California gets up to $253,369; one employed in New York gets up to around $207,337; one working in Texas collects up to around$ 254,823; one practicing Florida takes home up to around $206,243; one working in Ohio collects up to around $233,279; one in Pennsylvania gets up to around $246,581 and one employed in Massachusetts takes home up to around $232,210.
Psychiatry salary in Canada
Psychiatry salary in Canada ranges from C$38,255 to C$359,797. 10 percent gets around C$38,000; 25 percent gets around C$100,000; the median makes around C$200,000; 75 percent gets around C$68,000 and ninety percent gets around C$360,000.
Psychiatry salary in UK
Psychiatry salary in UK is ranging from £20,000 to £140,000. The median gets around £56,000; 75 percent enjoys £89,000 and ninety five percent gets around £140,000. Psychiatrist in UK takes home an annual bonus of around £1,024.
Psychiatry salary in Australia
Psychiatry salary in Australia ranges from AU$72,129 to AU$371,911. 10 percent of psychiatrist in Australia makes around AU$72,000; the median gets around AU$150,000; 75 percent gets around AU$210,000 and ninety percent makes around AU$370,000. Psychiatrist in Australia gets an average yearly bonus of around AU$54,296
Forensic psychiatry salary
Forensic psychiatry salary ranges from $33,557 to $122,920. The median pay per annum is around $62,000. A forensic psychiatrist earns an hourly pay ranging from $17.50 to $125.00 with an average yearly bonus of around $5,500.
Forensic psychiatry salary by years experience in US is as follows: forensic psychiatrist working for less than a year gets $34,437 to $95,000; one working for 1 to 4 years collects $29,187 to $79,463. One practicing for 5 to 9 years gets $45,000 to $112,143. One working for 10 to 19 years collects $30,639 to $171,275 and forensic psychiatrist with 20 years or more of experience gets $62,136 to $105,000.
Child psychiatry salary
Child psychiatry salary ranges from $102,848 to $279,315. 25 percent get around $100,000; the median pay per annum is around $150,000; 75 percent takes home around $230,000 and ninety percent collects around $280,000. A child psychiatrist earns an hourly pay ranging from $99.10 to $154.18 with an average yearly bonus of around $2,500.
Addiction psychiatry salary
Addiction psychiatry salary for the newly practicing is around $110,000. One with 2 or more years of experience gets around $184,000 per year.
Geriatric psychiatry salary
Geriatric psychiatry salary for new geriatric psychiatrist is around $93,000. The median of geriatric psychiatrist gets around $94,819 while the top paying geriatric psychiatrist collects around $96,637.
Psychiatry education and requirements
To become a psychiatrist, one should obtain a Bachelor of Science degree of any of the following majors: chemistry, biology, psychology or engineering. After gaining a bachelor’s degree in any of these majors, an aspiring candidate must obtain a Doctor of Medicine (MD) or Doctor of Osteopathic Medicine (DO). Psychiatrists need to have the same medical training curriculum that all medical doctors undergo. Together with understanding around your brain, you’ll be discovering the way the body functions and the way to treat all kinds of illnesses. After gaining doctor of medicine, the aspiring psychiatrist must pass the examination of the American Osteopathic Board of Neurology and Psychiatry, AOBNP or by the American Board of Psychiatry and Neurology, ABPN.
Conclusion about psychiatry salary
Psychiatry salary in United States according to payscale ranges from $29,695 to $52,979 with the median receiving around $$40,000. In United Kingdom, Psychiatry salary ranges from £20,000 to £31,000 with the median receiving around £24,000 per annum. Psychiatry salary in Canada ranges from AU$40,840 to AU$73,700 with the median collecting around C$60,000. Psychiatry salary in Australia ranges from AU$35,890 to AU$70,877 with the median collecting around AU$52,000.