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Odyssey RecruitmentMedical Professionals Salary Survey
May 2016
Approach & Methodology
An online survey was developed by Odyssey Recruitment to better understand the global medical employment marketplace
The survey covered a number of key areas including salaries, benefits, moving job roles, job security and recruitment challenges
The survey was distributed via email to respondents in the medical profession -fieldwork took place between 18th – 29th April 2016
A total of 373 respondents completed the survey
Survey design, fieldwork, analysis & reporting was handled by Robust Insight Ltd, a third party market research agency
The following report details the aggregated results from the survey
Sub group analysis has also been conducted using gender, age, time in medicine, country of work (top 5) and medical speciality (top 5)
2
Executive Summary
Less than four out of ten medical professionals surveyed were satisfied with their total remuneration package
Almost half had received a pay increase in the last 12 months, whilst one in ten had received a pay cut
Almost half anticipated a pay increase in the next 12 months - on average a 12% pay rise was considered acceptable to stay in the same role and a 31% pay increase would be enough motivation to move job roles
Over a quarter received a bonus in the last year - the average bonus was 26% of basic pay Medical professionals were most likely to have found their current position through a
direct approach from the organisation or a personal contact Salary and location were the two main reasons why medical professionals left their last job Over eight out of ten were actively looking or were considering a new role in the next 12
months - almost three quarters of these would consider relocating internationally They were most likely to use a recruitment company, personal contacts or networking to
look for a new role The most important benefits for medical professionals were 25 days paid annual leave,
medical cover and malpractice insurance− Although salary / income was the most important factor in accepting a job offer
Poor financial remuneration and poor management were seen as the two biggest recruitment challenges for hospitals and clinics
3
Respondent Demographics
4
88%
12%
42% 36%22%
Gender Age
21-39 40-49 50+
Time in Medicine
25% 11-16 yrs
17% 10 yrs or less
58% Over 16 yrs
Country (Top 5)
14%
13%
13%
12%
5%
Consultant
73%
Job Title (Top 3)
GP
6%
Director
9%
Medical Speciality (Top 3)
15%
General Surgery / Family Medicine
Intensive Care
7% 7%
Paediatrics
Please see Appendix for full demographic breakdown
Employment Status & Working Hours
Most medical professionals were employed on a full time basis (95%) and received some form of salary (87%)
Females were significantly more likely than males to work part time hours (9% vs. 2%) Medical professionals in the USA (22%) were significantly more likely than those
working in UAE (4%) or KSA (0%) to be employed on a fee for service contract
52%
20%
14%
13%
Salary
Salary with benefits package
Salary with incentive scheme
Fee for Service
How are you employed?
95%
3%
2%
Full time (30 hours per week ormore)
Part time (less than 30 hoursper week)
Flexible locum
What are your typical working hours?
5Sample size n=373
Annual Salary
Basic annual salary & total annual salary including bonus
6
Top 5 currencies Sample size
Basic Annual Salary Annual salary including bonus
Mean Median Mean Median
EUR 66 € 169,198 € 77,500 € 138,636 € 92,500
USD 57 $300,619 $300,000 $320,513 $334,000
GBP 52 £90,624 £85,000 £106,234 £99,000
AED 51 AED 619,108 AED 400,000 AED 702,079 AED 650,000
SAR 50 SAR 522,141 SAR 360,000 SAR 525,800 SAR 500,000
NB: Due to small sample size (n=<20) other currencies could not be analysed
Benefits
Medical professionals were most likely to receive medical cover (47%) and malpractice insurance (38%) as benefits
Over a quarter (27%) received no benefits
Those who had worked in the profession for more than 16 years were significantly more likely than those who had worked in the profession for 10 years or less to receive accommodation (36% vs. 21%) and flights (36% vs. 25%)
7
47%
38%
32%
32%
31%
27%
17%
10%
8%
27%
Medical cover
Malpractice insurance
Accommodation
Flights
Education allowance
Transport allowance
Relocation allowance
Utility allowance
Other
I do not receive any benefits
Do you receive any of the following benefits?
Sample size n=373
Satisfaction with Pay Increase
Almost half had received a pay increase in the last 12 months
Those aged 21-39 were significantly more likely than those aged 40 or older to have received a pay increase (59% vs. 43%)
8
47%53%
Did you receive a pay increase in the last 12 months?
Yes
No
13% 17% 30% 29% 11%
How satisfied were you with your pay increase?
Very dissatisfied Fairly dissatisfied Neither Fairly satisfied Very satisfied
Four out of 10 were fairly or very satisfied with their pay increase
Those aged 21-39 were significantly more likely than those aged 40 or older to be satisfied (53% vs. 35%)
Sample size n=373
Sample size n=174
Pays Cuts and Increases
Only 1 out of 10 had received a pay cut in the last 12 months – those working in the UK were the most likely to have received a pay cut (14%)
Almost half anticipated a pay increase in the next 12 months – those working in the USA were the most likely to anticipate a pay increase (60%)
9
47%53%
Do you anticipate a pay increase in the next 12 months?
Yes
No
10%
90%
Have you experienced a pay cut in the last 12 months?
Yes
No
Sample size n=373
Acceptable Pay Rise
On average respondents felt a 12% pay rise would be acceptable
Females demanded significantly higher pay rises than males (16% vs. 11%)
10
5%
29%27%
16%
8%
3%2%
9%
Less than 3% 3-5% 6-10% 11-15% 16-20% 21-25% 26-30% Above 30%
What percentage of your annual basic salary would you consider acceptable as a pay rise?
12%Average acceptable
pay increase
Sample size n=373 Average based on midpoints
Acceptable Pay Increase To Move
11
1%2%
7%
11%
20%
13%
6%
15%
25%
Less than 3% 3-5% 6-10% 11-15% 16-20% 21-25% 26-30% 31-50% Above 50%
If you were considering changing your job, what would be an acceptable pay increase to motivate you to move?
31%Average acceptable
pay increase to move
On average respondents felt a 31% pay increase would be acceptable motivation to move job roles
UK-based medical professionals demanded the largest average pay increase to move (40% compared to 22% in USA)
Sample size n=373 Average based on midpoints
Bonus
Over a quarter received a bonus in the last year
Those working in the USA were the most likely to have received a bonus (62% vs. 4% in the UK)
The average bonus was 26% of basic pay
Seven out of 10 of those who had received a bonus said it had remained the same as last year
12
27%
73%
Did you receive a bonus this year?
Yes
No
10%
71%
19%
How did that differ from last year’s bonus?
Increased
Remained thesame
Decreased
28%
24%
18%
11%
4%7% 7%
Less than10%
10-19% 20-29% 30-39% 40-49% 50-59% 60% ormore
What percentage of basic pay was the bonus?
Sample size n=373 Sample size n=99
Sample size n=99
Average based on midpoints
Satisfaction with remuneration package
Less than 4 out of 10 medical professionals (38%) were satisfied with their total remuneration package
A further quarter were neither satisfied nor dissatisfied (25%) and 37% were dissatisfied
13
13% 24% 25% 30% 8%
How satisfied are you with your total remuneration package?
Very dissatisfied Fairly dissatisfied Neither Fairly satisfied Very satisfied
MOST LIKELY GROUPS TO BE SATISFIED
- USA 62%- Intensive Care 56%- Aged 21-39 46%- Males 39%
LEAST LIKELY GROUPS TO BE SATISFIED
- Aged 50 or older 33%- Females 30%- UK 22%- General Surgery 20%
Sample size n=373
Current Medical Position
Over half (55%) had been in their current job role for less than 5 years It took an average of 7 months for medical professionals to find their current position
14
11%
21%
23%
13%
9%
4%
19%
Less than a year
1-2 years
3-4 years
5-6 years
7-8 years
9-10 years
Over 10 years
How long have you been in your current role?
24%
28%
20%
10%
8%
11%
Up to 1 month
1-3 months
4-6 months
7-12 months
1-2 years
Over 2 years
How long did it take to find your current position?
Sample size n=373 Average based on midpoints
Finding Current Position
Over a third of medical professionals were approached directly for their current position (36%) and a quarter used a personal contact (24%)
Less than 1 out of 20 found their current position through LinkedIn or other social media websites (4%)
UK medical professionals were the most likely to have found their current position through online advertising (46% compared to 7% in USA)
15
36%
24%
16%
15%
10%
8%
7%
6%
3%
1%
3%
2%
Direct approach
Personal contact
Recruitment agency
Advertising online
Networking
Headhunting
Internal promotion
Advertising print media
Social media other than LinkedIn
Other
Don't know / can't remember
How did you find your current position?
Sample size n=373
Reasons for Leaving Last Job
Salary (31%) and location (26%) were the two main reasons why medical professionals left their last job
A further quarter left for personal reasons (24%) and 18% sought better benefits
Those aged 21-39 were significantly more likely than those aged 50 or older to leave due to lack of training opportunities (29% vs. 4%), stress of the job (16 vs. 6%) or culture (16% vs. 5%)
16
31%
26%
24%
18%
14%
12%
11%
11%
8%
8%
8%
5%
3%
2%
6%
3%
Better salary
Location
Personal reasons
Better benefits
Career change
Training opportunity
Promotion
Stressful job
Contract expired
Move to private practice
Cultural Fit
Better bonus
Move to fee for service
Redundancy
Other
Don't know / can't remember
What were the main reasons you left your last job?
Sample size n=373
Job security
Over half (57%) felt fairly or very secure in their job
A further quarter (27%) were neutral and 17% felt insecure
17
5% 12% 27% 33% 24%
How would you rate your current job security?
Very insecure Fairly insecure Neutral Fairly secure Very secure
MOST LIKELY GROUPS TO FEEL SECURE
- USA 80%- Paediatrics 72%- Aged 50 or older 59%- Males 58%
LEAST LIKELY GROUPS TO FEEL SECURE
- Aged 21-39 53%- Females 50%- General Surgery 43%- KSA 48%
Sample size n=373
Career in 5 Years’ Time
Around two-thirds expected to continue in their same job role in 5 year’s time
Almost 1 out of 10 planned to apply for a managerial role
Those with 10 years experience or less were significantly more likely than those with over 16 years experience to move from general practice to specialist training (8% vs. 0%)
18
64%
8%
2%
1%
1%
0%
9%
15%
Continue in the same role
Leave clinical medicine for amanagerial role
Move from general practice tospecialist training
Change speciality
Leave medicine altogether
Move from specialist training togeneral practice
Other
Don’t know
Where do you see your career in medicine in 5 years’ time?
Sample size n=373
Changing Job Role
Over 8 out of 10 medical professionals (83%) were actively looking or were considering a new role in the next 12 months
− UK medical professionals were the most likely to be actively looking or considering a new role (92% compared to 74% in KSA)
Almost three quarters would consider relocating internationally for a new role− UK medical professionals were the most likely to consider relocating internationally for a new
role (85% compared to 65% in UAE) 19
31%
52%
17%
Yes, I will actively look for anew role
Maybe, I may consider anew role if the right job
arises
No, I will not look for a newrole
Do you anticipate changing jobs within the next 12 months?
Sample size n=373
74%
23%
2%
Yes
Maybe
No
Would you consider relocating internationally for a new role?
Sample size n=311
Looking for a New Role
Medical professionals actively looking or considering a new role in the next 12 months were most likely to use a recruitment company (66%), personal contacts (50%) or networking (45%)
Medical professionals in different countries used alternative methods for looking for a new role:-
- UK: BMJ (70% vs. 3% USA)- UAE: LinkedIn (42% vs. 22% UK)- KSA: Recruitment Company (82% vs. 56% USA)- USA: Networking (53% vs. 44% UAE)
20
66%
50%
45%
30%
26%
10%
4%
3%
2%
7%
6%
Recruitment Company
Personal contacts
Networking
BMJ
Social Media other than LinkedIn
Lancet
New England Journal ofMedicine
CMAJ
Other
Don’t know
Where would you look for a new role?
Sample size n=311
New Role Preferences
Over 7 out of 10 (72%) preferred a salary package in their new role
Almost 6 out of 10 preferred (58%) to work in the public sector and 36% preferred the private sector
− Those working in KSA (81%) or UK (74%) were the most likely to prefer the public sector, whilst those working in USA were the most likely to prefer the private sector (50%)
21
72%
10%
18%
Salary
Fee for service
No preference
Which package would you prefer in your new role?
58%
36%
6%
Public hospitalsand clinics
Private hospitalsector
In house companywork e.g. oil
company
Which sector would you prefer in your new role?
Sample size n=311
Importance of Benefits
The most important/ vital benefits for medical professionals were 25 days paid annual leave (86%), medical cover (80%) and malpractice insurance (78%)
Medical cover, housing and flights were significantly more important to medical professionals in KSA
A retention bonus was significantly more important to medical professionals in USA
22
2%
4%
5%
8%
9%
10%
14%
14%
19%
10%
18%
12%
16%
17%
21%
25%
26%
24%
25%
20%
32%
28%
34%
34%
35%
38%
38%
49%
40%
38%
40%
42%
42%
52%
46%
42%
34%
28%
15%
21%
23%
21%
16%
13%
25 days paid annual leave
Medical Cover
Malpractice Insurance
Accommodation
Housing Contributions
Incentive Scheme
Education Contributions
Flights
Pension scheme
Retention Bonus
Sign Up Bonus
How important are the following benefits to you?
Not important Quite important Important Vital
Sample size n=373
Most Important Factor
Almost half of medical professionals felt salary / income was the most important factor in accepting a job offer
Males were significantly more likely than females to select salary / income (50% vs. 33%)
Whereas females were significantly more likely than males to select career change (11% vs. 2%)
Those aged 21-39 were significantly more likely than those aged 40 or older to select training opportunities (15% vs. 2%)
23
48%
11%
9%
8%
6%
5%
5%
3%
3%
1%
0%
Salary / income
Job security
Location
Benefits package
Family reasons
Training opportunities
Company culture
Career change
Promotion
Private practice
Other
What is the ONE most important factor in accepting a job offer?
Sample size n=373
Medical Team
There were an average of 20 people in each medical team
Over half (51%) expected their medical team to grow this year
24
25%
22%
15%
9%
28%
Less than 5
6-10
11-19
20-29
30 or more
How many people are in your medical team?
7%
42%
28%
17%
7%
Decreased head count
No head count growth
1-5% growth
6-10% growth
Above 10% growth
How do you expect headcount to change this year?
Average based on midpointsSample size n=373
Recruitment Challenges
Poor financial remuneration (43%) and poor management (42%) were seen as the two biggest recruitment challenges for hospitals and clinics
A third also mentioned either organisational culture (33%), lack of career progression (33%) or lack of financial resources (33%)
25
43%
42%
33%
33%
33%
31%
30%
22%
8%
1%
6%
Poor financial remuneration
Poor management
Organisation culture
Lack of career progression
Lack of financial resources
Lack of skilled staff
Poor working conditions
Poor training opportunities
Outsourcing
Other
Don't know
What do you think are the biggest recruitment challenges for hospitals and clinics?
Sample size n=373
26
Appendix
Gender and Age
27
88%
12%
What is your gender?
Male
Female
2%
20%
42%
31%
4%
1%
21- 29
30-39
40-49
50-59
60-64
65 and over
What age category do you fall within?
Sample size n=373
Time in Medicine
28
0% 0%3% 5% 5% 4%
6%3%
7% 8%
58%
Less than1 year
1-2 years 3-4 years 5-6 years 7-8 years 9-10 years 11-12years
12-13years
13-14years
15-16years
Over 16years
How long have you practiced medicine?
Sample size n=373
Country of Work
29
14%13%
13%12%
5%3%
3%3%3%
2%2%
2%2%
1%1%1%
1%1%1%1%1%1%1%
1%1%1%1%1%1%
8%
United Arab EmiratesSaudi Arabia
EnglandUnited States of America
ItalyFrance
CanadaSpain
PakistanAustralia
IndiaQatar
GermanyRepublic of Ireland
GreeceSouth AfricaSwitzerland
SwedenDenmarkPortugal
OmanKuwait
LebanonNew Zealand
BelgiumNorwayJordanTunisia
SingaporeOther
Which country is your current role located?
Sample size n=373
Job Title
30
5%
2%
7%
54%
17%
3%
1%
6%
1%
5%
Professor
Clinical Director
Medical Director
Consultant
Associate Consultant / Specialist
Registrar / Assistant Consultant
Senior House officer / Resident
General Practitioner / Family Physician
Hospitalist
Other
Which of the following best describes your job title?
Sample size n=373
Medical Speciality
31
8%7%
7%7%
6%6%
6%5%
4%3%
3%3%3%
3%2%2%2%
2%2%
2%2%2%
1%1%
1%1%
1%1%1%1%
0%0%0%0%
5%
General Surgery
Family Medicine / General Practice
Intensive Care Medicine
Paediatrics
Anaesthesia
Radiology
Orthopaedic Surgery
Internal Medicine
Obstetrics and Gynaecology
Emergency Medicine
Ophthalmology
Neurology
Urology
Oncology
Neurosurgery
Pathology and Laboratory Medicine
Plastic Surgery
Vascular Surgery
ENT Surgery
Cardiology
Pulmonology
Nephrology
Gastroenterology
Psychiatry
Cardiac Surgery
Endocrinology
Allergy and Immunology
Rheumatology
Dermatology
Public Health Medicine
Haematology
Geriatrics
Thoracic Surgery
Infectious Diseases Medicine
Other
In which speciality do you work?
Sample size n=373
