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16-06-2023, 06:01 AM
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Quote:
Originally Posted by Unregistered
Any median performer who passes the MBBS will be guaranteed a salary of 200K/year as a private GP eventually.
This is unlike in other faculties where getting an upper second or even first class, is by no means any guarantee of a 6 figure annual sum
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Median performer who passes MBBS......
People who get into medicine and complete MBBS are not your usual "median performers" in life in the first place. They have to be top tier.
Therein lies the problem. Expectations.
Sure there is no guarantee to being a top performer in other fields. But there is always that nagging thought "what could be....."
The people who talk about "median performer who passes MBBS.." are the median performers in every other faculty. Not the top.
Medicine also doesn't pay for results. It pays for volume of work done, number of patients seen. Which is why there is no real good "performance based bonus" program. In the public sector they count KPI in the admin stuff, research done, Work improvement projects etc, which isn't really anything direct to the treatment and results for patients.
The establishment doesnt like to openly tell doctors this. But they dont reward you for getting patients results. You do the usual. Do no harm. And service as many as you can. That's what pays. Or you play the admin game. Pass exams. Collect titles to get promoted with higher SALARIES.
Sooner young drs figure this out the better.
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17-06-2023, 03:09 PM
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Quote:
Originally Posted by Unregistered
Median performer who passes MBBS......
People who get into medicine and complete MBBS are not your usual "median performers" in life in the first place. They have to be top tier.
Therein lies the problem. Expectations.
Sure there is no guarantee to being a top performer in other fields. But there is always that nagging thought "what could be....."
The people who talk about "median performer who passes MBBS.." are the median performers in every other faculty. Not the top.
Medicine also doesn't pay for results. It pays for volume of work done, number of patients seen. Which is why there is no real good "performance based bonus" program. In the public sector they count KPI in the admin stuff, research done, Work improvement projects etc, which isn't really anything direct to the treatment and results for patients.
The establishment doesnt like to openly tell doctors this. But they dont reward you for getting patients results. You do the usual. Do no harm. And service as many as you can. That's what pays. Or you play the admin game. Pass exams. Collect titles to get promoted with higher SALARIES.
Sooner young drs figure this out the better.
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Problem is that people who do medicine tend to be surrounded by elites anyway. Hence their comparison is always going to be with these people. For example, my jc class has 21 students, 10 entered medicine (either sg or overseas), the remaining are either Astar/ psc scholars or went to ivy league unis or ox-bridge. In actual fact zero went to nus to study anything else other than medicine. (Interestingly no one did law, but I was from a bio/chem/math/econ class lah)
Hence we will always compare with these people and not the normal blue collar workers in the other industries. All of a sudden 200k/year don't sound a lot .
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17-06-2023, 05:40 PM
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Quote:
Originally Posted by Unregistered
Problem is that people who do medicine tend to be surrounded by elites anyway. Hence their comparison is always going to be with these people. For example, my jc class has 21 students, 10 entered medicine (either sg or overseas), the remaining are either Astar/ psc scholars or went to ivy league unis or ox-bridge. In actual fact zero went to nus to study anything else other than medicine. (Interestingly no one did law, but I was from a bio/chem/math/econ class lah)
Hence we will always compare with these people and not the normal blue collar workers in the other industries. All of a sudden 200k/year don't sound a lot .
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Law is not even lucrative unless you are in the top 5% that can get into an international firm.
NQ pay for Big 4 starts at $6500-$7000 a month and the hours are comparable to a MO.
Let’s not even get into business/finance, only the very few minority can make it into investment banking
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17-06-2023, 11:44 PM
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Quote:
Originally Posted by Unregistered
Law is not even lucrative unless you are in the top 5% that can get into an international firm.
NQ pay for Big 4 starts at $6500-$7000 a month and the hours are comparable to a MO.
Let’s not even get into business/finance, only the very few minority can make it into investment banking
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Agree my classmates are lawyers.
They move in house after a while
But maybe they are mediocre.
As a gp I earn 20% more than them.
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18-06-2023, 04:03 PM
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Quote:
Originally Posted by Unregistered
Agree my classmates are lawyers.
They move in house after a while
But maybe they are mediocre.
As a gp I earn 20% more than them.
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How much you earn?
Got 400 to 500k a year?
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18-06-2023, 05:55 PM
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Quote:
Originally Posted by Unregistered
How much you earn?
Got 400 to 500k a year?
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200k iras NOA.
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19-06-2023, 04:15 PM
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Quote:
Originally Posted by Unregistered
Hi anyone from private groups here? heard some are hiring with sign on bonuses - can check how much and where?
Does polyclinic have sign on bonus too?
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I think it's OneCare GP. I see them posting on locum groups that they are hiring. You will have to email/contact them to check on the details.
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20-06-2023, 01:47 AM
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Quote:
Originally Posted by Unregistered
200k iras NOA.
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200k pretax? Is that a lot these days?
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20-06-2023, 09:28 PM
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Verified Member
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Join Date: Nov 2022
Posts: 15
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Quote:
Originally Posted by Unregistered
200k iras NOA.
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How to earn 200k?
Gp 12k/month. With 1 month bonus
Only 156k/month
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