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How is life as a doctor in Singapore?

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  #8831 (permalink)  
Old 29-11-2024, 08:21 PM
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Yes Med is still the best career risk adjusted. Just went back for an alumni gathering at Raffles. Most of those high flyer IB kids who made me jealous with their 10k fresh out of Uni monthly salaries years ago, have either quit or become retrenched. Now struggling in lesser bank roles making only 200k an annum.

The law kids don’t have it better either. Most have left for in house roles stagnating at 180k-250k a year. Only one made equity at an international firm.

Meanwhile I am making 600k a year as a co owner of an aesthetic practice..which is good considering those friends had better A level grades than me
Should check the age of people on the forum. Reality is everyone complains until around 35 when they see how they make good money risk free and have good work life balance while people in other friends struggle. Sure it sucks at the start but ur career is 30 years not 5. Congrats bro/sis. May I ask what your journey was like from Med school to now?

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  #8832 (permalink)  
Old 29-11-2024, 08:40 PM
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Should check the age of people on the forum. Reality is everyone complains until around 35 when they see how they make good money risk free and have good work life balance while people in other friends struggle. Sure it sucks at the start but ur career is 30 years not 5. Congrats bro/sis. May I ask what your journey was like from Med school to now?
I did my med school at Adelaide and came back to Singapore. Trained in FM and worked in many big chains including Raffles and Healthway for around 8 years before I made the switch fully to aesthetics.

Started at 160k a year in aesthetics which was a pay cut from my FP salary that time in 2012.

Worked slowly and honed skills at 3 different skin clinics . Had the ripe opportunity in 2022, to take over the premises of a former skin clinic that went bust due to covid.

Coming back to the main point, medicine is still the best career if you want income and flexibility. I know a friend who’s doing locum GP 3 days a week and she’s still pulling over $14000 a month.. locum rates have increased to $120-$140/h now

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  #8833 (permalink)  
Old 29-11-2024, 09:16 PM
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Should check the age of people on the forum. Reality is everyone complains until around 35 when they see how they make good money risk free and have good work life balance while people in other friends struggle. Sure it sucks at the start but ur career is 30 years not 5. Congrats bro/sis. May I ask what your journey was like from Med school to now?
Banker bro here again
Bros here do you guys care about prestige / pride or money only?

If you are a derm, you have both.

But if you are renal or geris, I guess no money but staying on the public track you will be clinical prof.
You are a specialist, you make ok income, tell lay people you are a prof teaching doctors. Probably also take up admin position in hospital or med school, figure out some ways to nepo forward for your kids.

Aesthetics - you do GP, lay people don't know how much you make anyway. They call you a GP who does botox. Unless you have really solid bros back then, otherwise people aren't giving you face for nepos just because you are a GP making some decent money. If you are entrepreneurial enough, maybe you make more than lawyers bankers but otherwise you guys are making similar money.

Feels like being able to nepo is the biggest advantage of this career. Friends got pubs back in uni, first pub came from working under dad's bros.

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  #8834 (permalink)  
Old 29-11-2024, 09:33 PM
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Should check the age of people on the forum. Reality is everyone complains until around 35 when they see how they make good money risk free and have good work life balance while people in other friends struggle. Sure it sucks at the start but ur career is 30 years not 5. Congrats bro/sis. May I ask what your journey was like from Med school to now?
Banker bro here again
Bros here do you guys care about prestige / pride or money only?

If you are a derm, you have both.

But if you are renal or geris, I guess no money but staying on the public track you will be clinical prof.
You are a specialist, you make ok income, tell lay people you are a prof teaching doctors. Probably also take up admin position in hospital or med school, figure out some ways to nepo forward for your kids.

Aesthetics - you do GP, lay people don't know how much you make anyway. They call you a GP who does botox. Unless you have really solid bros back then, otherwise people aren't giving you face for nepos just because you are a GP making some decent money. If you are entrepreneurial enough, maybe you make more than lawyers bankers but otherwise you guys are making similar money.

Feels like being able to nepo is the biggest advantage of this career. Friends got pubs back in uni, first pub came from working under dad's bros.
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  #8835 (permalink)  
Old 29-11-2024, 10:17 PM
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Originally Posted by Unregistered View Post
Should check the age of people on the forum. Reality is everyone complains until around 35 when they see how they make good money risk free and have good work life balance while people in other friends struggle. Sure it sucks at the start but ur career is 30 years not 5. Congrats bro/sis. May I ask what your journey was like from Med school to now?
Banker bro here again
Bros here do you guys care about prestige / pride or money only?

If you are a derm, you have both.

But if you are renal, path or geris, I guess no money but staying on the public track you will be clinical prof.
You are a specialist, you make ok income, tell lay people you are a prof teaching doctors. Probably also take up admin position in hospital or med school, figure out some ways to nepo forward for your kids.

Aesthetics - you do GP, lay people don't know how much you make anyway. They call you a GP who does botox. Unless you have really solid bros back then, otherwise people aren't giving you face for nepos just because you are a GP making some decent money. If you are entrepreneurial enough, maybe you make more than lawyers bankers but otherwise you guys are making similar money.

Feels like being able to nepo is the biggest advantage of this career. Friends got pubs back in uni, first pub came from working under dad's bros.
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  #8836 (permalink)  
Old 29-11-2024, 11:18 PM
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Yea true also. This is doable for a lot of mid career GP who own their clinic
I don't own any clinic. I do assessments for patients and make recommendations.

Technically I don't do typical GP work. Higher premium per patient.
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  #8837 (permalink)  
Old 29-11-2024, 11:25 PM
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Banker bro here again
Bros here do you guys care about prestige / pride or money only?

If you are a derm, you have both.

But if you are renal, path or geris, I guess no money but staying on the public track you will be clinical prof.
You are a specialist, you make ok income, tell lay people you are a prof teaching doctors. Probably also take up admin position in hospital or med school, figure out some ways to nepo forward for your kids.

Aesthetics - you do GP, lay people don't know how much you make anyway. They call you a GP who does botox. Unless you have really solid bros back then, otherwise people aren't giving you face for nepos just because you are a GP making some decent money. If you are entrepreneurial enough, maybe you make more than lawyers bankers but otherwise you guys are making similar money.

Feels like being able to nepo is the biggest advantage of this career. Friends got pubs back in uni, first pub came from working under dad's bros.
IMHO people are the root of unhappiness. Negativity comes from other people. Not nature.

If you avoid people you can have more peace. Forget about what respect/pride/prestige. That's all from people. If there are no people you won't bother about that.

Medicine unfortunately is a people industry dealing with sick miserable unhappy people. The worst is to do low value per encounter high volume work.

Goal is to do high value per encounter low volume work. There are pockets of these opportunities around the world including Singapore. When I look at a field to explore I will determine what the value per encounter is going to be and how much additional low value follow up encounters are required. Also the probability of encountering patients who have demands that cannot be met and still be stuck with them. Do not want these.

Money is one thing. But you also don't want to drive yourself to the point of feeling used and abused and depressed making the money.
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  #8838 (permalink)  
Old 30-11-2024, 12:45 AM
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Is 600k really an average GP annual income. Then what’s the point of specialisation when specialists in restructured hospital especially non procedural or surgical are making 400-500k. How common is it to get 600k to 1M as a GP. I realised this thread has a lot of contradicting info. Please provide factual information and dun exxagerate.

For GP owner, when u said 600k is net biz expenses or gross revenue.
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  #8839 (permalink)  
Old 30-11-2024, 01:00 AM
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Is 600k really an average GP annual income. Then what’s the point of specialisation when specialists in restructured hospital especially non procedural or surgical are making 400-500k. How common is it to get 600k to 1M as a GP. I realised this thread has a lot of contradicting info. Please provide factual information and dun exxagerate.

For GP owner, when u said 600k is net biz expenses or gross revenue.
GP in pte sector is 600k. Not public sector.

You compare specialist in public sector vs GP in pte sector is not fair.

Compare pte specialist with pte GPs. You will see it is still very much more worthwhile to specialize.

600k a year in Singapore is nothing.
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  #8840 (permalink)  
Old 30-11-2024, 01:10 AM
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Is 600k really an average GP annual income. Then what’s the point of specialisation when specialists in restructured hospital especially non procedural or surgical are making 400-500k. How common is it to get 600k to 1M as a GP. I realised this thread has a lot of contradicting info. Please provide factual information and dun exxagerate.

For GP owner, when u said 600k is net biz expenses or gross revenue.
ofc not average la but it’s doable. It’s above average but not the 1%. People may have other interests also tho. A public specialist has time for admin, teaching, research so they may enjoy that as well.
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