A person working as Physician - Hematology / Oncology in United States typically earns around 260,000 USD per year. Salaries range from 140,000 USD (lowest) to 392,000 USD (highest).
This is the average yearly salary including housing, transport, and other benefits. Physician - Hematology / Oncology salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Physician - Hematology / Oncology salaries in United States range from 140,000 USD per year (starting salary) to 392,000 USD per year (maximum salary). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.
The median salary is 232,000 USD per year, which means that half (50%) of people working as Physician - Hematology / Oncology(s) are earning less than 232,000 USD while the other half are earning more than 232,000 USD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Physician - Hematology / Oncology(s) are earning less than 194,000 USD while 75% of them are earning more than 194,000 USD. Also from the diagram, 75% of Physician - Hematology / Oncology(s) are earning less than 262,000 USD while 25% are earning more than 262,000 USD.
We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights on how salaries are actually distributed. Around 65% of all reported figures are in the range 154,000 USD to 207,000 USD. Approximatly 20% fall under the 154,000 USD cap. Ten percent of wages are from 207,000 USD to 231,000 USD. Only 5% of people grossed 231,000 USD or more.
|0 - 2 Years|
|2 - 5 Years||+26%|
|5 - 10 Years||+32%|
|10 - 15 Years||+18%|
|15 - 20 Years||+11%|
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Physician - Hematology / Oncology salaries by experience level and this is what we found.
Employees with less than two years of experience makes approximately 163,000 USD per year.
While someone with an experience level between two and five years is expected to earn 206,000 USD per year, 26% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 271,000 USD per year, 32% more than someone with two to five years of experience.
Additionally, Physician - Hematology / Oncology whose expertise span anywhere between ten and fifteen years get a salary equivalent to 319,000 USD per year, 18% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 353,000 USD per year, 11% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 376,000 USD per year, 6% more than people with fifteen to twenty years of experience.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Physician - Hematology / Oncology employees in United States earn 5% more than their female counterparts on average.
Physician - Hematology / Oncology(s) in United States are likely to observe a salary increase of approximately 13% every 15 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
Listed above are the average annual increase rates for each industry in United States for the year 2022. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
"Physician - Hematology / Oncology" is considered to be a high bonus-based job. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
19% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 81% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 6% to 7% of their annual salary.
The most standard form of bonus where the employee is awarded based on their exceptional performance.Company Performance Bonuses
Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.Goal-Based Bonuses
Granted upon achieving an important goal or milestone.Holiday / End of Year Bonuses
These types of bonuses are given without a reason and usually resemble an appreciation token.
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
The main two types of jobs
|Revenue Generators||Supporting Cast|
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.
Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
|Average Salary 2019|
|Average Salary 2020||+2%|
|Average Salary 2021||+2%|
|Average Salary 2022||+2%|
Physician - Hematology / Oncology salaries in United States are on the rise in the year 2023 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2022 are 2% higher than those of 2021. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from industry to another.
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
The minimum pay rate per hour for 'Physician - Hematology / Oncology' in United States is 67 USD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
The average salary for Physician - Hematology / Oncology is 17% more than that of Doctor / Physician. Also, Doctor / Physician salaries are 57% more than those of Health and Medical.
|Job Title||Average Salary|
|Advanced Nutrition Aide||131,000 USD||-50%|
|Advanced Practice Provider||128,000 USD||-51%|
|Behavioral Health Specialist||107,000 USD||-59%|
|Clinical Psychologist||292,000 USD||+12%|
|Correctional Treatment Specialist||179,000 USD||-31%|
|Counseling Psychologist||224,000 USD||-14%|
|Emergency Department Physician||221,000 USD||-15%|
|Exercise Physiologist||218,000 USD||-16%|
|Forensic Pathologist||259,000 USD||-0%|
|General Medical Practitioner||187,000 USD||-28%|
|Genetic Counselor||156,000 USD||-40%|
|Invasive Cardiologist||391,000 USD||+50%|
|Mental Health Therapst||161,000 USD||-38%|
|Naturopathic Physician||278,000 USD||+7%|
|Neurophysiology Technologist||85,400 USD||-67%|
|Nuclear Medicine Physician||256,000 USD||-1%|
|Obstetrician / Gynecologist||268,000 USD||+3%|
|Occupational Health Safety Specialist||130,000 USD||-50%|
|Physical Therapist||153,000 USD||-41%|
|Physical Therapy Director||182,000 USD||-30%|
|Physician - Anesthesiology||350,000 USD||+35%|
|Physician - Cardiology||349,000 USD||+34%|
|Physician - CCU||204,000 USD||-21%|
|Physician - Dermatology||296,000 USD||+14%|
|Physician - Emergency Room||207,000 USD||-20%|
|Physician - Endocrinology||272,000 USD||+5%|
|Physician - Family Practice||195,000 USD||-25%|
|Physician - Gastroenterology||272,000 USD||+5%|
|Physician - Generalist||203,000 USD||-22%|
|Physician - Geriatrics||180,000 USD||-31%|
|Physician - Hematology / Oncology||260,000 USD||+0%|
|Physician - Immunology / Allergy||285,000 USD||+10%|
|Physician - Infectious Disease||250,000 USD||-4%|
|Physician - Internal Medicine||314,000 USD||+21%|
|Physician - Maternal / Fetal Medicine||234,000 USD||-10%|
|Physician - Nephrology||295,000 USD||+14%|
|Physician - Neurology||304,000 USD||+17%|
|Physician - Nuclear Medicine||240,000 USD||-8%|
|Physician - Obstetrics / Gynecology||262,000 USD||+1%|
|Physician - Occupational Medicine||208,000 USD||-20%|
|Physician - Ophthalmology||182,000 USD||-30%|
|Physician - Otolaryngology||176,000 USD||-32%|
|Physician - Pain Medicine||169,000 USD||-35%|
|Physician - Pathology||221,000 USD||-15%|
|Physician - Pediatric Cardiology||255,000 USD||-2%|
|Physician - Pediatric Neonatology||251,000 USD||-3%|
|Physician - Pediatrics||233,000 USD||-10%|
|Physician - Physiatry||237,000 USD||-9%|
|Physician - Podiatry||224,000 USD||-14%|
|Physician - Pulmonary Medicine||182,000 USD||-30%|
|Physician - Radiation Therapy||307,000 USD||+18%|
|Physician - Radiology||286,000 USD||+10%|
|Physician - Rheumatology||260,000 USD||+0%|
|Physician - Sports Medicine||265,000 USD||+2%|
|Physician - Urology||319,000 USD||+23%|
|Physician Assistant||154,000 USD||-41%|
|Preventive Medicine Physician||220,000 USD||-15%|
|Registered Respiratory Therapist||156,000 USD||-40%|
|Skin Care Specialist||141,000 USD||-46%|
|Vision Rehabilitation Therapist||163,000 USD||-37%|
|Iowa City||197,000 USD|
|Kansas City||234,000 USD|
|Las Vegas||252,000 USD|
|Long Beach||232,000 USD|
|Los Angeles||313,000 USD|
|New Orleans||220,000 USD|
|New York||304,000 USD|
|Oklahoma City||251,000 USD|
|San Antonio||301,000 USD|
|San Diego||294,000 USD|
|San Francisco||275,000 USD|
|San Jose||286,000 USD|
|Washington D.C.||257,000 USD|
|District of Columbia||232,000 USD|
|New Hampshire||233,000 USD|
|New Jersey||268,000 USD|
|New Mexico||235,000 USD|
|New York||271,000 USD|
|North Carolina||261,000 USD|
|North Dakota||233,000 USD|
|Rhode Island||226,000 USD|
|South Carolina||250,000 USD|
|South Dakota||221,000 USD|
|West Virginia||236,000 USD|
Where can you get paid more, working for a private company or for the government? Public sector employees in United States earn 5% more than their private sector counterparts on average across all sectors.
A good and competitive compensation would range anywhere between 232,000 USD and 262,000 USD. This is a very rough estimate and your experience and education will play a very huge part into your final earnings.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salart after tax for every career.
The base salary for Physician - Hematology / Oncology in United States is ranges from 194,000 USD to 262,000 USD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range in a grain of salt.
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
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