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Physician - Hematology / Oncology Average Salary in United States 2022

How much money does a Physician - Hematology / Oncology make in United States?


Average Yearly Salary
260,000 USD
( 21,700 USD monthly)

LOW
140,000
USD
AVERAGE
260,000
USD
HIGH
392,000
USD

A person working as a 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 Salary Distribution in United States

Median and salary distribution yearly United States Physician - Hematology / Oncology
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The median, the maximum, the minimum, and the range

  • Salary Range

    Physician - Hematology / Oncology salaries in United States range from 140,000 USD per year (minimum salary) to 392,000 USD per year (maximum salary).

  • Median Salary

    The median salary is 239,000 USD per year, which means that half (50%) of people working as Physician - Hematology / Oncology(s) are earning less than 239,000 USD while the other half are earning more than 239,000 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.

  • Percentiles

    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 171,000 USD while 75% of them are earning more than 171,000 USD. Also from the diagram, 75% of Physician - Hematology / Oncology(s) are earning less than 290,000 USD while 25% are earning more than 290,000 USD.


What is the difference between the median and the average salary?

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

Physician - Hematology / Oncology Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience yearly United States Physician - Hematology / Oncology
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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.

A Physician - Hematology / Oncology 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.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Physician - Hematology / Oncology(s) 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.


Physician - Hematology / Oncology average salary change by experience in United States

0 - 2 Years
163,000 USD
2 - 5 Years+26%
206,000 USD
5 - 10 Years+32%
271,000 USD
10 - 15 Years+18%
319,000 USD
15 - 20 Years+11%
353,000 USD
20+ Years+6%
376,000 USD
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Physician - Hematology / Oncology Salary Comparison By Gender

Salary comparison by gender yearly United States Physician - Hematology / Oncology
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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.

Male
266,000 USD
Female-5%
253,000 USD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United States for all Careers

Salary comparison by gender yearly United States
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Physician - Hematology / Oncology Average Annual Salary Increment Percentage in United States

How much are annual salary increments in United States for Physician - Hematology / Oncology(s)? How often do employees get salary raises?

Physician - Hematology / Oncology

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.

Annual Salary Increment Rate United States Physician - Hematology / Oncology
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

United States / All Professions

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.

How to calculate the salary increment percentage?

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

The average salary increase in one year (12 months) in United States is 6%.

Annual Increment Rate By Industry 2021

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Listed above are the average annual increase rates for each industry in United States for the year 2021. 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.


Worldwide Salary Raises: All Countries and All Jobs

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Physician - Hematology / Oncology Bonus and Incentive Rates in United States

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United States Physician - Hematology / Oncology
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A Physician - Hematology / Oncology is considered to be a high bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. 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.

Received Bonus
81%
No Bonus
19%

Types of Bonuses Considered

Individual Performance-Based Bonuses

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.

Bonuses Are Not Commissions!

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.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting 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.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

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.

Physician - Hematology / Oncology Average Hourly Wage in United States


120 USD per hour

The average hourly wage (pay per hour) in United States is 120 USD. This means that the average Physician - Hematology / Oncology in United States earns approximately 120 USD for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

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.

Physician - Hematology / Oncology VS Other Jobs

Salary Comparison Between Physician - Hematology / Oncology and Health and Medical yearly United States
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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.

Salary comparison with similar jobs

Job TitleAverage Salary
Advanced Nutrition Aide131,000 USD-50%
Advanced Practice Provider128,000 USD-51%
Allergist187,000 USD-28%
Behavioral Health Specialist107,000 USD-59%
Chiropractor115,000 USD-56%
Clinical Psychologist292,000 USD+12%
Correctional Treatment Specialist179,000 USD-31%
Counseling Psychologist224,000 USD-14%
Dermatologist291,000 USD+12%
Dietitian182,000 USD-30%
Doctor231,000 USD-11%
Emergency Department Physician221,000 USD-15%
Exercise Physiologist218,000 USD-16%
Forensic Pathologist259,000 USD-0%
General Medical Practitioner187,000 USD-28%
Genetic Counselor156,000 USD-40%
Internist288,000 USD+11%
Interventionist285,000 USD+10%
Invasive Cardiologist391,000 USD+50%
Mental Health Therapst161,000 USD-38%
Naturopathic Physician278,000 USD+7%
Neurologist297,000 USD+14%
Neurophysiology Technologist85,400 USD-67%
Nuclear Medicine Physician256,000 USD-1%
Obstetrician / Gynecologist268,000 USD+3%
Occupational Health Safety Specialist130,000 USD-50%
Ophthalmologist204,000 USD-21%
Optometrist201,000 USD-23%
Pediatrician238,000 USD-8%
Physical Therapist153,000 USD-41%
Physical Therapy Director182,000 USD-30%
Physician - Anesthesiology350,000 USD+35%
Physician - Cardiology349,000 USD+34%
Physician - CCU204,000 USD-21%
Physician - Dermatology296,000 USD+14%
Physician - Emergency Room207,000 USD-20%
Physician - Endocrinology272,000 USD+5%
Physician - Family Practice195,000 USD-25%
Physician - Gastroenterology272,000 USD+5%
Physician - Generalist203,000 USD-22%
Physician - Geriatrics180,000 USD-31%
Physician - Hematology / Oncology260,000 USD+0%
Physician - Immunology / Allergy285,000 USD+10%
Physician - Infectious Disease250,000 USD-4%
Physician - Internal Medicine314,000 USD+21%
Physician - Maternal / Fetal Medicine234,000 USD-10%
Physician - Nephrology295,000 USD+14%
Physician - Neurology304,000 USD+17%
Physician - Nuclear Medicine240,000 USD-8%
Physician - Obstetrics / Gynecology262,000 USD+1%
Physician - Occupational Medicine208,000 USD-20%
Physician - Ophthalmology182,000 USD-30%
Physician - Otolaryngology176,000 USD-32%
Physician - Pain Medicine169,000 USD-35%
Physician - Pathology221,000 USD-15%
Physician - Pediatric Cardiology255,000 USD-2%
Physician - Pediatric Neonatology251,000 USD-3%
Physician - Pediatrics233,000 USD-10%
Physician - Physiatry237,000 USD-9%
Physician - Podiatry224,000 USD-14%
Physician - Pulmonary Medicine182,000 USD-30%
Physician - Radiation Therapy307,000 USD+18%
Physician - Radiology286,000 USD+10%
Physician - Rheumatology260,000 USD+0%
Physician - Sports Medicine265,000 USD+2%
Physician - Urology319,000 USD+23%
Physician Assistant154,000 USD-41%
Physiotherapist176,000 USD-32%
Podiatrist183,000 USD-30%
Preventive Medicine Physician220,000 USD-15%
Psychiatrist255,000 USD-2%
Psychololgist264,000 USD+2%
Psychometrician211,000 USD-19%
Radiologist274,000 USD+5%
Registered Respiratory Therapist156,000 USD-40%
Skin Care Specialist141,000 USD-46%
Urologist342,000 USD+32%
Vision Rehabilitation Therapist163,000 USD-37%

Salary Comparison By City

CityAverage Salary
Atlanta230,000 USD
Austin285,000 USD
Baltimore256,000 USD
Boston258,000 USD
Bristol211,000 USD
Chicago309,000 USD
Cincinnati214,000 USD
Cleveland224,000 USD
Dallas293,000 USD
Denver271,000 USD
Detroit253,000 USD
Honolulu208,000 USD
Houston283,000 USD
Indianapolis278,000 USD
Iowa City197,000 USD
Jacksonville266,000 USD
Kansas City234,000 USD
Kent202,000 USD
Las Vegas252,000 USD
Long Beach232,000 USD
Los Angeles313,000 USD
Memphis244,000 USD
Miami225,000 USD
Minneapolis223,000 USD
New Orleans220,000 USD
New York304,000 USD
Oakland224,000 USD
Oklahoma City251,000 USD
Orlando220,000 USD
Philadelphia283,000 USD
Phoenix305,000 USD
Sacramento242,000 USD
San Antonio301,000 USD
San Diego294,000 USD
San Francisco275,000 USD
San Jose286,000 USD
Seattle258,000 USD
Tampa232,000 USD
Vancouver218,000 USD
Washington D.C.257,000 USD

Salary Comparison By State

StateAverage Salary
Alabama263,000 USD
Alaska227,000 USD
Arizona267,000 USD
Arkansas244,000 USD
California276,000 USD
Colorado246,000 USD
Connecticut261,000 USD
Delaware240,000 USD
District of Columbia232,000 USD
Florida286,000 USD
Georgia278,000 USD
Hawaii235,000 USD
Idaho232,000 USD
Illinois271,000 USD
Indiana256,000 USD
Iowa259,000 USD
Kansas256,000 USD
Kentucky261,000 USD
Louisiana258,000 USD
Maine235,000 USD
Maryland263,000 USD
Massachusetts260,000 USD
Michigan267,000 USD
Minnesota249,000 USD
Mississippi256,000 USD
Missouri272,000 USD
Montana238,000 USD
Nebraska243,000 USD
Nevada246,000 USD
New Hampshire233,000 USD
New Jersey268,000 USD
New Mexico235,000 USD
New York271,000 USD
North Carolina261,000 USD
North Dakota233,000 USD
Ohio285,000 USD
Oklahoma256,000 USD
Oregon254,000 USD
Pennsylvania278,000 USD
Rhode Island226,000 USD
South Carolina250,000 USD
South Dakota221,000 USD
Tennessee254,000 USD
Texas296,000 USD
Utah249,000 USD
Vermont228,000 USD
Virginia274,000 USD
Washington269,000 USD
West Virginia236,000 USD
Wisconsin255,000 USD
Wyoming214,000 USD

Government vs Private Sector Salary Comparison

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.

Private Sector
92,400 USD
Public Sector+5%
97,100 USD
Percentage increase and decrease are relative to the previous value

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