As a salaried GP, you work contracted hours for a medical practice. Many GPs take on salaried roles during their careers, which provides them with a structured working week within a single practice alongside a consistent team, seeing a regular practice population.
Practice Organisation
Process and action incoming patient and hospital correspondence. Attendance at Primary Health Care Team and Clinical Team meetings. Adhere to the practice complaint management system. Maintaining regular, consistent and professional attendance, punctuality and personal appearance.
In contrast to a GP partner, a salaried GP doesn't get a share of the profits if the practice is doing well. However, they also don't take home the stress of managing a failing business if it's not. Although a GP may be offered the opportunity to become a partner, some choose to stay salaried because of this fact.
A full time salaried GP contract is 9 sessions per week of 4 hours 10 mins each.
Based on our latest GP salary survey (May 2023), the average GP salary in Australia is $334,000 for GPs who work 7 or more sessions per week (full-time). The annual General Practitioner salary for part-time GPs, working 6 sessions or less per week, amounts to an average of $164,000 pa.
How much does a Gp make in Australia? The average gp salary in Australia is $177,156 per year or $90.85 per hour. Entry-level positions start at $92,856 per year, while most experienced workers make up to $296,400 per year.
1. Each GP (partner or salaried) who works 4 sessions or more should ideally have a list. This list should be proportional to the number of regular sessions, with list sizes ideally around 200-250 patients or fewer per session worked each week.
The data showed that the average payment per registered payment has risen by £4.04 in the past year – up from £159.61 in 2020/21. The average payment per weighted patient has also risen slightly. It was £159.61 in 2020/21 and rose to £163.68 this year.
Limited specialisation – GPs have broad medical knowledge, but they may lack specialised expertise in specific areas. This means that for complex cases, you may need to refer patients to specialists, which can sometimes result in a loss of control over patient care.
The medical practice as an investment
It is not unusual to see rates of return of more than 50%, and even 100% or more in some cases. If a GP borrows $100,000 against the security of their home and starts to earn an extra $50,000 a year profit, above their time reward, that is a 50% return on the GP's investment.
The European Union of General Practitioners and the British Medical Association (BMA) both recommend no more than 25 contacts per day, but practice lists have ballooned in recent years – from fewer than 7,000 patients on average in 2014 to 2015 to more than 9,000 now. At the same time the number of GPs has fallen.
GP practices are paid on the basis of the number of patients on their list.
There are two rule changes: the new 30/20 rule will flag doctors who deliver more than 30 phone services per day more than 20 times in one calendar year and the existing 80/20 rule will be expanded to include phone and video telehealth items in its count.
"When GPs work 'less than full time', the reality is they are often working more than the 37.5 hours a week that are generally considered full time. A GP working a three-day week in clinic will on average work 40 hours, with reams of paperwork to complete when they're not seeing patients.
Across England, the number of patients per fully-qualified GP has risen over recent years, from 2,100 to 2,300 between October 2018 and October 2022, while over the same period there has been a slight decrease in the number of patients per doctor overall (1,800 to 1,700).
Surgeons sit at number 1 on the list on an average taxable income of $394,303 AUD. Followed by Anaesthetists at number 2 on $386,065 AUD, Internal Medicine Specialists at number 3 on $304,752 AUD and Psychiatrists ($235,558 AUD) and Other Medical Specialists ($222,933 AUD) at 5th and 6th.
The majority (68%) of GPs and GPs in training reported they work an average of fewer than 40 hours per week. The median response is 35 hours per week.41. Work hours are decreasing for male and female GPs, with the weekly average falling from 42.4 to 41.8 between 2015 and 2019.
What can I earn as a General Practitioner? The average annual salary for General Practitioner jobs in Australia ranges from $360,000 to $380,000.
Small but the best; Luxembourg
Surprisingly, Luxembourg is considered the most lucrative country for doctors around the world. Luxembourg is a small country in Western Europe, its population is around 632000. Luxembourg is among the top 10 countries that offer high quality of life around the world.
The average general practitioner salary in Australia is $214,500 per year or $110 per hour. Entry-level positions start at $131,759 per year, while most experienced workers make up to $296,400 per year.
Working as a GP in Australia can be one of the greatest opportunities for some doctors. Australia offers a unique work/life balance that can be an ideal option for families and singles. Australia is one of the world's best countries to live and work.