Physician Salary Guide 2025

Comprehensive compensation data across 17 medical specialties. Updated salary ranges, sign-on bonuses, and market trends for healthcare recruiters.

$425,984
Average Physician Salary
$45,882
Avg. Sign-On Bonus
+3.4%
Avg. YoY Salary Growth

Fastest Growing Salaries

1Psychiatry
+5.8%
2Family Medicine
+4.5%
3Neurology
+4.5%
4Neurosurgery
+4.2%
5Pediatrics
+4.2%

Very High Demand Specialties

Neurosurgery
$763,908
Orthopedic Surgery
$654,815
Cardiology
$520,000
Psychiatry
$287,000
Family Medicine
$255,000
Internal Medicine
$273,000
Neurology
$313,000

All Specialty Salary Guides

Neurosurgery$763,908
Bonus: $50,000-$150,000
+4.2%Very High
Orthopedic Surgery$654,815
Bonus: $40,000-$100,000
+3.8%Very High
Cardiology$520,000
Bonus: $30,000-$75,000
-1.0%Very High
Gastroenterology$512,000
Bonus: $30,000-$75,000
+2.5%High
Radiology$503,000
Bonus: $25,000-$70,000
+3.1%High
Urology$497,000
Bonus: $30,000-$75,000
+2.9%High
Dermatology$455,000
Bonus: $25,000-$60,000
+3.2%High
Oncology$437,000
Bonus: $25,000-$65,000
+3.5%High
Anesthesiology$421,000
Bonus: $25,000-$75,000
+2.8%High
Pulmonology$418,000
Bonus: $25,000-$60,000
+4.1%High
Emergency Medicine$352,000
Bonus: $20,000-$50,000
+2.1%High
OB/GYN$336,000
Bonus: $20,000-$55,000
+3.4%High
Neurology$313,000
Bonus: $20,000-$50,000
+4.5%Very High
Psychiatry$287,000
Bonus: $20,000-$50,000
+5.8%Very High
Internal Medicine$273,000
Bonus: $15,000-$45,000
+3.8%Very High
Family Medicine$255,000
Bonus: $15,000-$40,000
+4.5%Very High
Pediatrics$244,000
Bonus: $15,000-$35,000
+4.2%High

Understanding Physician Compensation in 2025

Physician salaries vary significantly by specialty, with neurosurgeons and orthopedic surgeons commanding the highest compensation at over $650,000 annually. Primary care specialties like family medicine and pediatrics earn less but offer better work-life balance and high job satisfaction.

Key factors affecting physician compensation include:

  • Geographic location - Coastal cities and underserved rural areas often pay premium rates
  • Practice setting - Private practice vs employed positions have different compensation models
  • Subspecialty training - Additional fellowship training typically increases earning potential
  • Production metrics - RVU-based compensation rewards high-volume providers
  • Market demand - Shortage specialties command higher salaries and sign-on bonuses

For healthcare recruiters, understanding these compensation benchmarks is essential for crafting competitive offers. Our salary guides provide detailed breakdowns by specialty to help you attract top physician talent.

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