Thanks for the video! Probable you said it, but just to make sure. So... in total for 2 weeks you have worked 69 hours? Including ordinary hours and overtime.
so in general 76 hours per fortnight is what you are legally required to get paid. on this payslip, it says 69 hours as "ordinary hours" but I was also rostered in this time to do a public holiday shift which was 12.5 hours. In total for this fortnight it was 81.5 hours. I actually didn't do the public holiday shift because I was sick but I was rostered for it so still got paid those hours (just not at public holiday rates which wouldn't been 250% of the ordinary hourly rate). hopefully that makes sense. the overtime is additional hours I worked that pay cycle.
@@imasperharry thank you! So 81.5 hours in total. Ok. I just needed to get an idea of a basic payslip. I mean working no much more than 40 hours per week. I did not get what you mean with "overtime hours pay cycle".
if you need more info about how doctors get paid, check this other video out th-cam.com/video/CsTHWgt-L9w/w-d-xo.htmlsi=tbfovFk7mxcmXT1p @@tomasgiannullo5453
yeh they have to pay "super" which is essentially our pension payment - it is usually about 10.5% or 11% atm of our total pay that they have to contribute to that fund for us
very interesting! it may be because private pays better initially and doesn't need that much more increase for the rate but I'm not entirely sure as I do not work in private at the moment :)
probably more difficult to determine take home pay because will depend on salary packaging, overtime, any hecs-help debt repayments etc. salary (before tax) should be approximately 140-150k example for NT doctors average salary - ocpe.nt.gov.au/employment-terms-and-conditions/rates-of-pay/medical-officers
They differentiate based on HMO (which is more junior) and MO (which was more senior). Hospital Medical Officer (“HMO”) means a Doctor with three or less years of experience and who is not performing the duties of a Medical Officer or a Registrar. Medical Officer (“MO”) means a Doctor with three or more completed years of experience and who is not performing the duties of a Registrar or performing medical work covered by another Award or agreement. Check out this video for more info: th-cam.com/video/CsTHWgt-L9w/w-d-xo.htmlsi=LC2ICln_Gsxm0-Cb
payslip for 2 weeks of work. It usually depends on the health service/structure as to how often you get paid but from my experience, fortnightly payments are most common
I have heard there is a slight discrepancy between states but I think at least for first year doctors the maximum difference is about 5-10k for the base salary. But as you know, this doesn't take into account overtime etc.
83K/yr as a SHO. Lol. You're financially better off avoiding uni and joining Maccas. By the time someone would make SHO you would become a manager making 150K and be held responsible for fries not lives. Not to mention compound interest from investments.
yeh interesting point - money is not the best reason to choose medicine bc of a range of factors so im not too fussed as it'll work itself out. focus on the things that you enjoy about it rather than just pure wealth creation - much more to it then just accumulating money
Isnt 70 hour a week breaks you i work in it and clocks 55 hours a week still you seem to be motivated for your job whats your biggest reason i m rlly curious? @@imasperharry
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payslips can be super confusing and difficult to understand. what else do people want to know about a doctor's payslips ?
Thanks for the video!
Probable you said it, but just to make sure. So... in total for 2 weeks you have worked 69 hours? Including ordinary hours and overtime.
so in general 76 hours per fortnight is what you are legally required to get paid.
on this payslip, it says 69 hours as "ordinary hours" but I was also rostered in this time to do a public holiday shift which was 12.5 hours. In total for this fortnight it was 81.5 hours. I actually didn't do the public holiday shift because I was sick but I was rostered for it so still got paid those hours (just not at public holiday rates which wouldn't been 250% of the ordinary hourly rate). hopefully that makes sense.
the overtime is additional hours I worked that pay cycle.
@@imasperharry thank you!
So 81.5 hours in total. Ok.
I just needed to get an idea of a basic payslip. I mean working no much more than 40 hours per week.
I did not get what you mean with "overtime hours pay cycle".
if you need more info about how doctors get paid, check this other video out th-cam.com/video/CsTHWgt-L9w/w-d-xo.htmlsi=tbfovFk7mxcmXT1p
@@tomasgiannullo5453
Hello! Do the hospital not deduct pension in your pay? In the UK they deduct pension from our salary for our retirement.
yeh they have to pay "super" which is essentially our pension payment - it is usually about 10.5% or 11% atm of our total pay that they have to contribute to that fund for us
Why does PH rates vary in public vs private hospital sectors( 250% vs 150% rate) difference is quite significant to me!
very interesting! it may be because private pays better initially and doesn't need that much more increase for the rate but I'm not entirely sure as I do not work in private at the moment :)
Worked a crisp 69 hours… my man ;)
haha say less my man
I got a job offer for Medical Officer year4. How much I can expect for take home salary?
Thanks.
probably more difficult to determine take home pay because will depend on salary packaging, overtime, any hecs-help debt repayments etc. salary (before tax) should be approximately 140-150k
example for NT doctors average salary - ocpe.nt.gov.au/employment-terms-and-conditions/rates-of-pay/medical-officers
Thanks for reply 😊
Job offer mentions 5300 per fortnight.
What is the difference between RMO and HMO ( same level/job?)
They differentiate based on HMO (which is more junior) and MO (which was more senior).
Hospital Medical Officer (“HMO”) means a Doctor with three or less years of experience and who is not performing the duties of a Medical Officer or a Registrar.
Medical Officer (“MO”) means a Doctor with three or more completed years of experience and who is not performing the duties of a Registrar or performing medical work covered by another Award or agreement.
Check out this video for more info: th-cam.com/video/CsTHWgt-L9w/w-d-xo.htmlsi=LC2ICln_Gsxm0-Cb
Is this for 2 weeks or for a month?
payslip for 2 weeks of work. It usually depends on the health service/structure as to how often you get paid but from my experience, fortnightly payments are most common
@@imasperharry how can I reach you to discuss prospects for IMGs and how to get into Australian medical practice
linktr.ee/asperharry either ig or email :)
These figures are in Australian dollars or US dollars
Australian!
Heard that NSW paid the least. Wonder if thats ture.
I have heard there is a slight discrepancy between states but I think at least for first year doctors the maximum difference is about 5-10k for the base salary. But as you know, this doesn't take into account overtime etc.
thx a lot! very informative and FUNNY channel btw@@imasperharry
83K/yr as a SHO. Lol. You're financially better off avoiding uni and joining Maccas. By the time someone would make SHO you would become a manager making 150K and be held responsible for fries not lives. Not to mention compound interest from investments.
yeh interesting point - money is not the best reason to choose medicine bc of a range of factors so im not too fussed as it'll work itself out. focus on the things that you enjoy about it rather than just pure wealth creation - much more to it then just accumulating money
Isnt 70 hour a week breaks you i work in it and clocks 55 hours a week still you seem to be motivated for your job whats your biggest reason i m rlly curious? @@imasperharry