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How could my salary, as an aspiring physician who is female and part of an under represented minority group, be affected in my future?

I have learned that in 2017 only about 34% of physicians were female. In addition to being female I am also a part of a minority group. I would like to know how these factors may play a role in determining my salary in my future career even though these facts have nothing to do with how I could perform. female physician medicine minority healthcare hospital-and-healthcare women-in-stem women

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Melanie’s Answer

As the fight for diversity, gender equality and pay equity becomes more prevalent in our society, organizations across many industries are becoming more aware of the need to be intentional about diversity in hiring practices. The efforts to increase hiring of women and women of color are well known throughout tech and healthcare, and the efforts to shrink the pay gap have been growing as well. If you are successful in your academic studies, pursue a medical degree and residency program at respected institutions and are regarded as an expert in your field, your chances of breaking the pay equity ceiling will increase given the shift in culture. However, you should not be under any illusions things have changed so much you will not need to be aware of these challenges or have to fight for what you deserve.

Melanie recommends the following next steps:

Advocate for yourself, your skills and talents. Begin by knowing your worth and get comfortable speaking about your background, experience, and what you bring to the table so no one can deny what you are asking or negotiating for.
Research industry pay standards and what other minority women are being paid based on location, education, field of study, field of practice, and age. These factors will help you negotiate your salary as a physician.
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Mr.’s Answer

Ana R,

That is a very sensitive topic. The truth is your gender and ethnicity plays a small part when it comes to your logic, devotion, knowledge and punctuality in an organization. Your salary is based on your experience and professional portfolio. You will be a great physician and the world needs you. Be optimistic and realistic and go with your passion where these things will not matter on any given day. These are no factors in your future nor career. I wish you the best on your journey.

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Richard’s Answer

Physician payments are largely standardized based on formulas provided by medicare and insurance companies. These vary by geography but not by the gender or race of the practicioner.