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Medical Forum / General / Dentistry / October 2008

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400/day for US dentist before taxes  ?It  cannot be that low

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CA-DDS tired of BS - 21 Oct 2008 05:01 GMT
Is this true?

even a new grad-associate makes 500/day in LA...

http://www.worldsalaries.org/dentist.shtml

     World Salaries Group   >   International Average Salary Income
Comparison   >   Dentist Salary  search
     Dentist Salaries - International Comparison

                 Job Description:   The dentist job includes the following
responsibilities: (i) determines condition of mouth and teeth of patients
using if necessary X-ray examinations or special tests; (ii) administers
general or local anaesthetics; (iii) drills and fills lesions produced by
dental caries; (iv) polishes teeth; (v) extracts teeth which are harmful;
(vi) provides root canal treatment; (vii) prescribes drugs or medicaments;
(viii) arranges for hospital or specialist treatment where appropriate; (ix)
takes impressions of gums and teeth and passes impressions to workshops to
fabricate dentures [9].

                 Methodology:   Unless otherwise indicated, the gross
income is obtained from data provided to the International Labour
Organization [9] by government agencies (Statistics Canada, the U.S. Bureau
of Labor Statistics, Statistics Finland, etc). The compulsory deductions
include income tax, municipal tax, provincial/state income tax, social
security (pension plan, medicare), compulsory additional insurance, etc. The
deductions are representative of single-earner-married-without-child status,
and are obtained from income tax calculators [t], social security
withholdings, the OECD Tax Database [k], or other sources. Employees include
both men and women unless otherwise noted.

                Ads by Google:

                 Dentist Job Average Salary
                 Country   Net Monthly Income  constant 2005 US$ [a] [d]
Notes, Source
Gross Monthly Job Income  Compulsory Deductions  Weekly Hours

                 U.S. average salary  PPP $ 6,164  $ 6,164  Full-time and
part-time employees, 2005. U.S. Department of Labor, [t].  8,561  dollars
28%  38.0
                 Japan average income  PPP $ 4,557  $ 5,522  Incl. overtime
and bonus, April 2004. Excl. temporary employees. Private establishments
with 50 or more regular employees. Japan Statistical Yearbook [17], [k].
724,649  yens  20%
                 Australia average income  PPP $ 3,903  $ 4,087  Average of
dentist and general physician, May 2004. Normal hours from collective
agreements. Australian Bureau of Statistics, [9], [t].  7,480  dollars  28%
36.6
                 Italy average salary  PPP $ 3,160  $ 3,294  Normal hours
of work, 2005. Average of general physician and dentist, Istituto Nazionale
di Statistica, [9].  4,336  euros  39%  38.0
                 Finland average salary  PPP $ 2,937  $ 3,507  Normal hours
of work, 2004. Men only. Women make 4,249 euros per month. Statistics
Finland, [9], [k], [t].  4,564  euros  40%  37.2
                 UK median salary  PPP $ 2,821  $ 3,500  Employees, 2005.
UK Employment Department, [9], [t].  2,706  pounds  29%  37.0
                 Thailand average salary  PPP $ 2,273  $ 725  Men
employees, 2005. Women make 35,300 bahts per month. Thailand National
Statistical Office, [9], [t], [s].  31,325  bahts  7%  42.0
                 Kuwait average income  PPP $ 1,978  $ 2,469  Men
employees, 2004. Kuwait Ministry of Planning, [9].  705  dinars  0%  42.0
                 Slovakia average income  PPP $ 1,195  $ 614  Employees,
2004. Statistický úrad Slovenskej republiky, [9], [k].  24,589  korunas  22%
32.7
                 Czech Republic average income  PPP $ 1,070  $ 699  Excl.
bonuses, 2005. Czech Statistical Office, [9].  22,574  korunas  26%  31.9
                 Romania average salary  PPP $ 488  $ 251  Men employees,
2005. Women make 932 new lei per month. Romania National Institute of
Statistics, [9].  1,032  new lei  30%  38.8

                 References

                 [a]    Interbank nominal exchange rate, Oanda.com;
historical currency converter for over 164 currencies and 3 metals.
                 [d]    World Economic Outlook Database, September 2006,
International Monetary Fund.
                 [k]    OECD Tax Database. Annual database providing
comparative information on personal and corporate income tax and consumption
tax systems and rates in OECD countries since 2000. Information on social
security contributions levied on employees and their employers is also
reported.
                 [t]    Net income from gross income (calculators, tables):
Australia, Austria, Belgium, Canada, Germany, Ireland, Israel, New Zealand,
UK, U.S., Singapore.
                 [9]    International Labour Organization. Compilation of
average salary income worldwide. Classified by country, by employment
category, and by gender.
                 [17]    Japan Statistical Yearbook, Ministry of Internal
Affairs and Communications, 2006.
                   Search World Salaries:
                     Enter your search terms
                          Web  worldsalaries.org
                       Submit search form

           World Salaries Group © 2007
           Email:  worldsalaries@gmail.com
    Disclaimer. While the information has been compiled with care, there is
no warranty given that the data outlined is free from error. The World
Salaries Group shall not be held liable for loss suffered through the direct
or indirect use of this data.
Dartos - 21 Oct 2008 13:57 GMT
I have no idea if it is true, but it is listed as *net* pay.  By the
time you take the list of deductions from the gross, the net is
substantially less!

A W-2 may say taxable income is $175,000, but no way in hell is that
dentist going to have that much to take home after that list of deductions.

Also, these figures are probably being calculated with all licensed
dentists.  Lots of dentists keep their license, yet may work only part
time as they get to retirement age.  More dentists are female as well
and without being sexist, they do not work as many hours over their
career as most male dentists.

Another factor is that the incomes are averaged over the whole
country.  A dentist in a small midwestern town is not going to have
the income of a busy suburban dentist on the east or west coast.

So the figures may indeed be accurate, but not truly reflect the
earning power of a motivated dentist in the prime of their career.

D

 The compulsory
> deductions include income tax, municipal tax, provincial/state income
> tax, social security (pension plan, medicare), compulsory additional
[quoted text clipped - 43 lines]
> employees, 2005. Women make 932 new lei per month. Romania National
> Institute of Statistics, [9].  1,032  new lei  30%  38.8
Mark & Steven Bornfeld - 21 Oct 2008 14:19 GMT
> I have no idea if it is true, but it is listed as *net* pay.  By the
> time you take the list of deductions from the gross, the net is
> substantially less!

    I haven't been in the job market for almost 20 years, but I don't ever
remember making as much as $200/day in a straight salary position.  And
in a competitive market like NY, the dentists were generally offering a
percentage of gross minus the lab fee.
    IOW, in the private sector, life as a salaried dentist was never so
great in NY.
    A 5-day job at $400/day gross income (not production, but income) still
comes out to $100K a year.  From where I sit, that's not so bad for a
new graduate.
    Of course, where I sit is that my last year's tuition was about $5k at
NYU, so I may just be living in the dark ages.  But I don't see it as
any dentist's birthright to go out and expect to make in 6 figures
immediately.  I won't do that this year (and not happy about it).

Steve

> A W-2 may say taxable income is $175,000, but no way in hell is that
> dentist going to have that much to take home after that list of deductions.
[quoted text clipped - 63 lines]
>> employees, 2005. Women make 932 new lei per month. Romania National
>> Institute of Statistics, [9].  1,032  new lei  30%  38.8

Signature

Mark & Steven Bornfeld DDS
http://www.dentaltwins.com
Brooklyn, NY
718-258-5001

 
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