Comparison of Navy and Private-Sector Physicians' Total Compensation, by Medical Specialty (Supplement to Annotated Briefing on Provider Satisfaction)
CENTER FOR NAVAL ANALYSES ALEXANDRIA VA
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The Navy Surgeon General had asked CNA to evaluate physicians job satisfaction and retention within the existing climate to determine if major issues exist. The scope of the study was expanded to include a comparative analysis of compensation for Navy physicians continuing a military career versus leaving for private-sector track. We find that a substantial current compensation gap exists between military and private-sector physicians, particularly at the end of the 7-year career point, and the disparity in total compensation varies widely by medical specialty. Our finds show, however, that as Navy physicians accrue more military service, it becomes more lucrative for them to complete 20 years, retire, and then pursue a private career. This information memorandum documents the results of these compensation comparisons.
- Personnel Management and Labor Relations
- Medicine and Medical Research