Dentists have again topped the list as the highest paid graduates of any profession. In an article published in Sydney's Daily Telegraph newspaper quoting What Jobs Pay 2003- 2004 (by Rodney Stinson), it stated that graduate dentists typically earned a salary of $1192 per week. Chiropractors and osteopaths were next at $1032 while the average GP was third with $1026 per week.
Table 1. Top earning graduate occupations
Occupation | AGE 20-24 | AGE 30-34 | 45 AND OVER |
Dental practitioners | $1192 (1) | $1491 (5) | $1556 (8) |
Chiropractors and osteopaths | $1032 (2) | not listed | not listed |
General medical practitioners | $1026 (3) | $1556 (4) | $1717 (3) |
Optometrists | $1014 (4) | not listed | not listed |
Mining and materials engineers | $1003 (5) | $1455 (7) | $1480 (11) |
Legal professionals | $974 (6) | $1804 (2) | $1870 (2) |
Pharmacists | $952 (7) | $1438 (10) | $1491 (10) |
Policy and planning managers | $946 (8) | $1484 (6) | $1636 (6) |
Salaries per week. Number in brackets denotes ranking.
Source: What Jobs Pay 2003-2004 by Rodney Stinson
Legal professionals ranked sixth on graduation and quickly moved into the number two position when surveyed 10 and 20 years post-graduation. Dentists conversely, were ranked number five amongst the professions ten years after graduating and had further slipped to number eight 20 years post-graduation.
While surveys such as this do not appear to reflect what the average self-employed private-practitioner in a busy, well managed operation would earn, to students considering their options for the future, dentistry appears to be a good way to make a living. Whether this, in turn, attracts ideal candidates to the profession remains to be seen.
Friday, 6 December, 2024