In May 2014, the U.S. Bureau of Labor Statistics (BLS) found that the average hourly wage for psychiatrists was $87.84, and the average yearly salary was $182,700. As a guide: in Australia, the average yearly income of a psychiatrist is A$220,000; in New Zealand, psychiatrists typically earn between NZ$152,000 and NZ$217,000 per year. The top-paying industries were home health care services, state governments, and community relief organizations. A psychiatrist's salary is based on their skills and experience. The position provides high level coordination and management of the suite of mental… 18 days ago Also, sorry if it is a dumb question, but must a psychiatrist take call or can that be avoided? 1025 Psychiatrist salary data. Rising Psychiatry Salaries Psychiatrists’ salary average was $237,000 in 2018. Psychiatry Registrars and CMOs: between $85,000 to $250,000 per year; Staff Specialist Psychiatrists in permanent roles: can earn a salary between $250,000 to $500,000 per year, depending on location; Psychiatrists in private practice: earn a salary up to $800,000 per annum What Affects The Psychiatrist Salary. How much do psychiatrists earn? The Ontario Psychiatric Association has suggested that increasing pay in rural areas would attract more psychiatrists. 10+ Year Member. What is a competitive salary for a psychiatrist in a private rural outpatient facility. We expect these salary trends to continue as a large portion of today’s reach retirement age. Salary Packaging – with incentives to assist rural and remote locations. May 30, 2007 2,558 404 St. Louis via Sydney via St. Louis www.encephalotomy.com They made 16% more than they did the previous year, the largest year-over-year gain among physician specialties. Average Psychiatrist salary is $205,351 Detailed Psychiatrist starting salary, median salary, pay scale, bonus data report ranked by … The average wage disparity between these, however, is approximately $60,000; positions in more rural areas will tend to yield higher salaries, and especially those with particular populations of specialization (ie a higher concentration of the elderly or young). shan564 Below the fray. Psychiatrists who are self-employed earn the same as those who are employed and may believe they have traded a higher salary for a steadier income and less time focusing on running a business. From millions of real job salary data. There are not enough psychiatrists to meet demand, especially in rural areas. Previous year, the largest year-over-year gain among physician specialties and experience 's. Also, sorry if it is a dumb question, but must a take! Millions of real job salary data must a psychiatrist take call or can be. 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