How Much Money do Veterinarians Make?
15 February 2010
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“One does not become a veterinarian for the money” is what a seasoned veterinarian in the field would say. Truer words have never been spoken! Veterinary is a service that is carried on by individuals not for the profit but for the love of service itself. Most veterinarians are caring, kind and compassionate individuals who have a respect and love for life. This is what mainly motivates a potential veterinarian into the field of veterinary services. However, it is only proper that a veterinarian be offered fair and adequate remuneration for their otherwise invaluable services. Following are the different pay scales as relating to a veterinarian and other veterinary services:
1. Veterinarian Pay scale:
The field of veterinary offers some of the best salaries in any industry; a fresher veterinarian with no specialties and no experience is likely to earn a median salary of around $65,000(approx.) per year depending on the practice and location of the practice. In addition to the base salary, it has become a new trend in veterinary to offer veterinarians a commission as well, usually a maximum of 20% of profits made by them. More experienced veterinarians may find themselves earning in the range of around $75,000-$90,000(approx.) per year, depending on experience of a year to more than 5 years. Veterinarians possessing more than 8 years experience earn in the range of $100,000(approx.) per year and above. It is to be noted here that veterinary is a constantly growing field and most senior veterinarians claim that even a fresher can reach the $100,000 per year mark remarkably quicker than it would have taken previously, even so close as 5 years ago. This stems from the fact that most pet owners today expect and are willing to pay for a far higher quality of service for their pets. In terms of earnings, the location of the practice plays a major role as well, with veterinarians in Los Angeles (L.A) totaling a median salary of around $50,000 – $95,000(approx. per year) depending on experience. New York (N.Y.C) veterinarians can seek to earn a healthy sum as well, totaling a median salary of around $65,000 – $100,000(approx.) per year, while most other states offering a lesser pay scale averaging $58,000 – $80,000.
2. Veterinarian Technician Pay scale:
The second most popular option in veterinary next to a veterinarian career is to enter the industry as a veterinary technician. Veterinary technicians primarily perform duties of assisting the veterinarian in his work. They differ from veterinarian assistants in the sense that veterinarian technicians carry out more serious and practical duties such as performing medical procedures, collecting samples for tests etc. An entry level vet technician can hope to earn a median annual salary in the range of $22,000 – $33,000(approx.) per year. While an experienced technician with around 4 years or more experience is likely to earn $25,000 – $35,000(approx.) per year, with technicians having more than 5 years of experience, earning around $37,000 – $47,000(approx.) per year. In terms of earnings according to location, a vet technician in New York (N.Y.C) is likely to earn around $32,000 – $46,000(approx.) per year, while an L.A based technician is likely to earn $30,000 – $40,000(approx.) per year, most other states offering a lesser pay scale averaging $23,000 – $37,000. It should be noted that more often than not, a vet technician is simply a stepping stone position for most into a fully fledged veterinarian career.
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