A physician who is capable of diagnosing, treating and rehabilitating cancer patients is called oncologist. He works in hospitals, colleges and other organizations. He may specialize in treatment of malignant diseases through chemotherapy, drugs or radiation. There are many specializations in oncology and a physician is paid according to the specialization and the experience in the particular field. Like other occupation, experience is valued for oncologists. Starting salary for oncologist will be within $56,000 to $200,000 per year. Physicians with more than four years of experience will paid around $230,000 every year. Oncologists with more than 10 years of service will be rewarded $300,000 per year.
The salary of an oncologist varies on the geographical location also. Oncologists working in the United States will earn within $130,000 to $300,000 whereas oncologist in Atlanta has the highest average ranging from $130,000 to $250,000 while physicians in Chicago will earn about $45,000 to $200,000 which is the lowest salary offered compared to other countries. Employer type can also affect the salary of oncologist. Physicians employed in private sectors, firms, colleges universities and non profit organizations enjoy high rewards whereas physicians who are self employed earn the lowest range of salary between $58,000 and $240,000.
Difference on gender can also influence the salary range of a physician. Female physicians tend to earn more than the male physicians. There is very little difference in the earnings. For example female oncologists earn average of about $153,000 annually whereas the male oncologist earns a high end salary of about $277,000 to $262,000 annually. Apart from the salary, the oncologists enjoy various benefits like the fringe benefit, three to four vacations each year, cash bonuses worth $10,000 to $20,000 per year. Oncologists with more than five years of experience enjoy profit sharing of about $10,000 to the total income.
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