Sunday, July 13, 2008

Perks of the job

I thought I'd tell you a bit about my job and the few financial perks. I'm a Junior Doctor, graduated at the and of 2006 and have been working for around 18 months now. I've just started my specialty training which means 5-6 years of hard slog and study.

My current salary is $54 525 (NZ dollars) per annum, which is quite low compared to most other Junior Doctors here. The reason for that is that I'm in a specialty that doesn't require much after hours work, so my contracted hours per week are just over 40. We are paid on a nationwide pay scale that takes into account your experience and how many hours a week you earn. The guys that slog away for 60+ hours per week get paid a lot more than I do, but then I get to have more of a life, so it goes both ways.

There are a few other decent perks of the job. My employer will match up to 6% of my gross salary contributed into an apporved retirement scheme, so this in effect a 6% pay rise. We also get free meals at the hospital so I pay nothing for lunch, and often can grab something for dinner as well, so I pay very little for food and groceries. We also get 6 weeks of paid annual leave per year, plus additional paid study leave if we have exams coming up. All expenses are also covered for conferences and training courses within the country and overseas.

So all in all it's not a bad deal. I'm not that happy with my salary at the moment, but should be due for an 8.5% pay rise shortly if the Doctors' union can get it's act together and stop arguing with our employer...

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