Psychiatrist Salary

The Golden State offers the largest salaries to Psychiatrists; the three top-paying cities in the field are San Diego, San Francisco, and Los Angeles. Including potential for bonuses and profit sharing — peaking near $26K and $138K, respectively — total cash payment to Psychiatrists can bottom out near $100K or peak near $273K depending on individual performance. The most influential factor affecting pay for this group is residence, though career duration and the specific company have a (lesser) impact as well. Job satisfaction is high and work is enjoyable for most Psychiatrists. Men make up a slight majority of Psychiatrists (58 percent) who responded to the survey. Some workers in this field — close to one-fifth — are not awarded benefits. Medical coverage is reported by a fair number and dental plans are enjoyed by the larger part. The numbers in this rundown were provided by PayScale's salary survey participants.

$98,518 - $248,364
(Median)
$99K
$180K
$250K
MEDIAN: $183,611
10%
50%
90%

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$58.88 - $179.76
(Median)
$59
$120
$180
MEDIAN: $118.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Salary
$98,518 - $248,364  
   
Bonus
$0.00 - $25,532  
Profit Sharing
$223.01 - $138,086  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$100,387 - $273,020  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,227
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$70$140$210
Hourly Rate
$58.88 - $179.76  
   
Overtime
$17.62 - $201.34  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$140K$280K$420K
Bonus
$0.00 - $25,532  
   
Profit Sharing
$223.01 - $138,086  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$100,387 - $273,020  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 221
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Job Description for Psychiatrist

A psychiatrist meets with patients and determines if a mental disorder is present. An evaluation of the patient’s symptoms, behavior, and past medical history will be carried out. Tests may also be performed to determine any issues that are present. The psychiatrist will also help the patient to manage, ease, or heal a disorder, which may be done by administering treatments or medications.

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Psychiatrist Tasks

  • Prescribe, direct and administer psychotherapeutic treatments or medications.
  • Diagnose, treat and help prevent disorders of the mind.
  • Manage caseload and documentation.
  • Review, evaluate and collaborate with other professionals to discuss treatment plans, progress and outcomes.

Psychiatrist Job Listings

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Psychiatrists who responded to the survey indicated only a few skills that they use on the job. Psychiatry and Psychiatric are considered valuable skills and can increase employee pay. Competency in Psychiatric frequently indicates knowledge of Psychiatry.

Pay by Experience Level for Psychiatrist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Psychiatrists, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. Although individuals who have less than five years' experience earn $174K on average, people with five to 10 years benefit from a notably larger average of $193K. Psychiatrists claiming one to two decades of experience make an estimated median of $204K. In the end, more experience does seem to mean larger paychecks; seasoned Psychiatrists with more than 20 years of experience earn a predictably higher median salary of $216K.

Pay Difference by Location

National Average: $190,889

Larger city markers indicate a job is popular in that location.

For Psychiatrists, location is an influential factor in determining pay. Three cities in California — San Diego, San Francisco, and Los Angeles — not only offer salaries upward of the national average, but are the highest-paid American cities for those in the field. Falling short of the national average by 15 percent, the area with the worst salaries is Atlanta. Two other places where employers salaries are below the median are Boston and Philadelphia (8 percent lower).

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Experience Affects Psychiatrist Salaries




National Average
$191,000


Skills That Affect Psychiatrist Salaries

Psychiatry
up arrow 3%

National Average
$191,000

Psychiatric
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 143 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
5%
1-4 years
28%
5-9 years
21%
10-19 years
23%
20 years or more
22%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 60%
medical benefits
Vision: 46%
dental benefits
None: 20%
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