A $1 Million Gap: Why Knowing Your Worth Matters
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Balancing patient care, administrative responsibilities, and career advancement, contract negotiations often occur with limited transparency into what peers are actually earning. Yet a recent analysis highlights why understanding your market value may be one of the most important financial decisions of your career.
A new study featured by Resolve found that female physicians in academic ophthalmology earn between 85 and 91 cents for every dollar earned by male colleagues, resulting in an estimated $1.04 million career earnings gap over 30 years. Researchers noted that the disparity is not limited to a single specialty but reflects broader trends across medicine.
The report also points to national compensation data showing significant differences in earnings between male and female physicians across specialties and practice settings. While multiple factors contribute to compensation variation, researchers consistently identified one important tool for closing gaps: access to accurate, specialty-specific compensation benchmarks and market data.
That is where MSSNY’s partnership with Resolve can help. Resolve is a physician-founded and physician-driven organization that provides contract review services, compensation benchmarking tools, and negotiation support designed specifically for physicians. Through access to real-world contract data and physician-focused legal guidance, Resolve helps physicians better understand compensation trends and contract terms before signing an agreement.
As part of this MSSNY member benefit, members receive exclusive pricing on Resolve services, helping make expert contract support more accessible throughout every stage of a physician’s career.
