Some of you asked to support my work. So I've gone ahead and enabled Super Thanks. Just click on the button next to my channel name on any video. You can send whatever you like if you want to show appreciation. All the best, my friends! :D
Welldone for this. My sister just began working as a Medical doctor in the UK and I wish she had the nuanced kind of attitude that you have. She has been brainwashed to see everything as negative sadly.
To anyone out there saying "doctors are paid as much ss my bank manager". You should realise your bank manager wont ever be at your bedside trying to save your life.
I feel really sorry for you guys. A basic salary of £32k is a joke, even after years of work you can only earn £58k that's absurd. I pay my children's nanny more than that and she has no qualifications. She's on about £50k a year. And I know that most nannies (not mine though) receive their salary in 100% cash (so no tax) and claim benefits - some are live in so don't pay rent, so they are on more like £70k a year.
Is this rich ppl paying their nannies this, how do they find a person . I wod be greatful as my kids are nearly grown adults and this sounds interesting
Have you inflated the figures? Even a university teacher starts at much a lower salary than your nanny. I can only assume that you are an Arab sheik. Even rich UK people would not pay £50000 for a nanny, not even the royals. If your nanny ever leaves, please ket me know.
@@ChrissieSMbut he is quite right that salary is low for doctors… In India even a MD medicine as a fresher earn 2000 pounds and after some years experience he earns 4000 pounds And if he do his superspecality then it’s shoot 5000-15000 pounds Despite the living cost is One fourth of UK…..and UK is developed country… In Aussies also doctors earn so much money
The Government penalises you if you earn over 100K. It's a way of keeping wages low in the UK and inflation lower. If you earn between 100-125k, your NI and Income tax is 60% 🤔
By the way Lenny it is ridiculous what people expect the government to do . Where does the money come from to pay Doctors, Nurses , Physiotherapist etc etc ?
20% income tax is not ridiculous. Nor is national insurance which goes to the NHS. It’s called the social contract- you pay in and get services etc back. If you want to live in a tax free jurisdiction be my guest but expect to pay for everything.
I have a playlist documenting my journey to UK: ua-cam.com/play/PLsSVrVYZuJGb16FhuliAI16ljrEYjqugp.html Also you can get my google sheet for planning your PLAB 1 preparation strategy: abhinavkumar.ck.page/e4c48eebb0
I am a professional Engineer and worked in several engineering firms in the UK for 12 years. I left UK because of low pay scale and hefty Tax and NI deductions. I ended up working in KSA where salary is great and no deduction at all.
I found it interesting to compare my pay in video games which is an entirely different industry of course to what you're doing, and found that the bracket and payscale is quite similar, either way the detailed breakdown was appreciated and well worth the watch (there are also quite some stark differences between the industries which is to be expected). For anyone thinking about coming to the UK on a 34K per year salary - as evidenced by this video, you can probably see clearly that after tax deductions, it really doesn't leave you with too much left over. I would definitely have figured that into my long term plan if I were to do it over again, but live and learn.
Thanks a lot Abhinav🤝🏻, for explaining the intricacy at 5:30 of how that precise figure of 173.81 is reached. It was bothering me for some time. I am now at peace🧘🏻♂️
Your viddo has really opened my eyes to how little junior doctors are paid. I am shocked. You all deserve so much more. I can understand why doctors are striking!
Like most profession’s, junior’s start on a much reduced salary compared to the amount they will earn once they become experienced. How much do you think a junior first officer earns at a typical UK airline flying 200 people around the sky’s? It’s not unusual for a Joni or pilot to start out on around £25,000 per year, in most cases with £100,000 of training debt still to pay off. However, once established they can expect to earn upwards of £100,000 per year later on in their career. Just the same as junior doctors who know their salary will greatly improve with time and experience.
Since the creation of UA-cam 20 years ago, we had to wait for the arrival of this Doctor Kumar to finally have the real figures, congratulations to this Doctor and shame to the others in all the UK, who are visibly secretive, horse-dealers, even malicious?
But no pay…rather than 2008 salary in 2023!!!!HorribleTaking advantage of their dignity…Their humanity is exploited to the core….Solicitors are the people who are making money…actually which has to be cheap for a person to get his justice…Now Justice is only for the rich who can afford it..Doctors who risked their life for others at COVID gets only claps 👏not even the basic Salary which they have to normally receive like any other profession
The NHS is the worst healthcare in Western Europe, other European countries are so ahead. Anyone praising the NHS is clearly delusional, it's such an efficiency jump when you go to countries such as Germany or Belgium and use their healthcare. Very long waiting times, staff who qualified in third world countries and are now working for the NHS (something that never happens in Europe) how many misdiagnosed and died, how many sent home and died, 7.7 million people on the NHS waiting list, not enough beds, not enough parking spaces around hospital, hospitals are old and outdated, GP doesn't care, people pulling their own teeth out because they can't get a dentist appointment and so on.
@@KyojuroRengoku98 1. I am not comparing. 2. Your mentioning of third-world sounds racist and demeaning. Try to work as a nurse or support worker in the overburdened system full of patients. 3. I am in healthcare and I know what I am talking about. 4. I lived for 15 years in Europe and mostly Germany. Their system is overburdened too and now people from other countries are coming to join and support their healthcare system. Go anywhere in the English speaking world and you will find it full of international people (but maybe you associate skills/competence by the color of their skin and their origin). Be grateful and empathetic, many countries in the world do not have access to even basic healthcare and we are talking here about not just healthcare but also social care. 🙏🏻
Thank you for the information. I know people say it is low but in fact every first job after graduation pays low no matter the profession. With years of experience your salary will grow and you can open a private consultation and earn extra income.
This world is messed up, how comes a HGV driver with no qualifications can earn more than a doctor who spent half of his life studying, this doesn’t make any sense to me!!!!!!!
I am astounded .l would earn £40000 as a nurse if l was full time in the care sector.Then people wonder why l will not go back to nhs( now ihs)International health service )except l do permanent nights for no extra and have been qualified over 3 decades.ihs wanted to pay 24000 a year. Newly qualified wage (l am mental health trained not ill!
@@drAbhinavKrbut sir that 34 k is only for interns. And that too 40 hours a week. Here in my country we as interns work for 60-70 hours for 7 days. No holiday for 365 dys 😢 and We make 100 USD. If I was in uk working like this I would make 100k pounds. 😢 Don't know why people are always comparing salaries with ronaldo and tom cruise packages.
My cousins who are doctors and chemists in the USA are on very high salaries. Before you get silly replies, higher salaries and LOW US TAXES means you stand a better chance of becoming rich. There's a reason why UK doctors and nurses are leaving the UK. It also means you won't be subsidising people who won't work and feel entitled to live free , by paying high UK taxes.
@@sumitchopra9905 just to compare the lack of earning potential of Doctors in UK despite investing so much money and years into their education. For the context , there are nursing jobs in US which pay $90 per hr .
Bro pls keep doing this osum contents👌🙌I'm getting intrigued to this...!!it's an eye opener, currently working as medical officer in Maldives planned to move uk this is really helping me 👍
Thanks for the encouragement Akash! Glad to be of help! That's so cool! I had two friends from Nepal in my Plab 2 group who were also working in Maldives. They both eventually landed a job in UK. Don't know where though. Haven't spoken to them since March last year
I can understand why so many doctors left the UK and sought higher salaries abroad with better working conditions. It's for this same reason why I was part of that massive exodus of further and higher education teachers that left the UK from the early 2000s to countries which respected the knowledge and skills we had to contribute. It was interesting to see how a shortage left many universities with little choice but to either close or merge a lot of departments.
i just graduated med school will start my internship this january and im planning on clearing ukmla and going to the uk is that a bad decision? kindly guide me
@@mohammadaniyal Before you make that silly move, check out their housing quality. That's where you will be living, paying rip off rents, using unreliable railway services, stuck in silly traffic jams thanks to never-ending roadworks, road closures and accidents. You will be paying the highest public transport fares in Europe. You will be paying highest energy bills in Europe. You will not get much free time because you're either at work or stuck on a train, or stuck in huge traffic jams. Your taxes will be going up in 2025 so you're going to get poorer further. The work is stressful too. There's no plans to improve your life there because everything is set to get worse further. There's a reason why professional people are leaving the UK. Avoid if you can.
That is abysmall ... as a Senior Engineer at a nuclear power utility, I earn susbtantially more than that (and have done so for decades) ... i am so happy i did not achieve grades to enter medical school (sorry, dad!) ... but dodged a bullet
I'm a HGV technician working in London. My basic is just over 50k. With overtime I can earn upto £90k+. I done a 3 year apprenticeship. I have been earning over 40k since the age of 21. Honestly it's sad to know how much doctors get paid.
@@Kantz1 That's given. Medical education has always been like this. It's lengthy and expensive. This is why we say that if you want to become a doctor purely for monetary reasons thinking that doctors earn a lot, then please don't. It's a bad financial decision. The person here is a fresh medical graduate who has recently entered into a core training as a junior doctor. He cannot be expected to make much especially in the UK where healthcare is nationalised and run by the government. Even US resident doctors who are just beginning residency don't make much. It's barely 40K USD. Their pay increases as they gain more experience in residency each year, and once they become attending they earn drastically more. The same is the case in the UK and elsewhere.
i will complete my medicine from eu and decided to work in uk but after your video i have changed my mind i will work in eu such as swizerland or luxumburg
thank you for sharing your information about monthly salary in the uk. Your video gives me more information about what my wages are deducted from "Tax"
The NHS Pension is Unfunded and Uncontractual. My Experience is that during my 10 years in the NHS they: 1) Increased the NHS pension retirement age from 60 to 68. Stealing 8 years of old age. 2) Lowered what they pay out, due to RPI link removal and linking to whatever they deem to uplift your salary by each year (CARE Scheme). Even if inflation is 10%, they might uplift by only 5%, therefore decreasing your pension and salary. Not good. 3) Increased the contribution percentage dramatically. Plus given there is no investment 'Pot', only an uncontractual and unfunded scheme, then its simply additional taxation, with a thin promise to pay based on rules they can and have changed as they wish. Good luck planning your retirement if you work in the NHS. As a comparison, a single stock I own pays me more right now per month (pro rata) than 10 years of NHS pension contributions will pay me when I retire. Do your own research, please.
Dr Kumar, I can see you are very talented and a great doctor, someone like you deserve more elsewhere, look at how Aussie and Canada treats doctors there, you will regret one day, research a bit more about why even consultants are striking!
I do understand paying fees and other expenses, I have to pay an annual health surcharge and can't get an appointment, my last one I arrived 18 mins later and was told I was already DNA. We are all professionals with fees and personal expenses.
Great informative video and All the best. Hope hard working doctors like you deserve more. My feed back about NHS is a disaster. Half knowledge people work and they are extremely rude! Hope the system gets fixed.
@@annewalden3795The NHS is the worst healthcare in Western Europe, other European countries are so ahead. Anyone praising the NHS is clearly delusional, it's such an efficiency jump when you go to countries such as Germany or Belgium and use their healthcare. Very long waiting times, staff who qualified in third world countries and are now working for the NHS (something that never happens in Europe) how many misdiagnosed and died, how many sent home and died, 7.7 million people on the NHS waiting list, not enough beds, not enough parking spaces around hospital, hospitals are old and outdated, GP doesn't care, people pulling their own teeth out because they can't get a dentist appointment and so on.
He's lucky to pay only around £500-600 per month. Average rent is more like £1,300 per month, more than double. Then his training in India was much cheaper, and yet he can practise in UK.
Unbelievable 😅 I was complaining for getting that much by sitting in the office drinking coffee and sharing cookies 😅 but that's so low considering current prices. We definitely need more french come in and protest for the rest😅
This video is helping me decide whether i should go to the uk for a fy1 or not my first motivation being how much money i will make and the quality of life im a bit hesitant other countries seem much more generous with doctors thank you abhinav for this great video you have been of great help for me
Look at the pay circular for 2023-24 before finalising: www.bma.org.uk/pay-and-contracts/pay/junior-doctors-pay-scales/pay-scales-for-junior-doctors-in-england Also, junior doctors are striking for a pay rise. So may get more hikes later. In 2 years you'll be at CT1 level too so keep that in mind as well
I am in IT and get paid @100k annually. In the bank account Monthly it comes to approx 5k for 11 months and approx 15k once a year. Of course you can opt out of pension scheme to get a bit more but why throw away free money that the employer also contributes if you join.
@@drAbhinavKr Hi Doc, your video is about the UK pay for Jr docs, which is why I shared my input for an IT prof in the UK. Also it's a very flexible 9 to 5 job with no extra hours required as long as you deliver.
I guess once a doctor becomes a consultant, their salary reaches this range too. But that would be with anti-social hours work included. You've done amazing for yourself. Thank you for sharing your work/compensation structure.
@@sbegum2010Sorry I am unable to suggest any IT course as I did not study any IT course in India. Nor have I done any studies abroad. I used to work in a bank in India. Due to the volume of work involved financial companies are always trying to improve efficiency to reduce scope for mistakes in day to day jobs of their employees. They reach out to IT companies for automation and new systems etc to solve their probs which are multi million amount projects. For IT companies to understand the probs faced by banks who can best explain what the employees are going through? A former employee of course. I have a personal interest in computers and process improvements so I am able to explain the problems and also suggest solutions to solve these using a computer. And IT companies are willing to pay well for the experience and information that I bring. Working in a bank was the investment in future career for me and I did not spend any amount of money for higher education and immigration. So please choose the path wisely. Do not try and work for making money. Money should follow automatically if you are able to contribute to value.
My daughter works for the NHS and just recently my son qualified as a doctor. The thing is my daughter doesn't just pay NI, tax and pension. She also pays for her registration and insurance. And yes you would be paid more for extra and anti social hours but thats not your real wage you had to work extra for it. I get paid way more than both of them and i a m not even graduate. I think its totally disgusting.
@@shaminakhtar6749 you have learned a very painful lesson. Don't forget, taxis and st ealth taxis are going to rise even further there in the UK in 2025. Deteriorating living standards and high outgoings, like a pay as you work, scheme.
@shaminakhtar6749 you forgot to mention that she will also be paying more st ealth taxes and higher taxes. This is to pay for UK entitled people who want to live a life without working. St ealth taxis are in the form of car tax, car insurance, road use tax, this fine, that fine, this car park charges that car park charges...increase in lousy public transport fares etc all designed to take money out of your pocket to pay for entitled people. This is why UK educated professionals have left and are leaving the country.
My Brother Dr Maniah who was Super Specialist (Endocrinologist) working as Sr. Consultant in Leeds, also his wife was NHS Nurse, left for india (Goa) and started his own Super -Speciality Clinic in Goa, we all were against his decision, but he give reason that he didn’t get any family there and high tax
Iam a fully trained technician with 25 yrs experience 4yrs training and continued training every year and you are on another more money than me and no doubt your pension contributions and final pay is massive plus your private practices
Another problem UK emigrated Indian Doctors face is they don't get married easily. They struggle to find another doctor groom or bride. I know that because I run a UK matrimony group and see all the life and struggles of Hindu- Indians in UK
Well I have mixed opinions when it comes to doctors salaries cos many doctors are very bad at their job and therefore well overpaid. We tend to refer to nurses and doctors like their are all saviours and some kind of angels here to take care of us but many are doing it for the status and salary only and don’t give a fu* about patients
I think nhs should pay good pensions to doctors for their service to people. It is most noble profession in the world and monetary value is impossible to be judged for lives they save. It is priceless.
@ashblackhawk I think that the sun should always be shining every day, I believe that the UK streets should be cleaned every day, I believe that the UK trains should run everyday, I think the UK victorian roads should be roadworks free, I think that the UK should reward hard work, I think...I think
I remember people protesting on behalf of doctors' pay saying that junior doctors in the UK earn only ₤17/18k. They were, of course, talking nonsense. Doctors should be - and are - paid well, though in my opinion they pay too much in taxes.
Great Video but slight mistake on NHS services - they are free to all UK citizens regardless of National Insurance payments. Nobody at any GP Surgery or Hospital will ask about your National Insurance payments.
I think the taxation explanation was a little wonky. I think the PAYE is calculated based on your expected income until the end of the tax year. So if you had no job before [from where earning and tax will be brought forward from via your P45], if you joined the employer a couple of months before the end of the tax year, sure, you would pay no tax. But if you joined earlier in the tax year such that your total expected income would exceed your £12k personal allowance, the tax would be paid from month 1 [unless in the unlikely circumstance where you had previously had a MUCH higher paying job such that you had already paid tax on your [now] expected earnings for the year.] Typically they use the 'emergency' tax code so 'some' tax is taken. When they get an accurate code, an adjustment is made. This means any 'expected' tax based on 'expected' earnings, will be taken evenly each month of the year. If you didn't pay tax the first couple of months, you may have joined the employer from having had no previous job in the tax year, during the last 2 or 3 months of the tax year. Someone please correct this if inaccurate.
Your Gross (Pre-Tax) annual income equates to around £45,516 accounting for all the additional hours and concession rates. I'm a 9-5 manufacturing engineer soon, to be a manufacturing manager at the age of 30 with a gross income of £60,000. I have always thought this is unfair as your job is far more noble. As an engineer I see a doctor as the engineer of the human body.
Nice parallel. Thanks for this input. The salary has jumped up now that I'm a bit senior and doctor strikes have caused pay to increase by 6%. I'll now earn 59k before taxes in 2024
@drAbhinavKr that's okay, you'll be paying higher taxis and even higher St ealth taxis from 2025 onwards to pay for the entitled people, so you'll be roughly the same position or poorer . You see, how it works is that you earn more but they take even more out of your pocket. This means that you're position hasn't really improved after all. Fool and his money comes to mind.
@drAbhinavKr do you suspect that UK doctors living and working abroad will be enticed back by this pay increase? What do you say? I can guess accurately, how about you? Have you ever come across the concept of something called " standard of living?" Or, " for all the tea in China?"
Thanks for this informative video🌹 could you also make a video about working schedule of this payslip. For example how many days off or night shifts someone would have during a month🙏🏻
One question: For example if u leave the uk after sometime and go to another country, can u take that NHS pension that u did deposit during your working years? Eg if u worked for 5 years in NHS and now u r moving to another country…. Can u take that pension with u ?
So he's making around £47k (£3k/month net) Not bad at all. As an Engineering Geologist with a degree and a masters, it took me around 20 years of experience working on average 50-60hr weeks to earn £47k. Enjoy your money, it's more than most people earn.
@@Makinen689 I studied for 5 years at uni to get a Bsc and Msc. £47k is a very reasonable wage for a junior doctor, especially when there is ample room to make a lot more.
i knew all about the uk pay system long before emigrating here from Seattle, started off as a junior IOS dev at a startup back there but realised health insurance was eating up my income, applied for a number of software dev roles in the UK and got one in manchester with a base pay of £75000, i wouldn’t advise anyone who’s looking to be successful to come to the uk UNLESS you work in software development (preferably in a mid-senior level position) or data analytics as that’s where the money currently is
@@Makinen689for junior doctors maybe,but not at consultant or GP level. According to Euronews,a British consultant earns an average salary of £136,375 which is the 7th highest out of 25 EU countries which incidentally is higher than specialist doctors in France,Sweden,Finland,Italy, Spain,Norway,Belgium,Portugal,etc earn. So,in a nutshell British consultants earn more than most of their European counterparts,not less and similarly the same with GPs!😂 of course if you're a consultant in a lucrative speciality like fertility,cardiology,oncology,etc then private work will potentially net you millions!
Hi really nice thanks. One question do you get the same salary every month or does it change depending upon the number of extra hours that you do ? Also did u do any Locum duties in this month ?
Hello sir, I'm very grateful for this information. Can you please throw some light on what is the reality of strikes for payment rise amongst doctors in UK? Financially, from the perspective of supporting ones family in India, doing residency in India is beneficial or abroad?
Shocking low salary for junior doctor with long hours. I thought it would be much higher. 29k base salary really isn't much more than most other jobs. In my industry, most graduates get like 26k as a starting points(no crazy extra hours in general). Considering what doctors need to do. I think they deserve more than that.
Strange how employer pension contributions is not mentioned here. The government pays 20.6% into a NHS pension. This is a huge perk. For his basic salary of £34k, this is an additional £6.8k he chose to exclude.
I'm not thorough with pension. But from my understanding, given that this is a defined benefit pension, the employer contribution wouldn't make a difference to the final pension I get, which depends solely on (the number of years I contributed to the pension) and (my highest salary earned by retirement).
When evaluating remuneration across professions and / or public vs private, these figures have to be taken into account. The entire 'package' has to be evaluated else it does not correctly reflect a true worth. How else can you compare an NHS remuneration against, say, a hospital in another country where no DB scheme is provided?@@drAbhinavKr
Wonder why being raised in India as a doctor you don't serve your own country where medical workers are much more needed? I am sure the doctor/patient ratio is much lower in India than in the UK.
@@drAbhinavKrIndia is neither socialist not capitalist. I think that's your personal monetary problem or urge to work in different culture makes you here.
I’m afraid I don’t agree with what you shared here. I’ve worked for the NHS all my life. My salary has increased over the last 30 years but my hourly rate is the same or even less than it was when I qualified. As a dr maybe this feels compared to the corporate world but over years your salary and pension in addition to opportunities for private work will increase. Be grateful. There are many with not such scope. Yes you’ve worked hard. Many work long hours for less positive regard and remuneration. I’m tired of this rhetoric. I’ve never come across a poor dr. Nor one who has had to wait months to be seen for a health condition as the public do for their health conditions. There is additional perks in terms of training and opportunities career development wise. If you don’t like your salary go private it’s a choice.
It hurts and pains me to my core that despite making £46,000 more than you per year, that it equates to only making £1,216.06 per month because success brings unequal taxation (after taxes I only make £14,592.00 more than you do despite my salary being £80,000).
Plummer here, thier service per hour here in UK are expensive than the Doctors salary …imagine one hour..of plumber service 100 plus pounds the charges..its depend to the plumber if they ask you less than 100 pound…but mostly 100 plus pound…
Hello Dr Abhinav !!! I wanna know about benefit of doing MPH ? As I have my plab 2 in jan 2025 so I'm thinking to start mph untill I get done with my plab 2 and find job in nhs what you suggest
Hey Abhinav! Amazing and informative video. Can you make one video for doctors who want to move there after md/ms? With the current condition of the NHS is it wise to move there?
The NHS is the worst healthcare in Western Europe, other European countries are so ahead. Anyone praising the NHS is clearly delusional, it's such an efficiency jump when you go to countries such as Germany or Belgium and use their healthcare. Very long waiting times, staff who qualified in third world countries and are now working for the NHS (something that never happens in Europe) how many misdiagnosed and died, how many sent home and died, 7.7 million people on the NHS waiting list, not enough beds, not enough parking spaces around hospital, hospitals are old and outdated, GP doesn't care, people pulling their own teeth out because they can't get a dentist appointment and so on.
Every single doctor in the UK has started talking about money and complaining every single day. I wish that in the future we an have an American style medical system so that only top notch doctors stay prominent and get rewarded. Rest of them can concentrate more on their performance and effectiveness before talking of rewards and money.
What’s the point of pension when you think you’re saving yourself from tax initially but end up getting taxed when claiming your pension at your old age anyway.
The point of joining a pension scheme is that the employer also contributes if you are willing to contribute. They may contribute same or even more than your own contribution. At retirement 25% can be taken tax free if it's a defined contribution plan and the remaining also tax free over a period if you are clever about it. And what about the growth of the corpus over the contribution period. It's definitely worthwhile joining a defined contribution pension scheme. A defined benefit pension scheme is worth it only if you start young and work long, else it's defined contribution all the way.
wow thats crazy. doctors in USA make arnd 100k or more. they have crazy amount of debt too but are able to pay it off eventually with consistent earnings.
Dr. Can you please tell me about the work that you have to do in the hospital? Is teaching occurring or only treating patients? . I am 3rd year Mbbs student from AIIMS
Yes. Indian taxpayers are footing the education bill for all doctors engineers who are immigrating to greener pastures. They should be made to pay back atleast fifty lakh rupees to the Indian government
Hello Dr Abhinav. If I am pretty sure that I will not continue to stay in the UK after my training completes, then can I opt out of the 9.8% NHS pension?
You can opt out of pension even if you chose to stay in UK. You just have to focus on making sure you'll have money for the older age when you can't work as much
@@karthiksreddy999 Excellent question. NHS pension is defined benefit. Not defined contribution (which is then invested into a pension fund). So NHS pension is guaranteed to give you a defined benefit when you leave the job. Which is... for every pensionable year you worked in the NHS, they'll give you 1/54 of your final salary for the rest of your life. So if you retire after 10 years from NHS and your last salary was 60K GBP, you'll get (10/54)*60K GBP pension every year.
Never, never, never opt out of an employer's pension scheme. In addition you your contribution your employer also pays money into your pension. This employer contribution is FREE money for you that will grow and compound over your career. You may save 9.8% in the short term but you will loose £10,,000s to £100,000s when you retire....
There are so many graduates that have also done years of study that don't earn this wage and the earnings potential that you have in future years is vastly more than your junior doctor rate. I find it distasteful that junior doctors claim they cannot live comfortably on these salary levels when I look at the poverty all around.We won't see many NHS doctors in the food bank this weekend.
But do you wonder why UK has doctors on the shortage occupation list? Medicine as a degree is vastly more monetarily rewarding in other countries than the UK. And so doctors leave. The free market dictates that doctors should earn far more. So if you do not support raising the pay of UK doctors, then doctors will move to countries that do support a higher pay. And you'll be left with longer wait times at the GP & A&E. As far as graduates having studied years for a degree, they should look at the free market value of the degree first before getting in. A PhD in 16th century Victorian poetry is not of the same free market value as a healthcare worker. When I hear a child is earning millions a year just opening toys on UA-cam, I don't complain that a healthcare worker should earn more... The free market, as messed up and as un-noble it may seem, values the kid's output more than a doctor's.
@@drAbhinavKr When I look at the situation as an outsider to the NHS I see people doing a decent job throughout the organisation and in an ideal world everybody should be paid more, but we don't have an infinite pot of money from which to make these payments. Which group of people do we have to disadvantage to provide doctors with the 35% wage demand being made? A more reasonable sum would give you greater support amongst the public. I understand that there is more money to be made elsewhere and that is true of my field IT too. I could earn a lot more money in the US, but choose to stay here as it is my home and a country I love. Yes a degree has a market value as you say, but many people study in a particular area because that is what interests them or they see a need for themselves in that area. If people only choose their educational path based on how much they could earn in the future society would be missing many key elements and not function. I totally agree that the world is a messed up place when people playing pranks can get rich online, or kids playing with toys make millions, but they are the exception to the rule and part of the American disease where everything is about the money unfortunately. To conclude, junior doctors do deserve more money as do many professions such as nurses, firefighters, police and ambulance staff that are critical to our society. But please tone down the demands and consider all of the other areas that need investment that can't all happen at once. If the government ever sorts itself out and the country starts to become more prosperous again then that is the time to request the bigger raise, not when the whole nation is hurting and so many people are in desperate need.
Thank you for such a well thought out response. I really appreciate it. I just want to point out that doctors don't want "extra pay". They just want to recover the pay that was eroded from their earnings. Our inflation adjusted earnings are down 28% from 2008. So the doctors are striking just to get that back. The government's inability to keep inflation down shouldn't be passed onto the low level government employees.
This is insane. A graduate dr is paid out of uni the average UK salary and you think this is little? It is too high for a graduate that also can claim overtime! In Engineering/IT all my career was always doing overtime and has zero extra salary. I am not entitled like a dr. Get a grip this is a very good salary for graduate dr in his twenties. Then the pension where they get 20% extra free per month then the overtime then the yearly increases then the consultants will get£120 in 8-12 years and work privately and make £150k ++++ dr are privileged and I don’t feel sorry for them that they are paid too little. In fact need to half their pensions now as a starting point!
One question: For example if u leave the uk after sometime and go to another country, can u take that NHS pension that u did deposit during your working years? Eg if u worked for 5 years in NHS and now u r moving to another country…. Can u take that pension with u ?
I do sympathise with the docs ,but my son 20plus years asa an auxiliary n carer has jus got an increase to £12 pH. Both jobs r vital to the public at a DISGRACEFUL RATE OF PAY we all need them ,we don't need as much expensive office and none hands on staff. Z.
Some of you asked to support my work. So I've gone ahead and enabled Super Thanks. Just click on the button next to my channel name on any video. You can send whatever you like if you want to show appreciation. All the best, my friends! :D
Is it per month ???
@ragulraje7 seems like a one off thing. The per month is called "join"
@@ragulraje7 per annum
Welldone for this. My sister just began working as a Medical doctor in the UK and I wish she had the nuanced kind of attitude that you have. She has been brainwashed to see everything as negative sadly.
Could you please elaborate what she thinks?
To anyone out there saying "doctors are paid as much ss my bank manager". You should realise your bank manager wont ever be at your bedside trying to save your life.
if you pay anyone will be at ur bedside
@@rajanpoudel2175 yaa but ig u know there is a difference between just being on the bedside and treating as a doctor on the bedside
I feel really sorry for you guys. A basic salary of £32k is a joke, even after years of work you can only earn £58k that's absurd. I pay my children's nanny more than that and she has no qualifications. She's on about £50k a year. And I know that most nannies (not mine though) receive their salary in 100% cash (so no tax) and claim benefits - some are live in so don't pay rent, so they are on more like £70k a year.
Is this rich ppl paying their nannies this, how do they find a person . I wod be greatful as my kids are nearly grown adults and this sounds interesting
Have you inflated the figures? Even a university teacher starts at much a lower salary than your nanny. I can only assume that you are an Arab sheik. Even rich UK people would not pay £50000 for a nanny, not even the royals.
If your nanny ever leaves, please ket me know.
But if this guy qualifies as a GP and work as a GP locum his pay rate will immediately shoot up to around £100/hr!😂
@@ChrissieSMbut he is quite right that salary is low for doctors…
In India even a MD medicine as a fresher earn 2000 pounds and after some years experience he earns 4000 pounds
And if he do his superspecality then it’s shoot 5000-15000 pounds
Despite the living cost is One fourth of UK…..and UK is developed country…
In Aussies also doctors earn so much money
@@dr.rhinesarkar31094can't we move to aus after fy2
Love how the tax man came out lol! Thank you for this discussion, Doctor! Loved it, so clear and concise 😊
Glad you enjoyed it!
It's ridiculous how much tax is taken. I think tou deserve all the money and more you doctors are doing such an amazing job❤
The Government penalises you if you earn over 100K. It's a way of keeping wages low in the UK and inflation lower. If you earn between 100-125k, your NI and Income tax is 60% 🤔
Lenny be realistic some Doctors and Nurses do a good job but others do not .
By the way Lenny it is ridiculous what people expect the government to do . Where does the money come from to pay Doctors, Nurses , Physiotherapist etc etc ?
@@TOM-TOM-TOM I am a retired person and I too pay a substantial sum in Income Tax to pay for our public services .
20% income tax is not ridiculous. Nor is national insurance which goes to the NHS. It’s called the social contract- you pay in and get services etc back. If you want to live in a tax free jurisdiction be my guest but expect to pay for everything.
Probably the first video I have seen that gets straight to the point. Keep up the good work
I have a playlist documenting my journey to UK: ua-cam.com/play/PLsSVrVYZuJGb16FhuliAI16ljrEYjqugp.html
Also you can get my google sheet for planning your PLAB 1 preparation strategy: abhinavkumar.ck.page/e4c48eebb0
I am a professional Engineer and worked in several engineering firms in the UK for 12 years. I left UK because of low pay scale and hefty Tax and NI deductions. I ended up working in KSA where salary is great and no deduction at all.
What's KSA? Saudi Arabia?
@@drAbhinavKr Yes
@@ashkhan7887are you software engineer ??
@@sairajshetye2709 Civil Engineer
@ashkhan7887 good choice . If you stayed in that country, they would have fleeced you of your earning. Well done
My nephew is a train driver, he works 4 days a week and earns £86,000, its crazy.
Thank labour
Sickening pay for no education! Bring on the robot train drivers.
@@cuznerdexter He qualified as a pilot but couldn't get a job.
@@thebishop.9944He's a qualified astronaut as well, I'm sure.
Thanks!
Thankyou so much doctor Basava. Glad I was able to help
Very informative and transparent video Doctor. Keep up the good work. Cheers 👍
I found it interesting to compare my pay in video games which is an entirely different industry of course to what you're doing, and found that the bracket and payscale is quite similar, either way the detailed breakdown was appreciated and well worth the watch (there are also quite some stark differences between the industries which is to be expected).
For anyone thinking about coming to the UK on a 34K per year salary - as evidenced by this video, you can probably see clearly that after tax deductions, it really doesn't leave you with too much left over. I would definitely have figured that into my long term plan if I were to do it over again, but live and learn.
Im not a doctor but i found the video very informative and i learned things i didnt know. Ive been a uk citizen from birth too 😂
this is typical case of anyone who can be a doctor including babes in the womb ???
You have been living in a dreamland
Thanks a lot Abhinav🤝🏻, for explaining the intricacy at 5:30 of how that precise figure of 173.81 is reached. It was bothering me for some time. I am now at peace🧘🏻♂️
Thankyou. It took me a while to wrap my head around this elusive number as well. Glad to be of help!
Your viddo has really opened my eyes to how little junior doctors are paid. I am shocked. You all deserve so much more. I can understand why doctors are striking!
Why do they deserve more? Serious question.
Like most profession’s, junior’s start on a much reduced salary compared to the amount they will earn once they become experienced. How much do you think a junior first officer earns at a typical UK airline flying 200 people around the sky’s? It’s not unusual for a Joni or pilot to start out on around £25,000 per year, in most cases with £100,000 of training debt still to pay off. However, once established they can expect to earn upwards of £100,000 per year later on in their career. Just the same as junior doctors who know their salary will greatly improve with time and experience.
So are there opportunities to upgrade your career while working?
Since the creation of UA-cam 20 years ago, we had to wait for the arrival of this Doctor Kumar to finally have the real figures,
congratulations to this Doctor and shame to the others in all the UK, who are visibly secretive, horse-dealers, even malicious?
Really wonderful video. Thanks a lot Dr.
Most welcome!
NHS ❤ Passionate nurses, doctors and paramedical staff. Hats off. Thank you. 🙌🏻
But no pay…rather than 2008 salary in 2023!!!!HorribleTaking advantage of their dignity…Their humanity is exploited to the core….Solicitors are the people who are making money…actually which has to be cheap for a person to get his justice…Now Justice is only for the rich who can afford it..Doctors who risked their life for others at COVID gets only claps 👏not even the basic Salary which they have to normally receive like any other profession
The NHS is the worst healthcare in Western Europe, other European countries are so ahead.
Anyone praising the NHS is clearly delusional, it's such an efficiency jump when you go to countries such as Germany or Belgium and use their healthcare.
Very long waiting times, staff who qualified in third world countries and are now working for the NHS (something that never happens in Europe) how many misdiagnosed and died, how many sent home and died, 7.7 million people on the NHS waiting list, not enough beds, not enough parking spaces around hospital, hospitals are old and outdated, GP doesn't care, people pulling their own teeth out because they can't get a dentist appointment and so on.
@@KyojuroRengoku98 1. I am not comparing. 2. Your mentioning of third-world sounds racist and demeaning. Try to work as a nurse or support worker in the overburdened system full of patients. 3. I am in healthcare and I know what I am talking about. 4. I lived for 15 years in Europe and mostly Germany. Their system is overburdened too and now people from other countries are coming to join and support their healthcare system. Go anywhere in the English speaking world and you will find it full of international people (but maybe you associate skills/competence by the color of their skin and their origin). Be grateful and empathetic, many countries in the world do not have access to even basic healthcare and we are talking here about not just healthcare but also social care. 🙏🏻
Thank you for the information. I know people say it is low but in fact every first job after graduation pays low no matter the profession. With years of experience your salary will grow and you can open a private consultation and earn extra income.
This world is messed up, how comes a HGV driver with no qualifications can earn more than a doctor who spent half of his life studying, this doesn’t make any sense to me!!!!!!!
HGV driver is qualified to drive HGV 😂 Dr still get more money due to extra hours
Great video bruv 💯🔥 sky is the limit
Thanks Doc! Love your channel too!
I am astounded .l would earn £40000 as a nurse if l was full time in the care sector.Then people wonder why l will not go back to nhs( now ihs)International health service )except l do permanent nights for no extra and have been qualified over 3 decades.ihs wanted to pay 24000 a year. Newly qualified wage (l am mental health trained not ill!
Very informative with a nice touch of Tax based humour, subscribed ! 😁
Haha! Thanks and welcome aboard.
34k is really bad considering the cost of living in UK… Better be a consultant and work out of UK after getting the NHS experience
That's the reason a large number of UK graduate doctors leave for other countries and UK needs foreign graduates to fill these vacancies
@@drAbhinavKrbut sir that 34 k is only for interns. And that too 40 hours a week.
Here in my country we as interns work for 60-70 hours for 7 days. No holiday for 365 dys 😢 and
We make 100 USD.
If I was in uk working like this I would make 100k pounds. 😢
Don't know why people are always comparing salaries with ronaldo and tom cruise packages.
Very informative! Keep it up.
Fresh engineers make 3 times that in IT in US . Thank you for your service
What’s the US engineer got to do with a Doctor in the UK stay on topic or keep out of it .🤔
Not any more. Lots of Engineers are losing thier jobs in America too. Ppl living in their cars, homeless etc.
My cousins who are doctors and chemists in the USA are on very high salaries. Before you get silly replies, higher salaries and LOW US TAXES means you stand a better chance of becoming rich. There's a reason why UK doctors and nurses are leaving the UK. It also means you won't be subsidising people who won't work and feel entitled to live free , by paying high UK taxes.
That's a private sector in the US. He is in the NHS in the UK. What's with the comparison lmao
@@sumitchopra9905 just to compare the lack of earning potential of Doctors in UK despite investing so much money and years into their education. For the context , there are nursing jobs in US which pay $90 per hr .
One of the best video on NHS salary I have seen. Thank you so much
Bro pls keep doing this osum contents👌🙌I'm getting intrigued to this...!!it's an eye opener, currently working as medical officer in Maldives planned to move uk this is really helping me 👍
Thanks for the encouragement Akash! Glad to be of help! That's so cool! I had two friends from Nepal in my Plab 2 group who were also working in Maldives. They both eventually landed a job in UK. Don't know where though. Haven't spoken to them since March last year
Don't move to UK from Maldives... 😮
I can understand why so many doctors left the UK and sought higher salaries abroad with better working conditions. It's for this same reason why I was part of that massive exodus of further and higher education teachers that left the UK from the early 2000s to countries which respected the knowledge and skills we had to contribute. It was interesting to see how a shortage left many universities with little choice but to either close or merge a lot of departments.
i just graduated med school will start my internship this january and im planning on clearing ukmla and going to the uk is that a bad decision? kindly guide me
What did you do@@mohammadaniyal
@@Mastershifu108 still doing my intership
@@mohammadaniyalBefore you make that silly move to the UK, check out why UK doctors, nurses, teachers and other professionals are leaving.
@@mohammadaniyal Before you make that silly move, check out their housing quality. That's where you will be living, paying rip off rents, using unreliable railway services, stuck in silly traffic jams thanks to never-ending roadworks, road closures and accidents. You will be paying the highest public transport fares in Europe. You will be paying highest energy bills in Europe. You will not get much free time because you're either at work or stuck on a train, or stuck in huge traffic jams. Your taxes will be going up in 2025 so you're going to get poorer further. The work is stressful too. There's no plans to improve your life there because everything is set to get worse further. There's a reason why professional people are leaving the UK. Avoid if you can.
That is abysmall ... as a Senior Engineer at a nuclear power utility, I earn susbtantially more than that (and have done so for decades) ... i am so happy i did not achieve grades to enter medical school (sorry, dad!) ... but dodged a bullet
Is this UK?
I'm a HGV technician working in London. My basic is just over 50k.
With overtime I can earn upto £90k+.
I done a 3 year apprenticeship. I have been earning over 40k since the age of 21. Honestly it's sad to know how much doctors get paid.
He is a junior doctor omg
@@sumitchopra9905How much do they blow on education for how many years before they can even become ”junior” doctors on such meagre salary?
@@Kantz1 That's given. Medical education has always been like this. It's lengthy and expensive. This is why we say that if you want to become a doctor purely for monetary reasons thinking that doctors earn a lot, then please don't. It's a bad financial decision.
The person here is a fresh medical graduate who has recently entered into a core training as a junior doctor. He cannot be expected to make much especially in the UK where healthcare is nationalised and run by the government.
Even US resident doctors who are just beginning residency don't make much. It's barely 40K USD. Their pay increases as they gain more experience in residency each year, and once they become attending they earn drastically more. The same is the case in the UK and elsewhere.
i will complete my medicine from eu and decided to work in uk but after your video
i have changed my mind i will work in eu such as swizerland or luxumburg
You can opt out from pension scheme and add the money in your bank account. Pension is not mandatory and you can opt out.
A video on your monthly expenses as a doctor in uk
Plz if possible 😊
thank you for sharing your information about monthly salary in the uk. Your video gives me more information about what my wages are deducted from "Tax"
The NHS Pension is Unfunded and Uncontractual.
My Experience is that during my 10 years in the NHS they:
1) Increased the NHS pension retirement age from 60 to 68. Stealing 8 years of old age.
2) Lowered what they pay out, due to RPI link removal and linking to whatever they deem to uplift your salary by each year (CARE Scheme). Even if inflation is 10%, they might uplift by only 5%, therefore decreasing your pension and salary. Not good.
3) Increased the contribution percentage dramatically.
Plus given there is no investment 'Pot', only an uncontractual and unfunded scheme, then its simply additional taxation, with a thin promise to pay based on rules they can and have changed as they wish.
Good luck planning your retirement if you work in the NHS.
As a comparison, a single stock I own pays me more right now per month (pro rata) than 10 years of NHS pension contributions will pay me when I retire.
Do your own research, please.
Great job Dr Abhinav. Excellent explanation
Thanks a ton
Dr Kumar, I can see you are very talented and a great doctor, someone like you deserve more elsewhere, look at how Aussie and Canada treats doctors there, you will regret one day, research a bit more about why even consultants are striking!
Very informative & transparent!! Thankyou ❤
Regardless of earnings all doctors should realise that if not satisfied they are not forced to remain but can seek better rewards elsewhere.
It's easier said than done...
Plenty have.
Very objective video. Good job man.
Thanks Avishek!
I do understand paying fees and other expenses, I have to pay an annual health surcharge and can't get an appointment, my last one I arrived 18 mins later and was told I was already DNA. We are all professionals with fees and personal expenses.
Great informative video and All the best. Hope hard working doctors like you deserve more.
My feed back about NHS is a disaster. Half knowledge people work and they are extremely rude!
Hope the system gets fixed.
Nayaz I have had recent experience of the N H S and the nurses and doctors were wonderful .
@@annewalden3795The NHS is the worst healthcare in Western Europe, other European countries are so ahead.
Anyone praising the NHS is clearly delusional, it's such an efficiency jump when you go to countries such as Germany or Belgium and use their healthcare.
Very long waiting times, staff who qualified in third world countries and are now working for the NHS (something that never happens in Europe) how many misdiagnosed and died, how many sent home and died, 7.7 million people on the NHS waiting list, not enough beds, not enough parking spaces around hospital, hospitals are old and outdated, GP doesn't care, people pulling their own teeth out because they can't get a dentist appointment and so on.
@@KyojuroRengoku98 My experience has been good and I have been using the N H S for more years than you I believe .
Good explanation doc, I am NHS employee too.
That's great
He's lucky to pay only around £500-600 per month. Average rent is more like £1,300 per month, more than double. Then his training in India was much cheaper, and yet he can practise in UK.
@baz7918 the GMC?
@baz7918that is the point of a standard entry exam.
Great content. Good luck, gold ❤
Appreciate it!
Unbelievable 😅 I was complaining for getting that much by sitting in the office drinking coffee and sharing cookies 😅 but that's so low considering current prices.
We definitely need more french come in and protest for the rest😅
You've explained it so well
Thankyou
Thanks doc
This video is helping me decide whether i should go to the uk for a fy1 or not my first motivation being how much money i will make and the quality of life im a bit hesitant other countries seem much more generous with doctors thank you abhinav for this great video you have been of great help for me
Look at the pay circular for 2023-24 before finalising: www.bma.org.uk/pay-and-contracts/pay/junior-doctors-pay-scales/pay-scales-for-junior-doctors-in-england
Also, junior doctors are striking for a pay rise. So may get more hikes later. In 2 years you'll be at CT1 level too so keep that in mind as well
@@drAbhinavKr i will right away Dr Abhinav. Thank you for your great generosity.
I am in IT and get paid @100k annually. In the bank account Monthly it comes to approx 5k for 11 months and approx 15k once a year. Of course you can opt out of pension scheme to get a bit more but why throw away free money that the employer also contributes if you join.
Is this UK?
@@drAbhinavKr Hi Doc, your video is about the UK pay for Jr docs, which is why I shared my input for an IT prof in the UK. Also it's a very flexible 9 to 5 job with no extra hours required as long as you deliver.
I guess once a doctor becomes a consultant, their salary reaches this range too. But that would be with anti-social hours work included.
You've done amazing for yourself. Thank you for sharing your work/compensation structure.
Please can you tell me which I.t role you are in thankyou as my son n2 is thinking what I.t course to do in uni should he go.?
@@sbegum2010Sorry I am unable to suggest any IT course as I did not study any IT course in India. Nor have I done any studies abroad. I used to work in a bank in India. Due to the volume of work involved financial companies are always trying to improve efficiency to reduce scope for mistakes in day to day jobs of their employees. They reach out to IT companies for automation and new systems etc to solve their probs which are multi million amount projects. For IT companies to understand the probs faced by banks who can best explain what the employees are going through? A former employee of course. I have a personal interest in computers and process improvements so I am able to explain the problems and also suggest solutions to solve these using a computer. And IT companies are willing to pay well for the experience and information that I bring. Working in a bank was the investment in future career for me and I did not spend any amount of money for higher education and immigration.
So please choose the path wisely. Do not try and work for making money. Money should follow automatically if you are able to contribute to value.
In fact, paying NI is compulsory for all employees.
Thanks for the breakdown. Very useful, nice video Abhinav
Glad you liked it
Thank you so much Dr Abhinav Kumar! You are amazing ❤🧡💛💚💙
My daughter works for the NHS and just recently my son qualified as a doctor. The thing is my daughter doesn't just pay NI, tax and pension. She also pays for her registration and insurance. And yes you would be paid more for extra and anti social hours but thats not your real wage you had to work extra for it. I get paid way more than both of them and i a m not even graduate. I think its totally disgusting.
@@shaminakhtar6749 you have learned a very painful lesson. Don't forget, taxis and st ealth taxis are going to rise even further there in the UK in 2025. Deteriorating living standards and high outgoings, like a pay as you work, scheme.
What do you do, ma'am?
What do you do, ma'am?
@shaminakhtar6749 you forgot to mention that she will also be paying more st ealth taxes and higher taxes. This is to pay for UK entitled people who want to live a life without working. St ealth taxis are in the form of car tax, car insurance, road use tax, this fine, that fine, this car park charges that car park charges...increase in lousy public transport fares etc all designed to take money out of your pocket to pay for entitled people. This is why UK educated professionals have left and are leaving the country.
Are you also a Registered Nurse?
My Brother Dr Maniah who was Super Specialist (Endocrinologist) working as Sr. Consultant in Leeds, also his wife was NHS Nurse, left for india (Goa) and started his own Super -Speciality Clinic in Goa, we all were against his decision, but he give reason that he didn’t get any family there and high tax
Iam a fully trained technician with 25 yrs experience 4yrs training and continued training every year and you are on another more money than me and no doubt your pension contributions and final pay is massive plus your private practices
Thanks for the video! Wish u the best!
Thank you! You too!
Another problem UK emigrated Indian Doctors face is they don't get married easily. They struggle to find another doctor groom or bride. I know that because I run a UK matrimony group and see all the life and struggles of Hindu- Indians in UK
Well I have mixed opinions when it comes to doctors salaries cos many doctors are very bad at their job and therefore well overpaid. We tend to refer to nurses and doctors like their are all saviours and some kind of angels here to take care of us but many are doing it for the status and salary only and don’t give a fu* about patients
That was proved during the Con-flu .
Keep going buddy ❤
I think nhs should pay good pensions to doctors for their service to people. It is most noble profession in the world and monetary value is impossible to be judged for lives they save. It is priceless.
@ashblackhawk I think that the sun should always be shining every day, I believe that the UK streets should be cleaned every day, I believe that the UK trains should run everyday, I think the UK victorian roads should be roadworks free, I think that the UK should reward hard work, I think...I think
I remember people protesting on behalf of doctors' pay saying that junior doctors in the UK earn only ₤17/18k. They were, of course, talking nonsense. Doctors should be - and are - paid well, though in my opinion they pay too much in taxes.
Can you make a video of current economical situation in UK and problems that a junior doctor faces financially if he/she moves to UK at present
Great Video but slight mistake on NHS services - they are free to all UK citizens regardless of National Insurance payments. Nobody at any GP Surgery or Hospital will ask about your National Insurance payments.
My family left the UK the tax was far too much and living conditions became unbearable
I think the taxation explanation was a little wonky. I think the PAYE is calculated based on your expected income until the end of the tax year. So if you had no job before [from where earning and tax will be brought forward from via your P45], if you joined the employer a couple of months before the end of the tax year, sure, you would pay no tax. But if you joined earlier in the tax year such that your total expected income would exceed your £12k personal allowance, the tax would be paid from month 1 [unless in the unlikely circumstance where you had previously had a MUCH higher paying job such that you had already paid tax on your [now] expected earnings for the year.] Typically they use the 'emergency' tax code so 'some' tax is taken. When they get an accurate code, an adjustment is made. This means any 'expected' tax based on 'expected' earnings, will be taken evenly each month of the year.
If you didn't pay tax the first couple of months, you may have joined the employer from having had no previous job in the tax year, during the last 2 or 3 months of the tax year.
Someone please correct this if inaccurate.
Your Gross (Pre-Tax) annual income equates to around £45,516 accounting for all the additional hours and concession rates. I'm a 9-5 manufacturing engineer soon, to be a manufacturing manager at the age of 30 with a gross income of £60,000. I have always thought this is unfair as your job is far more noble. As an engineer I see a doctor as the engineer of the human body.
Nice parallel. Thanks for this input. The salary has jumped up now that I'm a bit senior and doctor strikes have caused pay to increase by 6%. I'll now earn 59k before taxes in 2024
@drAbhinavKr that's okay, you'll be paying higher taxis and even higher St ealth taxis from 2025 onwards to pay for the entitled people, so you'll be roughly the same position or poorer . You see, how it works is that you earn more but they take even more out of your pocket. This means that you're position hasn't really improved after all. Fool and his money comes to mind.
@roops2939 Who really loses out in the end then? The working man and the UK as a nation. 60K is now a working class salary if you live south!
@drAbhinavKr do you suspect that UK doctors living and working abroad will be enticed back by this pay increase? What do you say? I can guess accurately, how about you? Have you ever come across the concept of something called " standard of living?" Or, " for all the tea in China?"
Thanks for this informative video🌹 could you also make a video about working schedule of this payslip. For example how many days off or night shifts someone would have during a month🙏🏻
Great suggestion!
Hi
Maybe retrain as a train driver (around 75,000 pa + 600 pounds for working on your day off)
One question: For example if u leave the uk after sometime and go to another country, can u take that NHS pension that u did deposit during your working years? Eg if u worked for 5 years in NHS and now u r moving to another country…. Can u take that pension with u ?
Yes, the hns also puts in 12%😂
@@mukeshjobanputra6721 puts in or takes 12% of that amount ?
@@gadgetworld3312 also puts in the pension pot.
Not much for the amount of studies and hours you work. Doctors should start on £50K salary.
So he's making around £47k (£3k/month net) Not bad at all. As an Engineering Geologist with a degree and a masters, it took me around 20 years of experience working on average 50-60hr weeks to earn £47k. Enjoy your money, it's more than most people earn.
@@Makinen689 I studied for 5 years at uni to get a Bsc and Msc. £47k is a very reasonable wage for a junior doctor, especially when there is ample room to make a lot more.
i knew all about the uk pay system long before emigrating here from Seattle, started off as a junior IOS dev at a startup back there but realised health insurance was eating up my income, applied for a number of software dev roles in the UK and got one in manchester with a base pay of £75000, i wouldn’t advise anyone who’s looking to be successful to come to the uk UNLESS you work in software development (preferably in a mid-senior level position) or data analytics as that’s where the money currently is
@@Makinen689for junior doctors maybe,but not at consultant or GP level. According to Euronews,a British consultant earns an average salary of £136,375 which is the 7th highest out of 25 EU countries which incidentally is higher than specialist doctors in France,Sweden,Finland,Italy, Spain,Norway,Belgium,Portugal,etc earn. So,in a nutshell British consultants earn more than most of their European counterparts,not less and similarly the same with GPs!😂 of course if you're a consultant in a lucrative speciality like fertility,cardiology,oncology,etc then private work will potentially net you millions!
Hi really nice thanks.
One question do you get the same salary every month or does it change depending upon the number of extra hours that you do ?
Also did u do any Locum duties in this month ?
You did well with this salary breakdown. Good job!
Hello sir, I'm very grateful for this information. Can you please throw some light on what is the reality of strikes for payment rise amongst doctors in UK?
Financially, from the perspective of supporting ones family in India, doing residency in India is beneficial or abroad?
Shocking low salary for junior doctor with long hours. I thought it would be much higher. 29k base salary really isn't much more than most other jobs. In my industry, most graduates get like 26k as a starting points(no crazy extra hours in general). Considering what doctors need to do. I think they deserve more than that.
Strange how employer pension contributions is not mentioned here. The government pays 20.6% into a NHS pension. This is a huge perk. For his basic salary of £34k, this is an additional £6.8k he chose to exclude.
I'm not thorough with pension. But from my understanding, given that this is a defined benefit pension, the employer contribution wouldn't make a difference to the final pension I get, which depends solely on (the number of years I contributed to the pension) and (my highest salary earned by retirement).
When evaluating remuneration across professions and / or public vs private, these figures have to be taken into account. The entire 'package' has to be evaluated else it does not correctly reflect a true worth. How else can you compare an NHS remuneration against, say, a hospital in another country where no DB scheme is provided?@@drAbhinavKr
Thanks
Thanks Atif. Glad you found the video useful
Wonder why being raised in India as a doctor you don't serve your own country where medical workers are much more needed? I am sure the doctor/patient ratio is much lower in India than in the UK.
Capitalism.
@@drAbhinavKrIndia is neither socialist not capitalist.
I think that's your personal monetary problem or urge to work in different culture makes you here.
I’m afraid I don’t agree with what you shared here. I’ve worked for the NHS all my life. My salary has increased over the last 30 years but my hourly rate is the same or even less than it was when I qualified. As a dr maybe this feels compared to the corporate world but over years your salary and pension in addition to opportunities for private work will increase. Be grateful. There are many with not such scope. Yes you’ve worked hard. Many work long hours for less positive regard and remuneration. I’m tired of this rhetoric. I’ve never come across a poor dr. Nor one who has had to wait months to be seen for a health condition as the public do for their health conditions. There is additional perks in terms of training and opportunities career development wise. If you don’t like your salary go private it’s a choice.
Nice video very informative so as an international graduate why did you choose UK? There must be better locations?
It hurts and pains me to my core that despite making £46,000 more than you per year, that it equates to only making £1,216.06 per month because success brings unequal taxation (after taxes I only make £14,592.00 more than you do despite my salary being £80,000).
How are you making 46,000 more than him? His salary is really 48k after calculating overtime and night shifts etc.
Plummer here, thier service per hour here in UK are expensive than the Doctors salary …imagine one hour..of plumber service 100 plus pounds the charges..its depend to the plumber if they ask you less than 100 pound…but mostly 100 plus pound…
Hello Dr Abhinav !!! I wanna know about benefit of doing MPH ? As I have my plab 2 in jan 2025 so I'm thinking to start mph untill I get done with my plab 2 and find job in nhs what you suggest
Hey Abhinav! Amazing and informative video. Can you make one video for doctors who want to move there after md/ms? With the current condition of the NHS is it wise to move there?
They are replacing Doctors with Practitioners. There is no future for medicine in the UK.
The NHS is the worst healthcare in Western Europe, other European countries are so ahead.
Anyone praising the NHS is clearly delusional, it's such an efficiency jump when you go to countries such as Germany or Belgium and use their healthcare.
Very long waiting times, staff who qualified in third world countries and are now working for the NHS (something that never happens in Europe) how many misdiagnosed and died, how many sent home and died, 7.7 million people on the NHS waiting list, not enough beds, not enough parking spaces around hospital, hospitals are old and outdated, GP doesn't care, people pulling their own teeth out because they can't get a dentist appointment and so on.
Every single doctor in the UK has started talking about money and complaining every single day. I wish that in the future we an have an American style medical system so that only top notch doctors stay prominent and get rewarded. Rest of them can concentrate more on their performance and effectiveness before talking of rewards and money.
You want to pay US services? Feel free just go private.
Useful thanks 😮
What’s the point of pension when you think you’re saving yourself from tax initially but end up getting taxed when claiming your pension at your old age anyway.
The point of joining a pension scheme is that the employer also contributes if you are willing to contribute. They may contribute same or even more than your own contribution. At retirement 25% can be taken tax free if it's a defined contribution plan and the remaining also tax free over a period if you are clever about it. And what about the growth of the corpus over the contribution period. It's definitely worthwhile joining a defined contribution pension scheme. A defined benefit pension scheme is worth it only if you start young and work long, else it's defined contribution all the way.
wow thats crazy. doctors in USA make arnd 100k or more. they have crazy amount of debt too but are able to pay it off eventually with consistent earnings.
Dr. Can you please tell me about the work that you have to do in the hospital? Is teaching occurring or only treating patients? . I am 3rd year Mbbs student from AIIMS
Yes. Indian taxpayers are footing the education bill for all doctors engineers who are immigrating to greener pastures. They should be made to pay back atleast fifty lakh rupees to the Indian government
They should be allowed to serve a minimum number of years for public service or told to pay back the government's cost.
Hello Dr Abhinav. If I am pretty sure that I will not continue to stay in the UK after my training completes, then can I opt out of the 9.8% NHS pension?
You can opt out of pension even if you chose to stay in UK. You just have to focus on making sure you'll have money for the older age when you can't work as much
@@drAbhinavKrwhat are the returns of pension fund every year
@@karthiksreddy999 Excellent question. NHS pension is defined benefit. Not defined contribution (which is then invested into a pension fund). So NHS pension is guaranteed to give you a defined benefit when you leave the job. Which is... for every pensionable year you worked in the NHS, they'll give you 1/54 of your final salary for the rest of your life. So if you retire after 10 years from NHS and your last salary was 60K GBP, you'll get (10/54)*60K GBP pension every year.
Never, never, never opt out of an employer's pension scheme. In addition you your contribution your employer also pays money into your pension. This employer contribution is FREE money for you that will grow and compound over your career. You may save 9.8% in the short term but you will loose £10,,000s to £100,000s when you retire....
A defined pension scheme based on last salary drawn is a gold plated scheme. You will never get a better pension plan.
There are so many graduates that have also done years of study that don't earn this wage and the earnings potential that you have in future years is vastly more than your junior doctor rate. I find it distasteful that junior doctors claim they cannot live comfortably on these salary levels when I look at the poverty all around.We won't see many NHS doctors in the food bank this weekend.
But do you wonder why UK has doctors on the shortage occupation list? Medicine as a degree is vastly more monetarily rewarding in other countries than the UK. And so doctors leave.
The free market dictates that doctors should earn far more. So if you do not support raising the pay of UK doctors, then doctors will move to countries that do support a higher pay. And you'll be left with longer wait times at the GP & A&E.
As far as graduates having studied years for a degree, they should look at the free market value of the degree first before getting in. A PhD in 16th century Victorian poetry is not of the same free market value as a healthcare worker.
When I hear a child is earning millions a year just opening toys on UA-cam, I don't complain that a healthcare worker should earn more... The free market, as messed up and as un-noble it may seem, values the kid's output more than a doctor's.
@@drAbhinavKr When I look at the situation as an outsider to the NHS I see people doing a decent job throughout the organisation and in an ideal world everybody should be paid more, but we don't have an infinite pot of money from which to make these payments. Which group of people do we have to disadvantage to provide doctors with the 35% wage demand being made? A more reasonable sum would give you greater support amongst the public.
I understand that there is more money to be made elsewhere and that is true of my field IT too. I could earn a lot more money in the US, but choose to stay here as it is my home and a country I love. Yes a degree has a market value as you say, but many people study in a particular area because that is what interests them or they see a need for themselves in that area. If people only choose their educational path based on how much they could earn in the future society would be missing many key elements and not function.
I totally agree that the world is a messed up place when people playing pranks can get rich online, or kids playing with toys make millions, but they are the exception to the rule and part of the American disease where everything is about the money unfortunately.
To conclude, junior doctors do deserve more money as do many professions such as nurses, firefighters, police and ambulance staff that are critical to our society. But please tone down the demands and consider all of the other areas that need investment that can't all happen at once. If the government ever sorts itself out and the country starts to become more prosperous again then that is the time to request the bigger raise, not when the whole nation is hurting and so many people are in desperate need.
Thank you for such a well thought out response. I really appreciate it.
I just want to point out that doctors don't want "extra pay". They just want to recover the pay that was eroded from their earnings. Our inflation adjusted earnings are down 28% from 2008. So the doctors are striking just to get that back. The government's inability to keep inflation down shouldn't be passed onto the low level government employees.
This is insane. A graduate dr is paid out of uni the average UK salary and you think this is little? It is too high for a graduate that also can claim overtime! In Engineering/IT all my career was always doing overtime and has zero extra salary. I am not entitled like a dr.
Get a grip this is a very good salary for graduate dr in his twenties. Then the pension where they get 20% extra free per month then the overtime then the yearly increases then the consultants will get£120 in 8-12 years and work privately and make £150k ++++ dr are privileged and I don’t feel sorry for them that they are paid too little. In fact need to half their pensions now as a starting point!
I am a Senior Marketing Director at Louis Vuitton and I make somewhere around £48,000 P/M after all deductions.
That was extremely interesting.
One question: For example if u leave the uk after sometime and go to another country, can u take that NHS pension that u did deposit during your working years? Eg if u worked for 5 years in NHS and now u r moving to another country…. Can u take that pension with u ?
As a mitochondria I earn 5 folds more tax free income than this.
Sad state of affairs for doctors in UK.
So what does the mitochondria do?
@@drAbhinavKr Nothing much, just casual power generation.
@@osamaidrees9128powerhouse of cell😂
@@osamaidrees9128😂😂
You are equally a good finance guy as well.
Thankyou sir!
I do sympathise with the docs ,but my son 20plus years asa an auxiliary n carer has jus got an increase to £12 pH. Both jobs r vital to the public at a DISGRACEFUL RATE OF PAY we all need them ,we don't need as much expensive office and none hands on staff. Z.