How Much Does an OB/GYN Make in 2024?

Obstetricians and Gynaecologists in the US earn at least $200,000 yearly, besides benefits and other job compensations.

While the job of an OB/GYN is quite delicate, a matching compensation is expected. If you’re already practicing or intending to venture into this field, it’s best to stay updated with the current salary trends.

This article primarily answers the question of how much an OBGYN makes. It also discusses how you can improve your earnings.

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Key Takeaways

• An OB/GYN earns a median salary of $300,000 yearly in the US.
• You earn more or less based on factors like location, years of experience, performance, etc.
• You can improve your salary compensation through experience, extra certifications, proper negotiation, and building a network.
• You’re entitled to benefits that can add up to your total annual salary, including pension, healthcare, social security, etc.

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Median/Average OB/GYN Salary

An OB/GYN in the US can expect to earn a median Salary of $300,000 or an average of $214,000.

Several salary boards have varying data regarding this. To arrive at this conclusion, we’ve combined those from the best five sources: Salary.com, ZipRecruiter, Payscale, Medscape, and our internal OB/GYN salary report.

The pay would depend on factors like

• Location
• Years of experience
• Job Position
• Performance, etc

Below, we’ll highlight the estimated average salary based on some of these factors as displayed by the data from Salary.com.

Location

Location	Average Salary
Anchorage, Alaska	$262,265
Auburn, Alabama	$209,932
Bentonville, Arkansas	$215,213
Avondale, Arizona	$234,326
Anaheim, California	$263,892

Years of Experience

Experience Range	Average Salary
<1 to 2 years	$227,130
3 to 6 years	$256,980
7 to 9 years	$276,000
10 to 14 years	$318,600
15 to 19 years	$330,200

Who You Report To

Report To	Average Salary
Supervisor	$303,601
Manager	$318,000
Director	$323,427
Senior/Top management	$335,370
CEO/Board of Directors	$350,000

Other Job Compensations and Benefits

Like salary compensation, employee benefits are also relative to the aforementioned factors.

However, we’ll provide a general overview of the annual value benefits and compensation for an OB/GYN position based on industry average cost.

Annual Cash Compensation	Amount
Average base salary	$318,601 (median amount)
Average incentive bonus	$13,300

Benefits	Industry Average Cost
Social Security	$15,266
401K/403B	$10,000
Disability	$6,636
Healthcare	$6,374
Pension	$13,750
Time off (days)	37

How to Boost Your OB/GYN Salary Compensation

Being a physician is a demanding role, hence, there’s often room and a chance that you can improve your salary with the right steps. We’ll identify some of the vital ones below.

Seek Advanced Education

Besides your regular medical certification, an additional degree can improve your chances of bargaining for better pay within the same specialty. Some of the best certifications for an OB/GYN include:

• Master’s Degree in Nursing (MSN): Specializing in obstetrics and gynecology can open doors to higher-paying positions, such as nurse practitioner roles.
• Doctor of Nursing Practice (DNP): This advanced degree can lead to leadership roles and higher salaries.
• Certifications: Certifications like Inpatient Obstetric Nursing (RNC-OB) or Electronic Fetal Monitoring (C-EFM) can enhance your qualifications and make you more competitive.

Work to Gain As Much Experience

One of the ways to ensure that you’re making the best out of your time in any work environment and improving your experience is to seek challenging assignments. This helps you think outside the box and boosts your knowledge.

You can also seek to train and mentor new physicians in the field. This would give you off as an authority as well as boost your resume.

Learn How to Negotiate

Negotiation is a vital skill for everyone in the workforce. You can have all the certifications and still be underpaid without a proper negotiation skill.

Opportunities for negotiation can arise during your job interview. Ensure that you’re prepared for it. A best practice would be to determine your minimum pay range based on salary reports and trends like the ones we’ve prepared for you on this site.

You might also have an opportunity to negotiate your salary during a performance review. If you’ve worked diligently in the past, you should be able to score a higher salary.

Join Professional Organizations

Professional organizations provide you with an opportunity to expand your network. This expansion increases your chances of getting first-hand access to the latest information and job offers with better pay than your current workplace.

The Association of Women’s Health, Obstetric and Neonatal Nurses (AWHONN) is one of those associations you can identify with.

Improve Your Earnings with Physicians Thrive

As an OB/GYN you have better chances of earning way above the national average salary. However, this would depend on how you manage your career.

We often recommend that you seek professional advice and consultation to ensure that you’re fairly compensated and to improve your chances of earning the highest salary possible.

Physicians Thrive offers all of the services you need to help with this, from compensation review to contract review and negotiation. Fill out this quick form to talk with an advisor today.