About me
Bookshop

Get new posts by email.

About me

Money matters: Doctors vs Teachers

Peter Preston has posed the controversial question: “Is one doctor with three teachers?”. His article is interesting, and makes some good points about the fact that doctors should, perhaps, not complain about a pay increase when they are already far more highly paid than equivalent doctors in other European countries.

Unfortunately, hiis eponymous question is not so good: This is a comparison based on the latest doctors’ contract, comparing conslutants – the most highly paid doctors – with the average teacher. As a contrast, here’s a alternative view.

A newly qualified teacher has an average debt of £12,069. Under the latest pilot scheme, the government repays this off for them as long as they work in teaching. They are paid an average of around £22,000, plus a £5,000 bonus for sticking it out for a year. That’s £27,000. According to the Government, primary teachers work an average 39 weeks per year (38 teaching weeks, 1 admin/training week), at 37.5hrs per week (9-4.30, Mon-Fri). So they get roughly £18.46 per hour.

A newly qualified doctor has an average student debt of £15,000. Since the government doesn’t understand that working nine to five every day precludes you from doing as much part time work as being at university for fewer hours, the average student has to supplement this with £5,000 of bank loans. That adds up to a first-year repayment of £467 worth of student debts, and £538 to the bank. The starting salary for a junior doctor is £20,295. Net income (before tax): £19,290. That’s for the basic 47 weeks, at 45hrs per week (Mon-Fri, 9-6) plus variable overtime, which for argument’s sake we won’t include. That works out at £9.12 per hour: Just under half of what the teacher gets.

So the question is: Is one teacher worth two doctors?

Or, more pertinently: Are questions like this conceptually flawed and misleading?

Edit: Yes, I clearly do have some problems with maths. But I’ve corrected them now.

This post was filed under: News and Comment.

Recently published posts

What I’ve been reading this month / 30 June 2022

Weeknotes 2022.25 / 26 June 2022

Weeknotes 2022.24 / 19 June 2022

Weeknotes 2022.23 / 12 June 2022

Weeknotes 2022.22 / 05 June 2022

31 things I learned in May 2021 / 31 May 2022




Random posts from the archive

Our children dying because of our embarrassment / 23 July 2006

War, no peace / 02 February 2006

What I’ve been reading this month / 28 August 2020

Community notice board / 25 February 2019

Swing Update / 13 April 2005

London’s Olympic dream in tatters / 30 January 2005





The content of this site is copyright protected by a Creative Commons License, with some rights reserved. All trademarks, images and logos remain the property of their respective owners. The accuracy of information on this site is in no way guaranteed. Opinions expressed are solely those of the author. No responsibility can be accepted for any loss or damage caused by reliance on the information provided by this site. Information about cookies and the handling of emails submitted for the 'new posts by email' service can be found in the privacy policy. This site uses affiliate links: if you buy something via a link on this site, I might get a small percentage in commission. Here's hoping.