The associate report Flashcards

1
Q

what type of practice pays more?

A

Emergency - $174,000 median annual
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Companion - $115,000
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Mixed > Food > Equine

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2
Q

as veterinarians gain experience, how do incomes and hours worked change?

A

hours worked continue to decrease, after about 5 years incomes remain steady (so effective hourly wage increases, total remains stable around 120,000 - by choice!)

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3
Q

For an experienced veterinarian, what effect does changing jobs have

A

creates a seniority spike - especially with 11-15 years of experience, you get higher income and hourly rate than if you stay at the same clinic

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4
Q

how does assisting with clinic management affect income?

A

Assist - 130,000 median
Don’t - 113, 000 median

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5
Q

Does where you work make a difference for income?

A

Yes
Ottawa: 127,000
Hastings, Prince Ed, etc: 125
Toronto: 125
Hamilton Niagara: 125
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GTA > Dufferin > middlesex > Brant > Renfrew > Wellington, Waterloo

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6
Q

Highest wages by method of compensation?

A
  1. % of gross billings
  2. Annual + % of Gross
  3. Annual + profit share
  4. Hourly
  5. Annual salary
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7
Q

median weeks of vacation?

A

3 across all practice types

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8
Q

when in your career can you expect more vacation time?

A

full-time: after 10 years
part-time: seems to be ever increasing

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9
Q

do many practices have vacation restrictions - what time of year and for how long?

A

Seasonal restriction:
60% of equine do
37% of companion
22% food
21% mixed
17% emergency
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Allotment restriction:
40% equine
31% emergency
29% mixed
28% food
23% companion

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10
Q

median value of benefits for full time

A

1,625

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11
Q

what benefits can you expect to receive?

A

Continuing Ed, fees and days off
Dental and health insurance
malpractice insurance, license, OVMA dues….
etc….

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12
Q

who is on call?

A

Food animal - 94%
Equine - 90%
Mixed - 83%
Emergency - 24%
Companion - 10%

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