Salaries in NZ are attractive with low taxation (the tax rate is currently capped at 33%) and no National Insurance contribution allowing for an excellent quality of life. Doctors report that working conditions are favourable in comparison with the UK, with more study, more annual leave, and fewer working hours, allowing for a better overall work/life balance. You may also have the opportunity to join a Superannuation scheme (where you would contribute up to 6% of your gross earnings, matched by your employer). These funds are then accessible either upon your retirement or when you leave NZ).
GPs tend to earn between NZ$150k and NZ$185k. This depends on your experience and the location of the position. Often GPs will work a four or four and a half day week, with a typical 36 hour work week and 25 days annual leave – allowing for a family friendly lifestyle. Appointment slots of 10–15 minutes are also standard practice.
Consultants working in the public health system in NZ are paid according to a national collective agreement. Salary point is determined specifically by the number of years of experience you have, working at Consultant level. How much you will be paid in total, i.e. your gross package will be determined by other factors such as frequency of on-call and job size (hours routinely worked per week above standard 40 hours 1.0 FTE). Total packages will essentially range from approximately NZ$200–300k. In addition, you will benefit from:
- 6 weeks (30 working days) annual leave per annum
- 10 working days leave per annum to undertake continuing medical education activities, including attendance at international conferences
- NZ$16,000 per annum Continuing Medical Education (CME) allowance
- Reimbursement of work-related expenses, such as medical registration and Indemnity
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