Hematologist Salary Guide and Career Outlook

In the United States, the mean pay is $174,086 for hematologists. These practitioners earn on a mean basis C$256,417 ($199,358 USD) in Canada, £154,237 ($207,718 USD) in the United Kingdom, and AU$402,413 ($305,290 USD). The mean registers at NZD$200,000 ($136,937 USD) in New Zealand, INR17,71,663 (INR1,771,663 in Western form) ($27,457 USD) in India, and R1,765,223 ($129,200 USD) in South Africa.

hematologist salary

How Much Does a Hematologist Make per Year by State?

Hematologist Salary US Canada UK Australia New Zealand India South Africa
Hourly Pay $89.70 C$204 £74 AU$193 NZD$96.15 INR851.76 R848.66
Annual Pay $174,086 C$256,417 £154,237 AU$402,413 NZD$200,000 INR17,71,663 R1,765,223

Hematologist Salary Influencing Factors

The pay of hematologists depends on factors such as experience, location of practice and the type of employer. In countries such as the United Kingdom and New Zealand, government agencies employ significant numbers of hematologists. These typically earn less than those in private practice or self-employment.

1. Location

Hematologist’s compensation differs by city or region of practice.

According to SalaryExpert, hematologists in Sydney, Australia earn on average AU$428,184, above the national mean. For those in Melbourne, the mean stands at AU$409,543.

As for the United Kingdom, hematologists in London average earnings of £193,034. The mean figure in Liverpool is £140,966.

Hematologists in Cape Town, South Africa earn R1,912,028, as reported by SalaryExpert. The mean for those in Johannesburg sits at R2,353,346.

How Much Does a Hematologist Make in the US?

 Hematologist Salary US Per Year Per Hour
Minimum $40,851 $19.64
Maximum $411,699 $197.93
Bonus N/A N/A
Overtime N/A N/A
Total Pay $40,851 to $411,699

How Much Does a Hematologist Make in Canada?

 Hematologist Salary Canada Per Year Per Hour
Minimum C$179,000 C$86.06
Maximum C$359,000 C$172.60
Bonus N/A N/A
Overtime N/A N/A
Total Pay C$179,000 to C$359,000

How Much Does a Hematologist Make in the UK?

 Hematologist Salary UK Per Year Per Hour
Minimum £37,923 £18.23
Maximum £205,237 £98.67
Bonus £10,041 £4.83
Overtime N/A N/A
Total Pay £37,923 to £215,278

How Much Does a Hematologist Make in Australia?

 Hematologist Salary Australia Per Year Per Hour
Minimum AU$267,761 AU$128.73
Maximum AU$536,343 AU$257.86
Bonus AU$26,197 AU$12.59
Overtime N/A N/A
Total Pay AU$267,761 to AU$562,540

How Much Does a Hematologist Make in New Zealand?

 Hematologist Salary New Zealand Per Year Per Hour
Minimum NZD$112,000 NZD$53.85
Maximum NZD$216,000 NZD$103.85
Bonus N/A N/A
Overtime N/A N/A
Total Pay NZD$112,000 to NZD$216,000

How Much Does a Hematologist Make in India?

 Hematologist Salary India Per Year Per Hour
Minimum INR11,95,091 INR574.56
Maximum INR23,93,843 INR1,150.89
Bonus INR1,15,335 INR55.45
Overtime N/A N/A
Total Pay INR11,95,091 to INR25,09,178

How Much Does a Hematologist Make in South Africa?

 Hematologist Salary South Africa Per Year Per Hour
Minimum R1,182,749 R568.63
Maximum R2,369,210 R1,139.04
Bonus R114,916 R54.77
Overtime N/A N/A
Total Pay R1,182,749 to R2,484,126

 2. Experience

According to Neuvoo, entry-level hematologists in Canada earn at a minimum C$179,000. At the highest levels experience, pay reaches C$359,000.

SalaryExpert puts entry-level pay for medical hematologists at AU$267,761 and the earnings for those with eight or more years of practice at AU$536,343.

The New Zealand Government reports that trainee hematologists, known otherwise as pathologists, fetch between NZD$112,000 and NZD$166,000. At the experienced stage, the compensation range typically starts at NZD$150,000 and climbs to NZD$216,000.

According to SalaryExpert, the mean pay in India is INR11,95,091 for entry-level hematologists. With eight years or more experience, earnings roam at INR23,93,843. For hematologists in South Africa, one to three years experience results in a mean pay of R1,182,749. (https://www.salaryexpert.com/salary/job/medical-hematologist/south-africa) The mean stands at R2,369,210 for those with eight or more years in practice.

3. Industry

PayScale reports a mean salary of $180,870 for pediatric hematologists in the United States, slightly above the mean pay for hematologists overall in the United States.

Roughly two out three hematologists in Canada serve in an “Academic Health Sciences Centre.” Private practices employ 11 percent, while one out of ten hematologists work in non-teaching hospitals.

For hematologists, who are treated as specialist doctors, in the United Kingdom’s National Health Service, pay runs between £37,923 and £70,718. Consultants in the National Health Service see a base pay of £76,761 to £103,490. Hematologists can earn up to £215,278 working outside the National Health Service.

Schedule & Working Hours

Hematologists normally serve on a full-time basis. In clinical or hospital settings, shifts can run into nights, pre-dawn hours, weekends and other irregular time periods. The need for hematologists to treat patients and perform laboratory requires these work shifts and the requirement for continuous on-call duty.

According to the Canadian Medical Association, hematologists in Canada logged 48.6 hours per week in 2014. In Australia, the average work week for full-time specialists physicians, including hematologists, runs 41.6 hours.

Bonuses & Benefits

While the packages may differ by employer, hematologists generally can expect health coverage and retirement. According to PayScale, 88 percent of hematologists are afforded medical benefits and 63 percent report dental benefits. However, only 38 percent have vision coverage.

Employers may lure hematologists with signing bonuses and moving or relocation assistance.

Career Outlook

Population increases and an overall older population combine with incidents of disease to grow the demand for hematologists and other internal medical practitioners. The United States could experience a shortfall of the equivalent of 1,400 full-time hematologists/oncologists by 2025. In the Northeastern United States, the profession should have a surplus of 930 full-time equivalent hematologists/oncologists by 2025. The shortage in the South could reach 1,360 full-time equivalent professionals in the field.

Deficits in the volume of pathologists spells “Good” prospects for employment in New Zealand.

The Canadian Medical Association reports that, in 2015, Canada had 1.2 hematologists for every 100,000 residents. That equates to a total of 413 of these specialists.

According to the National Health Service, England had 759 consultant hematologists in 2016. Similarly, the specialist physician occupation in Australia, which includes hematologists, had only 6,400 in 2016. Job Outlook Australia projects 5,000 potential job openings in the field by 2020.

India faces severe shortages of hematologists and other physicians that treat cancers. The New Indian Express reported in September 2017 that the Indian State of Kerala had four hematologists and 180 oncologists. The low numbers signal the lack of facilities for practice and training. According to The New Indian Express, the country does not have a Doctorate of Medicine program in hematology.

Conclusion

Hematologists are in high demand due to the need for professionals to research and treat cancer and blood disorders. In some regions, the lack of facilities and hematology programs contributes to the shortages. As specialists, hematologists tend to earn on the higher end of pay levels.

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