Psychiatrists: Salary, Job Description, How To Become One, and Quiz

Stan T.Career, OverviewLeave a Comment

Job description

Psychiatrists diagnose, treat, and help prevent disorders of the mind.

  • Prescribe, direct, or administer psychotherapeutic treatments or medications to treat mental, emotional, or behavioral disorders.
  • Gather and maintain patient information and records, including social or medical history obtained from patients, relatives, or other professionals.
  • Design individualized care plans, using a variety of treatments.
  • Collaborate with physicians, psychologists, social workers, psychiatric nurses, or other professionals to discuss treatment plans and progress.
Read more about what does a Psychiatrist really do at work and what is it like being and working as one.



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Salary

Average salary
$220380 per year

Average hourly wage
$106 per hour


Psychiatrists with little to no experience tend to make between $75590 and $149900 while the more experienced ones can earn over $208,000 per year.

Top 5 paying statesHourlyAnnual
HI$130$269,800
CT$124$258,200
ME$123$256,270
CA$123$255,790
NM$123$255,410

One of the easiest ways to increase your salary as a Psychiatrist is to move to a higher paying state like HI. Right now, the highest paying states for Psychiatrists are HI, CT, ME, CA and NM.

However, a higher pay at HI doesn’t guarantee that you will make more because the living expenses at HI might be twice as high than where you are currently at now.

Three other factors that can increase your salary as a Psychiatrist is the degree you hold, the industry you work in, and lastly the company you work for.


Requirements

Recommended degree level
Post-Doctoral Training

We asked other Psychiatrists what degree they had when they got the job and most of them said they had a Post-Doctoral Training followed by a PhD.

Other than that, we also asked them what did they major in and here are the most popular majors that came up.

Psychiatry Residency Program
Addiction Psychiatry Residency Program
Child and Adolescent Psychiatry Residency Program
Forensic Psychiatry Residency Program
Geriatric Psychiatry Residency Program
Read more about how to become a Psychiatrist and the degree, training and education you need.

Pros and Cons

Here are some of the pros and cons of being a Psychiatrist.

PROS
Suitable for people who likes to solve problems mentally
Suitable for people who values achievements and are results-oriented
This career is perfect for people who love to work indoors.
Demand for this career is growing very fast
CONS
Not suitable for people who likes to start and carry out projects
It is very hard to get into this career. Extensive skill, knowledge, and experience is required for this career.
Long working hours (More than 40 hours per week)

What is the job like

Job satisfaction
85%

Is this job meaningful
92%


85% of Psychiatrists said they were satisfied with their job and 92% said they feel like their job is making other people’s lives better.


Is this right for me

Best personality for this career
The Thinkers and The Helpers

You can read more about these career personality types here.

People who are suitable for this job tends to like working with ideas, and require an extensive amount of thinking. They like searching for facts and figuring out problems mentally..

They also like working with, communicating with, and teaching people. They like helping or providing service to others.




Learn more about Psychiatrists

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Related career information

Psychiatrists job description, Psychiatrists salary, Psychiatrists information, what is the job of a Psychiatrist like, pros and cons about Psychiatrists, colleges and universities for Psychiatrists, is Psychiatrists the right career for me, careers in Healthcare and Medical

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