'Cheaper to take on a partner than a salaried GP'

GP leaders and accountants believe it may now be cheaper to take on a partner than a salaried GP.

Laurence Slavin: salaried GPs are not as hard done by as some people think
Laurence Slavin: salaried GPs are not as hard done by as some people think

A principal will cost a practice nearly £8,000 a year less than a salaried GP once extra non-clinical work is allowed for, according to accountants.

Specialist medical accountants Ramsay Brown and Partners say it would cost a practice £101,440 to pay a salaried GP to work the average number of clinical sessions a partner works, close to the average £106,072 income for a partner.

This is because although salaried GPs earn an average £55,790, data show they work 5.3 clinical sessions compared with 7.6 for partners, who carry out up to a session of additional work on administration. Practices also must also pay national insurance and superannuation on top of their salaries.

Laurence Slavin, a partner at the specialist medical accountancy firm, calculates that partners perform their 7.6 clinical sessions for £93,738, less than the cost of a salaried GP for the same hours.

‘This shows salaried GPs are not as hard done by as some people think,' he said.

Meanwhile, the pay gap between principals and salaried GPs in Wales is now less than £6,500, says GPC Wales.

A small pay rise for salaried GPs and an income drop for principals would mean it is more attractive to appoint a partner than a salaried GP, says GPC Wales chairman Dr David Bailey.

Once the cost of GPs' professional development is included, practices may realise that ‘the actual cost of employing a salaried doctor is higher'.

‘Practices must look at the bottom line, not the top line,' Dr Bailey said.

Video - Partners vs salaried GPs: What GPs think

 

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register

Already registered?

Sign in

Follow Us:

Just published

Half of patients with possible cancer symptoms avoided contacting GP in first wave

Half of patients with possible cancer symptoms avoided contacting GP in first wave

Almost half of people who experienced potential cancer symptoms in the first wave...

GP premises need major investment to let PCNs recruit, warns BMA

GP premises need major investment to let PCNs recruit, warns BMA

Primary care networks (PCNs) are struggling to make use of hundreds of millions of...

NHS unveils £4.2m fund to tackle vaccine inequality

NHS unveils £4.2m fund to tackle vaccine inequality

CCGs with low uptake of COVID-19 vaccine in ethnic minority, marginalised or deprived...

UK COVID-19 vaccination programme tracker

UK COVID-19 vaccination programme tracker

GPs across the UK are playing a leading role in the largest-ever NHS vaccination...

150,000 more people with learning disabilities prioritised for COVID-19 vaccine

150,000 more people with learning disabilities prioritised for COVID-19 vaccine

Around 150,000 more people will be prioritised for COVID-19 vaccination after the...

Dilemma: What should I do if a practice staff member refuses the COVID-19 vaccine?

Dilemma: What should I do if a practice staff member refuses the COVID-19 vaccine?

Dr Peter Mackenzie and Ceylan Simsek from Medical Protection offer some guidance...