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Q. Can I know about orthopedic surgeon salary and working hours?A.Salary: Orthopedic Surgeon in United StatesMedscape 2017 Orthopedic CompensationOrthopedic Surgeon SalaryOrthopedic surgeons working in the United States typically earn salaries in the range from $144,771 to $546,130 a year including bonuses and profit sharing according to the salary information provided by Payscale.The annual bonuses for this profession can amount to up to $85,000, and earnings from profit sharing are generally in the range between $3,945 and $126,709 a year.What hours does an orthopedic surgeon work? QuoraThe Average Salary for Orthopedic Surgeons in Private Practice 2013Related Articles1 Salary Range for Orthopedic Surgeons2 What Is the Most Paid Doctor?3 Starting Wages for an Orthopedic DoctorAlthough some people nickname them "bone doctors," orthopedic surgeons also treat conditions of the joints, muscles, ligaments, tendons, nerves and skin -- the entire musculoskeletal system. And while their title includes the word "surgeon," they treat patients with medicine, exercise and physical therapy as well as surgery. Becoming an orthopedic surgeon requires years of education, and they're among the highest-paid physicians. Some orthopedic surgeons in private practice command a top salary.Private Practice SalaryOrthopedic surgeons who are partners in a private practice were the highest earners among orthopedic surgeons in 2012, with an annual income of $480,000, according to the 2013 Medscape Orthopedist Compensation Report. Those who owned solo practices earned an average salary of $405,000. Meanwhile, those earning the second-highest annual average salary, $469,000, were members of single-specialty group practices, which could be either privately owned or part of an entity such as a hospital system. Those in multispecialty groups earned $422,000. Orthopedic surgeons employed by health-care organizations also earned $422,000. At the bottom of the pay scale in 2012, orthopedic surgeons working in hospitals earned $396,000, and those working in academia made $304,000.Specialties and Group PracticesSome orthopedic surgeons subspecialize in a certain field or part of the body, such as sports medicine or the spine, and the type of group practice they work in influences their salary. The Medical Group Management Association, in its Physician Compensation and Benchmarking Survey 2011, reported salaries of orthopedic surgeons in certain single specialty and multispecialty practices. Most medical pracitices are still privately owned, although ownership is shifting toward ownership hospital systems and other entities. The highest-paid specialists, according to the survey, were orthopedic surgeons who specialized in the spine and worked in multispecialty practices. They earned $729,917 annually. In comparison, a general orthopedic surgeon working in a multispecialty practice earned an average salary of $505,366. Pediatric orthopedic surgeons in a single-speciality practice received compensation of $625,000, and orthopedic surgeons specializing in sports medicine in a single-specialty group earned $599,788. Orthopedic surgeons subspecializing in trauma who worked in single-specialty group practices earned an average of $636,636.Private Practice ConsiderationsWhether an orthopedic surgeon decides to work in private practice or in another setting depends on several factors. Orthopedic surgeons working for hospitals can enjoy steady schedules and income as well as freedom from the care of administrative burdens related to running a private practice, such as accounting and human resources. But a private practice allows owners to make decisions regarding their businesses, and quickly. They may also earn a higher salary than those employed by a hospital, depending on how many hours they care to work and how many patients they see. Established orthopedic surgeons in private practices can also increase their income by offering services related to their practices, such as a physical therapy or imaging center, unlike the hospital employed. But "Becker's Hospital Review" reported that more physicians might leave private practice for other employment settings in the future, due to changes in health care. All orthopedic surgeons can increase their income by providing testimony in legal proceedings for patients who are accident victims.Career PreparationBecoming an orthopedic surgeon takes high grades and determination. Following college graduation with a premedical degree, aspiring orthopedic surgeons complete medical school and then typically five years of an orthopedic residency program. Residency includes one year of training in an area such as general surgery, internal medicine or pediatrics and four years of training in orthopedic surgery. Orthopedic surgeons who subspecialize in a field such as orthopedic oncology or sports medicine have an additional six months to a year of training. All states require orthopedic surgeons to have licenses for employment. To gain recognition as highly qualified in the field, orthopedic surgeons can seek certification from the American Board of Orthopaedic Surgery, after practicing surgery for two years and then passing examinations.Job OutlookThe U.S. Bureau of Labor Statistics expects employment of physicians and surgeons overall to grow by 24 percent through 2020. Orthopedic surgeons might find especially favorable employment prospects; the BLS attributes some of the expected growth in the medical field to an aging population that will need more treatment of conditions related to the musculoskeletal system, such as forms of arthritis and ruptured discs. Orthopedic surgeons work an average of 57 hours per week, according to the Association of American Medical Colleges.23 statistics for orthopedic surgeons — compensation, net worth & moreWritten by Mary Rechtoris | Sunday, 02 August 2015UPDATE: We have updated this article in 2016 to include new statistics. Click here to read "21 statistics and facts for orthopedic surgeons - compensation, net worth & more" in 2016.1. Orthopedists earn an average salary of $421,000 annually. Orthopedic surgeons are considered the top earners for 2015, with cardiologists coming in second making an average salary of $376,000, according to Medscape’s 2015 compensation report.2. Compensation for orthopedic subspecialists varied. Here are the medians from lowest to highest.• Foot and Ankle $505,606• Hand $513,864• Pediatrics $516,544• Trauma $540,197• Sports Medicine $549,048• Joint Replacement $563,896• Oncology $569,353• Spine $749,4453. Orthopedic subspecialists also had different signing bonuses. The general orthopedic surgeons received an average signing bonus of $35,000. The other benchmarks include:• Foot and Ankle $50,000• Hand $40,000• Pediatrics $30,000• Trauma $50,000• Sports Medicine $60,000• Hip and Joint $50,000• Spine $40,0004. Orthopedic surgeons' compensation increased 2 percent from last year. Infectious disease physicians experienced the greatest increases in compensation with a staggering 22 percent. The orthopedic surgeon compensation breakdown by setting is:• Hospitals and health systems: $473,000• Single specialty groups: $466,00015. Medscape released in its "Physician Debt and Net Worth Report 2015" statistics about orthopedic surgeon net worth.Here are five statistics (all percentages are approximations):• Under $500,000: 21 percent• $500,000 to $999,999: 16 percent• $1 million to $1.9 million: 26 percent• $2 million to $5 million: 27 percent• Over $5 million: 10 percent6. Orthopedists make $29,000 each year for non-patient care activities.7. Various factors including the end of ACO shared-saving programs, meaningful use penalties, payment-reporting websites and changes in CPT could have impacted compensation for both employed and self-employed orthopedists. Approximately 21 percent of orthopedists participate in accountable care organizations, a 3 percent increase from last year. Eight percent of orthopedists not currently in ACOs are expected to be part of an ACO this year.8. In the last three years, 20 percent of employed and 41 percent of self-employed orthopedists stated they have offered new ancillary services.9. The AAOS membership is comprised of 92.1 percent male orthopedists and 5 percent female orthopedists. (A reported 2.9 percent did not disclose their gender)Compensation for orthopedic surgeons varied based on gender and if the surgeon was self-employed. A male orthopedic surgeon who is self employed made an average of $451,000 compared to a female self-employed orthopedist that made $319,000.A male orthopedist that was not self-employed made an average of $411,000 with his female counterpart making an average of $329,000 each year. The large discrepancies may partially be attributed to women working shorter hours and fewer weeks than men.Female orthopedists are generally more satisfied with their incomes than male orthopedists. A reported 45 percent of female orthopedists are satisfied with their income as opposed to 42 percent of male orthopedists.10. Compensation varies based on geographic location because of the cost of living in certain areas as well as the need to recruit physicians to underserved places with lower costs of living. The highest earnings this year for orthopedists were reported in the Northwest, with an average compensation of $460,000 and in the Great Lakes regions with an average compensation of $457,000. The lowest compensation rates were in the West with a reported average compensation of $333,000 and the Northeast with an average compensation of $381,000.These compensation rates vary slightly from the rates in the 2014 Medscape Orthopedist Compensation Report. The highest orthopedist earners were in Northwest region making an average compensation of $468,000 with the lowest earners practicing in the West making an average of $343,000.11. The average starting salary for a general orthopedic surgeon is $419,439. An orthopedic hand surgeon makes an average starting salary of $320,000. A sports medicine orthopedic surgeon makes an average starting salary of $412,500. 312. Cash-only practices and concierge practices are not popular payment models for orthopedists with a mere 4 percent of orthopedists engaging in cash-only practices and a reported 3 percent in concierge practices.13. Orthopedic surgeons perform an average of 29 procedures each month. Full-time orthopedists perform 32 procedures each month and part-time orthopedists perform an average of six procedures each month.14. The number of hours orthopedists spend with patients is decreasing. A reported 46 percent of orthopedists spend 30 to 45 hours each week seeing patients with less than 44 percent of orthopedists exceeding those hours. Between 1997 and 2007, there was a decrease of nearly four hours a week among all physicians seeing patients.15. Only 22 percent of orthopedic surgeons reported they are planning to participate in health insurance exchanges. Thirty percent of orthopedists claiming they were not participating in health insurance exchanges, up from 24 percent who were not participating in health insurance exchanges in the 2014.16. Wyoming, Montana, Net Hampshire, Vermont and South Dakota have the highest density of orthopedic surgeons. Mississippi, Texas, Arkansas, West Virginia and Michigan have the lowest orthopedic surgeon density.17. Despite the AMA warning physicians that regulations could cut Medicare payments by more than 13 percent by the end of decade, a reported 73 percent of employed and 58 percent of orthopedists in private practice stated they will continue accepting Medicare or Medicaid patients.18. The majority of orthopedists reported gratitude/relationships with patients as the most rewarding aspect of the job. A reported 42 percent of male orthopedists and 45 percent of female orthopedists reported this reason as the most rewarding aspect. Only 4 percent of male orthopedists and 5 percent of orthopedists found nothing rewarding about being an orthopedic surgeon.19. A reported 50 percent of orthopedists claimed they would choose a career in medicine again if they were able to start over. A reported 67 percent stated they would choose the same specialty and 22 percent stated they would choose the same practice setting, according to Medscape Orthopedist Compensation Report 2015.20. Physicians suffer more burnout than almost any other profession in the United States. A reported 45 percent of orthopedists are "burned out." Many factors including too many bureaucratic tasks, impact of the ACA, spending too many hours at work and income not being high enough may contribute to physician burn out.21. The majority of orthopedists are fiscally conservative. Approximately 81 percent of orthopedists who are not "burned out" claimed they are fiscally conservative with only 13 percent of orthopedists who are not "burned out" being fiscally liberal. The numbers are comparable for those orthopedists who claimed they were "burned out." Of those orthopedists, 84 percent claimed they were fiscally conservative with a mere 10 percent of orthopedists claiming they are fiscally liberal.22. Fifty-one percent of orthopedists who are not "burned out" reported being socially liberal as opposed to 43 percent stating they were socially conservative.Of the orthopedists who identified as "burned out," 43 percent identified as socially conservative with 51 percent claiming to be socially liberal.23. Fifty-three percent of orthopedists reported being overall satisfied with their careers. Orthopedists lie in the middle of overall satisfaction compared to other specialties. The most satisfied physicians are dermatologists, with 63 percent of dermatologists being satisfied with their careers. The least satisfied physicians are the internists with only 47 percent claiming to be satisfied.

If you're at the age of 25, you will be known as the Millennial Generation or Generation Y (Millennials are the demographic cohort following Generation X). There are no precise dates when the generation starts and ends; most researchers and commentators use birth years ranging from the early 1980s to the early 2000s.Millennials - Wikipedia, the free encyclopediaBefore I say my take, let read what some Millennial 2014-2016 Surveys' findings had revealed and Rafa Nadal, Spanish professional tennis player, one of the finest clay-court players in history, has to say about his Millennial generation.Telefónica Global Millennial 2014 Survey_Today's young adults: the leaders of tomorrow_ 2014 Survey Findings Watch Rafa Nadal video: "Think Big about what you want to achieve"Millennials are optimistic, career-minded and poised to take control of their futuresMillennials, young adults aged 18-30, are optimistic about the future, particularly in Latin America; care about career stability; and think strategically about identifying the best opportunities, according to the results of the Telefónica Global Millennial Survey, now in its second year. The results showcase the pervasive nature of technology in the lives of Millennials, their entrepreneurial spirit and their concern about poverty, corruption, the economy and education.INSEAD’s Emerging Markets Institute, Universum, and the HEAD Foundation conducted the first of what will become an annual survey of Millennials — and the largest study of its kind. What Millennials Want from Work, Charted Across the WorldIn their Global Millennial Survey 2014, Henrik Bresman, Associate Professor of organizational professor at Insead and Academic Director of the HEAD Foundation, a Singapore-based education think tank want to know the answers to the basic questions, namely,Are the received notions about Millennials true?How do Millennial attitudes vary across regions and nations? Specifically Asia-Pacific?I listed the major findings, identified by Professor Henrik and his team, below.Yes, Millennials are interested in leadership and rapid career progressionYes, Millennials define challenging work in other terms than working hardYes, Millennials care more about personal development and work-life balance than money and statusNo, most Millennials do not fear that they will never be able to retireNo, most Millennials do not think governments have great influence in today's societyNo, Millennials do not typically rely on their friends and family for input on career issuesUsing Singapore Millennials, as an exampleEverybody wants to become a leader and Singaporeans are no exception. Money mattersSpecialist rather than generalist; expert rather than manager. A different leadership construct?Singaporean Millennials feel strongly about empowerment, no micro-managers for bossesMillennials score high on both autonomy and the importance of social tiesUnderstanding the Millennials | Universum GlobalIn the Deloitte's Millennial Survey 2016, the following executive summary highlighted the following observations:-Millennials, in general, express little loyalty to their current employers and many are planning near-term exitsMost young professionals choose organizations that share their personal values and ambitions, drivers of job satisfaction, and their increasing representation in senior management teams.Millennial Survey 2016 | Deloitte | Social impact, InnovationKnowing the above, you need to ask yourself, the following questions:Where you want to work, live and have your family? Your choice of future work and the career prospect will need to be aligned with your personal values and ambitions, drivers of job satisfaction and opportunity for career advancement.Are you ready for "The Learning Economy"? The nature of work changes with increasing speed as economies mature. Peter Drucker, renowned management guru, once dubbed it as a "knowledge economy", one driven by service-and information-based businesses are no longer seems quite on the mark. We now live in what is not so much a "knowledge" economy, but rather "figure it out on a daily basis" economy (or, more formally, a learning economy), as commented by Jeff Cobb, the author of the book "Leading the Learning Revolution".Are you prepared to have career changes in your whole working life? It is a myth to believe that you could work for one company for life. Even, Japanese companies, who were at one time, firmed believers, have also change their tack in this Gobalised economy and changing employment landscape. A Lifetime of Career ChangesThere is no easy answer to the question "In current slow growth economy and fast changing employment landscape, if I am 25, what will I do it differently?Each has to follow not only one's rational mind tell him/her, but also to pay attention to his/her heart."Change is Possible, I'm Possible"

Outsourcing has been around for decades, although it was not formally identified as a business strategy until 1989. During its initial stages, outsourcing was used primarily as a measure to save costs by outsourcing necessary functions which are not related to the core business. At present, outsourcing is a growing strategy that revolutionizes the way businesses operate today. From the changing business environments and industry developments sprung a relatively new strategy--IT Outsourcing. IT Outsourcing has been grabbing more and more companies’ attention because of the competitive advantage and other benefits it can bring to the company, all while adapting to the changing business environment.IT Outsourcing is a sector expected to grow steadily this year. As the changes and innovations in the industry continue to shape and influence the way IT outsourcing is done, here are some trends to expect and watch out for in 2018:Cloud ComputingCloud continues to bring significant changes over the past few years, emerging as an “ace trend” in 2017. CES, an annual consumer technologies showcase in Las Vegas, branded cloud as one of the “Do Watch” trends for 2018. The benefits of cloud computing, such as reduction in hardware costs, increased productivity, and enhanced data security are convincing more and more enterprises to adapt cloud technologies to achieve their business goals and keep up with the competition. RightScale’s annual State of the Cloud Survey conducted January 2017 showed that 95% of small and medium businesses have already adopted cloud technologies.According to estimates by Cisco, cloud traffic is likely to rise 3.7-fold in 2020. From 20% in 2015, it is predicted that database, analytics, and Internet of Things workloads will account for 22% of total business workloads by 2020. The same RightScale survey suggests that there will be a shift to the public cloud, likely as a part of hybrid cloud strategies. According to the survey, the percentage of enterprises that have a strategy to use multiple clouds grew to 85% from 82% in 2016.The Rise and Domination of AutomationWith the continuous emergence of new technologies and innovations, digital labor is now making its way to many types of business processes, replacing manual labor. Through automation, work is made faster, more efficient, and more accurate at reduced costs.However, as more and more enterprises are adopting automation, the low skill sectors of the BPO are at high risk. In a 2016 research, India’s BPO industry workforce is predicted to shrink by 14% in 2021. On the positive side, automation paves the way for more higher-skilled employees. In the same research, it is expected that around 700 thousand medium and high skill jobs will be created in the Philippines by 2022.Automation brings in different outcomes to different situations. Nevertheless, more outsourcing companies will automate processes to increase productivity and client satisfaction while keeping labor cost advantages. Process automation is set to dominate 2018.Continued Growth in Top Outsourcing CountriesTop outsourcing destinations like India, Malaysia and the Philippines are expected to continue their growth this 2018.With the robotic process automation (RPA) taking over simple jobs, the Indian BPO sector has prepared to re-skill their workforce. According to the National Association of Software and Services Companies (NASSCOM), up to 40% of India’s IT-BPO workforce needs to upgrade their skills over the next five years to ensure that only low level jobs will be replaced by automation. Despite the challenges posed by automation and new technologies to the manual labor, the Indian IT industry has been adding new jobs. In 2018, the IT-BPO industry in India is expected to grow 7-8% in export revenues with an additional 130,000 new jobs.Malaysia is a competitive country in the IT-BPO industry because of its strong business environment compared to countries like India and China. With a growing investor interest in Malaysia’s shared services market and an increase in demand for customer care sector and analytics solution, the country’s IT-BPO industry is predicted to grow at a compound annual rate of 7.9% by 2021. According to the International Data Corp (IDC), outsourcing enterprises in Malaysia will improve their overall customer experience, integrate better applications and upgrade their flexibility and innovation in their business processes.In 2016, the BPO industry in the Philippines grew by 17% and created 1.3 million jobs. The country has expanded its BPO operations outside the capital city Manila and to provincial regions such as Cebu and Davao, resulting in a significant growth in the industry.Despite President Trump’s Executive Order “Buy American, Hire American” that can possibly affect American investments in the country, it is predicted that BPO services in the Philippines may become the primary source of revenue for the country in 2018. The BPO industry is also predicted to bring in over 7 million new jobs and $40 billion in revenue.Another interesting sector to look out for in 2018 is the emergence of Knowledge Process Outsourcing (KPO) in the Philippines, which can cater to new demands and offer more specialized roles such as equity research, market research, web design and development, etc.New Outsourcing Destinations to Watch for in 2018Due to the oversaturation in the top outsourcing countries, businesses are now searching for alternative cost-effective locations. A.T. Kearney’s Global Services Location Index (GSLI) is an annual research report measuring the attractiveness and viability of countries as an offshore destination, helping businesses and companies with their outsourcing decisions. The yearly GSLI is based on three factors: financial attractiveness, people skills and availability, and business environment.Some countries saw significant movement up the GSLI rankings, such as Vietnam, Colombia, and Czech Republic.Vietnam moved up 5 places and is now the 6th most desirable outsourcing location, reflecting its growing popularity for BPO centers. For the past decade, the BPO industry in Vietnam has grown at a rate between 20-25% annually. The key factors for this growth is the low cost of labor in the country, and the predominantly young population’s fluency in English. The continued growth of the Vietnamese BPO industry in the future is largely dependent on the Japanese economy, since Japan is the country’s primary client.Colombia is the 10th most desirable place to outsource, moving up 10 positions from its ranking last year. According to the GSLI report, Colombia’s popularity in the BPO industry is likely to increase because of the currency’s falling value. 2016 saw one of the largest nearshoring developments for Colombia when Luxembourg BPO giant Atento created 2,000 jobs in Bogotá.Czech Republic moves up from the 26th spot to the 16th place as the most desirable outsourcing location. This is due to the country’s improvements in its people skills and availability and financial attractiveness scores. Czech Republic has more than 180 service centers and 65,000 people employed in the business services sector. The BPO industry takes 1.5% of Czech GDP, bringing in $3 billion in revenue every year.Read the full report here.Startups becoming BPO customersStartup activity has seen a huge surge in growth over the years despite political, economic, social, technological and legal factors presenting challenges to the industry. To be able to deliver and succeed despite the limited resources and a small budget to hire talent, startups often outsource for cost-effective labor. This interdependence between startups and BPOs will continue to become more pronounced this year as startups rely on BPO for providing talent completing tedious and technical tasks at lower costs. In turn, BPOs will improve their quality of work and produce greater revenues.This 2018 we face yet another year of interesting trends to watch out for in the IT Outsourcing industry. The industry is becoming increasingly competitive with more and more companies choosing to increase outsourcing their work this year. As a business owner, will you keep up with the trend? Or will you let it pass by you?Want to keep up with the latest IT outsourcing trends? Build your outsourced tech team with Cloud Employee! Learn how Cloud Employee works, see our Developer Pricing Guide, or talk to us. You can hire dedicated offshore developers with us across many technologies.