As of March 01, 2025, the average annual salary for a Physician - Hematology/Oncology in the United States is $346,565. According to Salary.com, salaries can range from a low of $217,342 to a high of $528,099, with most professionals earning between $278,925 and $441,587.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $441,587 | $36,799 | $8,492 | $212 |
| Average | $346,565 | $28,880 | $6,665 | $167 |
| 25th Percentile | $278,925 | $23,244 | $5,364 | $134 |
An entry-level Physician - Hematology/Oncology with less than 1 year of experience earns about $315,834. With 1-2 years of experience, the average salary increases to $320,827. For 2-4 years of experience, the pay typically rises to $325,819. Senior-level professionals with 5-8 years of experience earn around $332,809, and those with over 8 years of experience can expect an average of $349,808.
| Levels | Salary |
|---|---|
| Entry Level Physician - Hematology/Oncology | $315,834 |
| Intermediate Level Physician - Hematology/Oncology | $320,827 |
| Senior Level Physician - Hematology/Oncology | $325,819 |
| Specialist Level Physician - Hematology/Oncology | $332,809 |
| Expert Level Physician - Hematology/Oncology | $349,808 |
| Entry Level | 9% |
| Mid Level | 7% |
| Senior Level | 6% |
| Top Level | 4% |
| Experienced | 1% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Physician - Hematology/Oncology compensation over the past six years. For example, the median salary increased from $231,993 in 2023 to approximately $237,504 in 2024. (For a detailed analysis of Physician - Hematology/Oncology salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Physician - Hematology/Oncology information for you to search for. Click on search button below to see Physician - Hematology/Oncology job openings or enter a new job title here.
Here are companies hiring for Physician - Hematology/Oncology and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $346,565 | 74.1% | ||
| Bonus | $16,506 | 3.5% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $15,718 | 3.4% | ||
| 401K/403B | $10,000 | 2.1% | ||
| Disability | $7,261 | 1.6% | ||
| Healthcare | $6,374 | 1.4% | ||
| Pension | $13,750 | 2.9% | ||
| Time Off | $51,668 | 11.0% | ||
| Total Compensation | $467,842 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 0.9% |
| Associates | 0.9% |
| Bachelors | 4.7% |
| Masters | 6.5% |
| Doctorate | 86.9% |
What Am I Worth?
The average annual salary of Physician - Hematology/Oncology is $346,565. In case you are finding an easy salary calculator, the average hourly pay of Physician - Hematology/Oncology is $167; the average weekly pay of Physician - Hematology/Oncology is $6,665; the average monthly pay of Physician - Hematology/Oncology is $28,880.
A Physician - Hematology/Oncology's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Physician - Hematology/Oncology earns the most in San Jose, CA, where the annual salary of a Physician - Hematology/Oncology is $434,939.
The highest pay for Physician - Hematology/Oncology is $528,099.
The lowest pay for Physician - Hematology/Oncology is $217,342.
Physician - Hematology/Oncology examines and diagnoses disorders and diseases of the blood, bone marrow, vascular and immune system. Consults with patients to determine the appropriate course of treatment. Being a Physician - Hematology/Oncology recommends and orders tests to determine extent of illness or help diagnose condition. Requires a MD degree from an accredited school. Additionally, Physician - Hematology/Oncology requires a valid state license to practice. May report to a medical director. Physician - Hematology/Oncology's years of experience requirement may be unspecified. Certification and/or licensing in the position's specialty is the main requirement.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Patient Care: Patient care refers to the prevention, treatment, and management of illness and the preservation of physical and mental well-being through services offered by health professionals.
Emergency Medicine: Emergency medicine is the medical speciality concerned with the care of illnesses or injuries requiring immediate medical attention.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
