Rammya Mathew: It's not about the money, money, money

Rammya Mathew
2021 The BMJ (British Medical Journal)  
The issue of doctors' pay is once again under the spotlight. The profession remains divided over how important pay is, debating whether the proposed 1% pay rise is just another kick in the teeth. To put this into context, doctors' pay has failed to keep pace with inflation for successive years, to the extent that we are now facing a 7% pay cut in real terms over the past 10 years. 1 And it's not just pay that has been eroded. The current NHS pension offering is about half of what it used to be
more » ... re-2012, and many of the perks that doctors used to enjoy-such as free hospital accommodation and free parking-are also long gone. The doctors of today are facing a very different financial reality from the generation that went ahead of us, especially once you take into account the amount of debt that many younger doctors have accrued, having also paid eye watering amounts for their tuition fees.
doi:10.1136/bmj.n1754 fatcat:f56uvdersffinmmc3hnhpclmsm