10 most overpaid jobs in US.

[attgig]

http://cbs.marketwatch.com/news/story.asp?guid=%7B954AA053-F953-43F3-BBC8-63D351A3BF2A%7D&siteid=google&dist=google



Ten most overpaid jobs in the U.S.
Commentary: If only such largesse flowed to all of us


.....

10) Wedding photographers
9) Pilots for major airlines
8) West Coast longshoremen
7) Airport skycaps
6) Real estate agents selling high-end homes
5) Motivational speakers and ex-politicians on the lecture circuit
4) Orthodontists
3) CEOs of poorly performing companies
2) Washed-up pro athletes in long-term contracts
1) Mutual-fund managers

[nickel]

interesting.....

but i don't think orthodontists are overpaid :shrug:

[brainsmile]

attgig is overpaid...he should ask for a pay cut.

[Merlin]

I get to call bullsh1t on that...I'm a fund manager and I don't get paid squat.

[ufcrusher]

I know from one of my courses that a lot of the long shore men make more money than beginning doctors. They drive $100k cars to work. Part of the reason they get paid so much is the inherent danger in what they are doing.

[bachviet]

I don't think real estate agents are overpaid. It takes work to sell the expensive houses.

[ski]

Orthodontists may seem overpaid ($2500-$4000 for braces now), but I don't think they factored in the return value you get on work done. Lifetime of good teeth, not just a pick me upper like some other vanity treatments. Show those teeth! :D

[Sir_Froggy]

Originally posted by ufcrusher
I know from one of my courses that a lot of the long shore men make more money than beginning doctors. They drive $100k cars to work. Part of the reason they get paid so much is the inherent danger in what they are doing.

hmm....what major does a longshore man fall under?

:hehehmm:

[attgig]

Next year, West Coast dockworkers will earn an average of $112,000 for handling cargo, according to the Pacific Maritime Association, their employer. Office clerks who log shipping records into computers will earn $136,000. And unionized foremen who oversee the rank-and-file will pull down an average $177,000.
...
Given their rare monopoly, they can disrupt U.S. commerce -- as they did during the FDR years -- and command exorbitant wages, even though their work is more automated and less hazardous than in the days of "On the Waterfront."

[coleslaw]

I once thought that being a wedding photographer would be the best job in the world because you would only need to work a few days a week and would make bank for doing so. However, I'd probably grow tired of the same old stuff and would want some kind of a challenge.

Also, it would be hard to get your foot in the door without prior experience (even if you had the best equipment). You'd need a friend that would let you photograph their wedding as a starting point.

[look_ma]

orthodontist do to get overpaid (all estimates dont nit pick my figures):

$3,000 a patient
8 visits a year (approx every 6 weeks)
15 minutes of actual handling time by someone a visit
4 years average time per patient
8 hours total plus 30 min. initial install, and 30 min unistall, and 60 min for emergancy walk-ins, longer stays, etc.
10 hours total handling time.
1000 patients at anyone time.

I think so.

[Cheesypuff]

Hey, I didn't see Apex's job up there!!!:D

[johnnymk]

Add to the list:

1) Surgeons

2} Physical Therapists

3) Famous Hollywood Actors and Actresses

4} CEO's of Well Run Companies

5) Many Pro Athletes (not Washed-up)

6) Famous Rock and Roll Singers

7) RIAA Sharks

[InfiniteNothing]

What can I do to help?

[nickel]

Originally posted by look_ma
orthodontist do to get overpaid (all estimates dont nit pick my figures):

$3,000 a patient
8 visits a year (approx every 6 weeks)
15 minutes of actual handling time by someone a visit
4 years average time per patient
8 hours total plus 30 min. initial install, and 30 min unistall, and 60 min for emergancy walk-ins, longer stays, etc.
10 hours total handling time.
1000 patients at anyone time.

I think so.
i won't nitpick your figures, but i'd like too...

orthodontists see patients once per month on average.

and you forgot to factor in that they have office expenses and staff to pay

[attgig]

Originally posted by nickelback

i won't nitpick your figures, but i'd like too...

orthodontists see patients once per month on average.

and you forgot to factor in that they have office expenses and staff to pay

still:

For a 35-hour workweek, orthodontists earn a median $350,000 a year, according to the Journal of Clinical Orthodontics. General dentists, meanwhile, earn about half as much working 39 hours a week on average, in a much dirtier job.

35 hours a week. 350,000 a year....

if you do 52 weeks....it's about 192 bucks an hour.

[Dave_7]

Originally posted by attgig
still:

35 hours a week. 350,000 a year....

if you do 52 weeks....it's about 192 bucks an hour.

What did their educations cost, though? And with no absolute assurance of success?

I can't believe someone said "Surgeons"! These people are HIGHLY skilled (understatement of the year, perhaps) and have to deal with the fact that if they are imperfect in their work... their patients could DIE!

Cripes! Give them a BONUS!




Dave.

[bachviet]

Originally posted by Dave_7


What did their educations cost, though? And with no absolute assurance of success?

I can't believe someone said "Surgeons"! These people are HIGHLY skilled (understatement of the year, perhaps) and have to deal with the fact that if they are imperfect in their work... their patients could DIE!

Cripes! Give them a BONUS!




Dave.
:stupid:

Surgeons have to go through lots of education and intern (6 years after med school).

[Sir_Froggy]

like in Scrubs?

[johnnymk]

Originally posted by Dave_7


What did their educations cost, though? And with no absolute assurance of success?

I can't believe someone said "Surgeons"! These people are HIGHLY skilled (understatement of the year, perhaps) and have to deal with the fact that if they are imperfect in their work... their patients could DIE!

Cripes! Give them a BONUS! Dave.

Yeh, sure, if you had to pay it out of your own pocket, you'd be singing a different tune.

My sister just had two vertebrae trimmed, not replaced. The surgeon charged the insurance company over $60,000. Of course, that was for all of the other associated fees, too. I believe the insurance company paid $16,000.

I had my nose roto-rooted over 10 years ago. The insurance company paid nearly $7000. I believe the procedure took less than an hour.

What amazes me is that plastic surgeons do a lot of precise work just as skillful as what is required by other surgeons, and because the insurance isn't footing the costs, the bills are not as dramatic as what exists in the health care business today.

[Dave_7]

Originally posted by johnnymk
...I had my nose roto-rooted over 10 years ago. The insurance company paid nearly $7000. I believe the procedure took less than an hour...
Out of curiosity... how many people were involved and how many years of combined medical experience and education were in the room when you had that done?

Not to mention equipment and malpractice insurance costs.

Having a problem with it costing $7000 (to your insurance company) while only taking less than an hour... is like saying that Adobe shouldn't charge more than 5 bucks for Photoshop since it only costs them 11-cents and a 1/4 of a second to stamp out the CD that they send you.




Dave.

[johnnymk]

Originally posted by Dave_7

Out of curiosity... how many people were involved and how many years of combined medical experience and education were in the room when you had that done?

Not to mention equipment and malpractice insurance costs.

Having a problem with it costing $7000 (to your insurance company) while only taking less than an hour... is like saying that Adobe shouldn't charge more than 5 bucks for Photoshop since it only costs them 11-cents and a 1/4 of a second to stamp out the CD that they send you.




Dave.

I believe there was a nurse and the surgeon.

And your argument regarding past experience and college costs is irrelevant. That is true regarding anyone who is good in any profession, whether it be an auto body man, a mechanic, a plumber, etc.

I realize there are fixed costs which have to be incrementally added to the cost of certain products. But when the costs are way out of line, the company goes out of business. In the Medical field, they just keep getting subsidized.

And the malpractice costs may be high. But based on what I am seeing what the surgeons are charging, they could cover these costs in several weeks of billings to the insurance companies. But that's another topic.

[Dave_7]

Originally posted by johnnymk
...And your argument regarding past experience and college costs is irrelevant. That is true regarding anyone who is good in any profession, whether it be an auto body man, a mechanic, a plumber, etc...

Of course it's relevant. Experience is exponentially more important when comparing a plumber and a surgeon. I would not pay a life-or-death premium to a highly experienced/educated plumber. But I damn-sure would a surgeon.

You and I may see more eye-to-eye on this topic than this thread would lead someone to believe... prices may be unusually high, however I would blame frivolous law suits and insurance companies... before I would ever say that surgeons make too much money.



Dave.

[DaFunkyUnit]

Originally posted by bachviet
I don't think real estate agents are overpaid. It takes work to sell the expensive houses.

no it doesnt.

it takes hard work to sell average homes, b/c you're dealing w/ average buyers, buyers who are very nervous about forking over their hard-earned cash. Meanwhile, expensive houses/manors/castles, ppl who buy those usu. don't care about how much they're spending (since they're already buying a ridiculous house anyways).

you're either filty rich or you're not.

[bachviet]

Originally posted by DaFunkyUnit


no it doesnt.

it takes hard work to sell average homes, b/c you're dealing w/ average buyers, buyers who are very nervous about forking over their hard-earned cash. Meanwhile, expensive houses/manors/castles, ppl who buy those usu. don't care about how much they're spending (since they're already buying a ridiculous house anyways).

you're either filty rich or you're not.
That's true but the market is much smaller.

[attgig]

Originally posted by chosenfool
so i guess a McJob doesnt qualify for an overpaid job, huh? :P

http://gotapex.com/forums/showthread.php?s=&threadid=68298

we need the two threads side by side....:

10 most overpaid jobs in US
got a mcjob?


:P



as for surgeons, they lead a really stressful life. yeah they get a butt load of money because every time their in the room, they're going to either save the guy or if they do anything wrong, they're going to lose the guy.
the butt load of money they earn isn't being calculated by hour, but by stress level.

same with a trader. many of them only really work (actual trading) from like 8:45-4:15, but the stress level is up there.

[coleslaw]

Surgeons also have to deal with the threat of litigations from every single move that they make.

[bachviet]

Originally posted by coleslaw
Surgeons also have to deal with the threat of litigations from every single move that they make.
And they are on call 24 hours a day including holidays. Holidays usually are the busiest days for them also because of accidents.

[CamaroBabe]

What about celebrities?
Doh.

[ufcrusher]

I completely disagree with those who say that surgeons are overpaid.

First, Surgeons pay extremely high insurance premiums..if you even want them to look at you, they have to pay this amount.

Second, the amount you are paying is usually divided into surgeons fees, room fees, supplies, support staff, equipment fees, etc. You might get a bill for $60k but look at the break down and you will be quite suprised about what each thing is costing.

Finally, add onto these facts the amount of money and time it took to get through med school, plus the extra time in the surgical specialty, add onto that your intern and residency period...WHERE YOU GET PAID SQUAT...and finally you are now 30+ years old, havent made a dime in the past 10 years and owe over $200k in school loans that are getting intrest compounded on it.

[ufcrusher]

Originally posted by Yossarian
lawyers are overpaid people who argue with one another about st00pid sh*t.

/me runs from ufc and steps on whitak

Some lawyers might seem like they are overpaid. However, in general we are only overpaid until we are working to get your arse out of a bad situation and then we are worth EVERY penny. :hihi:

[craziepanda]

surgeons are definitely paid a lot, but i wouldn't say they're overpaid. i can't tell you exactly what percentage of the money you're paying goes directly to the surgeon, but as someone mentioned before, a lot of the money goes to the hospital, not only to the person performing the actual operation.

my boss is a surgeon. when i see him (which is already very rare because of all of the things he needs to do) he probably gets a page on average every 20 minutes...no exaggeration. in addition, because of work, it probably wouldn't be atypical for him to sleep only 30 - 40 hrs a week. he tells me about how he gets home around 12am midnight and gets back to work around 6 - 6:30am the next morning, perhaps even earlier. he barely ever gets to spend time with his kids because of scheduled operations, being on call/service, even on the weekends. when he's not operating, he's dealing with the politics of the hospital administrators who don't have the relationship with patients or necessarily the hands on experience he has. he is VERY HIGHLY skilled in what he does: only a handful of people in the united states can do some of the operations that he can do...and he's only 38 years old. he specializes in pediatric surgery, so the babies he saves could potentially go on to live for another 60 - 70 years.

seeing the type of life he must live but also with the huge impact he has on his society...no i really don't think he's overpaid at all.

[YanksFanRy]

I dunno, airplane pilots put a lot of peoples lives in their hand at anyone time.

Also, I have to agree. Movie stars, musicians, and athletes are ridiculous overpaid.