An alternative view
I've been seeing a lot of negative posts about the future of psychiatry and the salary potential. I understand there is some truth to some of them, but I just want to show especially current future Residents that the sky is not falling.
I'm still a fairly new attending and have worked quite a variety of jobs since graduating-all independent contracts negotiated by me or Locums. I've done telehealth, private practice outpatient, inpatient, and psych ED work. The biggest thing I've learned is you can't have it all (a.k.a. live in New York City work 35 hours and make 500 K). But with a little bit of creativity you can definitely beat most jobs out there.
If you're willing to travel for even part of the month, the ceiling for what you can make goes up exponentially. I'm not trying to brag, but I've just seen a lot of negativity lately about psychiatry. I think it's a wonderful field and there is still a place for MD's even with all the mid-level fears. Learn as much as you can in training (good for your patients and improves flexibility in the jobs you can take after).
My health is the best it's been since college (lowest weight I've been). I sleep 8 hours most nights. If I ever work nights I get paid a significant premium to do it (think >3.5k per shift). Feel free to DM or post any questions. I always was looking to end of training for the light and I'm hoping to give one data point that it's still pretty bright.
Also because someone will ask, my hours worked and earning for the last 3 months from my quick books. Hourly varies depending on gig. The lower hour months were also vacation months.
Jan-90 hours, 23k
Feb- 180 hours, 45k
March- 75 hours, 21k
April- 160 hours, 44k