If you hear a doctor say he or she is thinking about giving up the practice because of changes in federal health care policy, you may want to take it with a grain of salt. Eight of the ten highest-paying jobs in the Wichita area are in the medical field. The average salary of a local pediatrician is $240,870 … according to the 2010 Kansas Wage Survey from the Kansas Department of Labor.
General and family practitioners make $191,170 a year. The two non-medical wage-earners in the top ten are chief executives at $130,630, and judges and magistrates at $122,690.
The average Kansas wage rose from $18.10 an hour in May 2008 to $18.52 an hour in May 2009. That’s higher than Nebraska and Oklahoma and lower than Missouri and Colorado. It’s $2.38 an hour below the national average.
Lowest of the bottom ten were product demonstrators at $15,820. Cooks, waitresses, dishwashers, and film projectionists made that list.
Last year I made somewhere between the top and the bottom average wage earners.
Our thought for today is from Henry Ford:
“There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.”