Average incentive bonuses for physicians have increased by $19,000 since 2020, according to data from Medscape's yearly physician compensation reports.
While bonuses were just over $20,000 five years ago, today, they have climbed to over $40,000. Here is how physicians' incentive bonuses have changed since 2020:
2020:
$26,000
2021:
$27,000
2022:
N/A
2023:
N/A
2024:
$45,000