2015 EDITION. AVMA Report on Veterinary Compensation

Transcription

1 2015 EDITION AVMA Report on Veterinry Compenstion

2 AVMA Report on Veterinry Compenstion 2015 EDITION Copyright 2015 by the All rights reserved. ISBN-13:

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4 AVMA Report on Veterinry Compenstion (2015 Edition) Reproduction or trnsmission in ny form, electronic or mechnicl, including photocopying, microfilming, nd recording, or by ny informtion storge or retrievl system, in whole or in prt, is prohibited without prior written permission from the. Copyright 2015 by the All rights reserved. ISBN-13: Additionl copies of this report my be purchsed from: 1931 N. Mechm Rod, Suite 100 Phone: Fx: AVMA website: AVMA Report on Veterinry Compenstion Pge i

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6 PREFACE Veterinrins fce chllenging business environment nd need to mke criticl prctice nd creer decisions. It is importnt tht these decisions be bsed on timely nd credible informtion on the compenstion of prcticing veterinrins. The AVMA Report on Veterinry Compenstion is intended to provide informtion to veterinrins nd other veterinry medicl professionls s n id in their decision-mking process. The sttistics reported here primrily represent results from the Americn Veterinry Medicl Assocition s (AVMA) 2014 AVMA Biennil Economic Survey of Veterinrins. The 2014 AVMA Biennil Economic Survey gthered dt concerning type of employment, professionl income, prctice revenues nd expenses, nd other employment nd prctice chrcteristics. Sttistics on veterinry compenstion re presented in this report. Selected results of the AVMA s 2014 Annul Survey of Veterinry College Grdutes re lso provided in the compenstion report. This survey gthers dt from grduting veterinrins bout choice of first-yer employment nd strting slry. This report is n importnt element of the AVMA s strtegy to develop nd disseminte meningful informtion bout the economics of the veterinry medicl profession. Comments or questions bout informtion in this report re welcome nd should be directed to AVMA Report on Veterinry Compenstion Pge iii

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8 TABLE OF CONTENTS PREFACE... iii TABLE OF CONTENTS... v LIST OF FIGURES... vi LIST OF TABLES... vii INTRODUCTION... 1 RESEARCH METHODOLOGY... 3 SUMMARY OF RESULTS... 7 Professionl income by type of prctice or employment... 7 Trends in professionl income Professionl income by ownership sttus Professionl income by gender Hours worked nd professionl income per hour Professionl income by yers since grdution Professionl income by prctice size, community size, nd region Fringe benefits received by veterinrins Professionl income of veterinrins with dvnced eduction Professionl income by specilty bord certifiction Personl gross revenue of privte prctitioners Professionl income of relief nd prt-time veterinrins Returns to veterinry prctices Ancillry stff Veterinrin compenstion methods STATISTICAL TABULATIONS AVMA Report on Veterinry Compenstion Pge v

9 LIST OF FIGURES Figure professionl income of privte prctice veterinrins... 7 Figure professionl income of public or corporte veterinrins... 8 Figure 3. Percentiles of public or corporte veterinrins medin professionl income, Figure 4. Percentiles of owners medin professionl income, Figure 5. Percentiles of ssocites medin professionl income, Figure 6. Trends in men professionl income, Figure 7. Trends in rel (2003 dollrs) men professionl income, Figure professionl income of privte prctice owners Figure professionl income of privte prctice ssocites Figure 10. Trends in men professionl income of privte prctice owners nd ssocites, Figure 11. Trends in rel (2003 dollrs) men professionl income of privte prctice owners nd ssocites, Figure medin professionl income of mle nd femle privte prctice owners Figure medin professionl income of mle nd femle privte prctice ssocites Figure men professionl income of privte prctice owners nd ssocites by yers post-grdution Figure 15. Percentge of veterinrins tht received selected fringe benefits by employment type in Figure medin professionl income per hour of bord-certified veterinrins Figure medin personl gross revenue of privte prctice veterinrins Figure medin gross prctice revenue Figure medin prctice expense Figure medin net prctice income Pge vi AVMA Report on Veterinry Compenstion

10 LIST OF TABLES Professionl income of veterinrins Tble 1. Professionl income of veterinrins in privte prctice, Tble 2. Professionl income of veterinrins in public or corporte employment, Tble 3. Professionl income percentiles of veterinrins in public or corporte employment, Tble 4. Professionl income percentiles of veterinrins in public or corporte employment, Tble 5. Percentge income distribution of veterinrins in privte prctice, Tble 6. Percentge income distribution of veterinrins in public or corporte employment, Tble 7. Men professionl income of veterinrins in privte prctice, Tble 8. Men professionl income of veterinrins in public or corporte employment, Tble 9. Men money nd rel professionl income of veterinrins in privte prctice, Tble 10. Men money nd rel professionl income of veterinrins in public or corporte employment, Tble 11. Men money nd rel professionl income of veterinrins by employment type, Tble 12. Professionl income of veterinrins in privte prctice by ownership sttus, Tble 13. Professionl income percentiles of veterinrins in privte prctice by ownership sttus, Tble 14. Men professionl income of veterinrins in privte prctice by ownership sttus, Tble 15. Men professionl income percentiles of veterinrins in privte prctice by ownership sttus, Tble 16. Men money nd rel professionl income of veterinrins by ownership sttus, Tble 17. Professionl income of veterinrins in privte prctice by ownership sttus nd region, Tble 18. Professionl income of veterinrins in privte prctice by ownership sttus nd gender, Tble 19. Professionl income percentiles of veterinrins in privte prctice by ownership sttus nd gender, Tble 20. Professionl income of veterinrins in privte prctice by gender, Tble 21. Professionl income of veterinrins in public or corporte employment by gender, AVMA Report on Veterinry Compenstion Pge vii

11 Tble 22. Professionl income percentiles of veterinrins in public or corporte employment by gender, Hours worked nd income per hour Tble 23. Hours worked per week of veterinrins in privte prctice by ownership sttus, Tble 24. Hours worked per week percentiles of veterinrins in privte prctice by ownership sttus, Tble 25. Men hours worked per week of veterinrins in privte prctice by ownership sttus, Tble 26. Hours worked per week of veterinrins in privte prctice by ownership sttus nd gender, Tble 27. Hours worked per week percentiles of veterinrins in privte prctice by ownership sttus nd gender, Tble 28. Income per hour of veterinrins in privte prctice by ownership sttus, Tble 29. Income per hour percentiles of veterinrins in privte prctice by ownership sttus, Tble 30. Men income per hour of veterinrins in privte prctice by ownership sttus, Tble 31. Income per hour of veterinrins in privte prctice by ownership sttus nd gender, Tble 32. Income per hour of privte prctice owners by region, Tble 33. Income per hour of privte prctice ssocites by region, Tble 34. Hours worked per week of veterinrins in public or corporte employment by gender, Tble 35. Men hours worked per week of veterinrins in public or corporte employment, Tble 36. Income per hour of veterinrins in public or corporte employment by gender, Tble 37. Income per hour percentiles of veterinrins in public or corporte employment by gender, Tble 38. Men income per hour of veterinrins in public or corporte employment, Tble 39. Income per hour of veterinrins in public or corporte employment by region, Income by yers since grdution, prctice size, nd region Tble 40. Professionl income of privte prctice owners by yers since grdution, Tble 41. Professionl income of privte prctice ssocites by yers since grdution, Pge viii AVMA Report on Veterinry Compenstion

12 Tble 42. Professionl income percentiles of privte prctice ssocites by yers since grdution, Tble 43. Professionl income of veterinrins in public or corporte employment by yers since grdution, Tble 44. Professionl income of veterinrins by yers since grdution by employment type nd gender, Tble 45. Professionl income of veterinrins in privte prctice by prctice size, Tble 46. Professionl income of veterinrins in privte prctice by community popultion, Tble 47. Professionl income of veterinrins in privte prctice by region, Tble 48. Professionl income of veterinrins in public or corporte employment by region, Fringe benefits Tble 49. Percentge of privte prctice owners receiving fringe benefits, Tble 50. Percentge of privte prctice ssocites receiving fringe benefits, Tble 51. Percentge of veterinrins in public or corporte employment receiving fringe benefits, Tble 52. Professionl income of veterinrins in privte prctice by degree, Tble 53. Professionl income of veterinrins in public or corporte employment by degree, Tble 54. Professionl income of veterinrins in privte prctice for veterinrins completing residencies nd internships, Tble 55. Professionl income of veterinrins in public or corporte employment for veterinrins completing residencies nd internships, Tble 56. Professionl income of veterinrins in privte prctice by yers since internship, Tble 57. Professionl income of veterinrins in privte prctice with dvnced eduction by type of internship progrm, Tble 58. Professionl income of veterinrins in privte prctice with dvnced eduction by species focus, Tble 59. Professionl income of veterinrins in public or corporte employment by yers since internship, Tble 60. Professionl income of veterinrins in public or corporte employment with dvnced eduction by type of internship progrm, Tble 61. Professionl income of veterinrins in public or corporte employment with dvnced eduction by species focus, AVMA Report on Veterinry Compenstion Pge ix

13 Specilty bord certifiction Tble 62. Professionl income of veterinrins in privte prctice by specilty bord certifiction, Tble 63. Professionl income percentiles of veterinrins in privte prctice by specilty bord certifiction, Tble 64. Professionl income of veterinrins in public or corporte employment by specilty bord certifiction, Tble 65. Professionl income percentiles of veterinrins in public or corporte employment by specilty bord certifiction, Tble 66. Professionl income of veterinrins in privte prctice by specilty bord certifiction nd gender, Tble 67. Professionl income of veterinrins in privte prctice by specilty bord certifiction nd ownership sttus, Tble 68. Professionl income of veterinrins in public or corporte employment by specilty bord certifiction nd gender, Tble 69. Professionl income of veterinrins by specilty bord certifiction, Tble 70. Professionl income percentiles of veterinrins by specilty bord certifiction, Personl gross revenue Tble 71. Personl gross revenue of veterinrins in privte prctice by ownership sttus, Tble 72. Personl gross revenue percentiles of veterinrins in privte prctice by ownership sttus, Tble 73. Personl gross revenue of services for veterinrins in privte prctice by ownership sttus, Tble 74. Personl gross product sles revenue of veterinrins in privte prctice by ownership sttus, Tble 75. Personl gross revenue percentiles of veterinrins in privte prctice by ownership sttus nd gender, Tble 76. Income to personl gross revenue rtio of veterinrins in privte prctice by ownership sttus, Tble 77. Income to personl gross revenue rtio percentiles of veterinrins in privte prctice by ownership sttus, Tble 78. Income to personl gross revenue rtio percentiles of veterinrins in privte prctice by gender nd ownership sttus, Pge x AVMA Report on Veterinry Compenstion

14 Time spent per species Tble 79. Medin percent of time spent on species by veterinrins in privte prctice by ownership sttus, Relief nd prt-time veterinrins Tble 80. Income, hours worked per week, nd income per hour of relief veterinrins in privte prctice, Tble 81. Hours worked per week of prt-time veterinrins in privte prctice by ownership sttus, Tble 82. Hours worked per week percentiles of prt-time veterinrins in privte prctice by ownership sttus, Tble 83. Hours worked per week of prt-time veterinrins in privte prctice by ownership sttus nd gender, Tble 84. Hours worked per week percentiles of prt-time veterinrins in privte prctice by ownership sttus nd gender, Tble 85. Income per hour of prt-time veterinrins in privte prctice by ownership sttus, Tble 86. Income per hour percentiles of prt-time veterinrins in privte prctice by ownership sttus, Tble 87. Income per hour of prt-time veterinrins in privte prctice by ownership sttus nd gender, Tble 88. Hours worked per week of prt-time veterinrins in public or corporte employment by gender, Tble 89. Income per hour of prt-time veterinrins in public or corporte employment by gender, Strting slries Tble 90. Strting slries of veterinrins, Tble 91. Strting slries of mle veterinrins, Tble 92. Strting slries of femle veterinrins, Business mesures Tble 93. Prctice return to cpitl, lbor, nd mngement, Tble 94. Owner ssets, equity, libilities, nd interest expense, Tble 95. Gross prctice revenue by size of prctice, Tble 96. Men number of full-time equivlent (FTE) ncillry stff nd veterinrins in privte prctice, Tble 97. Percentge distribution of compenstion method for veterinrins in privte prctice, AVMA Report on Veterinry Compenstion Pge xi

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16 INTRODUCTION The (AVMA) hs conducted n economic survey of U.S. veterinrins every two yers since The dt collected from this survey progrm yields relible sttistics on veterinrins ernings in privte clinicl prctice nd public or corporte employment. It lso provides vluble finncil nd mngement sttistics ssocited with the opertion nd mngement of modern veterinry prctices. Most of the sttistics in this report cover the results of the 2014 economic survey s it pertins to veterinry compenstion, which collected dt from the 2013 clendr yer. Some perspective is obtined by including comprble sttistics from previous yers. Sttistics on strting slries for veterinrins who recently grduted from U.S. veterinry medicl colleges re generted from the AVMA s survey of grdutes nd re lso reported. Veterinrin professionl income is exmined in this report. Professionl income informtion ws nlyzed to revel the effects of severl demogrphic fctors on veterinry professionl income. Specificlly, veterinrins professionl incomes hve been broken out by employment type, privte prctice ownership sttus, yers since grdution, gender, prctice size, community size nd region. Informtion is lso provided on hours worked, professionl income per hour nd fringe benefits. The report is divided into three sections: (1) n introduction nd summry of the reserch methodology; (2) summry of findings on veterinrins professionl incomes; nd (3) detiled tbultions of sttistics on veterinrins professionl income nd chrcteristics. The summries provide written nd grphicl nlysis of selected sttistics on professionl incomes nd other employment-relted mesures, presented for ech type of prctice. The tbultion section reports compiltion of sttistics for reders who need more detil thn is provided in the summries. Mens, stndrd errors of the mens, medins, confidence intervls, percentiles nd the number of observtions re provided where t lest 8 observtions were vilble. AVMA Report on Veterinry Compenstion Pge 1

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18 RESEARCH METHODOLOGY The 2014 AVMA Biennil Economic Survey evluted ctively prcticing veterinrins in the United Sttes for this report. Veterinrins who were retired nd other veterinrins not ctively prcticing veterinry medicine were excluded from the smple. To survey this popultion, rndom strtified-disproportionte smple ws selected from AVMA s dtbse of U.S. veterinrins. This smpling methodology ws used to increse the likelihood of sufficient responses for relible sttistics in ech employment nd prctice ctegory. Privte prctitioners were selected from the combined popultions of owners nd ssocites. In the privte prctice ctegory, respondents were identified by 7 employment ctegories, 6 of which were species driven. Privte prctice veterinrins were clssified s food niml exclusive, food niml predominnt, mixed niml, compnion niml exclusive, compnion niml predominnt, equine, or "other" privte prctice. In the public or corporte sector, smples were bsed on 6 employment ctegories, which included colleges nd universities, stte or locl governments, industry, federl government, uniformed services, nd "other" public or corporte. The survey ws conducted vi emil nd postl mil in order to obtin good representtion from ech employment type. In June 2014, survey invittions were emiled to rndom smple of 12,764 privte prctice nd public or corporte veterinrins. The rndom smple emiled consisted of 4,861 veterinrins identified s privte prctice owners nd 7,903 either identified s non-prctice owners (ssocites or public or corporte-employed veterinrins) or whose employment type ws not identified in the membership dtbse. In ddition, surveys were sent vi mil to rndom smple of 3,116 privte prctice nd public or corporte veterinrins. The rndom smple consisted of 1,572 veterinrins identified s privte prctice owners nd 1,544 either identified s non-prctice owners (ssocites or public or corporte-employed veterinrins) or whose employment type ws not identified in the membership dtbse. In totl, 15,880 potentil respondents were either sent n emil invittion or miled survey. After field work ws completed, totl of 2,347 surveys were completed nd returned (14.7%). Of the 2,347 surveys returned, 1,040 surveys from privte prctice veterinrins nd 685 surveys from public nd industry-employed veterinrins were deemed to be usble responses (73.5%). Most nonusble responses were due to missing or multiple employment type or the respondents were not employed either full or regulr prt-time. Veterinrins were sked to provide informtion on their individul 2013 professionl income, prctice or employment type, grdution yer, ge, gender, fringe benefits, hours worked, weeks worked, nd professionl nd dvnced degrees. Professionl income ws defined s the veterinrin s 2013 individul professionl income, before personl txes, from professionl veterinry medicl ctivity. Privte prctice veterinrins AVMA Report on Veterinry Compenstion Pge 3

19 were to include slry, consulting fees, profit shring, deferred professionl income nd bonuses in their professionl income clcultions. Public nd corporte veterinrins were sked to include slry, clinicl incentives, honorri, speking nd consulting fees, ny privte prctice professionl income nd employer deferred professionl income. In surveys prior to 2004, owners individul professionl incomes were djusted to compenste for the opportunity cost on owners equity. Tht is, 12% return on equity in fixed ssets (vlue of fixed ssets minus long-term debt) ws deducted from ech owner s reported professionl income. This djustment represented n effort to mke owners professionl income more comprble to the professionl incomes of privte prctice ssocites nd public or corporte veterinrins. In the 2004 nd subsequent surveys, owners professionl income ws defined in the questionnire differently, mking the 12% djustment unnecessry. This slight chnge in survey design ws theoreticlly not expected to cuse ny devition in the mnner tht professionl incomes re reported or compred over time. However, it is importnt to cknowledge this modifiction to qulify ny time-series comprisons to prior professionl income dt reported in previous editions of the Economic Report on Veterinrins & Veterinry Prctices. AVMA member clssifiction informtion on gender, employment type or prctice type, nd ownership sttus ws used to weight the responses, so tht they were given the pproprite influence in the weighted verges clculted in the nlysis. This informtion ws used to derive proportions of the overll membership tht respondents represented nd ws used in clculting the weighted verges presented for the income sttistics. The sttistics reported were developed using the SAS tbulte, frequency, nd men procedures. Observtions were weighted by the proportion of the popultion represented by the observtion. The popultion distribution by employment type ws estimted from the AVMA membership dtbse. The resulting popultion frequencies were used to weight the observtions, yielding simple sttistics within employment-type groups nd weighted sttistics cross employmenttype groups. Mny of the smple distributions showed evidence of being skewed towrd higher professionl incomes. Therefore, it ws ssumed tht the men estimtes were influenced by vlues t the high end of the professionl income rnge. Medin vlues were lso reported. Medin professionl income represents the level of professionl income tht divides the distribution in hlf, i.e., 50% of ll veterinrins erned professionl incomes below nd 50% bove this professionl income level. In these cses, the medin is considered more relible estimte of popultion s centrl tendency. All sttistics were clculted using those observtions reported by full time veterinrins, except for sttistics involving relief nd prt time veterinrins. Veterinrins were considered employed full time if they worked t lest 30 hours per week for t lest 48 weeks of the yer. Relief Pge 4 AVMA Report on Veterinry Compenstion

20 nd prt-time veterinrins were nlyzed seprtely nd were not included in privte prctice sttistics. Veterinrins were considered prt time if they worked 7 hours or more per week but less thn 30 hours per week. Veterinrins professionl incomes were lso nlyzed in rel or infltion-djusted terms. Nominl professionl income is the dollr vlue of professionl income received in prticulr yer. Rel professionl income represents the purchsing power of nominl professionl income. An index number is pplied to nominl professionl income to clculte rel professionl income. Nominl professionl income ws djusted to rel professionl income by pplying the Consumer Price Index (CPI) s reported by the Bureu of Lbor Sttistics. Selected sttistics were lso reported by gender. Tbultions were developed tht showed professionl incomes of veterinrins by prctice type, ownership sttus nd public or corporte employment ccording to gender. This nlysis ws limited becuse of the smll number of femle observtions in prticulr tbultion cells. Therefore, the sttisticl significnce of mny comprisons by gender ws limited. The use of smple mens to estimte popultion mens ws subject to smpling error. Therefore, it is useful to clculte confidence intervls. A confidence intervl is rnge of vlues tht hs predetermined probbility of including the true men professionl income for the popultion. For exmple, it my be stted tht there ws 95% probbility tht the smple men professionl income, plus nd minus 2 stndrd errors, will encompss the true, but unknown, popultion men professionl income. Confidence intervls were reported in Tbles 1 nd 2. However, stndrd errors were provided in other tbles so tht other confidence intervls my be clculted. Also, when evluting trends in sttistics on n nnul bsis where mesures re vilble on two-yer intervl, the compounded nnul growth rte must be clculted. The nnul growth rte is equivlent to the squre root of the two-yer growth rte. Selected sttistics were lso reported by geogrphic loction. Sttisticl relibility for smller geogrphic units is limited becuse the smple ws not constructed to provide sufficient observtions t greter levels of geogrphic detil. The ggregtion of sttes into the 4 geogrphic regions for which sttistics were reported ws consistent with Census Bureu definitions. Northest includes Mine, Vermont, New Hmpshire, Msschusetts, Connecticut, Rhode Islnd, New York, Pennsylvni, nd New Jersey. South includes West Virgini, Mrylnd, Delwre, Virgini, District of Columbi, North Crolin, South Crolin, Georgi, Florid, Kentucky, Tennessee, Mississippi, Albm, Texs, Oklhom, Arknss, nd Louisin. Midwest includes Wisconsin, Illinois, Michign, Indin, Ohio, North Dkot, South Dkot, Nebrsk, Knss, Minnesot, Iow, nd Missouri. West includes Montn, Idho, Wyoming, Uth, Colordo, New Mexico, Arizon, Nevd, Alsk, Wshington, Oregon, Cliforni, nd Hwii. AVMA Report on Veterinry Compenstion Pge 5

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22 SUMMARY OF RESULTS Professionl income, hours worked nd professionl income per hour for veterinrins in privte nd public or corporte prctice re presented in Tbles 1-89 of this volume. The informtion in the tbles is broken out by prctice type for privte veterinrins nd employment type for public or corporte veterinrins. The informtion is lso broken out by ownership sttus in privte prctice, gender, region, yers since grdution nd bord certifiction sttus. Informtion on strting slries for newly grduted veterinrins is presented in Tbles Informtion on business prctice mesures re presented in Tbles Most of the informtion presented in this volume is for the yer Trend informtion for the yers is lso presented in the tbles. Informtion on strting slries is for the yers Professionl income by type of prctice or employment Professionl income by type of employment is presented in detil in Tbles 1 nd 2. Medin professionl income of privte prctitioners decresed in 2013 to $94,000 from $100,000 in Medin professionl income vried by prctice type (Figure 1). Food niml exclusive veterinrins ($100,000) erned the highest professionl incomes, while mixed niml veterinrins erned the lowest ($84,000). Figure professionl income of privte prctice veterinrins Men Medin $150,000 $140,000 $130,000 $120,000 $110,000 $100,000 $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 $143,621 $100,000 Food Exclusive $116,044 Food $111,700 $85,000 $84,000 Mixed $121,787 $92,000 $132,384 $95,000 Exclusive $127,103 $129,031 $123,747 $94,000 $87,000 $86,000 Equine Other Totl AVMA Report on Veterinry Compenstion Pge 7

23 Men professionl income of veterinrins in privte prctice incresed t n verge nnul rte of 4.2% from $118,726 in 2011 to $129,031 in Chrcteristic of skewed distribution, men professionl income ws higher thn medin professionl income for ll prctice types. If distribution is skewed, few of the highest vlues cn pull the men bove the medin. Vritions in men professionl income by prctice type were lrger thn vritions in medin professionl income. Food niml exclusive veterinrins erned the highest men professionl income ($143,621) followed by compnion niml exclusive veterinrins ($132,384). Mixed niml veterinrins erned the lest with n verge income of $111,700. Medin professionl income of veterinrins in public or corporte employment decresed from $124,000 in 2011 to $117,000 in 2013, representing n verge nnul decrese of 2.9%. Medin professionl incomes rnged from $83,500 for stte or locl government to $168,973 for industry employment (Figure 2). Figure professionl income of public or corporte veterinrins Men Medin $200,000 $180,000 $182,674 $168,973 $160,000 $140,000 $120,000 $112,817 $107,000 $120,224 $120,000 $108,822 $105,000 $134,976 $128,993 $117,000 $117,000 $100,000 $88,681 $83,500 $80,000 $60,000 $40,000 $20,000 $0 College or University Federl Government Stte or Locl Government Uniformed Services Industry Other Totl Public or Corporte Men professionl income of veterinrins employed by public or corporte orgniztions decresed from $132,205 in 2011 to $128,993 in 2013, representing n verge nnul decrese of 1.2%. The distribution of public or corporte veterinrin professionl incomes ws lso skewed. Men professionl incomes were greter thn medin professionl incomes for ll employment types. However, vritions in men professionl incomes mong employment types were similr to vritions in medin professionl income for most sectors. Men professionl income rnged from $88,681 for stte or locl government veterinrins to $182,674 for industry veterinrins. Pge 8 AVMA Report on Veterinry Compenstion

24 Confidence intervls provide n indiction of how precisely the true men for the totl popultion of veterinrins is mesured by men derived from smple of veterinrins (Tbles 1 nd 2). The confidence intervl is influenced by the vrition in the fctor tht is being mesured (in this instnce professionl income) nd the response smple size: The lrger the vrition, the lrger the confidence intervl. Conversely, the lrger the response smple size, the smller the confidence intervl. For ll privte prctitioners, the 95% confidence intervl for the 2013 men professionl income ws $122,130 to $135,931. The 95% confidence intervl for 2013 men professionl incomes in public or corporte employment ws $123,647 to $134,340. Confidence intervls by prctice type will generlly be lrger thn the intervl for ll veterinrins. This is becuse the mens for the prctice types re bsed on much smller smple sizes. Confidence intervls for privte prctice veterinrins rnged from $22,903 mong mixed niml prctitioners to $61,484 for food niml exclusive prctitioners. Confidence intervls for public or corporte employment ctegories rnged from n intervl of $9,838 for veterinrins employed by stte or locl government to $31,002 for industry employment. Generlly, prctice or employment ctegories with nrrower confidence intervls hve more homogeneous professionl incomes thn popultions with wider confidence intervls. Percentiles of professionl income were clculted for both public or corporte (Figure 3) nd privte prctice veterinrins (Figures 4 nd 5) in instnces where percentiles would provide meningful description of the income distribution. Percentiles re tbulted for public nd corporte veterinrins in Tbles 3 nd 4 nd for privte prctitioners in Tbles 13 nd 15. The 25, 50, 75 nd 90 percentiles reported in the tbles cn be used to rnk veterinrins income reltive to the income distribution estimted from the responses nlyzed. Public nd corporte veterinrins professionl income distribution percentiles (25, 50, 75 nd 90) correspond to $85,900, $117,000, $159,425 nd $217,000, respectively. In comprison, the sme percentiles of professionl income for privte prctice owners correspond to $75,000, $120,000, $190,000 nd $300,000, nd for privte prctice ssocites correspond to $70,000, $84,000, $105,000 nd $136,000. AVMA Report on Veterinry Compenstion Pge 9

25 Figure 3. Percentiles of public or corporte veterinrins' medin professionl income, 2013 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 College or University Federl Government Stte or Locl Government Uniformed Services Industry Totl Public or Corporte 90th 75th 50th 25th Figure 4. Percentiles of owners' medin professionl income, 2013 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 Food Exclusive Food Mixed Exclusive Equine Totl Privte Prctice 90th 75th 50th 25th Pge 10 AVMA Report on Veterinry Compenstion

26 Figure 5. Percentiles of ssocites' medin professionl income, 2013 $160,000 $140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 $0 Food Exclusive Food Mixed Exclusive Equine Totl Privte Prctice 90th 75th 50th 25th Trends in professionl income Trends in professionl income re presented in Figure 6 nd Tbles 7 nd 8. During the period , men professionl income of privte prctice veterinrins incresed t n verge nnul rte of 3.0%. Over this sme period, men professionl income of veterinrins employed in public or corporte prctice incresed t n verge nnul rte of 2.8%. Figure 6. Trends in men professionl income, Privte Prctice Public / Corporte $140,000 $130,000 $120,000 $110,000 $100,000 $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 $132,205 $129,031 $121,560 $121,303 $124,232 $118,726 $115,447 $105,510 $105,238 $96,357 $98, $128,993 AVMA Report on Veterinry Compenstion Pge 11

27 Lrgely becuse of the inclusion of more highly pid industry veterinrins, men professionl income of public/corporte veterinrins ws higher thn professionl income for privte prctitioners for most yers listed in Figure 6. However, in 2013 income ws higher for privte prctice fter being down in It is useful to determine the chnge in veterinrins purchsing power by djusting for infltion to evlute rel professionl income. The most widely used mesure of infltion t the retil level is the Consumer Price Index (CPI) for ll urbn consumers. Professionl income presented in Figure 7 (Tble 11) ws converted to rel professionl income using 2003 s the bse yer (i.e., rel professionl income for 2003 equls nominl or undjusted professionl income). During the period , rel verge nnul growth rte of men professionl income ws 0.6% for privte prctitioners nd 0.4% for public/corporte prctice veterinrins. These figures indicte tht professionl incomes of privte prctice veterinrins nd public/corporte prctice veterinrins outpced infltion over this period. Figure 7. Trends in rel (2003 dollrs) men professionl income, Privte Prctice Public/Corporte $120,000 $105,000 $96,357 $98,158 $99,405 $99,149 $107,897 $102,471 $104,037 $106,549 $108,144 $97,118 $101,915 $101,885 $90,000 $75,000 $60,000 $45,000 $30,000 $15,000 $ Pge 12 AVMA Report on Veterinry Compenstion

28 Professionl income by ownership sttus The 2013 medin professionl income of ll privte prctice owners ws $120,000 (Tble 12), compred to $124,000 in The 2013 men professionl income for owners ws $157,520 compred to $149,394 in Men professionl incomes of privte prctice owners rnged from $128,502 for mixed niml prctitioners to $175,754 for food niml exclusive prctitioners in 2013 (Figure 8). In 2013, owners medin professionl incomes rnged from $100,139 for food niml predominnt prctitioners to $133,000 for compnion niml exclusive prctitioners. Figure professionl income of privte prctice owners Men Medin $200,000 $175,000 $150,000 $175,754 $132,012 $128,502 $147,556 $167,110 $152,178 $126,386 $157,520 $125,000 $100,000 $75,000 $127,249 $100,139 $104,988 $105,000 $133,000 $120,000 $92,000 $120,000 $50,000 $25,000 $0 Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice Men professionl incomes of privte prctice ssocites rnged from $76,923 for food niml predominnt prctitioners to $103,289 for compnion niml exclusive prctitioners (Figure 9) in The 2013 medin professionl incomes rnged from $71,384 for equine ssocites to $86,500 for compnion niml exclusive ssocites. Differences between men nd medin by prctice type were less pronounced for ssocites thn owners. This finding suggests tht ssocite professionl income is less skewed thn owner professionl income. AVMA Report on Veterinry Compenstion Pge 13

29 Figure professionl income of privte prctice ssocites Men Medin $130,000 $120,000 $110,000 $100,000 $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 $79,354 $76,923 $77,842 $71,880 Food Exclusive $71,500 $75,000 Food Mixed $80,127 $76,571 $103,289 $86,500 Exclusive $89,491 $120,581 $71,384 $76,500 $99,181 $84,000 Equine Other Totl Privte Prctice During the 10-yer period , men professionl income of owners incresed t n verge nnul rte of 2.6% (Figure 10, Tble 14). In comprison, ssocites professionl income incresed t rte of 3.3% over this period. Growth rtes in professionl income vried by prctice type nd ownership sttus. Food niml exclusive owners hd the highest growth rte (4.5%), while the lowest growth rte mong owners ws for equine t 0.5%. Among ssocites, compnion niml exclusive hd the highest growth rte t 3.5%, while equine hd the lowest t 0.2%. Figure 10. Trends in men professionl income of privte prctice owners nd ssocites, Owners Assocites $160,000 $140,000 $122,075 $132,295 $146,374 $152,030 $149,394 $157,520 $120,000 $100,000 $80,000 $60,000 $71,940 $78,141 $89,694 $94,250 $94,683 $99,181 $40,000 $20,000 $ Pge 14 AVMA Report on Veterinry Compenstion

30 Rel professionl income (in 2003 dollrs) incresed t n verge nnul rte of 0.6% for owners, while incresing t n verge nnul rte of 1.2% for ssocites during the period (Figure 11, Tble 16). After declining in 2011, both owner s nd ssocite s income rebounded in Figure 11. Trends in rel (2003 dollrs) men professionl income of privte prctice owners nd ssocites, Owners Assocites $130,000 $120,000 $110,000 $100,000 $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 $125,025 $125,500 $124,393 $117,497 $119,966 $117,621 $76,612 $77,803 $78,323 $74,546 $69,242 $70, Professionl income by gender Professionl income by gender is reported in Tbles The medin professionl income of femle veterinrins in privte prctice ws $81,600 in 2013, compred to $88,000 in Mle veterinrins in privte prctice erned medin professionl income of $116,415 in 2013, compred to $112,000 in Medin professionl income for femle veterinrins in public or corporte prctice ws $102,000 in 2013, compred to $112,000 in The medin for mle veterinrins in public or corporte prctice ws $134,000 in 2013, compred to $136,000 in AVMA Report on Veterinry Compenstion Pge 15

31 Professionl income by gender for privte prctice owners by prctice type is highlighted in Figure 12 nd Tble 18. In 2013, medin professionl income mong mle veterinrin owners rnged from $110,000 for food niml predominnt to $150,000 for compnion niml exclusive prctitioners. Medin professionl income mong femle veterinrin owners rnged from $60,045 for mixed niml prctitioners to $100,000 for compnion niml exclusive prctitioners. Figure medin professionl incomes of mle nd femle privte prctice owners Mle Femle $160,000 $150,000 $140,000 $120,000 $124,512 $110,000 $118,318 $116,875 $136,942 $100,000 $80,000 $60,000 $82,482 $100,000 $90,500 $40,000 $60,045 $20,000 $0 n Food Exclusive n Food Mixed Exclusive Equine n Insufficient number of usble responses. Medin professionl income by prctice type for privte prctice ssocites is presented in Figure 13 nd Tble 18. Mle ssocites hd higher medin professionl income thn femle ssocites in nerly every prctice type. Medin professionl income for mle ssocites rnged from $71,880 for food niml exclusive prctitioners to $100,000 for equine prctitioners. Medin professionl income for femle ssocites rnged from $63,000 for equine prctitioners to $85,000 for compnion niml exclusive prctitioners. Pge 16 AVMA Report on Veterinry Compenstion

32 Figure medin professionl income for mle nd femle privte prctice ssocites Mle Femle $100,000 $95,000 $100,000 $90,000 $82,500 $80,000 $81,223 $80,000 $71,880 $70,000 $85,000 $60,000 $50,000 $40,000 $78,407 $67,275 $70,750 $75,000 $63,000 $30,000 $20,000 $10,000 $0 Food Exclusive Food Mixed Exclusive Equine Hours worked nd professionl income per hour Men nd medin hours worked per week by privte prctitioners re presented in Tbles Privte prctitioners worked 47.9 hours per week on verge in 2013, 0.4 hours more thn men hours worked in Equine prctitioners worked the most hours, verging 57.7 hours per week. niml exclusive prctitioners worked the fewest hours, verging 45.5 hours per week. Hours worked per week vried by ownership sttus nd prctice type. Owners worked more hours per week on verge thn ssocites, 49.3 compred to A comprison cross prctice types by gender nd ownership sttus is presented in Tble 26. Mle ssocites worked 47.4 hours per week, on verge, compred to 46.1 for femle ssocites. Income per hour for privte prctitioners is presented in Tbles Privte prctitioners medin professionl income per hour ws $42.49 in 2013, compred to $43.48 in Medin professionl income per hour rnged from $32.05 for equine prctitioners to $44.94 for compnion niml exclusive prctitioners. Among owners, medin professionl income per hour rnged from $36.36 for mixed niml prctitioners to $60.02 for compnion niml exclusive prctitioners. Among ssocites, medin professionl income per hour rnged from $23.81 for equine prctitioners to $41.80 for compnion niml exclusive prctitioners. Overll, the medin hourly professionl income for owners ws $53.88, compred to $39.23 per hour for ssocites. AVMA Report on Veterinry Compenstion Pge 17

33 Men nd medin hours worked per week, nd income per hour of public or corporte veterinrins, re presented in Tbles Public or corporte veterinrins reported working n verge of 49.4 hours per week in 2013, compred to 49.1 hours per week in Men hours worked rnged from 45.1 per week for stte or locl government veterinrins to 51.0 hours per week for college or university veterinrins. Men hours worked per week mong veterinrins employed in the public or corporte sector vried slightly between mle nd femle veterinrins. Overll, mle veterinrins erned n verge of $62.92 per hour compred to $49.65 erned by femles. The medin hourly professionl income of public or corporte veterinrins ws $51.06 in 2013 compred to $52.08 in Professionl income by yers since grdution Professionl income by yers since grdution is presented in Tbles nd Figure 14. Owner veterinrin men professionl income generlly grows with dditionl yers in prctice for most privte prctice types. However, it ppers tht slries my plteu s n ssocite with more thn five yers of experience. Often the incomes from one experience brcket to the next re not sttisticlly different, but n overll trend is still pprent. Medin professionl income by yers of prctice since grdution for owners nd ssocites is presented in Figure 14. Professionl income tended to increse with experience mong owner nd ssocite prctitioners. Owner s income begins to significntly outpce ssocite s income with 5 or Figure medin professionl income of privte prctice owners nd ssocites by yers post-grdution Owners Assocites $140, $120, $100,000 $80, $60,000 $40,000 $20,000 $0 n 1 to 2 3 to 4 5 to 9 10 to to to or more n Insufficient number of usble responses. Pge 18 AVMA Report on Veterinry Compenstion

34 more yers of experience. The ernings of most veterinrins in public or corporte employment showed pttern of stedy growth with experience (Tble 43). Professionl income by prctice size, community size, nd region Professionl income by size of prctice is presented in Tble 45. Professionl income tended to be slightly higher for veterinrins working in prctices with 4 or more veterinrins. Professionl income did not lwys increse with prctice size, indicting the effect of other fctors lso impct professionl income. Professionl income by community size nd region is presented in Tbles No cler reltionship between community size nd income is pprent. No cler pttern of differences in professionl income by region is pprent, except food niml exclusive, which ws significntly higher in the west. Fringe benefits received by veterinrins Informtion on fringe benefits is presented in Tbles nd Figure 15. Fringe benefits represent dditionl compenstion pid by the employer beyond slry. Veterinrins indicted which of the following fringe benefits were provided by their prctice or employer: life insurnce, medicl pln, dentl pln, disbility insurnce, profit-shring pln, libility insurnce, ssocition dues, continuing eduction expenses, continuing eduction leve, personl use of vehicle, pid sick leve, pid vction leve, pid holidys, licenses, retirement pln, employer mtch retirement, discounted pet cre nd miscellneous benefits. Licenses, ssocition dues, continuing eduction expenses nd libility insurnce were widely provided to owners in Among owners, 2.9% reported receiving no fringe benefits. Medicl insurnce, discounted pet cre, disbility insurnce, continuing eduction leve, life insurnce nd retirement pln were lso commonly received fringe benefits. The fringe benefits most often included in 2013 compenstion pckges for privte prctice ssocites were continuing eduction expenses, licenses, pid vction leve, discounted pet cre, ssocition dues, medicl insurnce nd continuing eduction leve. Among ssocites, 1.5% went without ny fringe benefits. Veterinrins in public or corporte employment indicted tht, in 2013, the most often received benefits included medicl insurnce, pid vction leve, pid holidys nd pid sick leve. Only 0.7% of public or corporte veterinrins reported receiving no benefits. AVMA Report on Veterinry Compenstion Pge 19

35 Figure 15. Percentge of veterinrins tht received selected fringe benefits by employment type in 2013 Privte Owners Privte Assocites Public/Corporte 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% No Benefits Continuing Eduction Leve Life Insurnce Retirement Pln Medicl Insurnce Libility Insurnce Assocition Dues Continuing Eduction Expenses Licenses Professionl income of veterinrins with dvnced eduction Professionl incomes of veterinrins with dvnced degrees in ddition to their D.V.M. (doctorte or msters) re summrized in tbles 52 nd 53. Privte prctitioners with doctorte or msters reported medin incomes of $66,000 nd $100,000, respectively, compred to $93,433 for those without dvnced degrees. Public nd corporte veterinrins with doctorte or msters reported medin incomes of $135,000 nd $127,000, respectively, compred to $103,000 for those without dvnced degrees. Professionl incomes of veterinrins completing residencies nd internships re summrized in tbles 54 through 61. Privte prctitioners completing residency or internship reported medin incomes of $135,080 nd $84,000, respectively, compred to $93,000 for those whom hd not completed progrm. Public nd corporte veterinrins completing residency or internship reported medin incomes of $120,000 nd $90,784, respectively, compred to $117,200 for those whom hd not completed progrm. In both privte prctice nd public or corporte-employment, medin income ws highest for those who completed residencies. Medin income for those who completed internships ws lower to tht of veterinrins who did not hve dditionl eduction in both public or corporte-employment nd in privte prctice. Compring the medin income of veterinrins who hve completed internships with those tht hve not my not be vlid nlysis to Pge 20 AVMA Report on Veterinry Compenstion

36 determine the vlue of completing n internship, s higher proportion of respondents who hve completed internships lso hve less experience. This skewed distribution is expected s n incresing number of grdutes re enrolling in internship progrms. The type of internship progrm lso hd significnt impct on income levels. Professionl income by specilty bord certifiction An nlysis ws lso conducted to determine the effect of specilty bord certifiction on professionl income (Tbles 62-70). Among ll prctice types, bord-certified veterinrins erned substntilly more thn their noncertified counterprts (Figure 16). In 2013, medin professionl income for bord-certified prctitioners ws $150,000, compred to $90,000 for noncertified prctitioners. Specilty bord certifiction sttus hd similr impct on professionl incomes of public/corporte veterinrins, who erned medin professionl income of $132,000, compred to $95,000 for noncertified veterinrins. DVM Only Anesthesiologists* Welfre* Behviorists* Clinicl Phrmcology* Dentl College* Dermtology* Emergency nd Criticl Cre* Internl Medicine Lb Medicine Microbiologists* Nutrition* Ophthlmologists* Pthologists Poultry Preventtive Medicine Rdiology Sports Medicine* Surgeons Theriogenologists Toxicology* Veterinry Prctitioners Zoologicl Medicine* Figure medin professionl income of bord-certified veterinrins $0 $50,000 $100,000 $150,000 $200,000 * Indictes insufficient number of useble responses AVMA Report on Veterinry Compenstion Pge 21

37 Among public nd corporte veterinrins, the differentil in men income between bordcertified veterinrins nd those noncertified is $38,805 cross ll employment types (Tble 64). The differentil in men income mong stte or locl government veterinrins is the smllest t -$5,945, while the differentil is the lrgest mong college or university veterinrins t $59,597. The increse in slry wrrnted by bord certifiction vried with the type of certifiction (Tble 69). Medin professionl income for veterinrins without specilty bord certifiction ws $90,000. Lb niml medicine nd pthologists certified veterinrins medin professionl incomes were the highest t $155,000 nd $146,000 respectively. Veterinrins with bord certifiction in rdiology ($120,500), veterinry prctitioners ($120,000), nd preventtive medicine ($116,000) erned the lowest medin professionl incomes mong bord-certified specilists. Tble 70 presents the percentiles of the distribution of professionl income of bord-certified veterinrins by type of bord certifiction. Personl gross revenue of privte prctitioners Personl gross revenue nd income to gross revenue rtios re presented in Tbles Medin gross revenue of privte prctice owners ws $400,000 in comprison to $150,000 for privte prctice ssocites (Figure 17). Personl gross revenue of services nd sles re presented in Tbles 73 nd 74. Those respondents who provided gross revenue for services nd product sles indicted tht owners generted medin services of pproximtely $111,000 more thn ssocites, while grossing $50,000 more in medin product sles. Percentiles of gross revenue by ownership sttus nd gender re presented in Tble 75. Mle veterinrins often hve higher gross revenues thn femle veterinrins. To nlyze the effect of gross income on professionl income, professionl income ws divided by personl gross revenue (Tble 76). Prctice owners medin professionl income to gross revenue rtio ws 0.33, while ssocites ws In other words, prctice owners re erning bout 33% of their gross revenue s income, while ssocites re erning bout 75% of their gross revenue s income. The men rtio for owners is 49% nd 65% for ssocites. When the percentiles of these rtios re clculted (Tble 77), there re instnces where owners nd ssocites re erning more thn their personl gross revenue, s cn be seen in the 90 th percentile for ll ssocites nd most owners. Pge 22 AVMA Report on Veterinry Compenstion

38 Figure medin personl gross revenue of privte prctice veterinrins Owner Associte $450,000 $400, , , ,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50, , , , , , , , , , , , , ,000 $0 Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice Professionl income of relief nd prt-time veterinrins Sttistics on relief veterinrins professionl income nd hours worked re presented in Tble 80. Privte prctice relief veterinrins hd men professionl income of $78,358 while working n verge of 43 hours per week. The men professionl income per hour ws $ Medin professionl income ws $75,000 nd medin hours worked were The medin professionl income per hour for relief veterinrins ws $ Prt-time veterinrins re those who reported working less thn 30 hours per week, but more thn 7 hours per week. Sttistics for prt-time veterinrins re reported in Tbles Prt-time veterinrins worked on verge 20.8 hours per week. There were not significnt differences in the hours worked between genders or ownership sttus. Income per hour for prt-time veterinrins in privte prctice verged $86.49, with medin of $59.03 per hour (Tble 85). Some owners who work fewer hours hve high hourly professionl income, which skews the distribution. Income per hour for privte prctice veterinrins is illustrted in Figure 18. Men income per hour for prt-time mle veterinrins ws higher thn tht of femles (Tble 87). Public nd corporte prt-time veterinrins reported medin professionl income per hour of $100.00; prt-time income ws higher for mles thn femles (Tble 89). AVMA Report on Veterinry Compenstion Pge 23

39 Returns to veterinry prctices Descriptive sttistics were clculted for 2013 revenue, expense, nd other vribles used to determine returns to privte veterinry prctices. Both the men nd medin vlues were reported in the ccompnying tbles. The men cn be influenced by vlues t the high end of the distributions. The medin, the vlue tht divides the distribution in hlf, my be more meningful estimte of the centrl tendency of the popultion nd ws the sttistic used for most of this nlysis. Informtion presented in this section nd Tbles ws derived from the survey responses of owner veterinrins on the finncil performnce portion of the biennil economic survey. Prctice size, s mesured by the number of veterinrins per prctice vried mong prctice types (Tble 93). Medin prctice rnged from 2.5 for food niml exclusive prctices to 6.0 for compnion niml exclusive prctices. Medin gross prctice revenue (Figure 19) rnged from $400,000 for equine prctices to $865,000 for compnion niml exclusive prctices. Medin gross prctice revenue cross ll prctice types ws $732,788 (Tble 93, Figure 19). Gross revenue from services ws greter thn gross revenue for product for compnion niml exclusive prctices, while gross revenue from product ws greter thn gross revenue from services for food niml exclusive prctices (Tble 93). Figure medin gross prctice revenue $900,000 $800,000 $696,665 $740,000 $865,000 $732,788 $700,000 $600,000 $621,228 $612,500 $500,000 $400,000 $400,000 $300,000 $200,000 $100,000 $0 Food Exclusive Food Mixed Exclusive Equine All Privte Prctices Pge 24 AVMA Report on Veterinry Compenstion

40 Figure medin prctice expense $700,000 $600,000 $500,000 $448,850 $403,103 $419,305 $400,000 $400,000 $300,000 $291,756 $300,000 $200,000 $178,000 $100,000 $0 Food Exclusive Food Mixed Exclusive Equine All Privte Prctices Medin prctice expense (Figure 20, Tble 93) ws computed s the sum of ll csh operting expenses, including non-owner (ssocite) veterinrin compenstion. The medin expense for ll prctices ws $400,000. Medin prctice expenses rnged from $178,000 for equine prctices to $448,850 for mixed niml prctices.net prctice income (Figure 21, Tble 93) ws determined by subtrcting totl expense from totl revenue. For ll prctices, 2013 medin net income ws $150,000. Medin net prctice income rnged from $118,000 for equine prctices to $211,150 for compnion niml predominnt prctices Figure medin net prctice income $250,000 $211,150 $200,000 $150,000 $164,500 $134,615 $155,000 $143,800 $118,000 $150,000 $100,000 $50,000 $0 Food Exclusive Food Mixed Exclusive Equine All Privte Prctices AVMA Report on Veterinry Compenstion Pge 25

41 Ancillry stff Ancillry stff included in this survey were credentiled veterinry technicins, noncredentiled veterinry technicins, veterinry ssistnts, nd other stff (Tble 96). The men number of full-time equivlent credentiled veterinry technicins ws 3.8 for food niml exclusive, 2.9 for food niml predominnt, 3.8 for mixed niml, 3.9 for compnion niml predominnt, 5.9 for compnion niml exclusive, nd 5.6 equine prctices. Veterinrin compenstion methods The most common compenstion method for veterinrins in ll prctice types is slry (Tble 97). The second most common method for nerly ll prctice types is combintion of slry nd production bsed compenstion. Stright production bsed compenstion is by fr the lest common compenstion method reported. Pge 26 AVMA Report on Veterinry Compenstion

42 AVMA Report on Veterinry Compenstion Pge 27

43 STATISTICAL TABULATIONS The tbultion section represents compiltion of sttistics for reders who desire more detiled brekdowns. Men nd medin sttistics re provided where pproprite for comprison. Men nd medin sttistics were not reported for ny tble cells if less thn 8 observtions were vilble. Men stndrd errors re provided for most income, revenue nd dollr expense sttistics. Stndrd errors re printed on the pge immeditely following the corresponding men sttistic tble. Where pproprite, percentiles of sttistics re lso presented to illustrte the distribution of the vrible of inquiry. Percentiles re reported only where 8 or more observtions were vilble. Mens within ctegories of prctice type, except where stted, re simple mens clculted by summing ll vlues nd dividing by the number of respondents. Totl mens were ggregted cross ctegories by weighting individul mens by the known popultion proportions. The medin vlue is clculted by dividing the observtions in hlf, i.e., 50% of ll observtions were less thn the medin vlue nd 50% of ll observtions were more thn the medin vlue. Estimtes of the men cn be influenced by extreme vlues in skewed distributions. Mny of the distributions reported here re positively skewed, i.e., severl lrge vlues hve significnt influence on the men. Therefore, in mny cses, the medin estimte is often more meningful estimte of the centrl tendency of the popultion. Pge 28 AVMA Report on Veterinry Compenstion

44 AVMA Report on Veterinry Compenstion Pge 29 Tble 1. Professionl income of veterinrins in privte prctice, 2013 Stndrd 95% C.I. 95% C.I. Usble Men Medin Error Lower Bound b Upper Bound c Responses ($) ($) ($) ($) ($) (No.) Food Exclusive 143, ,000 15, , , Food 116,044 85,000 10,517 95, , Mixed 111,700 84,000 5, , , ,787 92,000 8, , , Exclusive 132,384 95,000 6, , , Equine 127,103 87,000 9, , , Other 123,747 86,000 18,430 87, , Totl Privte Prctice 129,031 94,000 3, , ,931 1,020 Weighted estimtes bsed on the AVMA membership. b Lower bound of confidence intervl is (Men * Stndrd Error). c Upper bound of confidence intervl is (Men * Stndrd Error).

45 Pge 30 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 2. Professionl income of veterinrins in public or corporte employment, 2013 Stndrd 95% C.I. 95% C.I. Usble Men Medin Error Lower Bound b Upper Bound c Responses ($) ($) ($) ($) ($) (No.) College or University 112, ,000 4, , , Federl Government 120, ,000 2, , , Stte or Locl Government 88,681 83,500 2,510 83,762 93, Uniformed Services 108, ,000 4, , , Industry 182, ,973 7, , , Other 134, ,000 15, , , Totl Public or Corporte 128, ,000 2, , , Weighted estimtes bsed on the AVMA membership. b Lower bound of confidence intervl is (Men * Stndrd Error). c Upper bound of confidence intervl is (Men * Stndrd Error).

46 AVMA Report on Veterinry Compenstion Pge 31 Tble 3. Professionl income percentiles of veterinrins in public or corporte employment, 2013 Percentile College or University Federl Government Stte or Locl Government Uniformed Services Industry Other Totl Public or Corporte 25 th 68,000 96,067 70,000 85, , ,000 85, th 107, ,000 83, , , , , th 142, ,303 99, , , , , th 185, , , , , , ,000 Weighted estimtes bsed on the AVMA membership.

47 Pge 32 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 4. Professionl income percentiles of veterinrins in public or corporte employment, Percentile College or University 25th 73,000 79,000 88,000 68,000 50th 103, , , ,000 75th 133, , , ,000 90th 175, , , ,000 Federl Government 25th 85,000 91, ,000 96,067 50th 97, , , ,000 75th 115, , , ,303 90th 139, , , ,777 Stte or Locl Government b 25th 73,000 73,000 76,000 70,000 50th 79,000 85,000 88,000 83,500 75th 97,000 97, ,000 99,200 90th 121, , , ,288 Uniformed Services b 25th 79,000 85,000 88,000 85,648 50th 94, , , ,000 75th 115, , , ,520 90th 133, , , ,000 Industry 25th 115, , , ,000 50th 148, , , ,973 75th 199, , , ,000 90th 259, , , ,396 Other 25th 73,000 79,000 76, ,000 50th 97, , , ,000 75th 157, , , ,000 90th 340, , , ,000 Totl Public or Corporte 25th 79,000 85, ,000 85,900 Weighted estimtes bsed on the AVMA membership. b Corrected vlues for 2007, nd th 103, , , ,000 75th 151, , , ,425 90th 199, , , ,000

48 Usble Responses (65) (76) (217) (170) (363) (181) (27) AVMA Report on Veterinry Compenstion Pge 33 Tble 5. Percentge income distribution of veterinrins in privte prctice, 2013 Professionl Income ($) Food Exclusive (%) Food (%) Mixed (%) (%) Exclusive (%) < 34, ,000 to 45, ,000 to 57, ,000 to 69, ,000 to 81, ,000 to 93, ,000 to 105, ,000 to 117, ,000 to 129, ,000 to 141, ,000 to 153, ,000 to 165, ,000 to 177, ,000 to 189, ,000 to 201, ,000 to 213, ,000 to 225, ,000 to 237, ,000 to 249, ,000 to 261, ,000 to 273, ,000 to 285, ,000 to 297, ,000 or more Equine (%) Other (%)

49 Pge 34 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 6. Percentge income distribution of veterinrins in public or corporte employment, 2013 Professionl Income ($) College or University (%) Federl Government (%) Stte or Locl Government (%) Uniformed Services (%) Industry (%) < 34, ,000 to 45, ,000 to 57, ,000 to 69, ,000 to 81, ,000 to 93, ,000 to 105, ,000 to 117, ,000 to 129, ,000 to 141, ,000 to 153, ,000 to 165, ,000 to 177, ,000 to 189, ,000 to 201, ,000 to 213, ,000 to 225, ,000 to 237, ,000 to 249, ,000 to 261, ,000 to 273, ,000 to 285, ,000 to 297, ,000 or more Usble Responses (203) (144) (126) (79) (136) (18) Other (%)

50 AVMA Report on Veterinry Compenstion Pge 35 Tble 7. Men professionl income of veterinrins in privte prctice, Men ($) / Usble Responses Food Exclusive 97, , , , , ,621 (114) (225) (148) (153) (143) (63) Food 77,111 94, , , , ,044 (131) (185) (164) (210) (154) (69) Mixed 77,308 90, , , , ,700 (413) (473) (394) (481) (445) (199) 90, , , , , ,787 (317) (315) (262) (267) (246) (157) Exclusive 99, , , , , ,384 (725) (610) (587) (631) (682) (340) Equine 119, , , , , ,103 (89) (356) (397) (411) (344) (170) Other 106, , ,417 96,307 97, ,747 (50) (68) (42) (43) (31) (22) Totl Privte Prctice 96, , , , , ,031 (1,839) (2,233) (1,994) (2,196) (2,045) (1,020) Weighted estimtes bsed on the AVMA membership.

51 Pge 36 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 8. Men professionl income of veterinrins in public or corporte employment, Men ($) / Usble Responses College or University ,026 92, , , , ,817 (232) (225) (255) (331) (272) (201) Federl Government 89,232 97, , , , ,224 (212) (177) (185) (239) (232) (141) Stte or Locl Government b 74,946 79,166 87,393 92,172 91,207 88,681 (195) (153) (178) (203) (169) (120) Uniformed Services b 85,745 93,240 96, , , ,822 (148) (116) (124) (124) (134) (77) Industry 130, , , , , ,674 (304) (222) (220) (260) (229) (129) Other 86,616 77, , , , ,976 (137) (48) (59) (69) (49) (17) Totl Public or Corporte 98, , , , , ,993 Weighted estimtes bsed on the AVMA membership. b Corrected vlues for 2005, 2007, nd (1,228) (941) (1,021) (1,226) (1,085) (685)

52 AVMA Report on Veterinry Compenstion Pge 37 Tble 9. Men money nd rel professionl income of veterinrins in privte prctice, Money Income ($) 2013 Money Income ($) Percentge Chnge in Money Income Rel Income ($) 2013 Rel Income ($) Percentge Chnge in Rel Income Food Exclusive 136, , , , Food 106, , , , Mixed 108, , , , , , , , Exclusive 120, , , , Equine 116, , , , Other 97, , , , Totl Privte Prctice 118, , , , Weighted estimtes bsed on the AVMA membership.

53 Pge 38 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 10. Men money nd rel professionl income of veterinrins in public or corporte employment, Money Income ($) 2013 Money Income ($) Percentge Chnge in Money Income Rel Income ($) 2013 Rel Income ($) Percentge Chnge in Rel Income College or University 122, , , , Federl Government 115, , , , Stte or Locl Government 91,207 88, ,207 85, Uniformed Services 113, , , , Industry 171, , , , Other 136, , , , Totl Public or Corporte 132, , , , Weighted estimtes bsed on the AVMA membership.

54 AVMA Report on Veterinry Compenstion Pge 39 Tble 11. Men money nd rel professionl income of veterinrins by employment type, Privte Prctice Men Money Income ($) 96, , , , , ,031 Money Income Index b Men Rel Income ($) c 96,357 99, , ,037 97, ,915 Rel Income Index b Public or Corporte Men Money Income ($) 98, , , , , ,993 Money Income Index b Men Rel Income ($) c 98,158 99, , , , ,885 Rel Income Index b Weighted estimtes bsed on the AVMA membership. b Stndrdized vlues (2003=1.00) to indicte chnge in money nd rel income over time. c Rel income expressed in 2003 dollrs, correcting for retil price infltion s mesured by the US Consumer Price Index.

55 Pge 40 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 12. Professionl income of veterinrins in privte prctice by ownership sttus, 2013 Men ($) Owner Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice 175, , , , , , , ,520 Associte 79,354 76,923 77,842 80, ,289 89, ,581 99,181 Medin ($) Owner 127, , , , , ,000 92, ,000 Associte 71,880 71,500 75,000 76,571 86,500 71,384 76,500 84,000 Stndrd Error ($) / Usble Responses Owner 21,862 14,085 8,204 12,590 11,260 13,686 25,909 5,427 (42) (49) (133) (97) (155) (102) (12) (590) Associte 4,300 4,932 3,421 3,066 6,095 10,566 27,514 3,724 Weighted estimtes bsed on the AVMA membership. (21) (20) (66) (60) (185) (68) (10) (430)

56 AVMA Report on Veterinry Compenstion Pge 41 Tble 13. Professionl income percentiles of veterinrins in privte prctice by ownership sttus, th Percentile ($) Owner Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice 85,000 73,000 60,000 74,000 79,000 71,000 63,000 75,000 Associte 70,000 66,354 65,000 67,737 73,000 56,392 62,811 70, th Percentile ($) Owner 127, , , , , ,000 92, ,000 Associte 71,880 71,500 75,000 76,571 86,500 71,384 76,500 84, th Percentile ($) Owner 200, , , , , , , ,000 Associte 96,794 82,500 84,000 94, ,000 88, , , th Percentile ($) Owner 400, , , , , , , ,000 Associte 105, , , , , , , ,000 Weighted estimtes bsed on the AVMA membership.

57 Pge 42 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 14. Men professionl income of veterinrins in privte prctice by ownership sttus, Men ($) / Usble Responses Food Exclusive Owner Associte , , , , , ,754 67,638 78,279 89,344 87,765 89,854 79,354 (85) (144) (104) (103) (95) (42) (29) (81) (44) (50) (48) (21) Food 88, , , , , ,012 57,848 66,739 70,512 79,790 82,162 76,923 (94) (133) (123) (151) (117) (49) (37) (52) (41) (59) (37) (20) Mixed 92, , , , , ,502 57,742 66,036 76,784 75,493 79,858 77,842 (282) (314) (292) (339) (285) (133) (131) (159) (102) (142) (160) (66) 105, , , , , ,556 69,973 77,415 82,321 86,982 92,987 80,127 (218) (197) (181) (175) (161) (97) (99) (118) (81) (92) (85) (60) Exclusive 132, , , , , ,110 73,525 79,827 91,592 97,074 96, ,289 (395) (216) (200) (236) (234) (155) (330) (394) (387) (395) (448) (185) Equine 144, , , , , ,178 87,602 90,725 88,509 85,055 80,528 89,491 (62) (210) (228) (242) (196) (102) (27) (146) (169) (169) (148) (68) Other 144, , ,075 96,706 96, ,386 73,144 77,280 81,727 95,696 97, ,581 (29) (49) (20) (26) (17) (12) (21) (19) (22) (17) (14) (10) Totl Privte Prctice 122, , , , , ,520 71,940 78,141 89,694 94,250 94,683 99,181 (1,165) (1,263) (1,148) (1,272) (1,105) (590) (674) (969) (846) (924) (940) (430) Weighted estimtes bsed on the AVMA membership.

58 AVMA Report on Veterinry Compenstion Pge 43 Tble 15. Men professionl income percentiles of veterinrins in privte prctice by ownership sttus, Percentile Owner Associte Food Exclusive 25th 103,000 91,000 88,000 85,000 67,000 67,000 64,000 70,000 50th 139, , , ,249 76,000 79,000 76,000 71,880 75th 196, , , ,099 97, ,000 94,000 96,794 90th 306, , , , , , , ,000 Food 25th 79,000 73,000 76,000 73,000 61,000 67,000 64,000 66,354 50th 103, , , ,139 67,000 73,000 76,000 71,500 75th 139, , , ,000 79,000 85,000 88,000 82,500 90th 193, , , ,000 91, , , ,500 Mixed 25th 73,000 67,000 76,000 60,000 61,000 61,000 64,000 65,000 50th 103, , , ,988 67,000 73,000 76,000 75,000 75th 157, , , ,000 85,000 85,000 88,000 84,000 90th 320, , , , , , , ,000 25th 67,000 73,000 88,000 74,000 61,000 61,000 64,000 67,737 50th 109, , , ,000 79,000 73,000 76,000 76,571 75th 181, , , ,000 97,000 97, ,000 94,000 90th 292, , , , , , , ,000 Exclusive 25th 85,000 91,000 88,000 79,000 67,000 73,000 76,000 73,000 50th 133, , , ,000 85,000 85,000 88,000 86,500 75th 228, , , , , , , ,000 90th 285, , , , , , , ,000 Equine 25th 73,000 67,000 70,000 71,000 55,000 61,000 52,000 56,392 50th 127, , , ,000 79,000 73,000 76,000 71,384 75th 235, , , , ,000 91, ,000 88,000 90th 340, , , , , , , ,000 Other 25th 85,000 43,000 64,000 63,000 61,000 67,000 64,000 62,811 50th 112,000 79,000 76,000 92,000 76,000 85,000 88,000 76,500 75th 178, , , ,500 91, , , ,000 90th 329, , , , , , , ,000 Totl Privte Prctice 25th 79,000 79,000 76,000 75,000 67,000 67,000 76,000 70,000 50th 121, , , ,000 79,000 85,000 88,000 84,000 75th 187, , , , , , , ,000 90th 285, , , , , , , ,000 Weighted estimtes bsed on the AVMA membership.

59 Pge 44 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 16. Men money nd rel professionl income of veterinrins by ownership sttus, Owner Men Money Income ($) 122, , , , , ,520 Money Income Index b Men Rel Income ($) c 117, , , , , ,393 Rel Income Index b Associte Men Money Income ($) 71,940 78,141 89,694 94,250 94,683 99,181 Money Income Index b Men Rel Income ($) c 69,242 70,859 76,612 77,803 74,546 78,323 Rel Income Index b Weighted estimtes bsed on the AVMA membership. b Stndrdized vlues (2003=1.00) to indicte chnge in money nd rel income over time. c Rel income expressed in 2003 dollrs, correcting for retil price infltion s mesured by the US Consumer Price Index.

60 AVMA Report on Veterinry Compenstion Pge 45 Tble 17. Professionl income of veterinrins in privte prctice by ownership sttus nd region, 2013 Men ($) Northest South Midwest West Medin ($) Owner Food Exclusive n n n n 190, ,493 n n Men ($) Medin ($) Men ($) Medin ($) Men ($) Medin ($) Food 78,172 71, ,323 90, , ,000 n n Mixed 139, , , , ,302 92, ,294 90, , , , , , , , ,000 Exclusive 181, , , , , , , ,000 Equine 199, , , ,000 73,331 66, ,884 90,000 Other n n n n n n n n Associte Food Exclusive n n n n 80,964 70,940 n n Food n n n n 75,390 70,000 n n Mixed n n 78,133 76,000 73,415 70,000 79,313 77,000 n n 78,894 80,612 72,347 72,000 89,333 89,000 Exclusive 130,282 95, ,683 87,000 79,951 79,000 96,001 87,000 Equine 78,354 77,000 78,315 62,437 70,306 62, ,200 99,000 Other n n n n n n n n n Insufficient number of usble responses.

61 Pge 46 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 17 (Continued). Stndrd error of professionl income of veterinrins in privte prctice by ownership sttus nd region, 2013 Stndrd Error ($) Northest South Midwest West Usble Responses (No.) Stndrd Error ($) Usble Responses (No.) Stndrd Error ($) Usble Responses (No.) Stndrd Error ($) Usble Responses (No.) Owner Food Exclusive n n n n 34, n n Food 15, , , n n Mixed 13, , , , , , , ,654 9 Exclusive 47, , , , Equine 40, , , , Other n n n n n n n n Associte Food Exclusive n n n n 5, n n Food n n n n 5, n n Mixed n n 7, , , n n 5, , , Exclusive 23, , , , Equine 7, , , , Other n n n n n n n n n Insufficient number of usble responses.

62 AVMA Report on Veterinry Compenstion Pge 47 Tble 18. Professionl income of veterinrins in privte prctice by ownership sttus nd gender, 2013 Men ($) Medin ($) Mle Femle Stndrd No. Error Observtions Men Medin ($) (No.) ($) ($) Stndrd Error ($) No. Observtions (No.) Owner Food Exclusive 166, ,512 19, n n n n Food 139, ,000 15, n n n n Mixed 145, ,318 10, ,621 60,045 10, , ,875 15, ,482 82,482 17, Exclusive 189, ,000 15, , ,000 15, Equine 172, ,942 18, ,323 90,500 11, Other n n n n n n n n Associte Food Exclusive 81,948 71,880 5, ,556 78,407 7,792 9 Food 88,511 82,500 7, ,335 67,275 3, Mixed 86,113 80,000 5, ,594 70,750 4, ,239 81,223 4, ,222 75,000 4, Exclusive 121,545 95,000 14, ,421 85,000 6, Equine 109, ,000 12, ,682 63,000 14, Other n n n n n n n n n Insufficient number of usble responses.

63 Pge 48 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 19. Professionl income percentiles of veterinrins in privte prctice by ownership sttus nd gender, 2013 Percentile Mle Femle 25 th 50 th 75 th 90 th 25 th 50 th 75 th 90 th Owner Food Exclusive 85, , , ,000 n n n n Food 75, , , ,577 n n n n Mixed 72, , , ,253 49,000 60, , ,000 90, , , ,000 60,000 82, , ,000 Exclusive 100, , , ,000 62, , , ,000 Equine 75, , , ,000 59,795 90, , ,500 Other n n n n n n n n Associte Food Exclusive 70,000 71,880 96, ,000 61,000 78, , ,000 Food 70,000 82,500 93, ,000 62,500 67,275 72,000 78,000 Mixed 72,650 80,000 95, ,000 57,500 70,750 80,000 90,000 65,000 81, , ,000 70,000 75,000 91, ,000 Exclusive 80,000 95, , ,678 71,500 85, , ,500 Equine 73, , , ,000 50,000 63,000 80,000 88,000 Other n n n n n n n n n Insufficient number of usble responses.

64 AVMA Report on Veterinry Compenstion Pge 49 Tble 20. Professionl income of veterinrins in privte prctice by gender, 2013 Men ($) Mle Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice 146, , , , , , , ,606 Femle 92,490 63,615 76,697 90, ,172 89,503 83, ,343 Medin ($) Mle 106, , , , , , , ,415 Femle 81,204 65,775 70,000 75,142 86,500 69,500 67,000 81,600 Stndrd Error ($) / Usble Responses Mle 15,637 12,903 8,506 12,993 11,599 14,698 31,073 5,422 (46) (52) (119) (88) (134) (93) (9) (541) Femle 11,167 3,895 5,382 7,515 6,845 9,705 15,106 4,221 Weighted estimtes bsed on the AVMA membership. (14) (16) (77) (69) (206) (77) (13) (472)

65 Pge 50 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 21. Professionl income of veterinrins in public or corporte employment by gender, 2013 Men ($) Mle College or University Federl Government Stte or Locl Government Uniformed Services Industry Other Totl Public or Corporte 135, ,417 91, , ,305 n 147,175 Femle 98, ,322 86,190 94, , , ,904 Medin ($) Mle 125, ,660 85, , ,662 n 134,000 Femle 95, ,400 82,438 95, , , ,000 Stndrd Error ($) / Usble Responses Mle 7,831 3,605 4,409 4,931 9,310 n 3,929 (77) (75) (53) (40) (70) n (322) Femle 4,809 4,569 2,830 6,913 13,184 25,917 3,637 Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses. (123) (66) (67) (35) (58) (10) (359)

66 AVMA Report on Veterinry Compenstion Pge 51 Tble 22. Professionl income percentiles of veterinrins in public or corporte employment by gender, th Percentile ($) Mle College or University Federl Government Stte or Locl Government Uniformed Services Industry Other Totl Public or Corporte 98, ,334 70,000 92, ,000 n 102,000 Femle 62,109 90,000 70,000 68, , ,000 70, th Percentile ($) Mle 125, ,660 85, , ,662 n 134,000 Femle 95, ,400 82,438 95, , , , th Percentile ($) Mle 170, , , , ,000 n 180,000 Femle 120, ,000 95, , , , , th Percentile ($) Mle 233, , , , ,198 n 235,000 Femle 165, , , , , , ,000 Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

67 Pge 52 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 23. Hours worked per week of veterinrins in privte prctice by ownership sttus, 2013 Men Medin Owner Associte Totl Stndrd Error Usble Responses Men Medin Stndrd Error Usble Responses Men Medin Stndrd Error Usble Responses Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice ,091 Weighted estimtes bsed on the AVMA membership.

68 AVMA Report on Veterinry Compenstion Pge 53 Tble 24. Hours worked per week percentiles of veterinrins in privte prctice by ownership sttus, 2013 Owner Associte Percentile 25 th 50 th 75 th 90 th 25 th 50 th 75 th 90 th Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice Weighted estimtes bsed on the AVMA membership.

69 Pge 54 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 25. Men hours worked per week of veterinrins in privte prctice by ownership sttus, Men Hours/ Usble Responses Food Exclusive Owner Associte (78) (147) (106) (104) (95) (43) (25) (81) (46) (49) (49) (22) Food (96) (138) (124) (155) (118) (51) (37) (52) (43) (58) (37) (23) Mixed (277) (329) (296) (343) (288) (146) (125) (159) (105) (143) (161) (68) (195) (200) (185) (185) (164) (107) (86) (122) (81) (92) (86) (62) Exclusive (341) (219) (202) (243) (240) (169) (266) (395) (401) (400) (448) (193) Equine (62) (212) (226) (243) (197) (109) (27) (148) (168) (167) (143) (71) Other (23) (48) (20) (27) (17) (17) (18) (19) (23) (17) (12) (10) Totl Privte Prctice Weighted estimtes bsed on the AVMA membership. (1,072) (1,293) (1,159) (1,300) (1,119) (642) (584) (976) (867) (926) (936) (449)

70 AVMA Report on Veterinry Compenstion Pge 55 Tble 26. Hours worked per week of veterinrins in privte prctice by ownership sttus nd gender, 2013 Men Medin Mle Femle Stndrd Error Usble Responses Men Medin Stndrd Error Usble Responses Owner Food Exclusive n n n n Food n n n n Mixed Exclusive Equine Other Totl Owner Associte Food Exclusive Food Mixed Exclusive Equine Other n n n n n n n n Totl Associte Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

71 Pge 56 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 27. Hours worked per week percentiles of veterinrins in privte prctice by ownership sttus nd gender, 2013 Mle Femle Percentile 25 th 50 th 75 th 90 th 25 th 50 th 75 th 90 th Owner Food Exclusive n n n n Food n n n n Mixed Exclusive Equine Other Totl Owner Associte Food Exclusive Food Mixed Exclusive Equine Other n n n n n n n n Totl Associte Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

72 AVMA Report on Veterinry Compenstion Pge 57 Tble 28. Income per hour of veterinrins in privte prctice by ownership sttus, 2013 Men ($) Medin ($) Stndrd Error ($) Usble Responses Owner Food Exclusive Food Mixed Exclusive Equine Other Totl Owner Associte Food Exclusive Food Mixed Exclusive Equine Other Totl Associte Totl Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice ,014 Weighted estimtes bsed on the AVMA membership.

73 Pge 58 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 29. Income per hour percentiles of veterinrins in privte prctice by ownership sttus, 2013 Percentile 25 th 50 th 75 th 90 th Owner Food Exclusive Food Mixed Exclusive Equine Other Totl Owner Associte Food Exclusive Food Mixed Exclusive Equine Other Totl Associte Totl Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice Weighted estimtes bsed on the AVMA membership.

74 AVMA Report on Veterinry Compenstion Pge 59 Tble 30. Men income per hour of veterinrins in privte prctice by ownership sttus, Men Income per Hour / Usble Responses Food Exclusive Owner Associte (77) (144) (104) (100) (93) (42) (25) (81) (44) (46) (48) (21) Food (92) (133) (121) (147) (115) (48) (36) (52) (39) (57) (37) (20) Mixed (271) (314) (280) (327) (278) (133) (121) (159) (101) (137) (157) (65) (192) (197) (177) (170) (155) (97) (86) (118) (80) (89) (83) (60) Exclusive (329) (216) (197) (233) (226) (155) (264) (394) (382) (386) (434) (183) Equine (61) (210) (219) (231) (186) (102) (27) (146) (160) (157) (133) (67) Other (22) (49) (19) (25) (17) (12) (18) (19) (22) (17) (12) (9) Totl Privte Prctice (1,044) (1,263) (1,117) (1,233) (1,070) (589) (577) (969) (828) (889) (904) (425) Weighted estimtes bsed on the AVMA membership.

75 Pge 60 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 31. Income per hour of veterinrins in privte prctice by ownership sttus nd gender, 2013 Men ($) Medin ($) Mle Femle Stndrd Error ($) Usble Responses Men ($) Medin ($) Stndrd Error ($) Usble Responses Owner Food Exclusive n n n n Food n n n n Mixed Exclusive Equine Other n n n n n n n n Totl Owner Associte Food Exclusive Food Mixed Exclusive Equine Other n n n n n n n n Totl Associte Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

76 AVMA Report on Veterinry Compenstion Pge 61 Tble 32. Income per hour of privte prctice owners by region, 2013 Men ($) Northest Food Exclusive Food Mixed Exclusive Equine Other n n South n n Midwest n West n n n Medin ($) Northest n n South n n Midwest n West n n n Stndrd Error ($) / Usble Responses Northest n n n (8) (10) (11) (17) (19) n South n n n (8) (33) (42) (58) (41) n Midwest n (24) (28) (48) (30) (40) (8) n West n n n n n (34) (9) (38) (31) n n Insufficient number of usble responses.

77 Pge 62 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 33. Income per hour of privte prctice ssocites by region, 2013 Men ($) Northest Food Exclusive Food Mixed Exclusive Equine Other n n n n n South n n n Midwest n West n n n Medin ($) Northest n n n n n South n n n Midwest n West n n n Stndrd Error ($) / Usble Responses Northest n n n n n n n n n (25) (13) n South n n n n n (22) (22) (70) (27) n Midwest n (10) (13) (26) (13) (42) (14) n West n n n n n (11) (15) (36) (10) n n Insufficient number of usble responses.

78 AVMA Report on Veterinry Compenstion Pge 63 Tble 34. Hours worked per week of veterinrins in public or corporte employment by gender, 2013 Men Medin Mle Femle Totl Stndrd Error Usble Responses Men Medin Stndrd Error Usble Responses Men Medin Stndrd Error Usble Responses College or University Federl Government Stte or Locl Government Uniformed Services Industry Other n n n n Totl Public or Corporte Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

79 Pge 64 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 35. Men hours worked per week of veterinrins in public or corporte employment, Men Hours / Usble Responses College or University (559) (233) (226) (251) (320) (200) Federl Government (204) (211) (178) (185) (236) (144) Stte or Locl Government b Uniformed Services b (293) (193) (156) (178) (204) (125) (258) (150) (117) (125) (120) (76) Industry (394) (300) (225) (213) (252) (134) Other (223) (133) (49) (56) (64) (18) Totl Public or Corporte (1,931) (1,220) (951) (1,008) (1,196) (697) Weighted estimtes bsed on the AVMA membership. b Corrected vlues for 2005, 2007, nd 2009.

80 AVMA Report on Veterinry Compenstion Pge 65 Tble 36. Income per hour of veterinrins in public or corporte employment by gender, 2013 Men Medin Mle Femle Totl Stndrd Error Usble Responses Men Medin Stndrd Error Usble Responses Men Medin Stndrd Error Usble Responses College or University Federl Government Stte or Locl Government Uniformed Services Industry Other n n n n Totl Public or Corporte Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

81 Pge 66 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 37. Income per hour percentiles of veterinrins in public or corporte employment by gender, 2013 Percentile Mle Femle Totl 25 th 50 th 75 th 90 th 25 th 50 th 75 th 90 th 25 th 50 th 75 th 90 th College or University Federl Government Stte or Locl Government Uniformed Services Industry Other n n n n Totl Public or Corporte Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

82 AVMA Report on Veterinry Compenstion Pge 67 Tble 38. Men income per hour of veterinrins in public or corporte employment, Men Hours / Usble Responses College or University (230) (225) (241) (310) (256) (198) Federl Government (210) (177) (178) (226) (218) (140) Stte or Locl Government b (193) (153) (172) (197) (164) (119) Uniformed Services b (147) (116) (121) (119) (127) (74) Industry (295) (222) (210) (245) (219) (128) Other (128) (48) (55) (63) (49) (17) Totl Public or Corporte (1,203) (941) (977) (1,160) (1,033) (676) Weighted estimtes bsed on the AVMA membership. b Corrected vlues for 2005, 2007, nd 2009.

83 Pge 68 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 39. Income per hour of veterinrins in public or corporte employment by region, 2013 Men ($) Northest College or University Federl Government Stte or Locl Government Uniformed Services Industry Other n n South n Midwest n n West n n Medin ($) Northest n n South n Midwest n n West n n Stndrd Error ($) / Usble Responses Northest n n (22) (8) (9) n (19) n South n (66) (91) (40) (51) (32) n Midwest n 4.94 n (67) (19) (37) n (45) n West n 7.39 n (36) (17) (28) n (28) n n Insufficient number of usble responses.

84 AVMA Report on Veterinry Compenstion Pge 69 Tble 40. Professionl income of privte prctice owners by yers since grdution, 2013 Men ($) 1 to 2 yers Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice n n n n n n n n 3 to 4 yers n n n n n n n 145,759 5 to 9 yers n n n n n n n 108, to 14 yers n n 92,570 n n n n 125, to 19 yers 142,982 n 85,828 n 141,168 86,222 n 135, to 24 yers n 161,565 97, , , ,585 n 158, yers or more 187, , , , , ,886 n 167,694 Medin ($) 1 or 2 yers n n n n n n n n 3 to 4 yers n n n n n n n 74,000 5 to 9 yers n n n n n n n 94, to 14 yers n n 73,000 n n n n 100, to 19 yers 107,500 n 67,000 n 115, ,000 n 110, to 24 yers n 165,725 68,500 97, , ,214 n 120, yers or more 124,000 84, , , , ,000 n 133,000 Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

85 Pge 70 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 40 (Continued). Stndrd error of professionl income of privte prctice owners by yers since grdution, 2013 Stndrd Error ($) / Usble Responses 1 to 2 yers Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice n n n n n n n n n n n n n n n n 3 to 4 yers n n n n n n n 34,721 n n n n n n n (13) 5 to 9 yers n n n n n n n 10,678 n n n n n n n (24) 10 to 14 yers n n 18,720 n n n n 13,382 n n (9) n n n n (35) 15 to 19 yers 42,119 n 14,831 n 22,964 16,756 n 13,676 (8) n (16) n (20) (10) n (61) 20 to 24 yers n 30,137 14,554 23,313 34,912 20,011 n 13,522 n (8) (20) (26) (22) (22) n (106) 25 yers or more 34,752 13,771 11,515 17,258 14,872 23,054 n 7,523 (23) (28) (80) (60) (98) (54) n (348) Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

86 AVMA Report on Veterinry Compenstion Pge 71 Tble 41. Professionl income of privte prctice ssocites by yers since grdution, 2013 Men ($) 1 to 2 yers Food Exclusive Food Mixed Exclusive Equine Totl Privte Prctice n n 65,275 n 79,156 68,841 77,758 3 to 4 yers n n 70,338 71,711 90, ,703 88,108 5 to 9 yers n n 75,697 75,296 97,025 81,298 92, to 14 yers n n 81,680 81, , , , to 19 yers n n n n 99,425 n 96, to 24 yers n n n 86,679 99,782 n 96, yers or more n n 84,733 n 92,676 n 93,406 Medin ($) 1 to 2 yers n n 58,788 n 75,000 61,000 73,000 3 to 4 yers n n 68,283 71,000 76,000 63,147 74,000 5 to 9 yers n n 83,746 72,500 86,500 80,000 80, to 14 yers n n 79,500 82,000 94,558 92,500 90, to 19 yers n n n n 85,678 n 85, to 24 yers n n n 90,000 90,000 n 87, yers or more n n 75,000 n 86,500 n 86,500 n Insufficient number of usble responses.

87 Pge 72 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 41 (Continued). Stndrd error of professionl income of privte prctice ssocites by yers since grdution, 2013 Stndrd Error ($) / Usble Responses 1 to 2 yers Food Exclusive Food Mixed Exclusive Equine Totl Privte Prctice n n 4,997 n 6,149 8,005 3,538 n n (11) n (17) (14) (50) 3 to 4 yers n n 3,363 3,796 6,317 33,622 5,569 n n (12) (9) (28) (19) (80) 5 to 9 yers n n 7,946 4,708 5,321 7,211 3,475 n n (10) (13) (34) (9) (73) 10 to 14 yers n n 3,998 9,234 27,139 17,046 16,478 n n (10) (11) (30) (8) (65) 15 to 19 yers n n n n 13,488 n 9,581 n n n n (22) n (39) 20 to 24 yers n n n 4,802 9,320 n 6,221 n n n (11) (31) n (59) 25 yers or more n n 16,611 n 26,731 n 16,444 n n (9) n (22) n (48) n Insufficient number of usble responses.

88 AVMA Report on Veterinry Compenstion Pge 73 Tble 42. Professionl income percentiles of privte prctice ssocites by yers since grdution, 2013 Food Exclusive Food Mixed Exclusive Equine 25 th Percentile ($) 1 to 2 yers n n 55,000 n 70,000 52,000 3 to 4 yers n n 63,748 63,395 66,000 57,783 5 to 9 yers n n 55,000 70,000 75,000 73, to 14 yers n n 73,000 53,000 86,000 72, to 19 yers n n n n 70,000 n 20 to 24 yers n n n 72,000 66,000 n 25 yers or more n n 72,650 n 73,000 n 50 th Percentile ($) 1 to 2 yers n n 58,788 n 75,000 61,000 3 to 4 yers n n 68,283 71,000 77,500 63,147 5 to 9 yers n n 83,746 75,000 82,500 80, to 14 yers n n 78,162 82,000 94,558 92, to 19 yers n n n n 85,678 n 20 to 24 yers n n n 90,000 90,000 n 25 yers or more n n 76,000 n 90,500 n 75 th Percentile ($) 1 to 2 yers n n 77,500 n 86,500 80,000 3 to 4 yers n n 76,500 74, ,000 80,000 5 to 9 yers n n 95,000 89, ,056 88, to 14 yers n n 85, , , , to 19 yers n n n n 100,000 n 20 to 24 yers n n n 98, ,000 n 25 yers or more n n 136,000 n 105,300 n 90 th Percentile ($) 1 to 2 yers n n 80,000 n 95,000 85,000 3 to 4 yers n n 80,000 93, , ,834 5 to 9 yers n n 102,740 97, , , to 14 yers n n 98, , , , to 19 yers n n n n 131,160 n 20 to 24 yers n n n 110, ,700 n 25 yers or more n n 200,000 n 205,000 n n Insufficient number of usble responses.

89 Pge 74 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 43. Professionl income of veterinrins in public or corporte employment by yers since grdution, 2013 Men ($) Medin ($) Stndrd Error ($) Usble Responses 1 to 2 yers 70,719 58,743 10,517 (20) 3 to 4 yers 70,981 65,000 4,896 (28) 5 to 9 yers 99, ,000 6,646 (38) 10 to 14 yers 119, ,000 8,194 (70) 15 to 19 yers 135, ,000 7,943 (79) 20 to 24 yers 134, ,242 5,527 (132) 25 yers or more 153, ,303 4,147 (299) Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

90 AVMA Report on Veterinry Compenstion Pge 75 Tble 44. Professionl income of veterinrins by yers since grdution by employment type nd gender, 2013 Men ($) 1 to 2 yers All Privte Prctice Owners All Privte Prctice Assocites All Public nd Corporte Veterinrins Mle Femle Mle Femle Mle Femle n n 77,859 78,155 93,929 58,029 3 to 4 yers 105,428 n 76,872 89,412 66,756 72,696 5 to 9 yers 112,915 80, ,282 87, ,927 90, to 14 yers 156, , , , , , to 19 yers 188, , ,825 79, , , to 24 yers 201, , ,623 89, , , yers or more 173, , ,433 97, , ,447 Medin ($) 1 to 2 yers n n 84,000 73,000 98,000 45,000 3 to 4 yers 72,000 n 72,000 75,000 75,000 65,000 5 to 9 yers 111,885 72,000 97,000 79, ,000 95, to 14 yers 150,000 76,100 90,000 92, , , to 19 yers 150,000 85, ,000 75, , , to 24 yers 142,332 99, ,000 80, , , yers or more 150, ,000 85,000 93, , ,000 Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

91 Pge 76 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 44 (Continued). Stndrd error of veterinrins by yers since grdution by employment type nd gender, 2011 Stndrd Error ($) / Usble Responses 1 to 2 yers All Privte Prctice Owners All Privte Prctice Assocites All Public nd Corporte Veterinrins Mle Femle Mle Femle Mle Femle n n 3,249 4,308 20,913 10,097 n n (11) (39) (8) (12) 3 to 4 yers 37,460 n 4,735 6,426 7,223 6,371 (8) n (13) (66) (9) (19) 5 to 9 yers 9,611 11,776 9,068 3,624 17,216 6,037 (14) (9) (19) (53) (9) (29) 10 to 14 yers 21,278 18,195 5,182 22,644 11,612 10,756 (14) (17) (18) (47) (22) (48) 15 to 19 yers 24,417 12,837 22,279 6,280 10,548 11,219 (29) (29) (15) (24) (30) (49) 20 to 24 yers 22,653 8,917 10,075 7,809 9,559 5,961 (58) (46) (19) (40) (58) (73) 25 yers or more 8,000 19,782 25,564 10,423 5,253 6,826 (278) (63) (32) (16) (184) (112) Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

92 AVMA Report on Veterinry Compenstion Pge 77 Tble 45. Professionl income of veterinrins in privte prctice by prctice size, 2013 Men ($) 1 (1 to 1.5) Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice 134, , , , , , , ,640 2 (1.6 to 2.5) n n 106, , ,220 83,828 n 119,790 3 (2.6 to 3.5) n n 92,780 n 128,593 n n 123,177 4 (3.6 or more) 184, , , , , ,845 n 146,214 Medin ($) 1 (1 to 1.5) 96,778 82,500 80,000 92,000 95,000 88,000 83,000 94,000 2 (1.6 to 2.5) n n 76,824 85,737 87,500 63,074 n 85,000 3 (2.6 to 3.5) n n 84,000 n 95,000 n n 90,000 4 (3.6 or more) 100, , ,000 85,000 97, ,000 n 97,000 Stndrd Error ($) / Usble Responses 1 (1 to 1.5) 14,837 10,671 6,798 8,634 7,527 9,710 20,619 3,986 (46) (46) (127) (105) (213) (115) (17) (669) 2 (1.6 to 2.5) n n 17,271 21,208 40,353 11,414 n 16,221 n n (11) (10) (14) (14) n (56) 3 (2.6 to 3.5) n n 11,304 n 34,071 n n 14,839 n n (15) n (11) n n (42) 4 (3.6 or more) 59,452 30,456 15,249 25,230 12,574 30,166 n 8,230 Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses. (12) (17) (46) (35) (102) (37) n (253)

93 Pge 78 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 46. Professionl income of veterinrins in privte prctice by community popultion, 2013 Men ($) Less thn 2,500 Food Exclusive Food Mixed Exclusive Equine Other 143, , ,435 92,892 n 83,470 n 2,500 to 49, , , , , , ,130 n 50,000 to 499, ,379 n 119, , , , , ,000 or more n n n 266, , ,916 n Medin ($) Less thn 2,500 84,500 86,500 84,000 90,000 n 73,073 n 2,500 to 49, ,000 80,000 83,492 91,000 87,500 79,000 n 50,000 to 499, ,517 n 90,000 95, ,000 80,000 86, ,000 or more n n n 160, , ,500 n Stndrd Error ($) / Usble Responses Less thn 2,500 49,421 10,145 9,516 8,435 n 15,588 n (14) (34) (57) (17) n (10) n 2,500 to 49,999 15,513 18,752 7,622 8,740 10,148 19,750 n (40) (34) (119) (93) (122) (61) n 50,000 to 499,999 44,967 n 25,228 16,768 7,841 14,507 31,558 (8) n (19) (37) (134) (59) (8) 500,000 or more n n n 88,276 18,368 15,661 n n Insufficient number of usble responses. n n n (8) (76) (40) n

94 AVMA Report on Veterinry Compenstion Pge 79 Tble 47. Professionl income of veterinrins in privte prctice by region, 2013 Men ($) Northest Food Exclusive Food Mixed Exclusive Equine Other 89,435 74, , , , ,144 n South n 102, , , , ,920 n Midwest 158, , , , ,081 71,406 n West 244,252 n 102, , , , ,223 Medin ($) Northest 89,500 74, , , , ,962 n South n 90,070 85,000 90, ,000 90,000 n Midwest 102,500 85,000 75,000 95,000 84,000 63,000 n West 235,000 n 80,000 91,000 95,000 91, ,892 Stndrd Error ($) / Usble Responses Northest 11,199 10,532 12,599 39,390 23,691 26,282 n (14) (12) (13) (17) (42) (32) n South n 14,543 11,001 13,110 11,140 14,878 n n (10) (56) (64) (129) (68) n Midwest 25,454 15,196 9,802 11,267 11,735 6,701 n (34) (41) (74) (43) (83) (22) n West 44,375 n 9,648 22,163 9,969 21,653 28,575 n Insufficient number of usble responses. (6) n (45) (24) (74) (41) (8)

95 Pge 80 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 48. Professionl income of veterinrins in public or corporte employment by region, 2013 Men ($) Northest College or University Federl Government Stte or Locl Government Uniformed Services Industry Other 95, ,024 95,184 n 184,266 n South 109, ,878 89, , ,120 n Midwest 107, ,299 82,496 n 188,508 n West 136, ,233 93,884 n 195,024 n Medin ($) Northest 76, ,604 90,000 n 160,000 n South 103, ,000 82, , ,000 n Midwest 105,205 96,067 78,500 n 168,973 n West 122, ,500 88,500 n 182,500 n Stndrd Error ($) / Usble Responses Northest South Midwest 16,094 8,209 8,223 n 29,864 n (22) (8) (9) n (19) n 6,790 3,420 5,525 5,816 12,778 n (67) (91) (41) (51) (32) n 5,775 5,688 2,661 n 12,037 n (68) (19) (37) n (45) n West 13,529 11,556 5,429 n 18,194 n n Insufficient number of usble responses. (36) (18) (28) n (28) n

96 AVMA Report on Veterinry Compenstion Pge 81 Tble 49. Percentge of privte prctice owners receiving fringe benefits, 2013 Fringe Benefits Food Exclusive (%) Food (%) Mixed (%) (%) Exclusive (%) None Provided Medicl Pln Dentl Pln Disbility Insurnce Life Insurnce Libility Insurnce Pid Sick Leve Pid Vction Leve Pid Legl Holidys Continuing Eduction Leve Continuing Eduction Expenses Licenses Assocition Dues Retirement Pln Employer Mtch Retirement Profit Shring Pln Personl Use of Vehicle Discounted Pet Cre Other Equine (%) Other (%) Totl Privte Prctice (%) Usble Responses (43) (53) (148) (108) (169) (109) (17) (647) Weighted estimtes bsed on the AVMA membership.

97 Pge 82 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 50. Percentge of privte prctice ssocites receiving fringe benefits, 2013 Fringe Benefits Food Exclusive (%) Food (%) Mixed (%) (%) Exclusive (%) Equine (%) Other (%) Totl Privte Prctice (%) None Provided Medicl Pln Dentl Pln Disbility Insurnce Life Insurnce Libility Insurnce Pid Sick Leve Pid Vction Leve Pid Legl Holidys Continuing Eduction Leve Continuing Eduction Expenses Licenses Assocition Dues Retirement Pln Employer Mtch Retirement Profit Shring Pln Personl Use of Vehicle Discounted Pet Cre Other Usble Responses (22) (23) (69) (62) (194) (72) (10) (452) Weighted estimtes bsed on the AVMA membership.

98 AVMA Report on Veterinry Compenstion Pge 83 Tble 51. Percentge of veterinrins in public or corporte employment receiving fringe benefits, 2013 Fringe Benefits College or University (%) Federl Government (%) Stte or Locl Government (%) Uniformed Services (%) Industry (%) Other (%) Totl Public or Corporte (%) None Provided Medicl Pln Dentl Pln Disbility Insurnce Life Insurnce Libility Insurnce Pid Sick Leve Pid Vction Leve Pid Legl Holidys Continuing Eduction Leve Continuing Eduction Expenses Licenses Assocition Dues Retirement Pln Employer Mtch Retirement Profit Shring Pln Personl Use of Vehicle Discounted Pet Cre Other Usble Responses (203) (144) (126) (79) (136) (18) (706) Weighted estimtes bsed on the AVMA membership.

99 Pge 84 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 52. Professionl income of veterinrins in privte prctice by degree, 2013 Men ($) DVM Only Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice 141, , , , , , , ,874 Msters n n 92,383 99, , ,609 n 116,629 Doctorte (Ph.D.) n n n n n n n 98,766 J.D., M.D., etc. n n n n n n n 68,253 Medin ($) DVM Only 100,000 82,500 82,478 90,000 95,000 85,000 70,000 93,433 Msters n n 100, ,000 96, ,000 n 100,000 Doctorte (Ph.D.) n n n n n n n 66,000 J.D., M.D., etc. n n n n n n n 72,000 Stndrd Error ($) / Usble Responses DVM Only 17,181 11,525 6,227 9,396 6,980 10,599 17,126 3,870 (56) (62) (185) (135) (304) (151) (19) (912) Msters n n 11,994 12,361 10,881 10,944 n 6,719 n n (12) (15) (33) (17) n (92) Doctorte (Ph.D.) n n n n n n n 17,017 n n n n n n n (12) J.D., M.D., etc. n n n n n n n n Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses. n n n n n n n n

100 AVMA Report on Veterinry Compenstion Pge 85 Tble 53. Professionl income of veterinrins in public or corporte employment by degree, 2013 Men ($) DVM Only College or University Federl Government Stte or Locl Government Uniformed Services Industry Other Totl Public or Corporte 97, ,749 87, , , , ,474 Msters 116, ,549 90, , ,639 n 137,405 Doctorte (Ph.D.) 141, , ,563 n 232,794 n 161,015 J.D., M.D., etc. n n n n n n n Medin ($) DVM Only 90, ,871 83,000 95, , , ,000 Msters 114, ,660 85, , ,000 n 127,000 Doctorte (Ph.D.) 120, ,232 82,500 n 205,500 n 135,000 J.D., M.D., etc. n n n n n n n Stndrd Error ($) / Usble Responses DVM Only 5,283 3,225 2,470 5,688 8,133 19,023 2,882 (106) (98) (92) (51) (76) (11) (434) Msters 8,268 9,464 5,760 6,104 19,836 n 6,397 (44) (21) (19) (20) (27) n (134) Doctorte (Ph.D.) 10,153 7,153 21,399 n 21,464 n 8,051 (51) (21) (8) n (24) n (113) J.D., M.D., etc. n n n n n n n Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses. n n n n n n n

101 Pge 86 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 54. Professionl income of veterinrins in privte prctice for veterinrins completing residencies nd internships, 2013 Men ($) DVM Only Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice 143, , , , , , , ,691 Internship n n 83, , , ,300 n 101,194 Residency n n n n 181, ,781 n 171,726 Medin ($) DVM Only 98,397 85,000 87,500 90,500 94, ,000 89,000 93,000 Internship n n 76,250 98,900 85,199 75,000 n 84,000 Residency n n n n 145, ,000 n 135,080 Stndrd Error ($) / Usble Responses DVM Only 16,450 10,655 6,298 9,184 7,560 16,968 21,089 4,095 (60) (68) (180) (140) (254) (77) (17) (796) Internship n n 10,999 11,665 11,427 13,211 n 6,640 n n (16) (12) (48) (66) n (147) Residency n n n n 19,372 12,177 n 12,978 Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses. n n n n (38) (27) n (77)

102 AVMA Report on Veterinry Compenstion Pge 87 Tble 55. Professionl income of veterinrins in public or corporte employment for veterinrins completing residencies nd internships, 2013 Men ($) DVM Only College or University Federl Government Stte or Locl Government Uniformed Services Industry Other Totl Public or Corporte 113, ,029 88, , , , ,708 Internship 59, ,733 83,047 n 165,064 n 100,296 Residency 122, ,603 94, , ,573 n 139,005 Medin ($) DVM Only 102, ,000 83, , , , ,200 Internship 41, ,330 82,500 n 140,885 n 90,784 Residency 114, ,155 85, , ,000 n 120,000 Stndrd Error ($) / Usble Responses DVM Only 7,239 3,208 2,516 5,670 9,035 10,939 3,176 (67) (105) (88) (51) (79) (8) (398) Internship 8,502 6,505 7,693 n 24,030 n 9,291 (22) (14) (12) n (14) n (68) Residency 5,902 8,822 9,265 7,131 16,147 n 5,192 Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses. (112) (22) (20) (22) (36) n (219)

103 Pge 88 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 56. Professionl income of veterinrins in privte prctice by yers since internship, 2013 Men ($) 1 or 2 yers Internship Only Internship nd Residency 78, ,323 3 to 4 yers 80,426 n 5 to 9 yers 95,304 n 10 to 14 yers 103, , to 19 yers 65, , to 24 yers 118, , yers or more 165, ,215 Medin ($) 1 or 2 yers 73, ,000 3 to 4 yers 73,000 n 5 to 9 yers 84,000 n 10 to 14 yers 90, , to 19 yers 60, , to 24 yers 90, , yers or more 100, ,000 Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

104 AVMA Report on Veterinry Compenstion Pge 89 Tble 56 (Continued). Professionl income of veterinrins in privte prctice by yers since internship, 2013 Stndrd Error ($) / Usble Responses 1 or 2 yers Internship Only Internship nd Residency 10,364 13,676 (40) (10) 3 to 4 yers 3,740 n (20) n 5 to 9 yers 6,136 n (20) n 10 to 14 yers 12,385 14,207 (18) (10) 15 to 19 yers 8,798 51,490 (11) (8) 20 to 24 yers 20,431 41,674 (10) (9) 25 yers or more 28,164 42,024 Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses. (27) (17)

105 Pge 90 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 57. Professionl income of veterinrins in privte prctice with dvnced eduction by type of internship progrm, 2013 Men ($) Privte Referrl Prctice Internship Only Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses. Internship nd Residency 97, ,572 Privte Prctice 104,487 87,226 Acdemic 105, ,763 Not-for-profit n n Corporte prctice n n Other n n Medin ($) Privte Referrl Prctice 84, ,000 Privte Prctice 89,000 85,000 Acdemic 84, ,000 Not-for-profit n n Corporte prctice n n Other n n Stndrd Error ($) / Usble Responses Privte Referrl Prctice 11,021 20,206 (63) (24) Privte Prctice 11,307 n (51) n Acdemic 12,536 24,094 (30) (34) Not-for-profit n n n n Corporte prctice n n n n Other n n n n

106 AVMA Report on Veterinry Compenstion Pge 91 Tble 58. Professionl income of veterinrins in privte prctice with dvnced eduction by species focus, 2013 Internship nd Internship Only Residency Men ($) 98, ,868 Equine 102, ,666 Exotic or Zoologicl n n Food n n Mixed 108,081 n Other n n Medin ($) 86, ,000 Equine 79,627 90,000 Exotic or Zoologicl n n Food n n Mixed 100,000 n Other n n Stndrd Error ($) / Usble Responses 10,582 24,429 (26) (27) Equine 9,115 11,188 (101) (32) Exotic or Zoologicl n n n n Food n n n n Mixed 39,751 n (13) n Other n n n n n Insufficient number of usble responses.

107 Pge 92 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 59. Professionl income of veterinrins in public or corporte employment by yers since internship, 2013 Men ($) 1 or 2 yers Internship Only Internship nd Residency 32,776 42,901 3 to 4 yers n n 5 to 9 yers n 140, to 14 yers 82, , to 19 yers 126, , to 24 yers 155, , yers or more 160, ,548 Medin ($) 1 or 2 yers 30,000 36,000 3 to 4 yers n n 5 to 9 yers n 107, to 14 yers 90, , to 19 yers 90, , to 24 yers 130, , yers or more 147, ,010 Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

108 AVMA Report on Veterinry Compenstion Pge 93 Tble 59 (Continued). Professionl income of veterinrins in public or corporte employment by yers since internship, 2013 Stndrd Error ($) / Usble Responses 1 or 2 yers Internship Only Internship nd Residency 3,361 9,449 (12) (9) 3 to 4 yers n n n n 5 to 9 yers n 38,718 n (8) 10 to 14 yers 7,384 12,031 (13) (8) 15 to 19 yers 26,123 9,032 (9) (14) 20 to 24 yers 31,105 17,546 (9) (13) 25 yers or more 18,484 22,775 Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses. (16) (14)

109 Pge 94 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 60. Professionl income of veterinrins in public or corporte employment with dvnced eduction by type of internship progrm, 2013 Men ($) Privte Referrl Prctice Internship Only Internship nd Residency 73,595 89,122 Privte Prctice n n Acdemic 91, ,475 Not-for-profit n n Corporte prctice n n Other 152,806 n Medin ($) Privte Referrl Prctice 45,000 91,000 Privte Prctice n n Acdemic 90, ,000 Not-for-profit n n Corporte prctice n n Other 118,000 n Stndrd Error ($) / Usble Responses Privte Referrl Prctice 14,799 12,401 (17) (10) Privte Prctice n n n n Acdemic 10,996 12,525 (32) (46) Not-for-profit n n n n Corporte prctice n n n n Other 30,700 n Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses. (11) n

110 AVMA Report on Veterinry Compenstion Pge 95 Tble 61. Professionl income of veterinrins in public or corporte employment with dvnced eduction by species focus, 2013 Internship nd Internship Only Residency Men ($) 72, ,559 Equine 70, ,499 Exotic or Zoologicl n n Food 170,045 n Mixed n n Other 163, ,316 Medin ($) 50, ,409 Equine 90, ,000 Exotic or Zoologicl n n Food 123,000 n Mixed n n Other 140, ,000 Stndrd Error ($) / Usble Responses 9,702 12,683 (30) (31) Equine 11,070 17,591 (11) (16) Exotic or Zoologicl n n n n Food 29,204 n (9) n Mixed n n n n Other 27,480 39,365 (12) (8) n Insufficient number of usble responses.

111 Pge 96 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 62. Professionl income of veterinrins in privte prctice by specilty bord certifiction, 2013 Men ($) Medin ($) DVM Only Bord-Certified Stndrd Error ($) Usble Responses Men ($) Medin ($) Stndrd Error ($) Usble Responses Food Exclusive 141,586 96,778 16, n n n n Food 116,044 85,000 10, n n n n Mixed 111,872 84,000 5, n n n n 122,741 92,500 8, n n n n Exclusive 126,740 92,000 6, , ,000 16, Equine 126,164 80,000 11, , ,417 10, Other 124,822 86,000 19, n n n n Totl Privte Prctice 125,045 90,000 3, , ,000 10, Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

112 AVMA Report on Veterinry Compenstion Pge 97 Tble 63. Professionl income percentiles of veterinrins in privte prctice by specilty bord certifiction, 2013 Percentile DVM Only Bord-Certified 25 th 50 th 75 th 90 th 25 th 50 th 75 th 90 th Food Exclusive 70,000 96, , ,000 n n n n Food 66,550 85, , ,000 n n n n Mixed 60,045 84, , ,000 n n n n 71,500 92, , ,000 n n n n Exclusive 72,000 92, , , , , , ,000 Equine 59,898 80, , ,000 90, , , ,000 Other 64,906 86, , ,000 n n n n Totl Privte Prctice 70,000 90, , , , , , ,000 Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

113 Pge 98 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 64. Professionl income of veterinrins in public or corporte employment by specilty bord certifiction, 2013 Men ($) Medin ($) DVM Only Bord-Certified Stndrd Error ($) Usble Responses Men ($) Medin ($) Stndrd Error ($) Usble Responses College or University 78,126 68,500 5, , ,254 5, Federl Government 111, ,410 3, , ,000 4, Stte or Locl Government 89,771 83,750 2, ,826 82,000 4, Uniformed Services 85,787 85,648 5, , ,469 5, Industry 166, ,000 9, , ,662 12, Other 119, ,500 26, , ,000 18,674 9 Totl Public or Corporte 109,479 95,000 3, , ,000 3, Weighted estimtes bsed on the AVMA membership.

114 AVMA Report on Veterinry Compenstion Pge 99 Tble 65. Professionl income percentiles of veterinrins in public or corporte employment by specilty bord certifiction, 2013 DVM Only Bord-Certified 25 th 50 th 75 th 90 th 25 th 50 th 75 th 90 th College or University 37,000 68, , , , , , ,000 Federl Government 89, , , , , , , ,000 Stte or Locl Government 70,000 83, , ,000 70,000 82,000 95, ,971 Uniformed Services 68,000 85,648 96, , , , , ,899 Industry 114, , , , , , , ,000 Other 80, , , , , , , ,000 Totl Public or Corporte 65,000 95, , , , , , ,000 Weighted estimtes bsed on the AVMA membership.

115 Pge 100 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 66. Professionl income of veterinrins in privte prctice by specilty bord certifiction nd gender, 2013 Mle Men ($) Medin ($) DVM Only Bord-Certified Stndrd Error ($) Usble Responses Men ($) Medin ($) Stndrd Error ($) Usble Responses Food Exclusive 144, ,000 16, n n n n Food 129, ,070 12, n n n n Mixed 133, ,000 8, n n n n 148, ,000 13, n n n n Exclusive 160, ,000 12, , ,000 35, Equine 164, ,000 18, , ,457 10, Other n n n n n n n n Femle Food Exclusive 92,490 81,204 11, n n n n Food 63,615 65,775 3, n n n n Mixed 76,216 69,800 5, n n n n 90,450 75,142 7, n n n n Exclusive 104,590 82,800 7, , ,000 13, Equine 87,072 69,500 10, n n n n Other 83,370 67,000 15, n n n n Totl Privte Prctice 124,723 90,000 3, , ,000 10, Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

116 AVMA Report on Veterinry Compenstion Pge 101 Tble 67. Professionl income of veterinrins in privte prctice by specilty bord certifiction nd ownership sttus, 2013 Men ($) Medin ($) DVM Only Bord-Certified Stndrd Error ($) Usble Responses Men ($) Medin ($) Stndrd Error ($) Usble Responses Owner Food Exclusive 175, ,256 24, n n n n Food 132, ,139 14, n n n n Mixed 128, ,994 8, n n n n 148, ,000 12, n n n n Exclusive 162, ,000 11, , ,868 32, Equine 154, ,988 16, , ,402 13, Other 129,063 92,000 28, n n n n Associte Food Exclusive 77,322 71,440 3, n n n n Food 76,923 71,500 4, n n n n Mixed 77,816 75,000 3, n n n n 80,013 78,000 2, n n n n Exclusive 95,682 84,000 6, , ,000 16, Equine 86,744 67,823 11, , ,250 16,036 8 Other 120,581 76,500 27, n n n n Totl Privte Prctice 125,045 90,000 3, , ,000 10, Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

117 Pge 102 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 68. Professionl income of veterinrins in public or corporte employment by specilty bord certifiction nd gender, 2013 Mle Femle Men ($) Medin ($) DVM Only Bord-Certified Stndrd Error ($) Usble Responses Men ($) Medin ($) Stndrd Error ($) Usble Responses College or University 103,810 95,000 11, , ,000 9, Federl Government 114, ,000 3, , ,457 6, Stte or Locl Government 92,037 85,000 4, n n n n Uniformed Services 99,687 92,500 7, , ,970 5, Industry 187, ,500 12, , ,256 13, Other n n n n n n n n College or University 65,960 65,000 4, , ,500 6, Federl Government 108, ,000 6, , ,000 5, Stte or Locl Government 87,596 82,719 3, ,057 80,000 4, Uniformed Services 77,007 80,000 6, , ,500 10, Industry 140, ,114 15, , ,500 21, Other n n n n n n n n Totl Public or Corporte 109,132 95,000 3, , ,000 3, Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

118 AVMA Report on Veterinry Compenstion Pge 103 Tble 69. Professionl income of veterinrins by specilty bord certifiction, 2013 Men ($) Medin ($) Stndrd Error ($) Usble Responses DVM Only 118,660 90,000 2,701 1,330 Anesthesiologists n n n n Welfre n n n n Behviorists n n n n Clinicl Phrmcology n n n n Dentl College n n n n Dermtology n n n n Emergency nd Criticl Cre n n n n Internl Medicine 152, ,626 12, Lb Medicine 168, ,000 8, Microbiologists n n n n Nutrition n n n n Ophthlmologists n n n n Pthologists 167, ,000 14, Poultry 148, ,271 15, Preventtive Medicine 116, ,000 4, Rdiology 131, ,500 17,529 8 Sports Medicine n n n n Surgeons 152, ,417 16, Theriogenologists 142, ,500 10,830 8 Toxicology n n n n Veterinry Prctitioners 132, ,000 9, Zoologicl Medicine n n n n Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

119 Pge 104 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 70. Professionl income percentiles of veterinrins by specilty bord certifiction, 2013 Percentile 25 th 50 th 75 th 90 th DVM Only 69,000 90, , ,500 Anesthesiologists n n n n Welfre n n n n Behviorists n n n n Clinicl Phrmcology n n n n Dentl College n n n n Dermtology n n n n Emergency nd Criticl Cre n n n n Internl Medicine 101, , , ,000 Lb Medicine 125, , , ,000 Microbiologists n n n n Nutrition n n n n Ophthlmologists n n n n Pthologists 106, , , ,506 Poultry 102, , , ,000 Preventtive Medicine 90, , , ,899 Rdiology 102, , , ,000 Sports Medicine n n n n Surgeons 90, , , ,500 Theriogenologists 127, , , ,000 Toxicology n n n n Veterinry Prctitioners 103, , , ,000 Zoologicl Medicine n n n n Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses.

120 AVMA Report on Veterinry Compenstion Pge 105 Tble 71. Personl gross revenue of veterinrins in privte prctice by ownership sttus, 2013 Men ($) Owner Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice 674, , , , , , ,018 Associte 213, , , , , , , ,103 Medin ($) Owner 250, , , , , , , ,000 Associte 119, , , , , , , ,000 Stndrd Error ($) / Usble Responses Owner 221,188 66,153 29, , ,242 40, ,761 (41) (50) (140) (101) (159) (106) (13) (610) Associte 52,659 30,533 25,283 24,251 20,154 30, ,093 12,936 Weighted estimtes bsed on the AVMA membership. (18) (19) (57) (48) (157) (61) (8) (368)

121 Pge 106 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 72. Personl gross revenue percentiles of veterinrins in privte prctice by ownership sttus, th Percentile ($) Owner Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice 180, , , , , , , ,000 Associte 74,604 70,000 75,000 72,000 87,000 75,000 75,000 83, th Percentile ($) Owner 250, , , , , , , ,000 Associte 119, , , , , , , , th Percentile ($) Owner 447, , , , , , , ,000 Associte 200, , , , , , , , th Percentile ($) Owner 769, , , , , ,000 1,170, ,000 Associte 750, , , , , ,000 1,500, ,000 Weighted estimtes bsed on the AVMA membership.

122 AVMA Report on Veterinry Compenstion Pge 107 Tble 73. Personl gross revenue of services for veterinrins in privte prctice by ownership sttus, 2013 Men ($) Owner Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice 291, , , , , , , ,380 Associte 125, , , , , ,251 n 233,224 Medin ($) Owner 153, , , , , , , ,088 Associte 110, , ,000 90, , ,000 n 160,000 Stndrd Error ($) / Usble Responses Owner 65,944 19,191 16,333 27,750 18,332 25, ,687 12,090 (40) (50) (130) (95) (140) (100) (12) (567) Associte 17,089 17,780 19,360 21,281 21,674 30,145 n 12,439 Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses. (18) (19) (45) (41) (109) (45) n (284)

123 Pge 108 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 74. Personl gross product sles revenue of veterinrins in privte prctice by ownership sttus, 2013 Men ($) Owner Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice 509, , , , , , , ,953 Associte 195,681 77, ,286 58,764 86, ,078 n 99,236 Medin ($) Owner 71, ,000 95, , ,000 60,000 68, ,000 Associte 65,000 77,500 94,384 40,000 50,000 41,500 n 50,000 Stndrd Error ($) / Usble Responses Owner 209,091 56,782 28,039 19,235 8,580 19, ,872 14,420 (37) (47) (124) (91) (124) (87) (11) (521) Associte 62,513 19,574 13,787 11,766 9, ,499 n 19,302 Weighted estimtes bsed on the AVMA membership. n Insufficient number of usble responses. (13) (14) (37) (31) (80) (42) n (219)

124 AVMA Report on Veterinry Compenstion Pge 109 Tble 75. Personl gross revenue percentiles of veterinrins in privte prctice by ownership sttus nd gender, th Percentile ($) Owner Food Exclusive Food Mixed Exclusive Equine Gender Gender Gender Gender Gender Gender Mle Femle Mle Femle Mle Femle Mle Femle Mle Femle Mle Femle 199, , ,500 80, ,958 82, , , , , , ,000 Associte 98,000 70,000 85,000 70, ,972 63,000 80,000 72,000 95,000 80, ,000 63, th Percentile ($) Owner 250, , , , , , , , , , , ,000 Associte 176,190 72, ,000 78, , , ,000 92, , , , , th Percentile ($) Owner 447, , , , , , , , , , , ,000 Associte 450,000 84, , , , , , , , , , , th Percentile ($) Owner 769, , , , , , , , , ,000 Associte 750, , , , , , , , , , , ,000

125 Pge 110 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 76. Income to personl gross revenue rtio of veterinrins in privte prctice by ownership sttus, 2013 Men ($) Owner Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice Associte Medin ($) Owner Associte Stndrd Error ($) / Usble Responses Owner (40) (47) (127) (93) (150) (100) (11) (568) Associte Weighted estimtes bsed on the AVMA membership. (17) (17) (56) (46) (152) (56) (8) (352)

126 AVMA Report on Veterinry Compenstion Pge 111 Tble 77. Income to personl gross revenue rtio percentiles of veterinrins in privte prctice by ownership sttus, th Percentile ($) Owner Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice Associte th Percentile ($) Owner Associte th Percentile ($) Owner Associte th Percentile ($) Owner Associte Weighted estimtes bsed on the AVMA membership.

127 Pge 112 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 78. Income to personl gross revenue rtio percentiles of veterinrins in privte prctice by gender nd ownership sttus, th Percentile ($) Food Exclusive Food Mixed Exclusive Equine Mle Femle Mle Femle Mle Femle Mle Femle Mle Femle Mle Femle Owner Associte th Percentile ($) Owner Associte th Percentile ($) Owner Associte th Percentile ($) Owner Associte

128 AVMA Report on Veterinry Compenstion Pge 113 Tble 79. Medin percent of time spent on species by veterinrins in privte prctice by ownership sttus, 2013 Food Exclusive Food Mixed Exclusive Equine Other Owner Birds Associte Cts Dogs Other Pets Horses Diry Cttle Beef Cttle Swine Poultry Sheep/gots Other Livestock Birds Cts Dogs Other Pets Horses Diry Cttle Beef Cttle Swine Poultry Sheep/gots Other Livestock

129 Pge 114 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 80. Income, hours worked per week, nd income per hour of relief veterinrins in privte prctice, 2013 Professionl Income Hours per Week Income per Hour Exclusive Totl Privte Prctice Men ($) 85,091 78,358 Medin ($) 82,075 75,000 Stndrd Error ($) 10,505 8,622 Usble Responses (14) (21) Men Medin Stndrd Error Usble Responses (15) (22) Men ($) Medin ($) Stndrd Error ($) Usble Responses (13) (20) Food niml exclusive, food niml predominnt, mixed niml, compnion niml predominnt nd equine not included due to smll bse sizes.

130 AVMA Report on Veterinry Compenstion Pge 115 Tble 81. Hours worked per week of prt-time veterinrins in privte prctice by ownership sttus, 2013 Men Medin Owner Associte Totl Stndrd Error Usble Responses Men Medin Stndrd Error Usble Responses Men Medin Stndrd Error Usble Responses Totl Privte Prctice Weighted estimtes bsed on the AVMA membership.

131 Pge 116 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 82. Hours worked per week percentiles of prt-time veterinrins in privte prctice by ownership sttus, 2013 Owner Associte Totl 25 th 50 th 75 th 90 th 25 th 50 th 75 th 90 th 25 th 50 th 75 th 90 th Totl Privte Prctice Weighted estimtes bsed on the AVMA membership.

132 AVMA Report on Veterinry Compenstion Pge 117 Tble 83. Hours worked per week of prt-time veterinrins in privte prctice by ownership sttus nd gender, 2013 Mle Femle Stndrd Usble Stndrd Men Medin Error Responses Men Medin Error Usble Responses Owner Associte Weighted estimtes bsed on the AVMA membership.

133 Pge 118 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 84. Hours worked per week percentiles of prt-time veterinrins in privte prctice by ownership sttus nd gender, 2013 Mle Femle 25 th 50 th 75 th 90 th 25 th 50 th 75 th 90 th Owner Associte Weighted estimtes bsed on the AVMA membership.

134 AVMA Report on Veterinry Compenstion Pge 119 Tble 85. Income per hour of prt-time veterinrins in privte prctice by ownership sttus, 2013 Men ($) Medin ($) Stndrd Error ($) Usble Responses Owner Associte Totl Privte Prctice Weighted estimtes bsed on the AVMA membership.

135 Pge 120 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 86. Income per hour percentiles of prt-time veterinrins in privte prctice by ownership sttus, th 50 th 75 th 90 th Owner Associte Totl Privte Prctice Weighted estimtes bsed on the AVMA membership.

136 AVMA Report on Veterinry Compenstion Pge 121 Tble 87. Income per hour of prt-time veterinrins in privte prctice by ownership sttus nd gender, 2013 Men ($) Medin ($) Mle Femle Stndrd Error ($) Usble Responses (No.) Men ($) Medin ($) Stndrd Error ($) Usble Responses (No.) Owner Associte Weighted estimtes bsed on the AVMA membership.

137 Pge 122 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 88. Hours worked per week of prt-time veterinrins in public or corporte employment by gender, 2013 Men Medin Mle Femle Totl Stndrd Error Usble Responses Men Medin Stndrd Error Usble Responses Men Medin Stndrd Error Usble Responses Totl public or corporte Weighted estimtes bsed on the AVMA membership.

138 AVMA Report on Veterinry Compenstion Pge 123 Tble 89. Income per hour of prt-time veterinrins in public or corporte employment by gender, 2013 Mle Femle Totl Men Medin Stndrd Error Percentile 25 th th th th Usble Responses Weighted estimtes bsed on the AVMA membership.

139 Pge 124 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 90. Strting slries of veterinrins, (10) * 2010* 2012* 2014* Food Exclusive 50,403 61,028 62,424 68,933 74,235 74,687 (33) (33) (43) (23) (17) (40) Food 48,529 53,397 57,745 62,086 61,052 68,628 (34) (39) (47) (35) (29) (46) Mixed 47,704 52,254 58,522 62,327 63,993 62,991 (123) (121) (157) (124) (107) (210) 50,878 56,241 61,753 68,826 69,736 68,771 (139) (133) (120) (78) (56) (137) Exclusive 50,703 57,117 64,744 71,462 68,116 69,983 (546) (477) (525) (411) (295) (591) Equine 38,628 40,130 41,636 38,468 37,143 42,154 (46) (64) (56) (31) (21) (26) College or University n n n n n n n n n n n n Federl Government n n n n n n n n n n n n Stte or Locl Government n n n n n n n n n n n n Uniformed Services 54,853 60,842 63,600 64,667 64,800 64,183 (17) (19) (30) (36) (16) (27) Industry n n n n n n n n n n n n Advnced Study 24,009 25,496 27,911 29,366 29,628 29,995 (325) (434) (651) (721) (705) (774) Not-for-profit Orgniztions 59,410 Totl 42,978 45,546 48,328 48,764 45,575 51,981 (1,000) (1,345) (1,650) (1,466) (1,272) (1,872) n Insufficient number of usble responses. * Full-time only.

140 AVMA Report on Veterinry Compenstion Pge 125 Tble 91. Strting slries of mle veterinrins, * Food Exclusive 64,141 74,532 n 78,423 (23) (17) n (26) Food 59,844 63,237 65,265 70,376 (32) (19) (17) (21) Mixed 58,500 65,087 66,586 68,107 (56) (48) (35) (61) 62,207 72,389 71,631 70,874 (25) (18) (13) (41) Exclusive 66,266 74,228 72,174 71,111) (116) (83) (73) (128) Equine 46,529 48,778 n n (17) (9) n n College or University n n n n n n n n Federl Government n n n n n n n n Stte or Locl Government n n n n n n n n Uniformed Services 67,250 63,875 n n (8) (8) n n Industry n n n n n n n n Advnced Study 27,861 29,634 30,084 29,871 (133) (149) (123) (131) Not-for-profit Orgniztions n n n n n n n n Totl 51,321 52,478 52,255 57,602 n Insufficient number of usble responses. * Full-time only. (415) (352) (282) (421)

141 Pge 126 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 92. Strting slries of femle veterinrins, * Food Exclusive 60,450 n n 67,750 (20) n n (14) Food 53,267 60,719 55,083 67,160 (15) (16) (12) (125) Mixed 58,535 60,583 62,732 60,897 (101) (76) (72) (149) 61,633 67,757 69,163 67,873 (95) (60) (43) (96) Exclusive 64,318 70,762 66,782 69,671 (408) (328) (222) (463) Equine 39,503 34,250 35,389 43,262 (39) (22) (18) (21) College or University n n n n n n n n Federl Government n n n n n n n n Stte or Locl Government n n n n n n n n Uniformed Services 62,273 64,893 63,400 63,302 (22) (28) (12) (23) Industry n n n n n n n n Advnced Study 27,931 29,297 29,532 30,020 (517) (572) (582) (643) Not-for-profit Orgniztions n n n 59,410 n n n (10) Totl 47,330 47,472 43,673 50,350 n Insufficient number of usble responses. * Full-time only. (1,233) (1,114) (990) (1,451)

142 AVMA Report on Veterinry Compenstion Pge 127 Tble 93. Prctice return to cpitl, lbor, nd mngement, 2013 Men ($) Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice Gross prctice revenue 3,499,129 1,547,122 2,419,120 1,111,109 1,389,945 1,527,261 3,021,828 1,549,706 Totl prctice expenses b 2,546,351 1,177,343 1,026, , , , , ,481 Net prctice income c 800, , , , , ,233 3,076, ,373 Gross revenue services 936, ,470 1,951, , ,092 1,068, , ,539 Gross revenue product 2,358, , , , , , , ,137 Number of full time veterinrins d Medin ($) Gross prctice revenue 621, , , , , , , ,788 Totl prctice expenses b 291, , , , , , , ,000 Net prctice income c 164, , , , , , , ,000 Gross revenue services 340, , , , , , , ,723 Gross revenue product 382, , , , ,000 89, , ,000 Number of full time veterinrins d Weighted estimtes bsed on estimted totl number of privte prctices. c Net prctice income equls the difference between gross prctice revenue nd totl prctice expenses. d Estimted on full-time equivlent bsis.

143 Pge 128 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 93 (Continued). Stndrd error of prctice return to cpitl, lbor, nd mngement, 2013 Stndrd Error ($)/ Usble Responses Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice Gross prctice revenue 1,391, ,074 1,084, , , ,637 2,429, ,887 (34) (41) (120) (77) (132) (77) (10) (491) Totl prctice expenses b 1,313, , ,813 60, , , , ,835 (31) (37) (106) (66) (97) (62) (8) (407) Net prctice income c 256, , ,291 49,444 48, ,292 2,824,514 89,577 (29) (36) (106) (65) (97) (62) (8) (403) Gross revenue services 227,031 94,038 1,092,352 50, , , , ,776 (35) (42) (112) (72) (110) (74) (9) (454) Gross revenue product 1,193, , ,376 30,106 23, , ,430 81,892 (35) (42) (109) (72) (107) (69) (9) (443) Number of full time veterinrins d (29) (35) (100) (80) (161) (74) (10) (489) Weighted estimtes bsed on estimted totl number of privte prctices. b Totl prctice expenses include ll csh operting expenses less office rent if rel estte ws lesed from veterinrins involved in prctice. c Net prctice income equls the difference between gross prctice revenue nd totl prctice expenses. d Estimted on full-time equivlent bsis.

144 AVMA Report on Veterinry Compenstion Pge 129 Tble 94. Owner ssets, equity, libilities, nd interest expense, 2013 Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice Men ($) Fixed Assets 1,329, , , ,915 1,526, ,174 2,653,211 1,291,952 Prctice Equity 424, , , , , , ,389 Interest Expense 1,533 2,328 4,901 8,365 11,261 17,205 1,834 9,240 Medin ($) Fixed Assets 127, , , , , , , ,000 Prctice Equity 135, , , , , , , ,998 Interest Expense Weighted estimtes bsed on estimted totl number of privte prctices.

145 Pge 130 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 94 (Continued). Stndrd error of owner ssets, equity, libilities, nd interest expense, 2013 Stndrd Error ($)/ Usble Responses Food Exclusive Food Mixed Exclusive Equine Other Totl Privte Prctice Fixed Assets 846,067 70, , , , , ,688 (36) (40) (108) (78) (121) (73) (11) (467) Prctice Equity 166,899 32, , , , ,225 85, ,721 (33) (45) (103) (70) (100) (69) (9) (429) Short-term Libilities 14,144 33,904 12,321 3,711 5, ,207 14,190 33,211 (33) (44) (107) (69) (102) (70) (10) (435) Long-term Libilities 18,217 8,814 14,031 27,114 41, ,437 45,395 22,076 (33) (45) (108) (70) (106) (71) (10) (443) Interest Expense ,363 2,132 10,977 1,110 1,417 Weighted estimtes bsed on estimted totl number of privte prctices. (33) (45) (101) (67) (99) (66) (11) (422)

146 AVMA Report on Veterinry Compenstion Pge 131 Tble 95. Gross prctice revenue by size of prctice, 2013 Men ($) 1 (1 to 1.5) b Food Exclusive Food Mixed Exclusive Equine Other 1,150, ,647 2,644, ,771 1,011, ,837 3,268,698 2 (1.6 to 2.5) n n n n n n n 3 (2.6 to 3.5) n n 881,155 n n n n 4 (3.6 or more) n 4,391,775 2,787,451 3,253,699 2,866,940 5,977,953 n All prctices 3,499,129 1,547,122 2,419,120 1,111,109 1,389,945 1,527,261 3,021,828 Medin ($) 1 (1 to 1.5) b 475, , , , , , ,000 2 (1.6 to 2.5) n n n n n n n 3 (2.6 to 3.5) n n 1,071,454 n n n n 4 (3.6 or more) n 2,140,000 1,578,030 1,381,307 1,500,000 2,195,045 n All prctices 621, , , , , , ,500 Weighted estimtes bsed on estimted totl number of privte prctices. b Numbers in prentheses represent the rnge of full-time equivlents. n Insufficient number of usble responses.

147 Pge 132 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 95 (Continued). Stndrd error of gross prctice revenue by size of prctice, 2013 Stndrd Error ($) / Usble Responses 1 (1 to 1.5) b Food Exclusive Food Mixed Exclusive Equine Other 383, ,292 1,523,760 63, , ,219 2,702,149 (26) (28) (84) (59) (96) (60) (9) 2 (1.6 to 2.5) n n n n n n n n n n n n n n 3 (2.6 to 3.5) n n 164,995 n n n n n n (11) n n n n 4 (3.6 or more) n 2,348,744 1,189,949 1,717, ,169 2,114,107 n n (9) (20) (12) (27) (12) n All prctices 1,391, ,074 1,084, , , ,637 2,429,451 Weighted estimtes bsed on estimted totl number of privte prctices. b Numbers in prentheses represent the rnge of full-time equivlents. n Insufficient number of usble responses. (34) (41) (120) (77) (132) (77) (10)

148 AVMA Report on Veterinry Compenstion Pge 133 Tble 96. Men number of full-time equivlent (FTE) ncillry stff nd veterinrins in privte prctice, 2013 Food Exclusive Food Mixed Exclusive Equine Other (No.) (No.) (No.) (No.) (No.) (No.) (No.) All Veterinrins Owners Assocites Credentiled Technicins Non-Credentiled Technicins Veterinry Assistnts Receptionist Cretker Totl Non-Veterinrin Weighted estimtes bsed on estimted totl number of privte prctices.

149 Pge 134 AVMA Report on Veterinry Compenstion Americn Veterinry Medicl Assocition Tble 97. Percentge distribution of compenstion method for veterinrins in privte prctice, 2013 Food Exclusive (%) Food (%) Mixed (%) (%) Exclusive (%) Slry Hourly Production Slry nd Production No. Usble Responses (65) (76) (214) (168) (360) (180) (27) Equine (%) Other (%)

150

151

152 AVMA Report on Veterinry Compenstion AVMA report on Veterinry Compenstion provides economic dt nd trends on professionl ernings. It includes more thn 100 tbles nd figures of sttisticl tbultions nd n excellent summry of key findings nd trends to help you compre, evlute, nd mke importnt decisions. It includes the following informtion nd more! Veterinrins professionl ernings in privte prctice, nd public or corporte employment Professionl ernings by yers of experience, region nd gender Percentiles of veterinrins professionl ernings Employee fringe benefi ts Hours worked nd income per hour Ancillry prctice stff levels nd wges Revenue ccording to service ctegory