Physician Assistant total compensation: base vs bonus vs equity

Base pay is only part of the story. A Physician Assistant's total compensation runs about $196K (range $189Kโ€“$202K) once bonus, equity, and benefits are included โ€” base is roughly 76% of that.

Where the money comes from

Base salary
Guaranteed cash
$148K
76%
Bonus (mid)
3โ€“12% of base
$11K
6%
Equity / RSUs
~3% of base, annualised
$4K
2%
Benefits
~22% (health, 401k, etc.)
$33K
17%

Total (mid): $196K. Equity and bonus vary widely by employer and performance โ€” treat these as planning ranges, not a guaranteed offer.

Common questions

What is a Physician Assistant's total compensation?

A Physician Assistant's total comp is roughly $196K at the mid estimate (range $189Kโ€“$202K): base $148K plus a 3โ€“12% bonus, ~3% equity, and ~22% benefits.

How much of Physician Assistant pay is base vs bonus and equity?

Base is about 76% of total comp for a Physician Assistant. The rest comes from bonus ($11K mid), equity/RSUs (~$4K/yr annualised), and benefits (~$33K).

Do Physician Assistants get stock or RSUs?

Typically yes in this field โ€” around 3% of base in annualised equity, though it varies widely by employer (startups skew higher and riskier; large public firms pay liquid RSUs).

Bonus/equity/benefits modelled from category norms (Levels.fyi, Robert Half, employer benefit-cost data); estimates, not an offer.