Salary
$68,500
$71,000
$73,500
Paid bi-weekly
Housing / Relocation*
$11,000
Forgivable loan- total amount paid on first day of employment
Meals
Meals in hospital while on duty
Meals in hospital while on duty
Meals in hospital while on duty
Chief Pay
$554 per week as Chief Resident (maximum of 8 weeks)
Stipend paid by the end of each block resident is chief resident
Total Compensation
$79,500
$71,000
$76,824 - $77,932
Includes housing/ relocation, salary, and chief pay
Professional Development Fund**
5 days - $1,250
5 days - $1,250
5 days - $1,250
With prior approval, paid upon completion & approval of travel expense voucher
Medical, Dental & Vision Insurance
• Medical and dental coverage for Residents and covered dependents is effective upon employment contract start date as long as enrollment is completed within 31 days of contract start date.
• All other benefits begin on the 1st day of the month following 30 days of employment.
• Shared cost (premiums are pre-tax and reduce AGI).
• Single or family options available.
• A Health Reimbursement Account and biweekly incentives can also be received through our Wellness program to offset medical plan costs. A Medical Premium Assistance Program provides qualified employees a 20% savings on their medical premiums.
Basic Life Insurance & Disability Insurance
• No cost to resident.
• Voluntary and AD&D life insurance equal to 1x annual base salary.
• Salary Continuance Plan (for medical conditions requiring absence ≤180 days).
• Long Term disability (60% base salary if disabled ≥ 180 days).
Supplemental Life & Disability Insurance
• Voluntary and AD&D life insurance coverage based on base annual salary.
• Available at employee group rates.
Dependent Life Insurance
• Spouse & dependent children up to age 26.
• Available at employee group rates.
Health & Dependent Care Flexible Spending Accounts
• Pre-tax (reduces AGI) reimbursement accounts for non-covered medical or dependent care expenses.
Paid Days Off
• Effective employment contract start date.
• Six of these days required for paid time off for holidays: New Year’s Day, Memorial Day, July 4th, Labor Day, Thanksgiving Day, and Christmas Day.
• First Year residents have 19 Paid Days Off (PDO).
• Second and Third Year residents have 24 days of PDO each year.
• No carryover of PDO into subsequent years of residency.
Retirement Savings Plan
• 401(k) retirement savings plan available through Fidelity.
• Pre-tax contributions.
• Employer matching 100% of first 1%, plus 50% of the net 5% of contributions during PGY2 and PGY3 years.
Medical Malpractice Coverage
• Hospital purchases medical malpractice insurance policy including tail coverage.
Call Room
• Dedicated sleep room in hospital equipped with a bedroom with shower and separate work room with computer workstation, refrigerator and TV to support resident rest and wellness.
Meals
• Complimentary hot food in physician lounge for breakfast and lunch, M-F.
• Complimentary hot food in cafeteria from 4P-7P M-F and 7A-7P Sat-Sun.
• Physician lounge stocked 7 days/week with grab-and-go items: sandwiches, salads, protein snacks, salty/sweet snacks, protein bars, premium coffee and cold drinks.
Professional Development
• Continuing Medical Education (CME) up to 5 days of paid meeting time provided each year of residency (no carryover).
• Funds provided each year in the amount of $1,250 (may carry over year to year).
Employee Counseling (CONCERN EAP)
• Free short-term counseling and referral for employees and members of their household.