Salary
$65,707
$68,053
$70,041
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
$76,707
$68,053
$72,257 - $73,365
Includes housing/ relocation, salary, and chief pay
Professional Development Fund**
5 days - $1,000
5 days - $1,200
5 days - $1,400
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.
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.
• No employer contributions.
Medical Malpractice Coverage
• Hospital purchases medical malpractice insurance policy.
Call Room
• Hospital purchases medical malpractice insurance policy.
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 $1,000 in the first year, $1,200 in the second year, and $1,400 in the third year (may carry over year to year).
Employee Counseling (CONCERN EAP)
• Short-term counseling and referral service for employees and immediate family.