$194,000 for the first year out of residency for full-time clinical. Additional $3,000/year thereafter.
My friend who got hired for research, when they think they are trying to buff up their research division, is starting at $160.
In fact there are rumors that the base salary may even be going DOWN because they are in the process of implementing some kind of points/bonus system based on performance evaluations. This adds insult to injury.
They are hiring for several reasons.
- One, because since the new chair started roughly three years ago, there has been a mass exodus of pre-existing faculty due to dissatisfaction with the change. (The old chair was fairly absent but basically turned his head the other way so people did things as they saw fit. The new chair most noticeably stalled contract negotiations so nobody got a raise for 3 years, implemented tons of budget cutting efforts which demoralized people, and created a handful of administrative positions with $80,000 bonuses while everyone else didn't get a raise for three years. In addition, from fear of the economy they severely under-hired a couple years back and all the faculty got severely overworked with long hours and late stays.) Faculty satisfaction went down the tubes and the only way to make up for this is to hire a bunch of new people who don't know what it was like before and don't know any other system.
- Two, because the vast majority of the existing staff are over the age of 50 and they are expecting a mass exodus from retirement over the next 10-15 years.
MGH is a great place to be a resident. The residents are truly what makes the anesthesia department a great thing. The faculty are mostly average, and while there are some excellent role models and teachers many good people have jumped ship in search of 1) better morale, and 2) much better pay.
Medical students, do not let this deter you from seriously considering what I think is one of the BEST residency programs around. I had a wonderful experience during my residency there, loved it and would do it a second time. Anesthesiologists, there are ups but there are also downs so investigate carefully before accepting a job; given nothing other than the worst pay I've ever seen for a full-time anesthesiologist position, you have to really WANT to be there!