Anyone know anything about this IM program? Signing Bonus of $8500 is insane?

[Tedebear]

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Hello everyone. My girlfriend is interested in IM programs and I noticed this program for IU. The salary and benefits are unheard of from other places.

Anyone know anything about this program?

http://iuhealth.org/ball-memorial/f...ency/internal-medicine-salaries-requirements/

 

[gutonc]

Hello everyone. My girlfriend is interested in IM programs and I noticed this program for IU. The salary and benefits are unheard of from other places.

Anyone know anything about this program?

http://iuhealth.org/ball-memorial/f...ency/internal-medicine-salaries-requirements/

Actually, the salary/benefits package isn't that impressive.

Here's what my (academic) institution (in a very desirable city) is paying next year:
PGY1 $48,900
PGY2 $51,300
PGY3 $53,900

Not too far off what this community program in the middle of nowhere is offering.

Heck...here's what UCSF offers (and IIRC they have a housing stipend as well).
I $49,291.00
II $51,062.00
III $53,071.00

The $8500 signing bonus is nice but it's in Muncie, IN...that's about 2 orders of magnitude too small to entice me to move there.

I know virtually nothing about the program but, in general, places that offer these kinds of extras have to do it in order to get people to go there. A quick look at the place shows it to be small (6-7 residents/yr in IM), 80-90% IMG about evenly split between Carib and other places (primarily South Asia and the Philippines).

Choosing a program based on salary and benefits is a bad way to direct your medical education/training.

 

[TPBC]

I went to school at Ball State. Not a bad town and decent area. The sign-on bonus of $8,500 is great but so is the $5,000 business expense each year. It sounds like a nice program.

 

[gutonc]

I went to school at Ball State. Not a bad town and decent area. The sign-on bonus of $8,500 is great but so is the $5,000 business expense each year. It sounds like a nice program.

But again...that $5000 "business expense" bonus each year just makes the total compensation roughly the same as a lot of other programs. Also, if it's like other places, you have to actually spend the money to get that $5K. They don't just right you a check, rather you can purchase specific things and it gets paid out of that pile of money. Since you can apparently use it to cover rent though I guess that's a pretty easy way to spend that money.

 

[Instatewaiter]

Actually, the salary/benefits package isn't that impressive.

Here's what my (academic) institution (in a very desirable city) is paying next year:
PGY1 $48,900
PGY2 $51,300
PGY3 $53,900

Not too far off what this community program in the middle of nowhere is offering.

Heck...here's what UCSF offers (and IIRC they have a housing stipend as well).
I $49,291.00
II $51,062.00
III $53,071.00

The $8500 signing bonus is nice but it's in Muncie, IN...that's about 2 orders of magnitude too small to entice me to move there.


Choosing a program based on salary and benefits is a bad way to direct your medical education/training.

There is a huge difference between 49K in San Francisco and 49K in bumfuck Indiana. Actually if you make 49K in San Fran that is the equivalent of 27-29K in Indiana

Or the other way around, making 49K in Indiana is the equivalent of 87,000 in San Fran.

But it's a crappy reason to choose that program. Actually, the fact that they offer 8500 for signing on would make me worry about the training there.