This.
and a couple other things:
1. Not all folks of a certain PGY level get the same pay at all hospitals. The pay scale is the same BUT i've been in hospitals where a certain dept. of residents gets their **** together and negotiated for overtime pay. Anesthesia in one and radiology in another. So its possible, but if you're an individual going it alone...you're pretty much screwed.
2. Nobody MADE the above poster resign a contract for 1000 less. Your guys just collectively decided to bend over and take it. If you had stood together as a group and said NO that was a fight you would have won hands down.
Where I did my residency we went with the flow, but at one point the administration tried to pull some crap that amazingly got EVERY one in the surgery program pissed at one time. We all sat down and said no more trauma coverage, no more ICU coverage you can page the attending and you can go f*ck yourself if you don't like it. The attendings flipped, we had a meeting with the CEO the next week and ALL stuck with the script, and the problem was solved by friday. They can replace anyone of you with a snap, but they can't replace all of you at the same time. Its amazing what you can do together but nobody does...wish we had asked for more pay.
the problem is medical school admission folks and the process of medical school is moving/has moved to finding/creating the most educated pansies they can. Why do they look for bleeding hearts that think they want to serve in rural uganda and when they've finally given all they can give crawl up on a cross and die? Because those people are suckers and will happily be f-d by the system for the rest of their career.