Neurology Residency Programs with Best Salary/Benefits Packages

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DocMom1

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Which neurology residency programs provide the best salary and benefits packages (e.g., paid vacation time; holiday days; health insurance; books/equipment; educational days; conferences travel reimbursement; licensing/testing costs covered; hospital matched 401k/403(b)/IRA contributions etc; malpractice insurance; unionization) ?


Program Name:
Paid Vacation Time:
Holiday Days:
Health Insurance premium:
Malpractice Insurance premium
:
Book / equipment stipend:
Conference/Travel stipend:
Licensing testing cost stipend:
Hospital matched retirement account contributions
(Y/N up to $X):
On-call meal allowance:
Internal moonlighting:

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You want to match cost of living to salary and benefits. NYC programs pay a little more than college towns, but cost of living there will easily be double or more.

Notable standouts in this regard I've seen are Vandy and Michigan.
 
All programs are required to provide health and malpractice insurance, but for health insurance, premiums vary. I suggest adding categories for internal moonlighting and on-call meal allowance. My program allowed internal moonlighting for senior residents. We saw neuro consults during the night. These consults were seen by staff during the next day if these patients weren't discharged yet.
 
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Boston University definitely has the highest salary I've seen:

PGY 2 $60,013.54

PGY 3 $62,835.67

PGY 4 $65,794.57

That's nearly 10K higher than a lot of places.
 
Boston University definitely has the highest salary I've seen:

PGY 2 $60,013.54

PGY 3 $62,835.67

PGY 4 $65,794.57

That's nearly 10K higher than a lot of places.

Very good to know. Thanks
 
All programs are required to provide health and malpractice insurance, but for health insurance, premiums vary. I suggest adding categories for internal moonlighting and on-call meal allowance. My program allowed internal moonlighting for senior residents. We saw neuro consults during the night. These consults were seen by staff during the next day if these patients weren't discharged yet.

Added those categories.
 
Are any neurology residency groups unionized? I have heard of this in the context of some other specialties and apparently permits the residents to negotiate for much higher salaries and better benefits
 
Case Western:
1st Year Post MD $ 52,600
2nd Year Post MD $ 54,400
3rd Year Post MD $ 56,150
4th Year Post MD $ 58,500

UT Austin:
  • PGY Level 1: $57,623
  • PGY Level 2: $59,527
  • PGY Level 3: $61,950
  • PGY Level 4: $64,426
UCLA:
Post MD 1 $52,941
Post MD 2 $54,696
Post MD 3 $56,845
Post MD 4 $59,089

UT Southwestern:
PGY-1 $57,623
PGY-2 $59,527
PGY-3 $61,950
PGY-4 $64,426

Mount Sinai:
"In 2014-2015, the PGY2 salary was $62,449, PGY3 salary was $65,804, and PGY4 salary was $68,429. Mount Sinai offers annual increases, and updated numbers will be available during the interview season. Mount Sinai provides yearly salary increases based on level of training. Obtaining the salary increase for the PGY3 level is dependent upon obtaining a New York State Medical License. Housestaff benefits include subsidized health, dental, vision, and disability insurance. All neurology residents receive a PDA and a standard neurology textbook at orientation. Neurology residents are provided membership to the American Academy of Neurology, which includes a subscription to Neurology and the educational review Continuum."

BU:
October 2014 October 2015

PGY 2 $58,836.80 $60,013.54

PGY 3 $61,603.60 $62,835.67

PGY 4 $64,504.48 $65,794.57

PGY 5 $68,525.97 $69,211.23

PGY 6 $72,492.60 $73,217.53


Professional Education Allowance
As of July 1, 2014, each House Officer, across all PGY levels, will receive eight hundred dollars ($800). As of July 1, 2015, each House Officer, across all PGY levels, will receive eight hundred and fifty dollars ($850).

Malpractice Insurance
The Hospital provides malpractice insurance at its expense in the amount of $1,000,000/$3,000,000.

Limited Licensing Fee
The Hospital pays for the limited license for all House Officers.

Orientation Pay
All incoming residents are paid for orientation or work performed prior to July 1 of their first year.

Medical Insurance
House Officers shall be eligible for medical insurance on the first day of active employment, excluding orientation. Medical insurance premium increases during the life of the Agreement will be paid for by the Hospital based on the following percentages of the average weekly premium of all medical insurance plans (excluding the highest and the lowest costing plans):

Individual Individual+1 Family
85% 85% 85%
The Hospital will extend domestic partnership coverage (same sex only) to all House Officers, consistent with the Hospital’s current practice regarding domestic partner coverage for other employees.

Dental Insurance
The Hospital’s monthly dental insurance plan premium contribution shall be $4.00 per month for any House Officer who elects to participate in a Hospital dental insurance plan.

Life Insurance
The Hospital provides all eligible House Officers with life insurance and accidental death and dismemberment insurance (AD&D) at no cost to the House Officer equal to one (1) times their base annual salary. House Officers may also purchase additional life insurance at one (1), two (2) or three (3) times their annual salary and additional AD&D insurance at one (1), two (2) or three (3) times their annual salary.

Disability Insurance
The Hospital purchases, at its own expense, disability coverage for House Officers which is portable and is provided by the Voluntary Hospitals House Staff Benefits Plan of the Committee of Interns and Residents.

Sick Leave

Sick leave accrues at the rate of one and one-fourth (1 1/4) days for each month of actual service, not to exceed fifteen (15) working days in any calendar year. New employees are credited in advance with seven and one-half (7 1/2) sick leave days as of July of their first year, in advance of such year having been worked. Sick leave not used in the year in which it accrues, together with any accumulated sick leave standing to the employee’s credit and not used in the current year, may be accumulated for use in the subsequent year. Sick leave not used prior to the termination of an employee’s service shall lapse, and the employee shall not be entitled to any compensation in lieu thereof.

Personal Days
A House Officer may take up to two (2) personal days in any one academic year (July 1 – June 30) to be paid out of his/her accrued sick leave. Any use of personal days is subject to the approval of the House Officer’s department.

Maternity Leave
House Officers are entitled to up to twelve (12) weeks of unpaid family leave for the birth or care of a child, for adoption of a child under age eighteen or foster care placement of a child under age eighteen. Unused sick and vacation time can be used for this twelve (12) week leave.

Parental Leave
House Officers are entitled to two (2) weeks parental leave in order to attend to the birth, adoption, or care of a new child in the employee’s immediate household. Unused sick and vacation time may be used for this leave.

Family and Medical Leave
Eligible persons may be entitled to up to twelve (12) weeks of unpaid medical leave for serious illness or serious illness of said person’s spouse, parent or child pursuant to the Family and Medical Leave Act of 1993. All applications for FMLA must comply with the law and the Hospital’s policies and procedures governing such leave.

Bereavement Leave
In the event of death of a House Officer’s mother, father, spouse, significant other, parents of spouse or significant other, brother, sister, child, grandparent, grandchild, or other members of the House Officer’s immediate household (for a period of six (6) months or more), the House Officer is entitled to receive up to three (3) working days leave without loss of pay for the purpose of attending funeral services or arranging for burial, provided that the House Officer is in active service at the time of such death. Leave without loss of pay under this section shall not be deducted from sick leave or vacation leave. All House Officers are permitted one (1) day’s leave without pay in order to attend the funeral of a relative not included above. A House Officer may choose to use accumulated sick leave for this purpose. If a House Officer requires additional leave for bereavement purposes due to the death of someone specified above, authorized leave for such purposes shall be deducted from sick leave allowance.

Parking
Effective February 5, 2012, House Officers shall pay $84.46 per month to participate in the monthly parking program. Payroll deduction on a pre-tax basis is available.

Occasional parking is available. House Officers may purchase a packet of twelve (12) stickers. House Officers shall pay 50% of the rate set for these packets by the Office of Parking and Transportation Services, but in no event shall the cost of such packet be less than monthly parking cost to the House Officers. House Officers shall be limited to the purchase of four (4) subsidized parking packets per year.

House Officers who elect not to participate in the BMC parking program may be eligible for an MBTA pass subsidy offered by the Office of Parking and Transportation Services (limit of 1 pass per person per month).

On Call Meals
The Hospital provides all House Officers who are on-call at BMC with one (1) free dinner (limited to a cost of not more than $8.00) and one free post-call breakfast (limited to a cost of not more than $5.00) in the main BMC cafeterias, including Menino, East Newton and Shapiro. The Hospital provides fresh pre-packaged salads and/or sandwiches for on-call residents who cannot leave their patient care duties to get dinner in the cafeteria prior to closing.

All House Officers and fellows are eligible at all times for the Hospital’s employee discount upon presentation of their BMC identification badge. House Officers assigned to at-home call will be eligible to receive: a) the free on-call dinner if their duties require them to remain in the Hospital past 5:00 pm, and b) the on-call breakfast if they are called into the Hospital in the middle of the night and remain there until the next morning.

Boston Sports Club Benefit
All CIR members are eligible to receive discounted membership to the Boston Sports Clubs. Members will receive a 40% reduction in both monthly and joining fees.

Vacation
In the Department of Neurology, you receive 4 weeks of vacation per year.

Committee of Intern and Residents (CIR) Membership Dues (or Agency Fee)
House Officers and fellows are represented by the Committee of Interns and Residents (CIR) for the purpose of negotiating their salaries, hours, and work conditions with the Hospital, and enforcing the negotiated contract. Members of CIR pay dues of 1.5% of their gross salary, deducted weekly. House officers and fellows who choose not to be members are required by the Hospital’s contract with the union to contribute 1.5% of their gross salary as an “agency fee” (also deducted weekly), which contributes to the cost of negotiating and enforcing the contract. These dues/fees are tax deductible.

Reference Resources
Reference materials (books and journals, audiovisual and electronic) are available through libraries at the affiliated institutions, including the Alumni Medical Library at the Boston University School of Medicine. An extensive library is also available at the BVAMC and at both Units of BMC. The Department of Neurology’s library in the Collamore Building at Boston University has a fine collection specifically geared toward the study of Neurology and related subjects.

TUFTS:
2015 – 2016

PGY-1 $52,682.91

PGY-2 $54,801.70

PGY-3 $57,459.38

PGY-4 $60,980.59

PGY-5 $64,920.59

SUNY Upstate:
  • Each resident receives $500 stipend for educational expenses.
  • First year residents receive 3 days of educational leave.
  • Second year residents receive 5 days of educational leave.
  • Third year residents receive 7 days of education leave.
  • Residents presenting as first author at national meetings receive department support for travel expenses.
  • Lab coats and scrubs are provided.
 
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I think you are going to find that you are going to get best bang for your buck in the south and mid west programs. I think I read somewhere that the salaries for Wash U and UTSW go the farthest in St Louis and Dallas respectively.
 
Washington University Medical School/Barnes-Jewish Hospital/Saint Louis Children's Hospital
House Staff Stipends for July 1, 2015 to June 30, 2016:

PGY LEVEL ANNUAL STIPEND
PGY-1 $52,203
PGY-2 $54,280
PGY-3 $56,725
PGY-4 $59,279
PGY-5 $61,031
PGY-6 $63,776
PGY-7 $66,647

Insurance:

A variety of affordable single and family (including same-sex partnerships) plans are provided to Residents for medical, prescription, dental, vision, life and disability insurance. Malpractice insurance is provided at no cost to the trainee.

Vacation:

Each resident will have 3 weeks of vacation per year.

Child Care for BJH Employees:

St. Louis Children's Hospital operates two childcare facilities within the medical complex:

321 S. Newstead, St. Louis, MO 63110 --- (314) 454-4700
4353 Clayton Ave., St. Louis, MO 63110 --- (314) 362-0777

Programs are available for infants through kindergarten. Flexible program - full time, regular part time and variable part time - is offered to help meet each family's scheduling needs. Enrollment is offered year round, and tuition is based on the amount of time your child is scheduled. Colorful rooms and an outdoor play area are equipped with various materials specifically suited to the children's age groups.

http://gme.wustl.edu/For_Residents_and_House_Staff/Pages/ChildDevelopmentCenters.aspx

Other benefits:
  • Parking will be provided for all residents free of charge
  • Meal vouchers are provided for in-house calls
  • White coats are provided annually
  • An educational allowance of $300 is provided annually
  • Attendance to one national/international neurology conference during your training is mandatory and reimbursed by the Department of Neurology.
  • Residents receive privileges at the Washington University Medical School campus (e.g. libraries, gym, weight room and bookstore) as well as a number of discounts on goods and services in the St. Louis area.
 
University of Chicago

Insurance

All Residents/Fellows are required to carry medical coverage. As an incoming resident/fellow you will be defaulted into the University of Chicago Medical plan (UCHP) – Single coverage. You may opt out; change your medical plan or coverage level within 31 days from your start date of employment. If you opt out of coverage, proof of coverage will be required and must be provided to the benefits office. Residents/fellows may choose from one of three health plans; Enrollment in one of the three plans is permitted only during the open enrollment period, or upon entry to a GME sponsored program. As a new hire, coverage is effective on the first day of employment provided that enrollment takes place within the first 31 days of employment. Residents/fellows may enroll their family members to their medical plan. Proof of dependent status is required. Newly-eligible dependents may be added within 30 days of marriage, birth or adoption. Otherwise, such additions may only be made during the open enrollment period. Rates are subject to change.

Professional Liability Insurance Coverage
Medical malpractice liability coverage is provided without charge to residents/fellows.

Vacation
Residents and Fellows are eligible for four weeks of paid vacation each year.

Stipends
Stipends are paid bi-weekly. You may arrange to have subsequent checks directly deposited to your bank.

2014-2015 Stipends:

PL-1 $52,303 PL-5 $61,573
PL-2 $54,679 PL-6 $64,077
PL-3 $56,677 PL-7 $66,748
PL-4 $59,290
Lab Coats and Scrubs
Lab coats and scrub suits are provided and laundered by the hospital.

Parking
All Residents and Fellows can sign up for reduced cost parking privileges - The current fee is $35 per month for parking garage privileges.

Tuition Remission
Residents and fellows are entitled to 50 percent tuition remission for their children (nursery school through high school at the University of Chicago Laboratory Schools and undergraduate at the University of Chicago), and graduate school for spouses.

Recreation
Residents and Fellows may join the Gerald Ratner Athletics Center and Henry Crown Field House at a discounted rate. The Ratner Center features a gigantic swimming pool, a fitness center with weight training equipment and cardiovascular equipment, such as elliptical trainers, treadmills, rowers, upright and recumbant bicycles; a gym with two recreational basketball courts, an auxilliary gym with a multi-purpose court; dance/martial arts studio; and sauna. In the Field House you will find a
200m indoor track, squash and racquetball courts, a fitness center, 4 basketball courts, and more cardio-equipment.
 
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CASE

Post Graduate Year


1st Year Post MD $ 52,600

2nd Year Post MD $ 54,400

3rd Year Post MD $ 56,150

4th Year Post MD $ 58,500

5th Year Post MD $ 60,400

6th Year Post MD $ 62,975

7th Year Post MD $ 64,800


Other benefits include:


• Funds are provided by the Department to attend one American Academy of Neurologynational meeting during the residency, typically during the PGY-4 year.

• iPads loaded with Core Neurology textbooks are provided to all residents free of charge by the Department. The texts are on General Neurology, Office Neurology, Neuroradiology, Cerebrovascular Disorders, Neuro-Critical Care, Neuropathology, Pediatric Neurology, Electroencepholography and Electromyography. Every year, the education committee determines which texts will be purchased for the residents. These texts are used as syllabi in many of the rotations.

• Parking is available in a variety of structures and open lots. All are within easy walking distances of the hospital. There is a fee for parking and if you choose to you can have this directly taken out as a payroll deduction.

• Four-weeks of vacations are provided each year.

• 403 matched retirement savings plan

• Fitness Center – University Hospitals offers on-site One-To-One fitness Center with available discounted memberships.

• Health Insurance coverage is available through Apex with two medical plans offered.
 
NYU

PGY 1 $59,488 $ 58,758 PGY 2 $61,821 $ 61,068 PGY 3 $66,487 $ 65,689 PGY4 $68,685 $ 67,865
 
Thomas Jefferson

1 $52,463
2 $54,059
3 $55,601
4 $58,802

Residents are entitled to four weeks of vacation and one personal day each year (21 working days). The residents are not allowed to take more than one week (5 working days) at a time from any single service. In accordance with hospital policy, vacation days cannot be carried over to the following year.
 
Louisville

PGY 2 53,357 4,446.42 PGY 3 54,844 4,570.33 PGY 4 56,362 4,696.83
 
TULANE

HO-I $48,328
HO-II $49,948
HO-III $51,657
HO-IV $53,649
HO-V $55,918
HO-VI $58,918

Educational Stipends
Residents will receive annual stipends that can be used towards the purchase of educational or training materials approved by the Residency Program’s Director. The Program Director also has the ability to select educational or training supplies for the residents if none are selected.

Sick Leave
A period of sick leave of two weeks is allowed per resident per year. If a resident calls in sick, it is the prerogative of the Program Director to ask for a doctor's excuse from the resident. Each resident/fellow must be aware that each particular specialty allows only a certain amount of absence from training per year. Absence beyond that designated time, be it for vacation or sick leave, will extend their time in training. There can be no accrual of sick leave from one year to the next; i.e., two weeks maximum sick leave are allowed per year.

Parental Leave
Maternity leave will be granted upon request to all pregnant residents. Maternity leave will be leave with pay for a period of up to six weeks. This time represents vacation and sick leave. All or a portion of the six weeks may be requested. Maternity leave greater than six weeks duration, except in cases of illness of mother or infant, will require approval by the Program Director and Chairman and is unfunded. Benefits will be provided during the six weeks of maternity leave. Benefits may be continued beyond six weeks at the resident's expense.
 
BAYLOR

PGY Level
Stipend

1
$44,302
2
$45,961
3
$47,205
4
$49,111

Moonlighting
Residents are not permitted to moonlight.

Insurance
Residents receive malpractice, health, dental, disability, and life insurance. One can also carry family members on these policies, if desired. There is a discount on all medical care for Baylor residents, and a psychiatric counseling service is available at no charge. Baylor offers free immunizations to residents.

Books and Conferences
Each year, the department provides a book and travel allowance for residents to attend conferences, as follows:

PGY Level
Books
Travel

1
Required books provided

2
Required books provided

3
Required books provided
$1000 (local, state or regional meeting)
4
Required books provided
$2500 (national or international meeting)
Residents are allowed 20 days over the course of training to attend conferences. PGY4 resident schedules are devised so as to allow them to attend the American Academy of Neurology Annual Meeting.

Provisions
The department provides white coats, nametags, and subsidized parking at each hospital. Residents can make slides and photocopies free of charge. Residents also have privileges at the Baylor Athletic Facility, a fully equipped gymnasium on campus.

Membership
The department pays for membership in the American Academy of Neurology for all of its house officers, which includes a subscription to the journal Neurology and to Continuum: Lifelong Learning in Neurology. Additionally, we provide membership in the Texas Neurological Society.

Vacations
Neurology residents receive two weeks of paid vacation and one unpaid week off during their intern year and three weeks of vacation in all subsequent years. Neurology residents also have one 4-day holiday off annually.

Lunch
Lunchs are provided by the department during Grand Rounds, Journal Clubs, and Fridays at noon
 
Georgetown

PGY-Level Annual Stipend
PGY-1
$53,654
PGY-2 $55,933
PGY-3 $58,404
PGY-4 $60,248

EDUCATIONAL STIPEND
Every resident receives a yearly educational stipend to be used for the purchase of books, CDs, online educational materials, and/or Board Review. The stipend increases yearly up to $1000 per year for PGY-4s.
 
HUP
  • PGY1 - $53,664.00
  • PGY2 - $55,120.00
  • PGY3 - $56,804.00
  • PGY4 - $60,756.00
  • PGY5 - $62,337.00
  • PGY6 - $65,624.00
  • PGY7 - $68,182.00
  • PGY8 - $69,201.00
  • PGY9 - $70,740.00
Standard Employee Benefits
  • Medical Plan
  • Prescription Drug Plan
  • Dental Plan
  • Vision Plan
  • Employee Life Insurance
  • Tax-Deferred Retirement Plan
Other Benefits
  • An annual $200.00 book fund reimbursement for all residents
  • Free parking on campus or Monthly Transportation Passes (SEPTA)
 
Mayo Clinic paid benefits
  • Vacation (15 working days a year)
  • Short-term disability (sick leave up to three months)
  • Dental assistance plan
Insurance programs
  • Comprehensive medical care plan
  • Voluntary basic life insurance, disability insurance, family life insurance
  • Voluntary additional life insurance
  • Voluntary accidental death and dismemberment insurance
  • Excess personal liability insurance
Other benefits
  • Dependent and health care reimbursement accounts
  • Adoption reimbursement
  • Paid and unpaid leaves of absence
  • Tax-deferred annuity plans
  • Meal subsidy for on-call residents
  • Parking and intercampus bus shuttle
Graduate Level 1 $52,483 $2,019
Graduate Level 2 $54,584 $2,099
Graduate Level 3 $56,842 $2,186
Graduate Level 4 $59,220 $2,278
Graduate Level 5 $61,775 $2,376
 
USC

Residents are guaranteed 4 weeks’ vacation per year. In the first year, vacation is generally granted in two week blocks although vacation in other configurations of weekly increments can be accommodated upon request.

Daily cafeteria and coffee bar allowance of $27 per day at LAC + USC. Equivalent compensation is available at other rotation sites.

Bonus pay for Bilingual Certification

Ability to “buy back” used sick time

Free parking at all rotation sites
 
This may be a little late, but may help those looking here in the future. The neurology residency program that provides the best salary and benefits package in the country is:

Yale

2015-2016
PG2: $63,100
PG3: $66,400
PG4: $69,700

Not only is the salary much more than all other places mentioned, the cost of living in New Haven and surrounding neighborhoods is significantly lower than New York, Boston etc. The average House in New Haven is ~250,000. While New Haven can have its scary spots, three neighborhoods in particular are amazing, safe and family friendly.
Paid Vacation is over 4 weeks
Health Insurance is Completely paid for (no out of pocket for premium) - you will have copay on visits however.

A matching Tax Sheltered Annuity (TSA) 403(b) Plan is available to you. Employees have the opportunity to set aside their own money on a before tax basis in the TSA for retirement. This has the advantage of a YNHH match of 1%-3% before taxes. You become 25% vested in YNHH match after 2 years of service – 3 years/50%, 4 years/75%. New employees automatically are enrolled for 1% contribution after 60 days of employment.

Yale New Haven Hospital provides its residents and fellows with professional liability insurance coverage for professional activities performed within the scope of hospital-assigned duties.
 
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