Residency Salaries

[ralphie48]

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Two questions

Does anyone know a reliable website that lists residency salaries?

What is the average salary for a general surgery residency?

Thanks

 

[Winged Scapula]

Two questions

Does anyone know a reliable website that lists residency salaries?

What is the average salary for a general surgery residency?

Thanks

FREIDA is probably the only site (other than individual program web sites) which has this information and in a somewhat accurate form.

Salaries will vary depending on program, PGY level and to some degree, area of the country. You can expect to be somewhere between mid to high 30s (at the low end) as a intern to as high as 50K per year (as an intern, at the high end). Even if your particular residency doesn't have this info on its FREIDA or specific web site, all residents in the same hospital program (ie, even different specialties) at the same PGY level will make the same. So sometimes you can find out what you will make by looking at other department web sites which might list it.

"Average" is probably somewhere around $45K/year...starting around $40K as an intern and finishing around $50K as a Chief...more or less (there are programs which will start lower and those which start higher and end higher).

 

[deleted87716]

This information is readily available on FREIDA and on most program Web sites.

You can calculate the average yourself, if you have the time. 😉

 

[randomedstudent]

don't know of a website, but residency salaries are controlled by the federal govt and vary only slightly depending on region/program. And to my knowledge your specialty has nothing to do with it, only your PG year, ie. all interns at one institution will be paid the same and then it will go up a little for your PGY-2 and so on. The range of intern salaries I recall on the interview trail last year were from a low of about $41,000 to a high of about $44,000. You usually go up about $1000 each year. So in general, expect mid 40k.

 

[mlw03]

i too would suggest just going to the website of the programs you're interested. i know of no website listing them all - they change a bit each year as programs adjust for cost of living. low-40s seems about average for pgy-1 with around a $1200 raise each year. i too have used the trick Dr. Cox suggested for places i want where i can't find anything on the pathology residency page about salary. just go to another department and look it up there.

 

[Caffiend_79]

There is a lot more to residency compensation than salary...

1. Health insurance: My intern program completely paid for my entire family's insurance with only small co-pays. My current program pays for my insurance (with moderate co-pays), but each additional family member is almost $200/month.

2. Parking: Intern year, parking was free. During residency, parking costs me $60/month.

3. Meals: Again, intern year I was given a meal card with a set amount of money on it per month depending on the number of calls I had. I was given so much money every month, I never had to pay for meals out of pocket. Now, I receive a "meal ticket" for nights I'm on call. I can't use the excess money from each ticket for a second meal, and the tickets can't be used between 9AM-5PM so I can't use them unless I'm on call. Currently, I probably spend $50-$80 per month on lunches.

4. Investment plans: Some programs will provide a set amount of matching funds if you want to invest into a 401k or some such program during residency. I don't know the technicalities because I have a family to feed. However, if you're single and forsee having disposible income it's something to consider.

5. Moonlighting: Some programs have built-in moonlighting. The amount of work between programs varies too. It's a lot easier to moonlight when your only working 50-60 hours/week versus 80 hours/week.

There are other perks to consider, but I can't think of them right now. Just keep all this in mind when picking your residency program.

 

[Winged Scapula]

Thank you...good points above. The "benes" may be worth much more than a few extra hundred dollars in salary will.

 

[elwademd]

they even give you a free room when you want to stay overnight, lol.



other "benes" (benefits) that some programs may have are: reimbursement for step 3, book allowance, reimbursement for obtaining your license, reimbursement for obtaining your dea certificate, paying for all meals when you're at the hospital regardless of the time (i.e. if you're there, you eat free, whether or not you're on call), and free parking during your entire training.

 

[Blade28]

other "benes" (benefits) that some programs may have are: reimbursement for step 3, book allowance, reimbursement for obtaining your license, reimbursement for obtaining your dea certificate, paying for all meals when you're at the hospital regardless of the time (i.e. if you're there, you eat free, whether or not you're on call), and free parking during your entire training.

God that would have been nice!

Step 3 - around $900
Loupes - around $900
License - around $800 (if you also use FCVS)
DEA - around $600

All NOT reimbursed here. 🙁

 

[ralphie48]

thanks again, great info

 

[Llenroc]

$44,000 is pretty standard right now across the country for all PGY-1 positions. You do not get much (if any) extra for living in the expensive parts of the country, like California and New York.

 

[buckley]

One program in Cleveland posts PGY 1 salary at 40, 316. I also thought this was a little low. But Im thinking maybe the cost of living is cheap... what do you guys think?

 

[Jolina]

PGY-1 IM program in NY. 55,000 + 1,800 (housing stipend) + 900 (meals).

 

[spumoni620]

One program in Cleveland posts PGY 1 salary at 40, 316. I also thought this was a little low. But Im thinking maybe the cost of living is cheap... what do you guys think?

There were 1 or 2 programs in California that on their website posted salaries of around $38K. In a big, expensive California city! But maybe there were other benefits (I think there was like a month of paid vacation and a relocation bonus...)

Another program in CA offers you a "bonus" if you stay there to complete your "entire residency", whatever that means.

As one poster mentioned, it doesn't look like programs are very good about raising salaries to meet the cost of living in cities.

 

[Winged Scapula]

There were 1 or 2 programs in California that on their website posted salaries of around $38K. In a big, expensive California city! But maybe there were other benefits (I think there was like a month of paid vacation and a relocation bonus...)

Another program in CA offers you a "bonus" if you stay there to complete your "entire residency", whatever that means.

As one poster mentioned, it doesn't look like programs are very good about raising salaries to meet the cost of living in cities.

Get used to it kids...in California and other desirable places salaries in medicine are often lower...unlike other professions where they pay you more to live in an expensive place.

I ended up taking a job in Arizona rather than home in California because I was getting offers in Cali anywhere from 50-100K less than elsewhere.

 

[GatorMedMan]

Sorry if it's been mentioned already, but moonlighting is another thing to consider depending on your specialty, how much time you have, and if it's permitted/available. For example, a psych resident here that moonlights inpatient over the weekend gets a little over $2000 flat rate plus around $50 per admission. One res. a few weeks ago had a real busy Saturday with 11 admissions, then a low-key Sunday with only five. So for working all day Saturday and then Sunday morning he raked in around $3k. Not too shabby.

 

[buckley]

Wow Jolina, that's a pretty sweet deal...Care to share the name of that hospital?

Of course salary is a consideration, but I think many of us joining the match are just anxious enough to match that we don't really consider the benefits anymore : (

 

[GatorMedMan]

Wow Jolina, that's a pretty sweet deal...Care to share the name of that hospital?

Of course salary is a consideration, but I think many of us joining the match are just anxious enough to match that we don't really consider the benefits anymore : (

UF.

Don't forget that I'm only speaking about the psych program though. I'm sure this isn't the norm in other specialties here.

 

[mlw03]

Get used to it kids...in California and other desirable places salaries in medicine are often lower...unlike other professions where they pay you more to live in an expensive place.

I ended up taking a job in Arizona rather than home in California because I was getting offers in Cali anywhere from 50-100K less than elsewhere.

this is a topic i've seen discussed in some of the specialty-specific forums. it's not surprising - hospital administrators aren't stupid. they know people want to live in LA, Manhattan, Boston and other popular cities. If you choose to live in those places it's a choice. $39K in Little Rock buys you a much nicer quality of life than $46K in Manhattan, but you lose many of the ammenities.

Picking a residency based on salary is a poor choice in my opinion - you can make ends meet on any salary (it's just a matter of how tight the rope gets), and after residency you can go wherever you want. So train where you'll get your professional needs met best.

 

[THP]

Picking a residency based on salary is a poor choice in my opinion - you can make ends meet on any salary (it's just a matter of how tight the rope gets), and after residency you can go wherever you want. So train where you'll get your professional needs met best.

I disagree with this part. If you have a family it is not fair to make them eat rice and beans every night when you can get a perfectly good training in a cheaper city.

 

[Winged Scapula]

UF.

Don't forget that I'm only speaking about the psych program though. I'm sure this isn't the norm in other specialties here.

I'm sure it IS (except for the meal allowance)...hospitals offer the SAME salary regardless of specialty based on PGY level.

 

[GatorMedMan]

I'm sure it IS (except for the meal allowance)...hospitals offer the SAME salary regardless of specialty based on PGY level.

Nice capital letters. Unfortunately my posts were about moonlighting opportunities, NOT salaries.

 

[Winged Scapula]

Nice capital letters. Unfortunately my posts were about moonlighting opportunities, NOT salaries.

I'm sorry if I offended you...pretty ironic considering the post I responded to was your incorrect response to a poster asking someone ELSE where they were getting paid $55K + housing allowance + meal allowance (post #18). They were clearly asking about salary not your comments about moonlighting.

So, yes I mistakenly assumed you were talking about salaries...since that is the topic of the thread and since you responded to someone asking about the location of the numbers above, but thank you for being so diligent to insult someone else making a mistake.🙄

 

[GatorMedMan]

I'm sorry if I offended you...pretty ironic considering the post I responded to was your incorrect response to a poster asking someone ELSE where they were getting paid $55K + housing allowance + meal allowance (post #18). They were clearly asking about salary not your comments about moonlighting.

So, yes I mistakenly assumed you were talking about salaries...since that is the topic of the thread and since you responded to someone asking about the location of the numbers above, but thank you for being so diligent to insult someone else making a mistake.🙄

Wow!! Not offended at all. Just messing with you. I apologize and shall refrain next time. If you must, please feel free to ban me for my sarcastic sense of humor and my incorrect first post. And also for posting about a topic like moonlighting that was not exactly on point with the thread. I must be the first poster on SDN to do so...oh wait, no, Caffiend_79 did so earlier in this thread. Remember? You thanked him/her for it.

I also apologize to all the readers of this thread for wasting their time with this banter. I just couldn't resist the bait thrown at me. I'll try my hardest to shut up now.🙂

 

[nykka3]

Does anyone know the salary cap used when deciding who gets to defer loans during residency? Is it still $40,0000? I hope it is higher by now. Thanks

 

[The Janitor]

I'll try my hardest to shut up now.

Promise?

 

[Jolina]

LIJ (Long Island Jewish Med. Center).

 

[Winged Scapula]

Does anyone know the salary cap used when deciding who gets to defer loans during residency? Is it still $40,0000? I hope it is higher by now. Thanks

Don't quote me...but I think it around $43-$45 or so now.

 

[elwademd]

Does anyone know the salary cap used when deciding who gets to defer loans during residency? Is it still $40,0000? I hope it is higher by now. Thanks

Don't quote me...but I think it around $43-$45 or so now.

depends on the lender.

some lenders will let you defer for your entire residency based on the simple fact that you're in residency.

other lenders want to know your salary and what state you're in, and provide a mathematical forumla to determine whether or not you can afford to start paying back loans.

but in general, if you make less than 45k you're safe... but check with your lender to make sure!