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Compensation & Benefits for 2011-12
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First Year |
Second Year |
Third Year |
Salary |
$47,585 |
$49,964 |
$52,814 |
Sign On Bonus* |
$8,000 |
N/A |
N/A |
Housing |
$5,000 |
$4,800 |
$4,800 |
Total Pay |
$60,585 |
$54,764 |
$57,614 |
Relocation** |
$1,000 (max) |
N/A |
N/A |
CME Allowance |
$1,800 |
$1,800 |
$1,800 |
CME Leave |
5 days |
5 days |
5 days |
Vacation |
3 weeks |
3 weeks |
3 weeks |
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*Repayment required if Residency is not completed
**Each resident receives 1⁄2 of actual moving expense, not to exceed $1,000
Compensation is determined in late November for the next academic year.
Additional Benefits:
 Paid Sick Leave - 10 days
Parental Leave
Personal Leave - 3 days
Practice Location Leave - 3 days
Paid Holidays (New Year’s Day, Memorial Day, July 4, Labor Day, Thanksgiving, Christmas)
iTouch
Health/Hospitalization Insurance for resident & immediate family (Program pays premium)
 (Coverage begins on first day of employment)
Life Insurance - $100,000 (Program pays premium)
Long Term Disability Insurance (Program pays premium)
Malpractice Insurance – also covers moonlighting (Program pays premium)
Program pays for USMLE Step 3, COMLEX Level 3, Indiana State Medical License, CSR, DEA
(Monies do not come out of resident’s CME allowance)
Tax-deferred investment (403-b) available for resident participation
Membership Dues paid for selected Medical Professional Organizations
Meals provided at no charge at all hospitals & Thursday didactics
Hospitals provide call rooms when on call
Hospitals will launder scrubs
Hospitals will launder lab coats when contaminated
Complimentary tickets to various events
This information is for reference only. The applicable plan document or policy, which is subject to change at any time, governs eligibility, benefits, and conditions.
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