Below you will find a summary of the salary and benefits offered to our residents. This summary is not intended to be contractual and is subject to change.
2018-2019 Annual Salary
| PGY-1 | $52,500 |
| PGY-2 | $53,500 |
| PGY-3 | $54,500 |
| PGY-4 | $55,500 |
| PGY-5 | $57,500 |
| EMS or Sports Medicine Fellow from 3-Year Program | $55,500 |
|
Sports Medicine Fellow from 4-Year Program |
$57,500 |
*Chief residents in three- and four-year programs receive one PGY step higher in salary. Chief residents in five-year programs receive the PGY-5 level salary.
Insurance and Retirement Programs
| Medical* (costs shared) |
Effective upon formal start date of residency training |
|
Aflac Voluntary Coverage* - Hospital, Critical Illness, and Accident Insurance |
Effective the first of the month following one month of service |
| Dental* | Effective the first of the month following one month of service |
| Vision* (voluntary) | Effective the first of the month following one month of service |
| Flexible Spending Accounts |
Effective upon formal start date of residency training |
|
Life/Accidental Death and Dismemberment |
Effective the first of the month following one month of service |
| Supplemental Life (voluntary) | Effective the first of the month following one month of service |
| Dependent Life* (voluntary) | Effective the first of the month following one month of service |
| Sick Leave/Short and Long Term Disability |
Effective first day of orientation |
|
Worker's Compensation |
Effective upon employment |
| Retirement Plan (funded by WMed) |
Effective upon employment |
|
403(b) Savings Program (voluntary) |
Effective upon employment |
Time Away from Work
| Vacation (21 days annually) | Effective Upon Employment |
|
Up to 3 paid days off to take the USMLE Step 3 or the COMLEX Level 3 exams on one occasion during residency |
Effective Upon Employment |
|
Professional Development Allowance |
Effective Upon Employment |
|
Up to 3 paid days off and reimbursement for allowable travel and meeting expenses for research presentation at professional meeting |
Effective Upon Employment |
|
Family/Medical/Parental (FMLA) |
Following 12 months of employment and at least 1,250 hours of work over the previous 12 months |
|
Bereavement, Jury Duty, Military |
Effective Upon Employment |
|
Personal Leave |
Effective Upon Employment |
Training
|
BLS/ACLS and required recertifications (all Residents) |
Effective Upon Employment |
| PALS, ATLS, FCCS, ALSO, FLS & Neonatal Resuscitation (specified programs) | Effective Upon Employment |
All of the following are effective upon employment:
- Resident Counseling Svc./Employee Assistance Program*
- Annual fitness club stipend (taxable benefit)
- Food stipend
- Call rooms provided for residents taking night call
- Free parking at WMed Oakland Drive Campus and hospitals
- New white coats annually, upon request
- Full digital library access including UpToDate®
- Western Michigan University Homer Stryker M.D. School of Medicine faculty appointment, rank of Instructor
- Educational Limited/Controlled Substance License fees paid by WMed
- Professional Liability Insurance paid by WMed
- Moving Loan available
- USMLE Step 3 and COMLEX Level 3 Loans