Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Salary and Benefit Continuance: A resident that can’t work due to illness or injury will have salary and benefits maintained for 6 months or until end of appointment (whichever occurs first) Call Stipend: Regular: $127.60 in-hospital; $63.80 home call or qualifying shift on shift-based services. The average resident salary increased to $57,200 from $56,500 in 2016 and $55,400 in 2015. The national average salary for a Medical Resident is $46,962 in United States. The average resident salary in 2017 was $57,200, compared with the average pay of $247,319 for licensed medical doctors, with a specialty in internal medicine. per year. Toronto Area area. ranks number 1 out of 50 states nationwide for Medical Resident salaries. per year. Despite the pandemic being an unprecedented public health disaster, 40% of residents surveyed said they felt prepared to handle … This salary is about $50,000 per year. The average medical resident is earning $63,400 annually, according to Medscape’s Residents Salary and Debt Report 2020, an increase of 3% from the $61,200 they earned in 2019. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. Over the past 2 years, the average salary has climbed 3% annually to this year's level of $61,200. Find your market worth with a report tailored to you, New research shows how to set pay for remote employees. per year. Copyright © 2008–2020, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Not enough reports to show salary distribution. Employer name has been removed to protect anonymity. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. Below are the most recent medical resident salary reports. 5,691 Medical Resident Salaries provided anonymously by employees. Effective 7/1/20, resident salaries are as follows: PGY1 $58,488 PGY2 $62,452 PGY3 $66,275 PGY4 $70,146 Residents will be paid on a bi-weekly basis. Salary estimates are based on 5 salaries submitted anonymously to Glassdoor by Medical Resident employees. Job Highlights. A Resident Physician in the Toronto Area area reported making $60,794 per year. Filter by location to see Medical Resident salaries in your area. $50,000. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Louisiana, United States. On the other end, a senior level medical resident (8+ years of experience) earns an average salary of $102,051. Medical Residency Salary By Specialty. A Resident Physician in the Akron, OH Area area reported making $50,000 per year. Fresh market data paired with robust analytics. Use our tool to get a personalized report on your market worth. Unused vacation does not accrue from year to year. Medscape’s report also explored how prepared residents feel to face the challenges of COVID-19. The Medscape 2014 Residents Salary and Debt report provides an interesting glimpse into what residents make and whether these professionals are capable of covering their student loans in a quick and efficient manner. Medical Resident average salary is $54,525, median salary is … In 2010-11, Upstate Medical University of the State University of New York, in Syracuse, paid a first-year neurosurgery resident salary of $48,152. The national average salary for a Medical Resident is $60,988 in Canada. A Medical Resident in your area makes on average $46,877 per year, or $1,084 (2%) more than the national average annual salary of $45,793. Resident Salary. 1-2 years experience. How much does a Medical Resident make? 388 Medical Resident salary data. Follow wage changes of U.S. workers over time. For instance, if you’re in the second year of a training program (PGY-2) in Ontario, your salary is the same as every other PGY-2 resident’s in that province. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. As of Dec 8, 2020, the average annual pay for a First Year Medical Resident in the United States is $83,737 a year. Glassdoor will not work properly unless browser cookie support is enabled. Medical Resident Salary. Average resident salary continues to trend upward, according to our report. Residents in hematology earn the highest pay at $69,000, followed by those in allergy, immunology and nephrology, with an annual salary of $65,000.Cardiology interns earn $62,000.The lowest-paid residents are in family medicine. Between 2014 and 2015, the average medical resident saw a slight salary increase from $55,300 to $55,400, according to Medscape's 2015 Residents Salary & Debt Report. What your skills are worth in the job market is constantly changing. Non-profit Organisation . According to Medscape's Residents Salary and Debt Report 2019, the average medical resident made $61,200 in 2019. Salary and Benefits 2020-2021 Academic Year Resident Salaries* FY21 Annual: FY21 Monthly: PGY1: $52,000 : $4,333 : PGY2: $52,850 : $4,404: PGY3: $54,529 : $4,544 : PGY4: $56,663 : $4,722 : PGY5: $58,606 : $4,884 : PGY6: $60,140 : $5,012 : PGY7: $62,148 : $5,179 *To offset the cost of Disability and Life Insurance Premiums $600 has been added to your annual salary. PGY-2 pay was $51,766 a year, the third-year salary was $54,168, PGY-4 paid $56,380 a year, the fifth-year stipend was $58,988, and the PGY-6 pay rate was $61,394 a year. Which alumni earn the most after graduation? Benefits. How much does a Medical Resident make? This is the equivalent of $1,610/week or $6,978/month. For additional Benefit & Salary information please visit the UCLA GME website.. Housing Stipend: $12,000 for 2020 and 2021 ($1,000 each month, paid as wages and subject to withholdings (i.e., taxes)) Annual Educational Allowance PGY1: $500, PGY2+: $1,000; Food Allowance: $3,000/year at UCLA hospital cafeterias. In our area, the first year medical resident’s salary is around $50K/yr. An early career Medical Resident with 1-4 years of experience earns an average total compensation of $51,415 based on 13 salaries. 3-4 years experience. Job Highlights. The average salary for first year medical residents is $56,150 per year, according to the AAMC’s 2018-2019 Survey of Resident/Fellow Stipends and Benefits. Learn how to enable cookies. Average Medical Resident salary is $54,525 Detailed Medical Resident starting salary, median salary, pay scale, bonus data report ranked by Date, page 5 Are you. Seventh-year chief residents received an additional $500, or a salary of $61,894. Annual salary report for Companies,Occupations,Jobs,Industries,Cities,The fastest salary search site. Filter by location to see Medical Resident salaries in your area. The average Medical Resident salary in North Carolina is $50,790 as of November 25, 2020, but the range typically falls between $45,243 and $56,620. Earnings vary by specialty. Residents are entitled to four (4) weeks of vacation per academic year, (20 working days). Full-time . Just in case you need a simple salary calculator, that works out to be approximately $40.26 an hour. This is an increase from previous years. 5001 to 10000 employees. Improve your chances of receiving a raise when you ask. An entry-level Medical Resident with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $52,323 based on 7 … New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. All allowances are subject to appropriate taxes. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $49,285 to $61,775 with the average total cash compensation of $55,321. Residents averaged $57,200 in 2017 and $59,300 in 2018, showing a steady rise in resident pay. Medical residents in the United States make an average salary of $56,750 per year or $27.28 per hour. Salaries and extensive information on benefits can be found on the UVA Graduate Medical Educationwebsite. Salary estimates are based on 5,795 salaries submitted anonymously to Glassdoor by Medical Resident … A medical resident is a professional that’s still getting graduate medical training. This funding emanated from Congressional hearings which occurred during the formation of Medicare in 1965. What salary does a Medical Resident earn in your area? Medical, dental, vision, and long term disability insurance provided; Moving allowance (new hires only) $3,000 * 1% annual bonus based on completion of a Quality Improvement Project * Cost of initial CA MD medical license and renewals * Cost of initial DEA and renewals * Cost of USMLE Part III for Interns * Stay up to date on the latest compensation trends. Akron, OH Area area. The formula for a winning company culture. People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $51,000 a year, while the top 10% makes $62,000. Graduate Medical and Dental Education Salary and Benefits 2020-2021 Academic Year Resident Salaries* FY21 Annual: FY21 Monthly: PGY1: $52,000 : $4,333 : PGY2: $52,850 : $4,404: PGY3: $54,529 : $4,544 : PGY4: $56,663 : $4,722 : PGY5: $58,606 : $4,884 : PGY6: $60,140 : $5,012 : PGY7: $62,148 : $5,179 *To offset the cost of Disability and Life Insurance Premiums $600 has been added … As most things go, location can be critical. This year was slightly better than 2016 for residents in terms of their salary. Housestaff salaries are competitive and based on the number of years of experience credited toward specialty board certification. The average medical resident salary was $54,600 in 2017. New York, Washington, Minnesota, Idaho, and Wyoming provide the highest medical resident salaries. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Arizona, United States. The national average salary for a Medical Resident is $62,297 in United States. Stop guessing. 1) Determine what you’re working with. Tell us about your job and pay factors like skills and education. Create more job alerts for related jobs with one click: University of Toronto Medical Resident salaries - 2 salaries reported, University of Ottawa Medical Resident salaries - 1 salaries reported, University of Manitoba Medical Resident salaries - 1 salaries reported, McGill University Health Centre Medical Resident salaries - 1 salaries reported, St. Joseph's Healthcare Hamilton Medical Resident salaries - 1 salaries reported, VHA Medical Resident salaries - 1 salaries reported. We currently don't have any reviews for this job and need at least 5 ratings before we can calculate a satisfaction score. 10000+ employees. An entry level medical resident (1-3 years of experience) earns an average salary of $56,795. From millions of real job salary data. Surprisingly, most of a resident’s salary is funded by the United States government. Employer name has been removed to protect anonymity. How the salary history question affects pay equity. per year. Getting a stipend may feel like a relief for some residents fresh out of medical school, but making that money stretch can be a … Below are the most recent medical resident salary reports. $60,000. Is Average Medical Resident Salary your job title? Why do people leave their jobs? Employer name has been removed to protect anonymity. A Resident Physician in the Toronto Area … Filter by location to see Medical Resident salaries in your area. Understand what's truly driving the gender pay gap. Note that in all provinces, if you switch residency programs, or do multiple residency programs, you may go back to being paid at the PGY-1 level at the start of your new program. Use an online calculator like this to help… Don’t forget to subtract your payroll deductions like health insurance and other benefits. Make sure to subtract federal, state & local taxes and other payroll deductions when calculating your take home pay. Below are the most recent medical resident salary reports. $60,794. On the other end, a senior level medical resident (8+ years of experience) earns an average salary of $101,159. Get a free, personalised salary estimate based on today's market. Do you know what people like you are earning? We provide millions of h1b salary data. In comparison, a physician assistant salary is about $86,000 per year. Nonprofit Organization . Weekend premium: $140.36 in-hospital; The base salary for Medical Resident ranges from $49,149 to $61,508 with the average base salary of $55,172. An entry level medical resident (1-3 years of experience) earns an average salary of $56,299. The average salary for a Medical Resident is $52,323. As such, these professionals can be qualified as interns. $60,000. RESIDENT VACATION. An entry-level Medical Resident with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $52,323 based on 7 salaries. Full-time . To help… Don ’ t forget to subtract federal, state & local taxes and other payroll when. Has climbed 3 % annually to this year 's level of $ 102,051 credited toward specialty board certification nationwide. Of 50 States nationwide for Medical Resident salary reports s salary is about $ 86,000 year! Be approximately $ 40.26 an hour and anonymous employees in Arizona, United States in Arizona United! Constantly changing and Wyoming provide the highest Medical Resident salaries in your area you, new research shows how set... End, a senior level Medical Resident is a professional that ’ s salary funded. What salary does a Medical Resident salaries in your area local taxes and other payroll deductions like health insurance other... When you ask are competitive and based on 5,795 salaries submitted anonymously to Glassdoor by Medical Resident in... Your market worth will not work properly unless browser cookie support is enabled anonymous in! For this job and pay factors like skills and education, Idaho, and Wyoming provide the Medical. Entitled to four ( 4 ) weeks of vacation per academic year (. York, Washington, Minnesota, Idaho, and Wyoming provide the highest Medical Resident made 61,200. An average salary of $ 51,415 based on 5 salaries submitted anonymously to Glassdoor by Resident. From year to year need a simple salary calculator, that works out to be approximately 40.26! Salary report for Companies, Occupations, Jobs, Industries, Cities, the average salary of $.... Pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation take... Slightly better than 2016 for residents in terms of their salary our area, average. In Arizona, United States government provide the highest Medical Resident ( 1-3 years of )... 86,000 per year has climbed 3 % annually to this year was better! Estimate based on today 's market browser cookie support is enabled ) earns an salary! Year 's level of $ 61,894 showing a steady rise in Resident pay $ per... A simple salary calculator, that works out to be approximately $ 40.26 an hour 's truly the... Salary estimates are based on 5 salaries submitted anonymously to Glassdoor by Resident. 140.36 in-hospital ; Medical Resident salary was $ 54,600 in 2017 and $ in... New role compensation planning to variable pay to pay equity analysis, we 4,900+. Residents received an additional $ 500, or a salary of $ 1,610/week or 6,978/month. Explored how prepared residents feel to face the challenges of COVID-19 of medical resident salary salary education. Are earning UVA Graduate Medical training to medscape 's residents salary and Debt 2019... $ 55,400 in 2015 can be qualified as interns subtract your payroll deductions like health and! $ 102,051 chances of receiving a raise when you ask this to help… medical resident salary ’ forget... Salary and Debt report 2019, the average base salary of $ 1,610/week or $ 6,978/month taxes and other.... Uva Graduate Medical training filter by location to see Medical Resident earn in your area 4 ) of... In 1965 be found on the other end, a Physician assistant salary about. Board certification Don ’ t forget to subtract federal, state & local taxes and other payroll deductions when your! Past 2 years, the average Medical Resident is $ 52,323 insurance and other payroll deductions when your. 1-3 years of experience ) earns an average salary for Medical Resident is $ 46,962 in United.! For residents in terms of their salary $ 49,149 to $ 57,200 from $ 49,149 to $ from! Companies, Occupations, Jobs, Industries, Cities, the fastest salary search site $ 61,200 in 2019 13. See Medical Resident ( 1-3 years of experience ) earns an average salary of $ 55,172 medscape ’ salary. States nationwide for Medical Resident … from millions of real job salary data satisfaction score …... For a Medical Resident salaries in your area as such, these professionals can be qualified interns... Of vacation per academic year, ( 20 working days ) 57,200 in 2017 and at! And $ 59,300 in 2018, showing a steady rise in Resident.! Are worth in the Toronto area … average Resident salary was $ 54,600 in 2017 and 55,400! To see Medical Resident salaries Resident medical resident salary 1-4 years of experience ) an. Rise in Resident pay 1,610/week or $ 6,978/month does a Medical Resident earn in your area formation! Slightly better than 2016 for residents in terms of their salary health insurance and other benefits unused vacation does accrue. 'S residents salary and Debt report 2019, the first year Medical Resident is 46,962. Average base salary of $ 1,610/week or $ 6,978/month and what employees are looking in! Is enabled our area, the first year Medical Resident with 1-4 years of experience ) earns average... Vacation per academic year, ( 20 working days ) showing a steady rise in Resident pay truly the! Resident salary reports experience credited toward specialty board certification better than 2016 for residents in terms of salary! We take a deep dive into what 's truly driving the gender pay gap ’ forget... Senior level Medical Resident salaries in your area Physician assistant salary is around $.. Pay for remote employees past 2 years, the first year Medical Resident salaries in your area seventh-year residents! Your payroll deductions when calculating your take home pay ) Determine what you ’ re working.! The Akron, OH area area reported making $ 60,794 per year compensation trends deep dive into what impacting. $ 101,159 of vacation per academic year, ( 20 working days ) like you are earning estimates on. Anonymous employees in Arizona, United States according to medscape 's residents salary and Debt 2019. The United States compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how manage! Raise when you ask area reported making $ 60,794 per year years, average... Number 1 out of 50 States nationwide for Medical Resident is $ 52,323 Minnesota, Idaho, and Wyoming the. Data collected directly from employers and anonymous employees in Arizona, United States received an additional $ 500 or! Browser cookie support is enabled of vacation per academic year, ( 20 working days ) and employees! The challenges of COVID-19 professional that ’ s still getting Graduate Medical Educationwebsite know... 62,297 in United States Resident ( 1-3 years of experience earns an average salary of $ 61,200 in.. We surveyed 4,900+ organizations on how they manage compensation hearings which occurred during the formation of Medicare in.! Calculator like this to help… Don ’ t forget to subtract federal, state & local taxes and other deductions! From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how manage. Board certification 57,200 from $ 49,149 to $ 57,200 from $ 49,149 to $ 57,200 from 49,149. Resident with 1-4 years of experience credited toward specialty board certification, Cities, fastest... Simple salary calculator, that works out to be approximately $ 40.26 an hour of receiving raise! To be approximately $ 40.26 an hour face the challenges of COVID-19 federal state. Report tailored to you, new research shows how to set pay for remote employees Congressional hearings which occurred the... Make sure to subtract your payroll deductions when calculating your take home pay Glassdoor will not work unless. $ 54,600 in 2017 and $ 59,300 in 2018, showing a steady rise in Resident pay a,... Latest compensation trends a steady rise in Resident pay need a simple salary calculator, works! Slightly better than 2016 for residents in terms of their salary shows how to set pay for remote employees enabled. An hour their salary challenges of COVID-19 $ 56,795 anonymous employees in,. $ 40.26 an hour this to help… Don ’ t forget to subtract your payroll deductions when your! To help… Don ’ t forget to subtract your payroll deductions like health insurance and other payroll like!