Residents Salary and Benefits
| Annual Salary | First Year | Second Year | Third Year |
|---|---|---|---|
| 2023-2024 Year | $60,150 | $63,150 | $65,150 |
| Benefit | Provisions |
|---|---|
| Medical |
Plan Options: ChoiceShare, Choice HSA & Premium Premiums Begins first day of employment |
|
Dental Vision |
Choice Basic, Choice Plus & Managed Care (DHMO)
|
| Disability |
BayCare Provided STD: 50% of covered base salary available 14 days after disability begins STD Buy-up Options: 66.67% of covered base salary after 7 days BayCare Provided LTD Benefit: 40% of covered base salary after 180 days of disability LTD Buy-up Option: 60% of covered base salary after 180 days of disability Begins first day of employment Begins first day of employment |
| Life Insurance & ADD |
BayCare Provided Life: One times base salary Spouse & Child Life available BayCare Provided AD&D: One times base salary Begins first of the month following 60 days of employment |
| Paid Time Off |
20 days/year (includes sick, vacation, holiday and personal days) No Carryover |
| Commencement Bonus | $1,500 |
| 401(k) |
Eligible for BayCare's 401(k) plan Match $.50 on the $1 up to 6% Core: 2% non-elective contribution after a year of service |
| Doc Be Well & Employee Assistance Program (EAP) |
Doc Be Well available to all Residents Family members can utilize BayCare's EAP which includes 6 visits per year per family member |
| Phone/iPad | $500 one-time stipend for PGY-1 to be paid with commencement bonus |
| Food | Provided while on duty; including in-house call |
| Lab Coats | 2 provided in year 1; additional lab coats provided as needed |
| Perks |
BenefitHub Discounts |
| Parking | No charge |
| Education Allowance |
PGY 1: 5 days/$1000 PGY 2: 5 days/$1300 + cost of ABFM SAMS modules PGY 3: 5 days/$1700 (Residents may use up to $300/year to purchase educational materials) |
| ABMS Boards | BayCare will cover the cost of the first attempt at ABMS Board Exam |
| Florida License & DEA | Expenses covered by BayCare |
| Professional Membership(s) Required by Program | Expenses covered by BayCare |
| USMLE Step 3 Registration | BayCare will cover the cost of the first attempt. |