Do we get salary during residency? - USMLE Forums
USMLE Forums Logo
USMLE Forums         Your Reliable USMLE Online Community     Members     Posts
Home
USMLE Articles
USMLE News
USMLE Polls
USMLE Books
USMLE Apps
Go Back   USMLE Forums > IMG Residency Match Forum

IMG Residency Match Forum International Medical Graduates (IMGs) discussing the residency matching process.


Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 10-15-2010
USMLE Forums Addict
 
Steps History: Not yet
Posts: 169
Threads: 61
Thanked 40 Times in 26 Posts
Reputation: 50
Resident Do we get salary during residency?

So in residency do we get salary and if so how much per month and is it really enough for two people (doctor and his wife)?

I know it differs between different specialties and different cities but let's take the least one


Thanks
Reply With Quote Quick reply to this message


  #2  
Old 10-15-2010
Ex-USMLE Forums Staff
 
Steps History: 1+CK+CS+3
Posts: 753
Threads: 106
Thanked 2,166 Times in 464 Posts
Reputation: 2214
Info Salary may or may not be enough

Yes, you will be paid a salary.

Usually it's enough for you and your spouse. But you have children you may get into hardships.

The minimum salary is $40,000 per year and the maximum salary is $58,000 per year. That's for the first year of residency, usually it gets higher with the subsequent years.

You'll usually get some benefits also, like paid leave, health insurance, transportation allowances, subsidized accommodations, ...etc

As you pointed out, it varies significantly between programs and cities. For example if you live New York City you'll be killed by very high expenses and your salary may not be enough to survive but on the other end if you live in a rural/suburban area in Idaho you'll even save some money from that salary.
Reply With Quote Quick reply to this message
  #3  
Old 10-15-2010
USMLE Forums Addict
 
Steps History: Not yet
Posts: 169
Threads: 61
Thanked 40 Times in 26 Posts
Reputation: 50
Default

first of all why is it in year prospective

they give us the salary monthly right?

so you says that living in NY is the highest expanses over all cities if so how much would be enough there so we can set it as a highest bar to prepare my self and by the way what to do if the salary isn't enough as you says?
Reply With Quote Quick reply to this message
  #4  
Old 10-15-2010
Ex-USMLE Forums Staff
 
Steps History: 1+CK+CS+3
Posts: 753
Threads: 106
Thanked 2,166 Times in 464 Posts
Reputation: 2214
Default

Quote:
Originally Posted by athman View Post
first of all why is it in year prospective

they give us the salary monthly right?

so you says that living in NY is the highest expanses over all cities if so how much would be enough there so we can set it as a highest bar to prepare my self and by the way what to do if the salary isn't enough as you says?
--The irony of the US financial system is that they report salaries in yearly income for full-time employees such as residents and in hourly income for part-time employees such as Starbucks sales persons even though you get your paycheck on a monthly or weekly basis! You have to get used to it.

--To set the highest bar, you need to pick the highest salary and live in a cheapest place.

--If your salary isn't enough you have two options: either borrow money or cut spending like by moving to cheaper neigborhood and commute daily to your hospital or by selling your car and using the public transportation ...etc
Reply With Quote Quick reply to this message
  #5  
Old 10-15-2010
USMLE Forums Addict
 
Steps History: Not yet
Posts: 169
Threads: 61
Thanked 40 Times in 26 Posts
Reputation: 50
Default

i ment if i will work in NY for example and i did get 48000 which is the lowest so that is 3333 monthly

what is the estimation for a normal life expanses (it should be higher than 3333$)?


i mean how much more do i need?
Reply With Quote Quick reply to this message
  #6  
Old 10-15-2010
Ex-USMLE Forums Staff
 
Steps History: 1+CK+CS+3
Posts: 753
Threads: 106
Thanked 2,166 Times in 464 Posts
Reputation: 2214
Default It varies

Quote:
Originally Posted by athman View Post
i ment if i will work in NY for example and i did get 48000 which is the lowest so that is 3333 monthly

what is the estimation for a normal life expanses (it should be higher than 3333$)?


i mean how much more do i need?
How did you calculate it as $3333 per month? the tax is usually higher than what you calculated.

Anyway. Nobody can give you an estimate of how much you need per month. Becuase it depends on what life style you will follow. Are you going to buy a car, get an iPhone, eat in restaurants, subscribe to a gym, ...etc
There are couples who can live with $1500 per month and others who can't live without $6000 per month.
Reply With Quote Quick reply to this message
  #7  
Old 10-15-2010
USMLE Forums Addict
 
Steps History: Not yet
Posts: 169
Threads: 61
Thanked 40 Times in 26 Posts
Reputation: 50
Default

oh i did forget abt the taxes

i divide 40000/12

is there any article talking abt residency life you know so i take look at it?
Reply With Quote Quick reply to this message
  #8  
Old 10-15-2010
Ex-USMLE Forums Staff
 
Steps History: 1+CK+CS+3
Posts: 753
Threads: 106
Thanked 2,166 Times in 464 Posts
Reputation: 2214
Default

Quote:
Originally Posted by athman View Post
oh i did forget abt the taxes

i divide 40000/12

is there any article talking abt residency life you know so i take look at it?
Try this
http://www.usmle-forums.com/tags/Residency-Life.html
Reply With Quote Quick reply to this message
  #9  
Old 10-15-2010
good_boy_1234's Avatar
USMLE Forums Master
 
Steps History: 1 + CS
Posts: 546
Threads: 91
Thanked 320 Times in 145 Posts
Reputation: 366
Default

I want to add that there are States with no income taxes :

Alaska
New Hampshire
Tennessee
Florida
South Dakota
Washington
Nevada
Texas
Wyoming
Reply With Quote Quick reply to this message
The above post was thanked by:
Jugal Kishore (01-05-2014)
  #10  
Old 03-26-2011
USMLE Forums Addict
 
Steps History: 1 + CK
Posts: 124
Threads: 45
Thanked 68 Times in 23 Posts
Reputation: 78
Default

hi

wud u say the salaries are same for community colleges and universities ??
are these the figures for universities ???
Reply With Quote Quick reply to this message



Reply

Tags
Post-Residency-, Residency-Life

Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the USMLE Forums forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:
Medical School
Choose "---" if you don't want to tell. AMG for US & Canadian medical schools. IMG for all other medical schools.
USMLE Steps History
What steps finished! Example: 1+CK+CS+3 = Passed Step 1, Step 2 CK, Step 2 CS, and Step 3.

Choose "---" if you don't want to tell.

Favorite USMLE Books
What USMLE books you really think are useful. Leave blank if you don't want to tell.
Location
Where you live. Leave blank if you don't want to tell.

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.



Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes


Similar Threads
Thread Thread Starter Forum Replies Last Post
Roadmap to Residency rasheed IMG Residency Match Forum 3 03-24-2016 12:06 AM
What is residency and residency match? shininggirl IMG Residency Match Forum 4 10-21-2010 03:58 PM
looking for residency samina General Topics Forum 2 09-25-2010 02:12 PM
Transfers and residency!!! chardoc General Topics Forum 3 09-14-2010 01:10 PM

RSS Feed
Find Us on Facebook
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

USMLE® & other trade marks belong to their respective owners, read full disclaimer
USMLE Forums created under Creative Commons 3.0 License. (2009-2014)