Stipends - Academic Year 2020-2021
The rate of resident stipends at Western Reserve Hospital is determined by the postgraduate year level of training. Stipend rates for 2020-2021 year are as follows:
|Level of Training||Annual Salary|
|PGY -1||$ 56,721.60|
|PGY -2||$ 57,907.20|
|PGY -3||$ 59,675.20|
|PGY -4||$ 60,736.00|
|PGY -5 and above||$ 62,233.60|
Benefits & Resident Resources
This information is a summary of benefits available to residents. For candidates, you will receive a more detailed description of benefits upon acceptance of an invitation to interview with one of our residency programs.
Medical and Dental/Vision insurance - several plan options are available to choose from at competitive rates.
Malpractice/ liability insurance is carried on each resident by the hospital.
Life Insurance & 401(k) Profit Sharing are available to residents.
Short/Long Term Liability is available to residents.
Paid Time Off - 25 working days per year per approval of the program director (includes time off for illness, bereavement and vacation).
Educational Allowance - Residents receive $1,500 per academic year for reimbursement of educational equipment, supplies and fees.
Board Preparation Allowance - Residents receive $1,000 for reimbursement of approved board preparation expenses.
Educational Conferences - Residents are given 5 days of conference time each year for medical conventions and conferences outside the hospital. A travel allowance will be provided for registration, hotel and airfare; all travel must be pre-approved to receive allowance.
Life Support Certification Courses - These courses will be provided at no cost to the resident.
Moonlighting - PGY-2 and PGY-3 residents may engage in moonlighting activities, rescrictions apply.
Lab Coats- Two lab coats are provided each year.
Sign-on Bonus - Internal Medicine residents will be given a sign-on bonus of $10,000.
Parking - Provided at no cost.
In-House Gym - weight lifting and cardio equipment on site.
Resident Lounge - space exclusively for residents with sitting areas, work stations, lockers, refreshments & snacks, and large screen TV.