Stipends & Benefits

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  $     55,886.25
PGY -2  $     57,041.25
PGY -3  $     58,773.75
PGY -4  $     59,928.75
PGY -5 and above  $     61,083.75

Benefits & Resident Resources

This information is a summary of benefits available to residents. For candidates, you will recieve a more detailed description of benefits upon acceptance of an invitaion 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 - 20 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 - The following courses will be provided at no cost to the resident based on the residency program;BLS, ACLS, PALS, ATLS.

Moonlighting - PGY-2 through PGY-6 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.