Resident salaries
PGY1
$85,038
PGY2
$88,225
PGY3
$94,593
PGY4
$95,677
The residents are fortunate to be unionized under the Committee of Interns and Residents. In addition to the above salaries through CIR, the residents receive:
- $3,800/year meal allowance
- Four weeks of paid vacation each year
- 10 federal holidays each year
- 5 Conference Days
- Malpractice insurance coverage is provided by the Health and Hospitals Corporation (HHC) of the City of New York
Additionally, CIR provides:
- $550 New Resident Differential bonus when you begin residency
- $750 Professional Education Plan (PEP) each year provides reimbursement for educational activities, educational equipment, and registration fees
- $1,500 Continued Learning Program (every 3 years)
- $3,000 QI/PS Quality Improvement Scholarship
- $3,500 childcare reimbursement annually
- Prescription coverage $500 yearly for member and $500 yearly for each dependent
- Optical coverage, one free eye exam yearly for each dependent and one free pair of lenses and set of frames yearly for each dependent (up to $225)
- Dental coverage, two plans through Guardian: Managed Dental Guard (an in-network plan) and Dental Guard Preferred (an out-of-network plan)
- Life insurance, $150,000 for member — $20,000 for spouse
- Disability insurance, Short Term Disability — up to $875 a month up to 90 days, Long Term Disability — 70% of annual salary up to $3,500 per month
- Other benefits: OB/GYN, Newborn, Out-Patient Mental Health, Legal Services benefit, Free Rosetta Stone Language benefit, New York Sports Club discount, amongst others
