Muhammad
Do residents doctors get paid and if they do how much during their 4 years of training?
I would like to know about this questions because I am looking forward to being a neurologist in the future. #doctor #medicine #medicare
2 answers
Joe Frushon
Joe’s Answer
Hi Muhammad,
Sorry--not my area of expertise, but check out the following link.
http://work.chron.com/much-resident-doctors-paid-5461.html
In general: Residency programs vary in length anywhere from three to seven years, depending on the specialty. Most resident doctors are typically paid a salary in the range of $40,000 to $50,000 a year, according to data from the American Medical Association.
Good luck!
As outlined below: residents are paid a salary that typically increases annually. It varies according to where you live, adjusted for cost of living.
Ana Felix
Maria Hubbard, MD, FAAN
Maria’s Answer
Hi
Resident neurologists get paid a yearly stipend (salary) in monthly or biweekly instalments (however the institution has their payroll set) regardless of how many hours they work per day. They do get more pay as they advance in their year of training, so a resident on his first year makes less than a senior resident. Average salaries for residents are 50-60,000/yr. Back in the day when I trained I received about 24,000/yr. The number of hours is regulated and can not be more than a certain number per day. They also get a paid vacation of variable duration (about 3-4 weeks per year) and sick leave. Most will get health insurance and other benefits. Most important is your career satisfaction and your income potential once you finish residency. There is a wide range for full time income from about $180,000 to upwards of $500,000/yr; These quantities do depend on board certification(s), experience, achievements, skills, how many hours you work/week and how many services you provide per day and many other variables. Overall it is a great career.