Resident Salary 2015-2016
|Chief Resident Differential||$2,500|
There is a flexible benefits program available for Psychiatry Residents and their families. Two medical coverage options are through United Healthcare that range from $50 to $105, out of pocket expense, for singles. Two dental coverage plans are offered through Cigna Dental HMO Plan and the Cigna Dental PPO Plan that range from $5.92 to $21.53, out of pocket expense, for singles. Because your health is just as important as the health of our patients, Northwell Health offers all eligible employees participation in four wellness pledges that will bring your health to the forefront while crediting your paycheck $1,040. The Vision Care Plan, administered by Davis Vision, is optional and coverage is paid for by the employee.
If you cannot work due to illness or injury, it is important to have a source of continuing income to help you meet your day-to-day needs. Basic long term disability insurance provides a monthly benefit equal to 50% of your base pay, to a maximum of $3,000 per month.
The Hospital partners with Aetna Life Insurance Company to ensure you and your family have adequate financial protection in the event of your death or the death of a loved one. The Hospital will pay the full cost of life insurance coverage Residents are covered for 1.5 times their base annual salary up to a maximum level of $500,000. The spousal death benefit is $10,000 and the dependent death benefit (for each dependent child up to age 19 or up to age 23 if a full-time student) is $2,000. The Resident is covered for Workers' Compensation and New York State short term disability insurance.
While retirement may seem like a long way away, it’s essential to start thinking about your financial future. SIUH offers the 403(b) Retirement and Savings Plan, through Transamerica Retirement Solutions, to help you save on a tax-deferred basis for retirement. New employees will be automatically enrolled in the Plan at 3% of salary. Unless you elect otherwise, 3% of your salary will be automatically deducted as a pre-tax salary deferral contribution to the Plan and invested in the Vanguard Wellington fund in the Plan. After you complete two years of service SIUH will contribute an additional 6% of your base salary to your 403(b).
Residents and Fellows receive twenty (20) days of Paid Time Off (PTO) each academic year, unless the American Boards for the specialty has stricter guidelines. The paid time off includes bereavement, paternity, personal time and marriage days off. Any additional PTO hours not used at the end of the academic year will be deleted, the Resident or Fellow will not be paid out for the remaining hours.
Residents and fellows receive unlimited sick time.
Please note, if a Resident or Fellow exceeds the time allotted by the rules and regulations of the specialty whether it be via additional time out or sick, he/she will have to extend their training.
Leave of Absence (LOA)/Short Term Disability/Maternity Leave:
When a resident is going to be out of work for more than seven consecutive days on the 8th calendar day it is considered a disability (Maternity/Illness). They will need to contact the Hartford to apply for both Family Medical Leave and Disability. Once they are approved for the disability they will be paid salary continuation for up to 12 weeks if they are deemed disabled. After the salary continuation is exhausted they will be paid 50% from The Hartford and 50% from their PTO Time.
Resident/fellows are able to secure desirable living quarters at a reasonable cost in a pleasant, suburban atmosphere near Staten Island University Hospital.
On Call Rooms:
The Psychiatry and Behavioral Science Department will provide on call rooms during duty hours.
A $1,000.00 meal allowance is included in the resident’s annual salary. The hospital cafeteria is available for food and drink during hours of operation. Food vending machines and microwave ovens are available 24 hours a day in the cafeteria.
Each resident will be issued two long white coats, which will be stored and laundered by the uniform room. Soiled long white coats may be exchanged for clean ones on a one-for-one basis when the uniform room is open.