Physician resident salaries stagnate through pandemic

Dive Transient:

  • Doctor resident wage progress has remained stagnant for the reason that COVID-19 pandemic started, with residents incomes $64,200 on common in 2022, in accordance with a report from Medscape.
  • From 2015 to 2019, salaries rose from $55,400 on common to $61,200. From 2020 to 2022, they rose from $63,400 to $64,200, in accordance with the report.
  • 1 / 4 of residents surveyed by Medscape stated they nonetheless have greater than $300,000 in debt from medical college, and half of respondents stated they owe greater than $200,000, the report discovered. One in 5 residents reported having no debt.

Dive Perception:

Residents coaching in hospitals make considerably lower than the docs they work alongside, although some have spoken out or taken motion to alter that by means of union exercise.

Up to now in 2022, interns and residents at 4 hospital techniques throughout the nation have received illustration with the Committee of Interns and Residents (CIR-SEIU). That compares to 5 election wins in 2021, one in 2020 and two in 2019, in accordance with the union.

Residents make progressively more cash as they proceed coaching, with these of their sixth to eighth 12 months making 17% greater than these of their first 12 months of residency, in accordance with the Medscape survey primarily based on responses from over 1,000 U.S. medical residents collected from March by means of Could of 2022.

However simply 27% of residents surveyed stated they really feel they’re being pretty compensated for his or her work in 2022, in contrast with 62% in 2015.

Residents cited pay not reflecting hours labored nor being corresponding to different workers, like nurses and physicians assistants. In addition they stated their pay doesn’t mirror their ability or the price of dwelling.

Some 36% of respondents stated they suppose their salaries must be 26% to 50% greater.

Two-thirds stated they work greater than 50 hours per week, and 1 / 4 stated they work greater than 70 hours, according to final 12 months’s report. 

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