Salary & Benefits
Salaries
PGY1
Base Salary: $55,030
Business Expense*: $5,000
Sign-on: $8,500
Total Compensation: $68,530
PGY2
Base Salary: $57,030
Business Expense*: $5,000
Total Compensation: $62,030
PGY3
Base Salary: $59,030
Business Expense*: $5,000
Total Compensation: $64,030
*Non-taxed if used for:
- Books for your medical library
- CME (the residency requires 20 hours per year)
- Exams—Step 3, ABFM Boards, etc.
- Licensing for the state of Indiana
Taxed if used for:
- Moving expenses
- Rent
- Mortgage payment
Benefits
- Health insurance
- Dental insurance
- Vision insurance
- Life insurance
- Long-term disability insurance
- Short-term disability insurance The above is available at same rate as all IU Health Ball Memorial Hospital team members.
- Credit Union
- Employee Assistance Program
- Jury duty pay
- Sick Child Care Center
- Free parking
Paid Time Off Plan
The Paid Time Off (PTO) plan is unique in that all the different time-off plans (vacation, holiday, sick) are combined into one in order to give you maximum flexibility in using your time off.
- 21 weekdays off per year (maximum allowed by the ABFM) Residents have great flexibility in scheduling their vacation.
- Five CME days per year (in addition to the 21 PTO days).
Other excellent benefits that IU Health Ball Memorial Hospital offers to members of our Residency Program include:
- Malpractice coverage
- Library access 24/7
- Computerized literature & journals
- Up-to-date institutional license with access for all physicians
- Laptop PC computer for use during your residency
- Monthly meal allowance in cafeteria
- AAFP Membership, paid by residency during the PGY-I year
- BLS, ACLS, PALS, ALSO, NRP—all obtained during orientation
- Monogrammed lab coats—two per year
- 24-hour access to Fitness Center for nominal monthly fee
- Ball State Fitness Facility at alumni cost
CME
- Attendance at out-of-town conferences is encouraged
- Five CME days per year in addition to your 21 PTO days