Salaries and Benefits
HO-I: $48,899.82 HO-II: $50,036.75 HO-III: $51,174.14
(Effective date: October 1, 2015)
All Family Medicine residents are guaranteed three weeks of vacation per year.
First-year residents are given a $400 moving allowance.
First-year residents receive $100 software allowance. Second-year residents each receive one week off and $500 to pursue CME opportunities. This amount is increased to $600 and one week for continuing education in the third year.
Each third-year resident is allowed 5 days additional time off to investigate future practice opportunities.
Memberships - Paid all three years
Life insurance is effective 90 days after appointment equal to annual salary rounded to nearest $1,000. No Charge.
Hospitalization insurance is effective the date of appointment. For an individual policy, the resident pays 14% of the total premium and the hospital pays the remainder. For a parent and child or family policy, the resident pays 35% of the premium and the hospital pays the remaining portion.
Each resident is provided with disability insurance for the years of training.
Malpractice insurance is provided to cover assigned supervised activities of each house officer's residency training. (Other activities such as moonlighting are not covered under this policy.)
Free immunological tests and x-rays provided. Sick call is between 7:00 am and 4:30 pm Monday-Friday. Emergencies are seen at any time. During non clinic hours, house officers should report to the Emergency Department. Visits are recompensable by insurance provided.
Third-year residents are reimbursed their registration fee upon passing ABFM Certification Exam.
White coats with laundry service is provided.
Residents have free access to all facilities on the Wake Forest School of Medicine campus. Discounted memberships are also available at the local YMCA, and the Medical School Fitness Center and Medical Plaza - Miller (formerly CompRehab Plaza).