Salaries and Benefits

Salary

HO-I: $47,000.98        HO-II: $48,093.95        HO-III: $49,186.99

Vacation

All Family Medicine residents are guaranteed three weeks of vacation per year and receive an additional three-to-four days off either over the Christmas or New Year's holiday.

Relocation Expenses

First-year residents are given a $400 moving allowance.

CME 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.

Practice Search

Each third-year resident is allowed 5 days additional time off to investigate future practice opportunities.

Memberships - Paid all three years

AAFP, NCAFP

Insurance

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.)

Employee Health

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.

Other

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 Comp Rehab. 

Last Updated: 11-03-2014
USNWR 2013-2014Magnet Hospital RecognitionConsumer Choice2014 Best DoctorsJoint Commission Report

Disclaimer: The information on this website is for general informational purposes only and SHOULD NOT be relied upon as a substitute for sound professional medical advice, evaluation or care from your physician or other qualified health care provider.