Matterplay Posted January 28, 2013 Report Share Posted January 28, 2013 Hi there -- I've always assumed that residency salaries start at 45K and go up to 55K, but have never actually asked. Does anybody have information on this? Also, does it vary from specialty to specialty -- eg. neurosurg vs. gen surg? Link to comment Share on other sites More sharing options...
rmorelan Posted January 28, 2013 Report Share Posted January 28, 2013 Hi there -- I've always assumed that residency salaries start at 45K and go up to 55K, but have never actually asked. Does anybody have information on this? Also, does it vary from specialty to specialty -- eg. neurosurg vs. gen surg? actually they are a bit higher than that, and they go up quite a bit more than that as well. All residents earn the same for year of training - PGY1, PGY2 etc. It is all listed here: http://www.carms.ca/eng/r1_program_salaries_e.shtml The base salary also has some call bonuses too - so I guess in a sense a high call residency program will earn a bit more. Really not a big deal Link to comment Share on other sites More sharing options...
Larrivee Posted January 29, 2013 Report Share Posted January 29, 2013 Hey How does pay work for fellowships... In your first year of a fellowship, say a trauma fellowship after gen surg, in year one of the fellowship are you considered PGY6 and get paid as such? Or are fellowships completely different pay-wise? Link to comment Share on other sites More sharing options...
NLengr Posted January 29, 2013 Report Share Posted January 29, 2013 Hey How does pay work for fellowships... In your first year of a fellowship, say a trauma fellowship after gen surg, in year one of the fellowship are you considered PGY6 and get paid as such? Or are fellowships completely different pay-wise? Completely different. I believe they function outside of the PAIRO (or equivilent agreements) so it's not odd to have Fellows with a lower salary than residents. That being said, as a fellow in a surgical specialty, you will have your Royal College so you can bill for REAL money. If your fellowship program is nice they might let you cover call a few nights as the staff, or bill some simple procedures as your own. That cash adds up really fast. Also, you can do locum work during fellowship, provided you can get the time. So basically, base pay lower, actual pay higher. Link to comment Share on other sites More sharing options...
NLengr Posted January 29, 2013 Report Share Posted January 29, 2013 actually they are a bit higher than that, and they go up quite a bit more than that as well. All residents earn the same for year of training - PGY1, PGY2 etc. It is all listed here: http://www.carms.ca/eng/r1_program_salaries_e.shtml The base salary also has some call bonuses too - so I guess in a sense a high call residency program will earn a bit more. Really not a big deal PGY2 seems like a big jump, but you have LMCC II and Surgical Foundations, which cost $2150 and $720 respectively. So that's a huge chunk of after tax pay gone to exams. Link to comment Share on other sites More sharing options...
rmorelan Posted January 29, 2013 Report Share Posted January 29, 2013 Completely different. I believe they function outside of the PAIRO (or equivilent agreements) so it's not odd to have Fellows with a lower salary than residents. That being said, as a fellow in a surgical specialty, you will have your Royal College so you can bill for REAL money. If your fellowship program is nice they might let you cover call a few nights as the staff, or bill some simple procedures as your own. That cash adds up really fast. Also, you can do locum work during fellowship, provided you can get the time. So basically, base pay lower, actual pay higher. Really? I thought they followed the pgy scale even through fellowships? It would be nice if that wasn't true and yeah those options you mentioned would be then true Link to comment Share on other sites More sharing options...
NLengr Posted January 29, 2013 Report Share Posted January 29, 2013 Really? I thought the followed the pgy scale even through fellowships? It would be nice if that wasn't true and yeah those options you mentioned would be then true I know IM fellows follow it. I didn't think surgical fellows did, but perhaps I am wrong. Any surgical fellows care to comment? Link to comment Share on other sites More sharing options...
rmorelan Posted January 29, 2013 Report Share Posted January 29, 2013 PGY2 seems like a big jump, but you have LMCC II and Surgical Foundations, which cost $2150 and $720 respectively. So that's a huge chunk of after tax pay gone to exams. yeah, ouch of course on those cash grab exams. At least they are a tax write off and the big jump sticks with you through the rest of residency. I always thought the jump was then just because you are finally on your home turf specialty wise and thus more useful but that was just a thought. Link to comment Share on other sites More sharing options...
Lactic Folly Posted January 29, 2013 Report Share Posted January 29, 2013 I think that Ministry of Health funded positions (which would include those PGY 4-6 internal medicine "fellows") follow the provincial pay scale. Other fellowships (say the IM fellow writes their Royal College and wants to subspecialize after) have alternate sources of funding, so the pay is variable. Link to comment Share on other sites More sharing options...
cheech10 Posted January 29, 2013 Report Share Posted January 29, 2013 Lactic Folly is right. The IM subspecialty programs are not actually fellowships, they are residency training programs, so they follow the PGY-# scale of remuneration. They are often called fellows to distinguish them from core medicine residents on the same rotation, but strictly speaking this is incorrect. Proper fellowships are done afterward (eg. electrophysiology fellowship for a cardiologist, hand surgery fellowship for a plastic surgeon, pain fellowship for an anesthetist), and do not necessarily follow the same pay scale. Link to comment Share on other sites More sharing options...
rmorelan Posted January 29, 2013 Report Share Posted January 29, 2013 I think that Ministry of Health funded positions (which would include those PGY 4-6 internal medicine "fellows") follow the provincial pay scale. Other fellowships (say the IM fellow writes their Royal College and wants to subspecialize after) have alternate sources of funding, so the pay is variable. Hmmm interesting! Ok so then what is the general range of salary for these positions? This is so far along in my future I didn't even looking into it yet Link to comment Share on other sites More sharing options...
Lactic Folly Posted January 29, 2013 Report Share Posted January 29, 2013 That would be between you and your funding organization. The radiology fellowships I have seen pay around PGY-6 level. Link to comment Share on other sites More sharing options...
justletmein Posted January 31, 2013 Report Share Posted January 31, 2013 That would be between you and your funding organization. The radiology fellowships I have seen pay around PGY-6 level. many people take a pay cut when they begin fellowship... also you will probably give up most of your benefits... The fact is there is not much funding for these positions.. It's all a part of the game... enjoy the ride lol... This is one of many reasons I chose FM. Link to comment Share on other sites More sharing options...
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