Stipends and Fringe Benefits

Contracts are issued through Baylor College, and the College manages stipend packages. Residents are appointed at stipend levels reflecting their years of prior training creditable toward board certification in their current specialty. These annual stipend amounts which are increased annually for 2009-10 :

• ANNUAL SALARY 

PGY Level             Annual Salary                                  

   I               $43,221          

  II               $44,840                           

 III               $46,053      

• Paid Leave

PGY Level  Vacation     Personal   

   I        2 wks.   3 days       

  II        3 wks.   3 days       

 III        3 wks.   3 days       

Sick days- 14 days each year, 11 holidays (PGYI rotation dependent)

4-day Holiday: one 4-Day period that must include a Sat & Sun

• CME and Book Allowance

PGY Level    CME      Book Allowance           Time Off           

 I                  None              None                         None                   

 II        $500.00    $250.00           5 Days             

 III             $500.00          $250.00                     5 Days

• Medical and dental insurance
• Accidental death & dismemberment insurance
• Professional liability insurance
• Baylor credit union
• Tax deferred investment plan (retirement savings)
• ACLS, PALS, and ALSO training
• Neonatal resuscitation program
• Meals while on-call
• Meals at conferences
• E-mail and Internet accounts
• Lab coats with free laundry service
• Business cards
• Smart Phone Stipend
• Laptop computer (MBA residents)
• Pagers
• Access to Baylor’s athletic facility
• Annual membership in AAFP and local chapter