Vacation, Salary & Other Benefits

Folly Beach

Salary

Annual compensation for residents is in accordance with the compensation that goes in effect on July 1 of each year. Paychecks are received on the last working day of the month.

Resident Salaries for Academic Year 2024-2025:

  • PGY-1: $61,010
  • PGY-2: $63,101
  • PGY-3: $65,351
  • PGY-4: $68,145
  • PGY-5: $71,081

Annual Leave (Vacation)

All full-time residents receive three weeks annual leave per year which can be used during continuity clinic, consult, or elective blocks. Each resident also receives an additional 4 days of vacation at either Thanksgiving or Christmas.  

Sick Leave

All full-time residents receive three weeks of sick leave per year. Sick leave can be used for personal illness, disability or injury and for medical, dental or optional appointments. Sick leave cannot be carried forward to the next academic year. 

Parental Leave

Residents are eligible to utilize their paid annual and sick leave for maternity/paternity/other approved medical leave. The Resident may request additional unpaid time off beyond this initial six (6) weeks. This request must be approved by the Program Director in writing, in advance. If an ACGME RRC and/or the Specialty Board restricts time off to less than six (6) weeks in an academic year, the Program Director will defer to the allowable RRC and/or Specialty Board Eligibility requirement(s), thus, the Resident may be required to make up any time missed in accordance with these requirements.

Official Approval for Parental Leave

The Resident must make a written request for parental leave to the Program Director the beginning of the second trimester so that appropriate accommodations (rotation schedules, call schedules, etc.) can be made. If the Resident is pursuing adoption, the Resident must notify the Program Director, in writing, at the time of adoption request filing. The total duration of Maternity/Paternity leave must be approved by the Program Director or designee using the GME Extended Leave/Leave of Absence form. A copy of this approval form must be received by the GME Office one month before the Resident begins the Maternity/Paternity leave in order for the leave to be official.

A Resident who is approved for maternity or paternity leave must comply with the requirements of the federal Family Medical Leave Act (FMLA). FMLA information and forms can be found on the University Human Resource website and a link is provided on the GME Extended Leave/Leave of Absence form. 

Insurance

  • Health insurance is offered to residents for a monthly premium. Spouse and/or child(ren) can be covered under any one of the four plans for an additional charge.
  • Dental insurance is offered to residents at no cost. Spouse and/or child(ren) can be covered for an additional charge.
  • Basic life and basic long-term disability insurance are provided to the resident if they enroll in health insurance. The resident may choose to add optional term life insurance or supplemental long-term disability insurance for a monthly premium. The resident may also elect life insurance for spouse and/or child(ren) at an additional charge. 
  • The hospital also provides a disability policy under a group plan with a maximum of $600 per month benefit. Accidental death, dismemberment and loss of sight insurance carry a double indemnity of $6000.
  • The hospital maintains malpractice insurance for residents. The coverage provides total limits of $100,000 for each house-staff member, with a $1,000,000 umbrella.

Benefits

  • All MUSC residents and fellows are provided with an Apple iPhone with unlimited data. This phone serves as your official pager and work phone for the three years of training. Upon completion, the phone is yours to keep.
  • Each year the department purchases jackets and/or vests with the MUSC logo and personalized with your name. You will also receive one personalized white coat upon arrival intern year.
  • Parking at the on-site garage is paid for all internal medicine residents.
  • USMLE Step 3 is reimbursed by the department after taking the exam.
  • Presentations at conferences are reimbursed. You will be reimbursed up to $1,200 per conference if your research or clinical vignette was presented.
  • Membership at the MUSC Wellness Center is included for residents. 
  • Residents are eligible to participate in one of two State Retirement Plans. If they elect to participate, they are eligible for a group life benefit equal to their annual salary after one year of employment. Residents are also eligible to participate in one of the approved voluntary retirement plans.
  • Detailed benefits information can be reviewed on the University Benefits website.

Wellness Center

Residents are given a complimentary membership to the Wellness Center through their departments. This membership covers all aspects of the fitness center from free weights to an Olympic swimming pool. Memberships for spouses and dependents (age 18 or older) may be obtained for an additional charge.

Graduate Medical Education

For more information, see the Graduate Medical Education Handbook (PDF) or visit the Graduate Medical Education website.