5 statistics on resident salary

Practice Management

Medscape surveyed more than 1,700 residents in 24 specialties between May and June 2015.

The survey asked residents to record their current salaries, salaries yearly post-MD, and specialties.

Here are five key points:

 

1. The average resident salary in 2015 is $55,400, compared to $55,300 in 2014. Critical care and oncology saw higher salaries this year.

 

2. By specialty, critical care residents make the highest salary, with an average of $62,000. Oncology, pulmonary medicine follows second with $61,000, and cardiology comes in third with $60,000.

 

3. The 1st year post-MD accrued an average salary of $52,000.

 

4. Residents hit their peak average salaries in the 7th year post-MD with $66,000.

 

5. The gender pay gap proved minimal, with male residents earning an average of $56,000 and female residents earning an average of $55,000. This is slightly better than in 2014, when the gap was $56,000 versus $54,000, for men and women, respectively.

 

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