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I was referring to your good deal for retirement vs someone with no creditable service who would have to be in for 20 years or switch to the reserves. And I did get out at the end of my commitment, as almost everyone does.Actually, I would start as the same rank CPT, but I would only make a little more for prior service enlisted time. Not much though. It still is a good deal though... If you don't like it after 4 years you could get out. At least you wouldn't be paying 25 years on student loans and interest.
And a lot of residencies afford moonlighting opportunities that can double your income. And there are nurses I work with that legititimately outearn attending physicians care of overtime pay (CRNAs are OT eligible and start at 75/hr, for instance, with raise potential bringing them to 95/hr base eventually). Who cares? You're getting paid to train rather than paying to train, that's awesome enough for me. How can we justify the government forking over billions more to train the residents we have, rather than doing the prudent thing and training more physicians via more residency positions?yeah....i'm aware of that. but that also strengthens the point i was making which is: there are people at burger king who get a second job at taco bell AND, unlike a resident, double their pay.
Wouldn't it be cool if the government reallocated money from the able bodied/minded people who don't work and add it to residency salaries?
Because if we take your suggestion to its logical conclusion you get a world you don't want to live in.And a lot of residencies afford moonlighting opportunities that can double your income. And there are nurses I work with that legititimately outearn attending physicians care of overtime pay (CRNAs are OT eligible and start at 75/hr, for instance, with raise potential bringing them to 95/hr base eventually). Who cares? You're getting paid to train rather than paying to train, that's awesome enough for me. How can we justify the government forking over billions more to train the residents we have, rather than doing the prudent thing and training more physicians via more residency positions?
I'm not talking about a massive expansion- just a few extra PCP spots in FM, OB, community IM, and psych, areas that the majority of US grads don't give a damn about. Though supply has never been what determined the price of physician services to begin with.Because if we take your suggestion to its logical conclusion you get a world you don't want to live in.
Follow me here: More residency spots->more physicians->lower overall yearly compensation due to increased supply->more people bitching on SDN. Don't give more people a reason to bitch on SDN.
It isn't relative, unless the price of goods and services increases with the minimum wage (both of which will never happen, so let's just forget about that to begin with). Poverty isn't a relative thing- it is the inability to afford food and a roof over your head. Residents are hardly starving, and they won't suddenly become so if the poor are a little less poor. Which won't happen anyways, because republican house and Senate, plus likely the presidency at this rate.its all relative. if minimum wage increased to $15/hour that will become the new poverty line. and if resident salary doesn't increase, the gap will become narrower. there will always be poverty, and skilled jobs shouldn't be skimming the poverty line.
Residents are hardly a walking danger without oversight. Perhaps in the first couple of years sure, but don't tell me that a senior resident needs a hand holding 24/7. If a resident can perform a surgery without attending supervision then I think it's safe to assume they aren't a ticking time bomb.Residents are not poor. Hell, not even close. Two resident couples have a 100k salary between them, a sum that is unfathomable to much of the country (go take a peek at average household incomes if you want to see where a two resident couple would fall, or at individual incomes for a single one). That isn't bad pay for people that are essentially a walking danger to their patients without attending oversight.
Agree, was just keeping my response in the same tone as the post I quoted however. Compare apples with apples.That's more than a little melodramatic.
Yes, it should. Residency is more training position than job, who else makes 50k a year to train?you're absolutely correct. and I'm not saying they are poor. but if the poverty line increases and goods/services become more expensive and resident salary remains the same then the gap between poverty and resident salary diminishes. go through that cycle a couple more times and you'll eliminate the gap, ie, welcome to socialism.
the guy working 2 or 3 part time unskilled jobs totalling 70 hrs/week makes 50K. and the resident working 70 hrs/week makes 50K. they both will pay the same for goods/services. Should it be like that?
Residents don't bill for anything, your attending does. Are you suggesting that they should give you some of their pay? They're already likely taking a pay cut compared to private practice to have the privilege of training you. If you wanted a share of their billing, I think you'd find a lot more PAs and NPs and a lot fewer residents.are you suggesting that patients/insurance/medicare/medicaid are not billed for work performed by residents?
Residents can't bill for anything. They are a drain on hospital resources, and training then already costs a fortune.are you suggesting that patients/insurance/medicare/medicaid are not billed for work performed by residents?
Actually, I would start as the same rank CPT, but I would only make a little more for prior service enlisted time. Not much though. It still is a good deal though... If you don't like it after 4 years you could get out. At least you wouldn't be paying 25 years on student loans and interest.
Apples and oranges....we're in pay to play mode. Residency is nothin more than opportunity costoh. well i still stand by my original point which was that residents' should get paid more than a 19-year-old working at burger king.
For what? Doing the procesures less efficiently than the attending that oversees them at a far less efficient rate so they can learn? That's a net negative for hospitals, period. They get paid enough, and make more than a kid at Burger King as-is.oh. well i still stand by my original point which was that residents' should get paid more than a 19-year-old working at burger king.
And this will never, ever happen, so what's your point? I mean, you're saying that resident salaries aren't as good as some liberal nonsense about the minimum wage that will never, ever materialize, thus your whole argument is quite meaningless.ok...if minimum wage increases to $15/hr, a person could work at minimum wage for the same number of hours as a resident and make more money per year. $15/hour x 70hours/week x 50weeks/year = $52,500/year....that number is not far from resident salary.
You saw part where residents are basically a money losing venture right? Why on earth would anyone pay them more?I think that residency programs should supplement residents' salary.... I think all residents should start at 70k/year and get a 10k raise every year. So a PGY5 should be paid 110k/year...
I have seen multiple studies that said that residency add to hospital bottom line...You saw part where residents are basically a money losing venture right? Why on earth would anyone pay them more?
AHH YES. Jesus would also love the demonizing of the poor. The problem with the assumption that the poor "steal" from people those that are hardworking is that there are VERY few reported cases of wellfare fraud/abuse of the system. I have seen the same malignancies of people on the system, but don't define the whole by the actions of a few. Many people need those programs to survive, and as the richest country on the planet I think we should be able to afford those that work hard but don't quite have enough money. Maybe that means less military funding. GASP.I don't mind helping the poor and hungry with decent nourishment. I do resent paying for their cigs, booze, and lottery tickets while they throw in a bag of chips for their kids' dinner. Seen this more than once--and this is in stores that were NOT food deserts.
Don't have the time to look for them now. Will do later.Cite them.
Cite them.
I am sure because of the nature of your job and the socioeconomics you see the bad cases. I would like to offer a counterpoint. I used to work in a grocery store in a rich suburb. The amount of people on food stamps that came through my store was probably 25-40%. The thing was many of these people bought healthy foods and told their children that they couldnt have that candy or some other healthy options. No one really noticed that they were on food stamps because they fit into our society. But once a person carries a pack of cigarettes/booze everyone puts on their judgement caps. Then we notice they are poor and on government assistance. Then we make a sweeping generalization about the poor that is not all encompassing. It's quite a shame this concept is so deeply engrained into our culture.This.
This many times over.
I get irritated when parents bring in their kids for asthma exacerbations and they say they can't afford an albuterol inhaler. But both parents smoke a pack of cigarettes per day. Not only are they exacerbating their kid's condition, but they're also prioritizing their cigarettes over their kid's medicine.
http://federalsafetynet.com/welfare-fraud.html. 8%, so let the other 92% suffer. Makes sense.it will happ
its very many, my friend. I guess you agree with the saying: "to him according to his need, from him according to his ability?"
How is it going to happen with a Republican House and Senate, lol? That's just nonsense. Thus, your whole argument about resident salaries is nonsense.it will happ
its very many, my friend. I guess you agree with the saying: "to him according to his need, from him according to his ability?"
And we won't have a set salary for residents forever either. Resident salaries have kept pace with inflation for 40 years. If inflation occurs care of a rise in minimum wage, resident salaries will likely increase as they always have to compensate.its not nonsense. i already said its not going to happen tomorrow. but it could happen gradually. and we are not going to have a republican house/senate forever.
This isn't the place for political fear mongering. We aren't discussing politics and how they might play out. This thread is simply about whether nurse salaries and resident salaries are properly aligned, which they are. If you want to talk politics, I suggest you go to the SPF- this isn't the place for it.its not nonsense. i already said its not going to happen tomorrow. but it could happen gradually. and we are not going to have a republican house/senate forever. all that needs to happen is for a crazy lady to be elected president, congress to flip parties, get a couple more liberal justices and you'll see the country change in ways that today you say "are impossible/that will never happen/ridiculous". don't be so naive.
Are you FOX NEWS?its not nonsense. i already said its not going to happen tomorrow. but it could happen gradually. and we are not going to have a republican house/senate forever. all that needs to happen is for a crazy lady to be elected president, congress to flip parties, get a couple more liberal justices and you'll see the country change in ways that today you say "are impossible/that will never happen/ridiculous". don't be so naive.
Just to state that your point has no bearing on whether resident salaries, as they stand today, are fair or not. You have residents, medical students, and attendings that all have basically unanimously agreed that salaries are fair for the position, and your only argument relies on a political "what if." Right now, in the real, non-hypothetical world, how do you feel about resident salaries?lol you're the one who brought up house/senate/etc, not me.
This.
This many times over.
I get irritated when parents bring in their kids for asthma exacerbations and they say they can't afford an albuterol inhaler. But both parents smoke a pack of cigarettes per day. Not only are they exacerbating their kid's condition, but they're also prioritizing their cigarettes over their kid's medicine.
We can talk about that when the time comes and ramifications materialize, and I'm sure many of us would agree with you if significant inflation rapidly ate away at resident salaries. If you'd like to talk about potential minimum wage increases, I would strongly encourage you to check out the SPF subforum of the lounge- you will no doubt get an excellent discussion out of it. But such a topic here will no doubt lead to the thread going off the rails and getting locked. It's not that I don't believe your topic is worth discussing, I'm just trying to preserve this thread and keep it on track is all.I think they are fair currently. But - I've heard a lot of talk about increasing minimum wage and I've heard a lot of talk about decreasing/eliminating resident salaries. And if that were to ever happen, IMHO, that would be unfair.
Residency is a modern version of slavery
AHH YES. Jesus would also love the demonizing of the poor. The problem with the assumption that the poor "steal" from people those that are hardworking is that there are VERY few reported cases of wellfare fraud/abuse of the system. I have seen the same malignancies of people on the system, but don't define the whole by the actions of a few. Many people need those programs to survive, and as the richest country on the planet I think we should be able to afford those that work hard but don't quite have enough money. Maybe that means less military funding. GASP.
I am sure because of the nature of your job and the socioeconomics you see the bad cases. I would like to offer a counterpoint. I used to work in a grocery store in a rich suburb. The amount of people on food stamps that came through my store was probably 25-40%. The thing was many of these people bought healthy foods and told their children that they couldnt have that candy or some other healthy options. No one really noticed that they were on food stamps because they fit into our society. But once a person carries a pack of cigarettes/booze everyone puts on their judgement caps. Then we notice they are poor and on government assistance. Then we make a sweeping generalization about the poor that is not all encompassing. It's quite a shame this concept is so deeply engrained into our culture.
Who is paying the extra 20-50k a year?I think that residency programs should supplement residents' salary.... I think all residents should start at 70k/year and get a 10k raise every year. So a PGY5 should be paid 110k/year...