I work at Grady for little over than a year and came here as a new grad. You do have to sign a $10,000 contract for two years. the orientation time depends on the unit you are going to (from 2-4 months).The fine decreases each montshs of your work (just divide 10,000 by 24 months and multiply it by months you have left), if you decide to leave. I think it is a great place to start because you will get experience like nowhere else, but you have to prepare for huge load of work and stress. Some people work there for many years and have no itnent to leave. For me, I've had enough and moving on to another hospitla next months. And despite what others say, I did get more money from my new employer just because I have Grady experience, although it took about 10 min of negotiation. The exact words during my iterview were: "We do not usually negotiate salary with RNs with one year experience, but considering where you are comming from, we will make an exception." If you think you are tough enough, take the job - I don't think you will regret it! Best wishes!