Salaries

[d00d00butter]

I was trying to find nurse salaries at a hospital and only came up with this on their website

http://www.nyhq.org/Salary_and_Benefits

I know this is a nursing forum, and yea yea md's make big bucks in the long run, but this seems very low for residents, and in NYC, and in one of the better private hospitals too? and it goes to PGy-8 (post grad year 8) so im guessing some harder specialties have longer residencies. Now i know residents arent making the big bucks yet, but for the amount of education they go through, I alwys thought residents make as much as RNs, PAs, or even slightly more..for comparision RN salaries at a decent private hospital like this one are like 70-80K (night shift probably over 80K) in NYC.

Must be to weeds out some doctors only doing it for money?

No im not complaining or anything, just satisfying my curiousity

[LifeCrisis]

I don't know specifically about that hospital but I will say I work in the NYC area and the consensus is we (the nurses) make more than the residents. I don't know what they make but we make 39/hr on nights. Which is like ~75,000/year or so (37.5 hours weeks)

My hospital only goes to PGY-3 as far as I know, but Im only medical floor. Maybe other specialties (surgery or?) go beyond 3 years.

And to consider, how about the doctors tuition. I don't know how salary and tuition work with each other. If they are getting 60k and tuition paid that is quite a bit of money. However, if they are paying 40k/year tuition on 60k salary that is TOTALLY different scenario...

Maybe one day I will ask a doctor how it works, but I am usually busy enough and don't care enough to do so lol

[Altra, BSN, RN]

I have worked in teaching hospitals. Those salaries are typical for residents in that geographic region. In other regions $45-50K-ish is common.

Don't really think weeding out is a significant factor -- anyone who pursues medical school / career as a physician is well aware of the long process required for competency and the salary progression along the way. Medical school admission is highly competitive -- nationally, only 40-50% of first-time applicants are admitted.

[CrossCountryRN2008]

No doctors do not make as much as you think. Yes the residents make near what nurses make and sometimes less. It is well after 15 years that they make money

[Altra, BSN, RN]

My hospital only goes to PGY-3 as far as I know, but Im only medical floor. Maybe other specialties (surgery or?) go beyond 3 years.

And to consider, how about the doctors tuition. I don't know how salary and tuition work with each other. If they are getting 60k and tuition paid that is quite a bit of money. However, if they are paying 40k/year tuition on 60k salary that is TOTALLY different scenario...

Maybe one day I will ask a doctor how it works, but I am usually busy enough and don't care enough to do so lol

Residents have graduated medical school -- they are no longer paying tuition. Medical school tuition varies with the school - $40,000/year for 4 years is average. Depending on specialty, residencies vary from 3 - 8 years. Many physicians complete fellowships after residency as well, to continue to gain experience before seeking permanent employment as an attending.