Salaries and Benefits
Monmouth Medical Education Work Environment and Benefits
- Sample Resident Physician Contract [ PDF Form]
Clinical and Educational Work Hours
Monmouth Medical Center provides residents with a sound academic and clinical education that is carefully planned and balanced with concerns for patient safety and resident well-being. Each residency program ensures that the learning objectives of the program are not compromised by excessive reliance on residents to fulfill service obligations. Didactic and clinical education have priority in the allotment of residents’ time and energies. Duty hour assignments recognize that faculty and residents collectively have responsibility for the safety and welfare of patients. Each program has a duty hours policy and procedure that is in compliance with, and often exceeds, the standards of the ACGME common and program-specific requirements for work hours, time off, and call, as well as fatigue education and monitoring.
2023-2024 Salaries
PGY-1 | $68,271 |
PGY-2 | $70,988 |
PGY-3 | $74,982 |
PGY-4 | $79,361 |
PGY-5 | $81,469 |
Health and Dental Benefits
Comprehensive coverage that includes doctor’s office visits, laboratory tests, hospitalization, dental, prenatal and well-baby care, vision care, immunizations, diagnostic tests, and preventive and wellness care. Services are provided by your primary care physician and other preferred providers, almost entirely without the need for referral forms.
Monmouth Medical Center offers two types of dental plans, both of which provide employees and eligible dependents with coverage for preventive, basic and major dental services.
Paid Time Off
Residents are eligible for four weeks of vacation, eight holidays and 10 days of sick time per year.
Amenities
Monmouth Medical Center provides residents with additional benefits, including, meal allowances and on-premise call facilities for on-call periods, free lab coats and scrubs (where needed), parking and vocera. Postgraduate placement services are available through our system.
Professional Advancement
Participation in national and regional professional meetings and conferences is encouraged. Leave time and a $500 expense stipend are available to residents in PGY-3 and above. Training including ACLS, BLS, NRP, and ALSO is provided at Monmouth’s expense.
Professional organization membership dues are paid by the hospital.
Insurance Coverage
Residents are covered for professional liability and are given access to disability insurance for all activities that are part of the residency program.
Counseling and Support Services
Monmouth Medical Center offers confidential psychiatric counseling and psychological support services, as well as personal and career counseling.
Residents and immediate family members also can seek counseling through the hospital’s employee assistance program.
The Professional Assistance Program of New Jersey extends its full range of services, including drug and alcohol evaluation and litigation stress support groups, to all resident physicians in the state.
Financial Services
The hospital’s Dependent Care Flexible Spending Account offers special tax savings for certain dependent care expenses. An on-site money access machine (ATM) are available.