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Residency Program Compensation

Compensation per post graduate year (not including potential sign-on bonus):

First Year Second Year Third Year
Sign-on $5,000
Base salary $57,763 $60,265 $62,354
Educational Stipend $2,000 $5,000 $5,000
Total Compensation $64,763 $65,265 $67,354


Overview of Personal Time Off (PTO) and Insurance:

  • Paid Time Off (PTO) - 20 days per year
  • 5 days for conference that do not impact PTO
  • Medical, dental and vision coverage
  • Spouse and dependent life insurance
  • Short-term disability
  • Health care and dependent care flexible spending accounts (FSA)
  • Supplemental employee life insurance
  • Legal insurance
  • Free parking

Additional compensation includes:

403b Matching details

Employer Matching Contributions: Employer will match 50% of the first 4% of pay deferred

Employer Non-Elective Contributions: Employees with 1-5 years of service: 2% of compensation
Employees with 5+ years of service: 2.3% of compensation
(Discretionary)

Adoption Assistance
Reid reimburses up to $8,000 per child for approved adoption expenses for benefits eligible employees.

Café at Twelve Hundred
All meals are free at the Cafe Twelve Hundred for our residency doctors. Catering services are also available to help plan for family gatherings, graduation parties and wedding receptions. Staples such as milk, bread and eggs are also available for purchase to save us a last minute trip to the grocery. All purchases are eligible for payroll deduction.

Credit Union
Reid employees have membership eligibility for the Health Care Professionals Federal Credit Union.

Fertility Services Discount
Services provided through Community Health Network's Assisted Fertility Services are discounted for Reid employees.

Indiana Family College Savings Plan
The CollegeChoice 529 Investment Plan is an education savings plan for children that offers attractive tax benefits with the opportunity to save through a wide variety of investment choices. If interested, contact Mike or Ben at (800) 667-5792.

Local Discounts
We are fortunate to have local businesses in the community offer special incentives to Reid employees. The full list is available on the HR SharePoint site under Employee Benefits. A few examples include Pizza King, Papa John's, Wetzel Auto, Best One Tire, Kyle's Auto Service, Ryan's Flooring, Verizon Wireless and Sprint.

Moving Expenses
Reid Health will cover up to $800 in moving expenses for residents needing to relocate.

Purchasing Power
Purchasing Power helps you purchase brand new products through payroll deduction. Furniture, computers, home appliances and electronics are a few examples of items available. Purchasing Power is not a discount program. Instead it offers a less expensive option for those who do not have cash and only option is to use a high interest credit card. All purchases are deducted interest free for 12 months. Go to www.REID.purchasingpower.com for complete details.

Reid Gift Cards
A Reid gift card can be used on any purchase including payment on a patient account; they make a great gift for co-workers.

Reid Payroll Deduction
If you or your qualified dependents have health services provided at Reid, you may be able to pay your balance through regular, biweekly payroll deductions. If you request to pay your balance through payroll deduction, your expenses will also be evaluated for financial assistance opportunities.

Additional Benefits

Reid Health employees receive additional benefits to support healthcare needs (medial and dental) and other resources to encourage a strong work/life balance. View the list below!

DASCO-Reid Uniform Store
Payroll deduction is available for uniform purchases at the DASCO-Reid Uniform Store located at 2003 Chester Blvd, Richmond. Place your order online using payroll deduct plus in-store pick up and receive 20 percent off.

Dry Cleaning Drop off and Pick Up
Employees may save a trip by taking advantage of our convenient drop off and pick up service located in Environmental Services on the lower level of the inpatient tower.

Employee Buy/Sell Board
Employees can post items they are looking for or things they wish to get sell.

Espresso Bar
Located in the main concourse near Lingle Grand Staircase, the Espresso Bar, proudly brews Starbucks coffee, and serves a variety of coffee, teas, cold drinks, and delicious baked goods.

Flu Vaccinations
Employees, spouses and dependents living in the household are offered the flu vaccination annually at no cost.

Ginkgo Boutique
Stamps, flowers, balloons, Reid gift cards, candy and massage certificates are just a few examples of items available in the Ginkgo Boutique. Convenient payroll deduction is available.

Massage Therapy
Employees may purchase massage and other relaxation services from Reid Massage Therapy at a discounted price. Services available include deep tissue, reflexology, neurostructual integration, trigger points, myofacial release, hot stone and pre- and peri-natal massage. Call the main campus at (765) 983-3358 or the Eaton office at (937) 456-1195 to schedule an appointment.

On-site child care - KinderCare
Reid Health offers on-site child care through KinderCare. KinderCare provides care for families with children 6 weeks to school aged.

Pharmacy
Employees receive a discount on over the counter items as well as prescription medications when purchased through Reid's Pharmacy. Convenient payroll deduction is available.

Reid Plastic & Reconstructive Surgery
Several times a year, Reid Plastic & Reconstructive Surgery offers exclusive Reid employee-only discounts that are above and beyond what is offered to the general public. These are communicated via all user email. Follow us on Facebook for additional special offers, plus look for news coming soon about our skin care spa's new name and expanded services.

Volunteer Opportunities
There are numerous opportunities for employees and their families to get involved and volunteer in the community. A few examples include Reid Ride, Shoes for Kids, BRAvo!, and Make A Difference Day.

Contact the Family Medicine Residency Program

If you would like additional information regarding application to our residency program, please contact Tiffany Ridge, at MedicalEducation@ReidHealth.org or fmresidency@ReidHealth.org.