Northwestern residents are fortunate to have the highest resident salaries in Chicago. The 2012-2013 PGY1 Salary is $50,473, and increases t0 $58,108 by the PGY4 year.
Residents also have a complete range of premier benefits, including health insurance through BC/BS. They also have access to all employee benefits of Northwestern Memorial Hospital, including special hotel, entertainment, and restaurant rates.
Northwestern Psychiatry residents are given new personal iPads when they enter the program, starting 2012!
Residents are allotted 3 weeks vacation in the PGY1 year and 4 weeks annual vacation for PGY2-4 years. Residents may choose to use one of their four weeks for conference attendance. Residents who are presenting their work at conferences do not have to use their vacation time.
Northwestern’s Psychiatry Program is very family-friendly; many of our residents are parents with young children at home. Half-time training is available after December of the PGY2 year, if desired.
Northwestern residents have numerous options for funding educational travel. Each resident receives a $150 Education Stipend annually to use on any educational purchase. If a resident is presenting his/her work at a conference, the options are:
- A Goldberg Family Fund stipend of up to $1000 per year per resident, from Northwestern Memorial Hospital.
- A Department Trainee Travel Fund stipend of $250-$500.
Chicago has wonderful public transportation – a third to a half of our residents do not have cars when they are here. We have a free shuttle from our department building to the VA, and every other rotation site is on campus, within a few block radius.
Housing options are incredibly varied and very affordable for such a lively urban area. Chicago is a city of neighborhoods, and residents have many choices – some residents like living in the Streeterville or Gold Coast neighborhoods, near the Department and Hospital –between Michigan Avenue and the Lake, with loads of restaurants, fitness centers, and shopping. Some residents choose to live in the Near North area – Lincoln Park, Lakeview/Wrigleyville, Andersonville, and Lincoln Square, to name a few. There is also the South Loop area, near the Museum Campus and Millenium Park. For those residents who want a more suburban feel, Oak Park/River Forest and Evanston provide environments of tree-lined streets and gracious homes – 20-30 minutes from the hospital by public transport.