$2600 a month - residency net pay is this accurate?

[hanginginthere]

DH's residency was one of the top paying on the nation. He typically brought home ~$4400month. That doesn't include moonlighting because they can't do that intern year, anyway. No insurance is taken out because it's fully funded by the residency.

That is amazing! AND he can moonlight later on? Hubby's not allowed to moonlight...

[TulipsAndSunscreen]

Ok, his paycheck is pending. And I'm about to sort of freak out. He's been working since 6/18 but didn't get paid for orientation so I think this is a 3 week paycheck (after which he'll be paid every 2 weeks). If this is a 3 week paycheck, he's going to make $2,400/month. I had put $2,500 in our budget thinking that was a lowball...balls.

We pay higher taxes because I work and he's contributing to 403b because we want to get started on retirement so I guess that's where the money is going. Jeez...

ETA: And that doesn't include health insurance because we stayed on my (much better PPO plan) as a family.

[SuzySunshine]

Wait until you see the actual paystub, I'd freak out too but until you double check they're deducting right, etc it could just be wrong. And I'd sure like to know how they get away with not paying for orientation. Hang in there!

[TulipsAndSunscreen]

Wait until you see the actual paystub, I'd freak out too but until you double check they're deducting right, etc it could just be wrong. And I'd sure like to know how they get away with not paying for orientation. Hang in there!

I too would like to know why they don't have to pay for orientation since it was mandatory and clearly not CME...but these are obviously not battles for an intern's wife to fight.

I'll check the stubs when I get them. I agree, we need to make sure they're properly deducting and not charging us for health insurance since I'm sure it's rare to decline it.

If it's right, that's pretty depressing. Glad there's been no inflation adjustment on these salaries since 2007....

[SoonerTexan]

I too would like to know why they don't have to pay for orientation since it was mandatory and clearly not CME...but these are obviously not battles for an intern's wife to fight.

I'm really curious too...I always got paid for orientations even on the crappiest jobs. I wonder if they can get away with it because of the weird student/employee status of residents?

[TulipsAndSunscreen]

I'm really curious too...I always got paid for orientations even on the crappiest jobs. I wonder if they can get away with it because of the weird student/employee status of residents?

If it was even remotely helpful, I wouldn't be that bent out of shape about it because then it would have been useful to DH to start his first few days and would have facilitated a smooth transition for him into the hospital. But like I've said in other threads, it was rather useless suture contests (on a pig foot) and trust falls instead of hospital tours and overviews of how to use the EMRs.

[niener]

No, sorry that was confusing. Every 2 weeks. But he's worked 4 and seen nothing.

I thought I was being dumb but I looked it up, here is the definition for "bimonthly". Super helpful, huh?:

bi·month·ly(b-mnthl)adj.1. Happening every two months.
2. Happening twice a month; semimonthly.

adv.1. Once every two months.
2. Twice a month; semimonthly.

Oddly enough I had to look this up a couple of months ago when my boss and I couldn't agree on whether to use bi-weekly or bi-monthly. It would seem that using bi-monthly to mean twice a month is more of a British/Euro thing, and using bi-weekly to mean once every two weeks is more of an American thing. Which sort of made sense because my boss' family was from Europe and she wanted to use bi-monthly, which I took to mean every other month. Either way our conclusion was it's ridiculously confusing and one word shouldn't be allowed to mean two totally opposite things .

[TulipsAndSunscreen]

Oddly enough I had to look this up a couple of months ago when my boss and I couldn't agree on whether to use bi-weekly or bi-monthly. It would seem that using bi-monthly to mean twice a month is more of a British/Euro thing, and using bi-weekly to mean once every two weeks is more of an American thing. Which sort of made sense because my boss' family was from Europe and she wanted to use bi-monthly, which I took to mean every other month. Either way our conclusion was it's ridiculously confusing and one word shouldn't be allowed to mean two totally opposite things .

Yeah, biweekly to me means 2x/week...so I guess I'm European.

I agree with your conclusion!

[diggitydot]

That is amazing! AND he can moonlight later on? Hubby's not allowed to moonlight...

There are 3 different facilities where they can moonlight once they have their licenses in PGY2. One is a SUPER rural, super small ED with very little going on; another is a local urgent care clinic; and the last one is a mental health facility where docs only have to go in if there is an admission, but they get paid for the whole 24 hours whether they have to go in for an admission or not.

[Chrisada]

DH makes 3100 a month after insurance etc. insurance seems to go up every year and cancel out his pay increase. We are also very fortunate that DH's program is set up for moonlighting right in his hospital. Everyone knows to go to DH to dump their paid home calls onto. He takes a lot of 24 hour moonlight calls on his off weekends.

[poky]

Oddly enough I had to look this up a couple of months ago when my boss and I couldn't agree on whether to use bi-weekly or bi-monthly. It would seem that using bi-monthly to mean twice a month is more of a British/Euro thing, and using bi-weekly to mean once every two weeks is more of an American thing. Which sort of made sense because my boss' family was from Europe and she wanted to use bi-monthly, which I took to mean every other month. Either way our conclusion was it's ridiculously confusing and one word shouldn't be allowed to mean two totally opposite things .

Well, twice per month isn't the same as every two weeks, since months aren't exactly four weeks each...so if you're describing something that happens "twice per month", weeks shouldn't come into it at all, right? I think I've always just used context to figure out what people meant. When talking about paychecks, biweekly is going to mean every two weeks, not twice per week, and bimonthly is going to mean twice a month, not every two months, since very few people get paid MORE often than once per week, and very few get paid LESS often than once per month. I think if I were writing something out, I'd probably just avoid the "bi" shortcut and spell it out completely.