About Program Benefits and Stipend
Salary/Paid Time Off (PTO)
- The 2023-2024 resident will receive a stipend of $55,000.00, with accrued PTO.
- Residents earn approximately 28 PTO days during their 12-month program, which are used for: holidays, sick time, vacation days, seminars, interviews, and personal days.
- Residents are permitted to take up to 10 days as vacation during the residency year. No more than 5 days of vacation may be taken during any 1 learning experience.
- Residents will use PTO days for all holidays.
- Any PTO not taken at the end of the year will be cashed out to the resident upon completion of the program.
- Health insurance: comprehensive medical, dental and eye coverage.
- Public transportation and parking discounts.
- Reimbursement for one major meeting
- Additional benefits (provided and optional) are detailed in the BIDMC Employee Benefits Handbook provided by the BIDMC Human Resource Department.
Scheduled time off for vacation and personal days will be used from the resident’s earned PTO bank in accordance with the BIDMC Employee Benefits Policy and will not exceed a total of 2 weeks during the residency year.
- Vacation and personal days must be planned and scheduled in advance with consideration of rotation obligations, staffing and other residency responsibilities.
- Time-off requests must be received in writing at least two weeks prior to the scheduled time off.
- All requests for time-off, vacation, and schedule changes should be directed to and approved by the Residency Director and the preceptor for the rotation during which the time off will occur.
- Approval for vacation and time off will follow departmental policy and procedures.
- Attendance at the Professional Meetings (ASHP and approved ambulatory care meeting) are considered Professional Absences and do not affect PTO.
Sick Days/Extended Illness
- Sick days must be reported to the Residency Director. In addition, the resident should also notify the current rotation preceptor.
- It is the responsibility of the resident to coordinate and make up any missed work associated with preceptor for that rotation.
- Illnesses longer than 5 days will follow the Department of Pharmacy Policy: “Employee Dependability (Attendance and Tardiness) Expectation.” If an employee is absent for five consecutive shifts and has notified his/her supervisor, he/she must report to Employee/Occupational Health Services for evaluation and clearance prior to returning to work.
- Multiple and/or extended illness may impact the resident’s ability to complete the requirements of the residency program. Such absences should be discussed with the program director as early as possible to evaluate and determine a plan of action for the resident.
- In the event of a serious medical or personal condition requiring extended leave, communication with the RPD and Human Resources should be initiated as soon as possible to ensure that the resident is aware of their benefit status and he/she can determine what actions, if any, are available for continued benefits. BIDMC Policies regarding extended illness, “Employee Paid Time Off (PM-03)” and “Employee Leaves of Absence (PM-11)” are located on the portal within the BIDMC Policy Manual.
- Whereas the residency program is designed to be completed in a 12 month period, an extended leave may impact the resident’s ability to successfully complete the requirements of the program during this 12 month period. Every effort will be made to work with the resident to develop a plan to accomplish making up missed days, however this may not be possible. In situations where an extended leave of absence (greater than 4 weeks) necessitates an extension beyond the 12 months of the residency in order to complete the residency requirements, the resident may petition the RPD and Director of Pharmacy for an extension of their residency end date. All decisions related to extensions will be made on a case-by-case basis and cannot be guaranteed.