Once Match Day and med school graduation are behind you, the idea starts to sink in:
Youโre about to become a physician.
For most medical school graduates, this is an exciting time in life. Itโs your first chance to work full-time in a hospital.
Itโs your first real opportunity to understand what hands-on patient care is all about. And itโs finally time to start earning a paycheck.
Regardless of the school of medicine you attend, residency is a requirement for every physician.
But residents, unfortunately, do not earn the big bucks.
So how much do residents actually make? Does it matter where you do your residency? Is specialty a factor? Do you get a raise or an increase for every year youโre in training?
Whether youโre about to start medical school or are already starting to interview for residency programs, hereโs our residency salary compensation guide for new physicians.
