Benefits for Duke Residents and Fellows, 2023-2024

Stipends for Duke GME trainees can be found here:

 

Duke and Durham has a lower cost of living than the home cities of most other major academic medical centers. Therefore, you can afford a higher standard of living with a comparable stipend. To compare COL in Durham with other cities see: 2023 Cost of Living Calculator (bestplaces.net).

Durham/Duke PGY-1 Stipend: $65,316

Example Cities Stipend required for equivalent standard of living
Nashville $69,067
Philadelphia $70,340
Chicago $71,948
Boston $102,764
Seattle $112,411
New York $112,946
San Francisco $163,457

Health Insurance Coverage

 


403b Retirement Contribution: Effective January 1, 2024 - new this year!

  • Eligible after one year of employment and age 21—additional information will be sent to eligible trainees this fall
  • Immediate vesting
  • 4% contribution (no employee contribution required)
  • Complimentary confidential financial counseling appointments with a representative from Fidelity are available

 


Back-Up Care for Dependents

  • 10 annual days of backup care at discounted rates using Bright Horizons' network of caregivers who provide care for your dependents when you have a disruption in your regular care.
  • Bright Horizons' center-based care is $15 per child per day or $25 per family.
  • Bright Horizons' in-home care for both children and adults is priced at $6 per hour.

 


Disability and Life Insurance

  • Life Insurance- no cost to trainees
    • $100K benefit with additional benefit for death/dismemberment—portable upon graduation
    • Supplemental life insurance ($500K) for trainees who are required to do air transport in their training
  • Base Disability Insurance- no cost to trainees
    • 60% of stipend up to $4,000 per month
    • Specialty-specific through retirement age
    • Convertible to individual policy at graduation
  • Supplemental Disability Insurance-optional at discounted rates
    • Underwriting concessions, fully portable
    • Specialty-specific, discounted rates

 


Financial Consulting

  • Insurance and financial planning

 


Vacation/Leave Benefits

  • Trainees eligible for DUHS parental leave policy (6 weeks paid leave)
  • GME-specific policy for medical illness or caregiver leave
  • 20 paid vacation days per year
  • 8 paid days for acute illness, bereavement
  • 2 paid days to schedule medical/dental appointments

 


Other Important Benefits

  • Parking permit in premium deck at no cost to trainee (~$1,400 benefit annually)
  • $12 per night meal benefit when on call
  • On-campus gym for GME trainees only (renovation in progress)
  • Labcoats for all trainees with annual refresh

 


Well-Being