Employment Terms and Benefits
In addition to competitive stipends for resident and fellow physicians, IU School of Medicine Graduate Medical Education (GME) offers excellent health and wellness benefits with no monthly premiums charged to residents and fellows. Stipends are evaluated annually and compared across the nation to ensure competitive compensation.
The GME Office provides administrative support and supervisory oversight of all IU School of Medicine residency and fellowship programs. The office serves as the human resource office for residents and fellows, providing core administrative services including payroll, health and dental insurance (via Bloomington), disability and life insurance, liability insurance, parking, loan deferments, and verification of appointment and training, among other GME support services.
The GME Office, in collaboration with its affiliated hospitals, also provides administrative guidance and professional development for program directors, faculty, residents, fellows and coordinators to enhance administrative expertise toward fulfilling state and national requirements for ACGME, NRMP and other specialty organizations.
Residents and fellows at IU School of Medicine must adhere to the highest professional standards and demonstrate the school’s commitment to providing excellent, compassionate and ethical care. The policies and standards established by the school and its clinical partners ensure that these standards of excellence are achieved in all situations.
IU School of Medicine residents and fellows are paid monthly on the last business day of each month except for the December paycheck which is paid on the first business day in January. No advance pay can be made. Please adjust automatic payments accordingly. Federal, State, County Income Tax, and Social Security Tax are withheld from paychecks. In a few instances (fellows), where a portion of pay comes from non-taxable grants, income taxes are not withheld; these fellows are advised to file a Declaration of Estimated Tax, State and Federal, to cover the balance.
Residents and fellows at IU School of Medicine are required to have direct bank deposit for payroll deposits. This is a simple, convenient, and safe method for depositing pay. In addition, all residents and fellows will have a direct deposit pay advice from IU, even when rotating to affiliated hospitals and off-site electives. All pay information is managed and distributed electronically through the University One.IU system. Residents and fellows must use an IUPUI network login and password to access this system. Credentials will be granted upon arrival.
Amounts below are effective 07/01/2019 – 06/30/2020
IU School of Medicine offers one of the best benefits packages in the country, including a variety of fringe benefits and perks for residents and fellows, their spouses, and families.
- 3-4 weeks of vacation per year
- Health and dental insurance with NO monthly premiums for residents/fellows, their spouses, and families
- Free life insurance
- Free disability insurance
- Free medical malpractice insurance
- Free monorail and bus shuttle transportation provided between hospitals
- Free parking at all hospitals
- Meal money provided for on-call nights
- Pagers provided
- White coats and scrub suits provided
- Indiana University Tuition Benefit for residents/fellows, their spouses, and dependent children
- Free software, including over 200 programs and training courses for applications like Photoshop and Microsoft Office
- Electronic access to textbooks (Zitelli, Nelson, Redbook, etc.)