The Board of Directors of MCWAH establishes stipends for housestaff. The stipend levels for the academic year beginning July 1, 2016 are:
The stipend is deposited directly once a month, on the last day of the month, in the individual's bank account. MCWAH offers direct deposit at most banks, savings and loans, and credit unions in the greater Milwaukee area. The funds are available on payday. If the payday falls on a holiday or weekend, the funds are available the day before the holiday or weekend.
The Post Graduate year is the one appropriate for the program in which the housestaff is currently enrolled and is determined by the number of years remaining before successful completion of the program. Only pre-requisite years are included in the Post Graduate year determination. Example: An individual has completed 5 years of previous GME and enters the first year of a Cardiology program. The training year level would be PG IV if the individual successfully completed 3 years training in an Internal Medicine program as the pre-requisite for Cardiology.
When a question exists with respect to the Post Graduate year, the Program Coordinator should contact the appropriate Board or RRC to determine the amount of the individual’s previous training that can be counted towards their MCWAH program requirements.
Changes in monthly salary levels for housestaff advancing mid-year will occur on the 1st of the month. For housestaff whose advance date is prior to the 16th of the month, the change in salary will be retroactive to the 1st of the month. For those whose advance date is on or after the 16th of the month, the change in salary will be effective the first of the following month.
The working condition benefit will remain $1,500 for the 2016/17 academic year. This payment is intended to help defray expenses for license fees, DEA fees, license exam fees and textbooks. This is a taxable benefit that will be paid in two $750 installments; one on the December 31, 2016 paycheck and one on the June 30, 2017 paycheck. There are compliance requirements that must be met to be eligible for this payment. Housestaff who complete midyear, are paid a pro-rated amount on their last paycheck.