Board of Visitors minutes November 8, 1996 | ||
APPROVAL OF MARKET ADJUSTMENT STIPENDS FOR
UNIVERSITY OF VIRGINIA MEDICAL CENTER
HOUSESTAFF
The following resolution was adopted:
- WHEREAS legislation enacted by the 1990 General
Assembly authorized the Board of Visitors to establish
competitive compensation programs for Health Care
Professionals, including Housestaff, employed in the University of Virginia Medical Center; and5213
- WHEREAS the results of the annual survey conducted by the Council of Teaching Hospitals (COTH), which serves as the basis for establishing Housestaff stipends at the University of Virginia Medical Center, was received recently; and
- WHEREAS the survey results support an adjustment in the stipends paid Housestaff to permit the University of Virginia Medical Center to maintain its objective of paying stipends which are at or near the 50th percentile of state-owned teaching hospitals;
- RESOLVED that the accompanying proposed increases for Housestaff be approved, subject to the concurrence of the Secretary of Education of the Commonwealth of Virginia, to become effective on December 1, 1996.
CLASS TITLE | YEAR | # OF FTE's | UVa CURRENT | 1995-96 COTH BENCHMARK | MCV CURRENT | PROPOSED INCREASE 12/01/96 | PERCENT INCREASE |
HCP Resident | 1 | 103 | $29,278 | $30,000 | $29,696 | $30,742 | 5.0% |
HCP Resident | 2 | 94 | 30,908 | 31,348 | 31,348 | 32,453 | 5.0% |
HCP Resident | 3 | 99 | 32,544 | 32,520 | 33,008 | 33,846 | 4.0% |
HCP Resident | 4 | 63 | 33,977 | 33,570 | 34,461 | 34,677 | 2.1% |
HCP Resident | 5 | 64 | 35,805 | 35,211 | 36,316 | 36,521 | 2.0% |
HCP Resident | 6 | 30 | 37,489 | 36,504 | 38,023 | 37,489 | 0% |
HCP Resident | 7 | 12 | 39,824 | n/a | 40,392 | 39,824 | 0% |
HCP Resident | 8 | 12 | 42,124 | n/a | 42,726 | 42,124 | 0% |
Board of Visitors minutes November 8, 1996 | ||