Overview
- The raise package is retroactive from December 2021 and extends through June 2027.
- Starting salaries will increase from $66,247 to $81,238 by December 2025.
- Residents will receive lump sum bonuses ranging from $4,000 to $6,000.
- The contract aims to improve recruitment and retention at NYC's public hospitals.
- The deal follows more than nine months of negotiations and awaits ratification by union members.