Financial resilience among doctors in training and the COVID-19 pandemic

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dc.contributor.authorKijowsjki, F.
dc.contributor.authorMoore, Stephen
dc.contributor.authorIqbal, S.
dc.contributor.authorCronin, Jodi
dc.contributor.authorMilewski, L.
dc.contributor.authorWoods, Noel
dc.contributor.authorO'Reilly, Seamus
dc.date.accessioned2021-08-10T07:51:38Z
dc.date.available2021-08-10T07:51:38Z
dc.date.issued2021-06
dc.date.updated2021-08-09T14:47:39Z
dc.description.abstractAim: Deaths of doctors during the COVID-19 pandemic prompted an assessment of financial resilience among doctors in training in Ireland. Methods: In 2020, a 27-item online survey of demographics, work practices and finances was circulated nationally. The results were assessed using multiple correspondence analysis to develop a financial resilience framework. Results: 161 responses were received. Only 26 (16.1%) respondents had income insurance, 10 (6.2%) had composed a will, and 41 (25.5%) had life insurance. 135 (83.9%) had not sought financial guidance and 153 (95%) were not aware of employer supports in event of death/disability. 105 (65.2%) would be considered financially fragile based on their median savings. Using a multiple correspondence analysis, 74 (46%) of the cohort were financially insecure. In the event of death 44/70 (62.9%) of those with dependents, felt that their dependents would not be looked after. Conclusion: The majority of doctors in training lack both financial resilience and knowledge, nor are they aware of financial support structures. Financial management should be incorporated into medical education.en
dc.description.statusPeer revieweden
dc.description.versionPublished Versionen
dc.format.mimetypeapplication/pdfen
dc.identifier.articleidP380
dc.identifier.citationKijowsjki, F., Moore, S., Iqbal, S., Cronin, J., Milewski, L., Woods, N. and O'Reilly, S. (2021) 'Financial resilience among doctors in training and the COVID-19 pandemic', Irish Medical Journal, 114(6), P380 (9pp). Available at: https://imj.ie/financial-resilience-among-doctors-in-training-and-the-covid-19-pandemic/ (Accessed: 10 August 2021)en
dc.identifier.endpage9en
dc.identifier.issn0332-3102
dc.identifier.issued6en
dc.identifier.journaltitleIrish Medical Journalen
dc.identifier.startpage1en
dc.identifier.urihttps://hdl.handle.net/10468/11708
dc.identifier.volume114en
dc.language.isoenen
dc.publisherIrish Medical Organisationen
dc.relation.urihttp://imj.ie/financial-resilience-among-doctors-in-training-and-the-covid-19-pandemic/
dc.rights© 2021, Irish Medical Journal. All rights reserved.en
dc.subjectFinancial resilienceen
dc.subjectDoctors in trainingen
dc.subjectCOVID-19 pandemicen
dc.titleFinancial resilience among doctors in training and the COVID-19 pandemicen
dc.typeArticle (peer-reviewed)en
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