Graduate Medical Education – Salary and Benefits
Resident Salaries 2024-2025
Salary levels are established annually by the Graduate Medical Education Committee and are the same for all residents. Cost of living adjustments are made each year based on rate of inflation.
Year Salary
R1 $66,162
R2 $68,646
R3 $71,531
R4 $74,975
R5 $78,635
Vacation
-
20 days vacation for R1s with 5 of those days assigned as the last week of internship.
-
20 days vacation for R2, R3 and R4’s.
-
Vacation time is pro-rated if a resident works less than full time.
-
Weekends are not counted as vacation days.
-
Vacation expires at the end of each training year.
Education Materials
- Categorical residents receive $1,000 over the course of residency education to purchase educational material.
- Residents in one year programs receive $ 500 over the course of their educational program year.
- PGY5 Fellows get $250 over the course of their educational program year.
Certifications
-
BLS
-
ACLS certification
-
USMLE Step III or COMLEX III exam
- Other certifications may be paid for depending on program
Benefits at a Glance
Insurance
Insurance is provided through Providence Health and Services.
Three plans are available so that health/vision/dental insurance can be customized for resident and their family’s needs.
-
Basic Life and AD&D Insurance (2x salary) free to resident with additional coverage available for purchase
-
Long Term Disability free to resident with additional coverage available for purchase
-
Variety of retirement plans
-
Professional Liability Insurance
Sick Leave
-
5 days per academic year, which may carry forward, but is not compensable at the end of your program.
Mental Health Resources
-
All residents, faculty, and staff have access to digital cognitive behavioral therapy services to support individual well-being.
Resident Perks
-
$3,000 meal compensation per year at Sacred Heart Medical Center.
-
Free parking at hospitals/clinic
-
Custom Embroidered white coats