Salary and Benefits
Resident salaries are the same at all Providence hospitals and are competitive
with other residency programs in Portland. These salaries do not include
compensation for medical, dental, liability, life insurance and other
additional paid benefits.
Effective salaries are:
- PGY1 - $66,882
- PGY2 - $70,163
- PGY3 - $73,013
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Additional Financial Support includes:
- Annual Housing Stipend - $4180
- Annual Wellness Stipend - $500
- Hood River residents receive a Rural Transition Stipend of $1600 to help
with moving expenses to Hood River at the end of intern year
- Annual Food Allowance: $2743
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Licensing and Training:
- Oregon Medical Training License
- ACLS/BLS, NRP, PALS & ALSO
- Malpractice Insurance
- Reimbursement for USMLE Step 3
- DEA License
- AAFP Board Review Course
- Reimbursement for USMLE Step 3
- Continuing Medical Education - $3500 total for 3 years as a categorical
resident. Rather than an annual stipend, this single amount is designed
to more fully support attending a CME* event in person if desired. It
can be used for conferences, membership in professional medical societies,
journal subscriptions, medical books and exam preparation material for
board certification and courses to improve time management and organizational skills.
Benefits
Medical insurance for resident and dependents
Annual account for continuing medical education (CME)
Dental insurance for resident and dependents
Parental leave in accordance with Federal Family and Medical Leave Act
of 1993, residents are eligible for parental leave consisting of up to
12 weeks time off with continuation of full benefits
Vision care, including eye exams, frames, lenses and contacts
Credit union available to residents and their immediate family members
Health care reimbursement accounts
Notary service, free to all residents
Dependent care reimbursement accounts
Validation of loan deferments
Life insurance at no cost
Worker’s compensation insurance
Long-term disability insurance to a maximum allowable of 66 2/3 percent
of monthly base salary
Short-term disability insurance, covers 66 2/3 percent of monthly base salary
Malpractice insurance
Paid vacation consisting of 4 weeks each year with additional time for
educational conferences. Additional 5 days of "sick" time &
3 wellness half days each year.
Retirement programs
Paid parking/transit passes
College savings plan
Pharmacy discount
Benefit plans offered to same-gender domestic partners and their children
Reimbursement for USMLE Step 3
