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Salary and Benefits

Resident salaries are the same at all Providence hospitals and are competitive with other residency programs in Portland.

Resident Salaries 2026-2027

  • PGY1 - $71,991
  • PGY2 - $75, 524
  • PGY3 - $78,592
  • Additional Financial Support includes:
    • Annual Housing Stipend - $4461
    • 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: $2960
    • Licensing and Training:
      • Oregon Medical Training License
      • ACLS/BLS, NRP, PALS & ALSO
      • Malpractice Insurance
      • Reimbursement for USMLE/COMLEX Step 3
      • DEA License
      • AAFP Board Review Course
    • 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.
      • Not approved for courses or conferences after residency, for computers, cell phones, data plans or medical equipment that residents retain as personal property.

Benefits

  • Annual account for continuing medical education (CME)
  • Benefit plans offered to same-gender domestic partners and their children
  • College savings plan
  • Credit union available to residents and their immediate family members
  • Dental insurance for resident and dependents
  • Dependent care reimbursement accounts
  • Health care reimbursement accounts
  • Life insurance at no cost
  • Long-term disability insurance to a maximum allowable of 66 2/3 percent of monthly base salary
  • Malpractice insurance
  • Medical insurance for resident and dependents
  • Notary service, free to all residents
  • Paid parking/transit passes
  • 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.
  • 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
  • Pharmacy discount
  • Reimbursement for USMLE Step 3
  • Retirement programs
  • Short-term disability insurance, covers 66 2/3 percent of monthly base salary
  • Validation of loan deferments
  • Vision care, including eye exams, frames, lenses and contacts
  • Worker’s compensation insurance