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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. These salaries do not include compensation for medical, dental, liability, life insurance and other additional paid benefits.

Effective salaries are:

  • PGY1 - $60,901
  • PGY2 - $63,262
  • PGY3 - $65,821

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
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