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 - $64,310
- PGY2 - $66,815
- PGY3 - $69,530
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Additional Financial Support includes:
- Annual Housing Stipend - $4000
- Annual Wellness Stipend - $500
- Annual CME Fund - $500 in PGY1 year; $1500 in PGY2 & PGY3 years
- Hood River residents receive a Rural Transition Stipend of $1500 to help
with moving expenses to Hood River at the end of intern year
- Food Allowance: $2406
- Courses: BLS/ACLS, NRP and PALS all reimbursed.
- USMLE Step 3 reimbursed.
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
