Salary and Benefits

Salaries for residents throughout the Providence Health & Services in Oregon are identical and competitive with other residency programs in the Portland area. The salary schedule listed below does not include medical, dental, liability, life insurance and other additional paid benefits.

Resident Salaries for Academic Year: 2024-2025

PGY-1 $66,882
PGY-2 $70,163
PGY-3 $73,013

Benefits

Insurance*

• Medical, dental and vision insurance for resident and eligible dependents*
• Funded Healthcare Reimbursement Account
• Long-term disability insurance provided
• Short-term disability plan
• Paid parental leave
• Professional liability insurance provided ($5 million/occurrence malpractice policy; all activities within the scope of residency are covered)
• Group life and AD&D insurance provided
• Flexible spending accounts for health care and dependent care

*Eligible dependents include spouse or domestic partner and resident’s children.

Time Off

• Receive 25 days (200 hours), combined PTO and sick time, each PGY year.
• Medical, parental and family leave: per guidelines based on Federal Family Leave Act, Oregon Medical Leave Act, and American Board of Internal Medicine
• Health Maintenance Days
• Education days for presenting at conference(s)

Retirement

• Employer-funded retirement plan (5-year vesting)
• Tax-favored 403(b) with Providence matching
• Deferred compensation 457(b) plan

Education Benefits

• American College of Physicians Associate Membership dues paid
• USMLE Step 3 or COMLEX level 3 fees paid in full (if taken during PGY-1 year)
• Educational stipend: $500 for preliminary PGY-1, and $3,500 for categorical residents accessible throughout residency.
• ACLS certification and recertification, fees paid and time off provided
• Internal Medicine In-Training Exam fee paid
• Oregon Limited License fee paid in full

Additional Benefits

• Housing allowance, $4,180
• Wellness stipend, $500/ year
• Annual food allowance
• White coats provided for residents for each year of training
• MKSAP subscription
• Free on-site parking
• Free mass transit passes (bus and light rail system)
• Professional and confidential counseling assistance
• Supplemental life, AD&D, dependent life insurance available
• On-site fitness center, discount offered for employees and family members
• Vision discount
• Pharmacy discount
• Long term care insurance