Salary and Benefits
Sample Resident Contract
Resident Appointment Agreement
Benefits 101
Resident Salaries 2024-2025
Salary levels are established annually by the Graduate Medical Education
Committee and are the same for all residents. Cost of living adjustments
are made each year based on rate of inflation.
Year Salary
R1 $64,235
R2 $66,647
R3 $69,448
R4 $72,792
R5 $76,345
Vacation
- 20 days vacation for R1s with 5 of those days assigned as the last week
of internship.
- 20 days vacation for R2, R3 and R4’s.
- Vacation time is pro-rated if a resident works less than full time.
- Weekends are not counted as vacation days.
- Vacation expires at the end of each training year.
Education Materials
- Categorical program residents will receive $1000 to spend for educational
resources (this may include an iPad and/or text or phone apps, online
resources or books) as approved by the residency program director.
Licenses And Certification
- BLS
- ACLS certification
- USMLE Step III or COMLEX III exam
- Institutional DEA
Insurance
Insurance is provided through Providence Health and Services.
Three plans are available so that health/vision/dental insurance can be
customized for resident and their family’s needs.
- Basic Life and AD&D Insurance (2x salary) free to resident with additional
coverage available for purchase
- Long Term Disability free to resident with additional coverage available
for purchase
- Variety of retirement plans
- Professional Liability Insurance
Sick Leave
- 5 days per academic year, which may carry forward, but is not compensable
at the end of your program.
Leave of Absence
Per the ACGME requirements
- Maternity leave - 6 weeks at 100% pay
- Parental leave - 6 weeks at 100 % pay
- Leave to care for family member - 6 weeks at 100% pay
Organizational Memberships
Resident Perks
- $3,000 meal compensation per year at Sacred Heart Medical Center.
- Free parking at hospitals/clinic
- Monogrammed white coat