Salary and Benefits

Salary

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:

  • PGY-1: $59,212
  • PGY-2: $61,955
  • PGY-3: $64,821

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

Paid vacation consisting of 4 weeks each year with additional time for educational conferences

Malpractice insurance

Paid parking/transit passes

Retirement programs

Pharmacy discount

College savings plan

Reimbursement for USLME Step 3

Benefit plans offered to same-gender domestic partners and their children