Compensation & Benefits
2024-2025 Compensation and Benefits
Salary
PGY-1 — $63,650
PGY-2 — $65,882
PGY-3 — $68,126
PGY-4 — $71,121
PGY-5 — $74,104
Paid Time Off
Vacation
PGY-1 — 20 vacation days
PGY-2 -5 — 15 vacation days
Conference
PGY2-5 —5 conference days
Educational Sign on Bonus
$2,500 taxable; distributed annually
Insurance – available for all fellows and dependents per hospital policy
- Health
- Dental
- Vision
- Prescription Drug
- Flexible Benefit Spending
- Short Term Disability
- Long Term Disability
- Life Insurance
- Optional Supplemental Insurance
- Professional Liability
Moving Expense Allowance
$1,000 relocation allowance, subject to current tax laws and hospital policy.
Meals
$2,000 annual meal allowance, added to annual salary and paid across 26 pay cycles.
Parking
Free Parking on all Mercy campuses
Recreational Facilities
Free Membership to on-campus fitness center
Additional Benefits
- Lab coats (2 for first academic year, then 1 per year thereafter, ordered through program)
- AO Basic and Advanced Trauma courses
- BLS, ACLS and ATLS certification
- $1,000 Stipend for Personal Lead Protection
- Maternity/Paternity Leave
- Occupational health services
- Work/life services and support through LifeMatters®
- Associate Discount Program
- Access to medical library and computerized literature
- Direct payroll deposit
*All benefits are effective on the first day of employment