Compensation & Benefits

2024-2025 Compensation and Benefits

Salary

PGY-1 — $63,650
PGY-2 — $65,882
PGY-3 — $68,126

Paid Time Off

Paid Time Off –  21 calendar days
Sick Days – 5 calendar days
Conference – 4 days (PGY2 and PGY3 years)

Educational Sign-on Bonus

$2,500 taxable; distributed annually

Insurance – available for all residents 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.
Each resident will receive a DoorDash DashPass.

Parking

Free Parking on all Mercy campuses

On-Call Quarters

Provided for each resident when on call and furnished with appropriate amenities.

Recreational Facilities

Free Membership to on-campus fitness center

Additional Benefits

  • ACP membership
  • Lab coats (2 for 1st academic year, then one per year thereafter, ordered through program)
  • BLS and ACLS certification
  • Occupational health services
  • Retirement Plans
  • Paid Maternity/Paternity Leave and FMLA Available
  • Work/life services and support through SpringHealth®
  • Associate Discount Program
  • Access to medical library and computerized literature
  • Direct payroll deposit

All benefits are effective on the first day of employment.

Programs