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
PGY-1 — 20 vacation days
PGY-2 — 15 vacation days, 5 conference days
PGY-3 — 15 vacation days, 5 conference days
PGY-4 — 15 vacation days, 5 conference days
PGY-5 — 15 vacation days, 5 conference days

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.

On-Call Quarters
Provided for each resident when on call and furnished with appropriate amenities.

Parking
Free Parking on all Mercy campuses

Recreational Facilities
Free Membership to on-campus fitness center

Additional Benefits

• Annual subscription to American College of Surgeons SCORE for all levels of training
• Lab coats (2 for 1st academic year, then one per year thereafter, ordered through program)
• ACLS/BLS, PALS, ATLS certification
• Fundamentals of Surgery Curriculum subscription for PGY1s (American College of Surgeons)
• Essentials of Laparoscopy course for PGY1s
• SAGES Fundamentals of Laparoscopic Surgery exam voucher
• SAGES Fundamentals of Endoscopy Surgery exam voucher
• $1000 stipend for Personal Lead Protection
• 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 the first day of employment