Compensation and Benefits

RESIDENTS

2024-2025 Compensation and Benefits

Salary

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

Paid Time Off

PGY-1 — 20 days
PGY-2 — 20 days
PGY-3 — 20 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.

Parking

Free Parking on all Mercy campuses

Recreational Facilities

Free Membership to Mercy St. Vincent Medical Center fitness center

Additional Benefits

·         AFP membership
·         Lab coats (2 for 1st academic year, 1 per year thereafter, ordered through program)
·         ACLS, PALS, ALSO and NRP certification
·         Occupational health services
·         Paid Maternity/Paternity Leave, 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.