Resident salaries throughout Providence Health System in Oregon are identical and competitive with other residency programs in Portland.
Salaries for 2008-2009 Residents: PGY-1 $45,750 PGY-2 $48,000 PGY-3 $50,000
Insurance* (provided in addition to salary): Medical, dental and vision insurance for resident and family Long-term disability insurance Professional Liability insurance (malpractice policy of $5 million/occurrence; covers all activities within the scope of the residency) Group life and AD&D Insurance Workers’ compensation insurance provided *Multiple options available; benefit plans offered to same-gender domestic partners and their children
Time Off Policies: Paid vacation (3 weeks PGY-1 & PGY-2 year; 4 weeks PGY-3 year) Paid Sick leave (12 days) Medical, family or parental leave as per Federal Family Medical Leave Act, Oregon Medical Leave Act and American Board of Internal Medicine guidelines Professional leave available in PGY-2 & PGY-3 years Fellowship or job search leave available in either PGY-2 or PGY-3 year
Retirement: Core Plan – Cash Balance funded by Providence Value Plans – 403(b) and 401(a) Match by Providence (3%) Deferred compensation plan 457(b) Oregon 529 College Savings Plan
Additional Benefits:
$500 educational allowance for each year of residency
Payment of annual Oregon limited medical license
Reimbursement of USMLE Step 3/Level 3 exam fee
Monthly food allowance
Transition allowance
ACLS certification and recertification
White coats provided for new residents
Fitness center on campus
Supplemental Life, AD&D, Dependent Life Insurance available
Work & Family Resources Program for residents and family
Health & Dependent Care Day Care Reimbursement accounts available
Vision discount program
Pharmacy discount
Off-campus access to hospital computer systems
Free on-campus parking
Free mass transit passes (bus and light rail)
Child care center and Montessori School on campus
Paid CME for alumni
Retirement accounts available (403(b), 401(a), 457(b) and 529
