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Providence Portland: Stipends and Benefits

 


Resident salaries throughout Providence Health System in Oregon are identical and competitive with other residency programs in Portland.

Salaries for 2009-2010 Residents: 
PGY-1 $47,500
PGY-2 $49,700
PGY-3 $52,000

Insurance* (provided in addition to salary):  
Medical, dental and vision insurance for resident and eligible dependents
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; eligible dependents include spouse or domestic partner and resident's 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: 
Employer funded retirement plan (five year vesting)
Tax-favored 403(b) with Providence matching
Deferred compensation 457(b) 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

Oregon 529 College Savings Plan

Long-term care insurance

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