Salary and Benefits for 2026-2027 Academic Year
Salary & Benefits
1st Year
2nd Year
3rd Year
Method of Payment
Salary
$68,500
$71,000
$73,500
Paid bi-weekly
Housing / Relocation*
$11,000
Forgivable loan- total amount paid on first day of employment
Meals
Meals in hospital while on duty
Meals in hospital while on duty
Meals in hospital while on duty
Chief Pay
$554 per week as Chief Resident (maximum of 8 weeks)
Stipend paid by the end of each block resident is chief resident
Total Compensation
$79,500
$71,000
$76,824 - $77,932
Includes housing/ relocation, salary, and chief pay
Professional Development Fund**
5 days - $1,250
5 days - $1,250
5 days - $1,250
With prior approval, paid upon completion & approval of travel expense voucher
*The housing/relocation allowance is paid to residents as an $11,000 forgiveness loan. 1/36th of the loan is forgiven for each month the resident satisfies a month of the residency curriculum.
** The annual AAFP membership fee and the one-time ISMA membership fee is automatically deducted from each resident’s professional development fund. Unused professional development fund dollars may be carried over each year (days may not be carried over). Unused funds at graduation will be forfeited.
Benefit Program
Medical, Dental & Vision Insurance
• Medical and dental coverage for Residents and covered dependents is effective upon employment contract start date as long as enrollment is completed within 31 days of contract start date.
• All other benefits begin on the 1st day of the month following 30 days of employment.
• Shared cost (premiums are pre-tax and reduce AGI).
• Single or family options available.
• A Health Reimbursement Account and biweekly incentives can also be received through our Wellness program to offset medical plan costs. A Medical Premium Assistance Program provides qualified employees a 20% savings on their medical premiums.
• All other benefits begin on the 1st day of the month following 30 days of employment.
• Shared cost (premiums are pre-tax and reduce AGI).
• Single or family options available.
• A Health Reimbursement Account and biweekly incentives can also be received through our Wellness program to offset medical plan costs. A Medical Premium Assistance Program provides qualified employees a 20% savings on their medical premiums.
Basic Life Insurance & Disability Insurance
• No cost to resident.
• Voluntary and AD&D life insurance equal to 1x annual base salary.
• Salary Continuance Plan (for medical conditions requiring absence ≤180 days).
• Long Term disability (60% base salary if disabled ≥ 180 days).
• Voluntary and AD&D life insurance equal to 1x annual base salary.
• Salary Continuance Plan (for medical conditions requiring absence ≤180 days).
• Long Term disability (60% base salary if disabled ≥ 180 days).
Supplemental Life & Disability Insurance
• Voluntary and AD&D life insurance coverage based on base annual salary.
• Available at employee group rates.
• Available at employee group rates.
Dependent Life Insurance
• Spouse & dependent children up to age 26.
• Available at employee group rates.
• Available at employee group rates.
Health & Dependent Care Flexible Spending Accounts
• Pre-tax (reduces AGI) reimbursement accounts for non-covered medical or dependent care expenses.
Paid Days Off
• Effective employment contract start date.
• Six of these days required for paid time off for holidays: New Year’s Day, Memorial Day, July 4th, Labor Day, Thanksgiving Day, and Christmas Day.
• First Year residents have 19 Paid Days Off (PDO).
• Second and Third Year residents have 24 days of PDO each year.
• No carryover of PDO into subsequent years of residency.
• Six of these days required for paid time off for holidays: New Year’s Day, Memorial Day, July 4th, Labor Day, Thanksgiving Day, and Christmas Day.
• First Year residents have 19 Paid Days Off (PDO).
• Second and Third Year residents have 24 days of PDO each year.
• No carryover of PDO into subsequent years of residency.
Retirement Savings Plan
• 401(k) retirement savings plan available through Fidelity.
• Pre-tax contributions.
• Employer matching 100% of first 1%, plus 50% of the net 5% of contributions during PGY2 and PGY3 years.
• Pre-tax contributions.
• Employer matching 100% of first 1%, plus 50% of the net 5% of contributions during PGY2 and PGY3 years.
Medical Malpractice Coverage
• Hospital purchases medical malpractice insurance policy including tail coverage.
Call Room
• Dedicated sleep room in hospital equipped with a bedroom with shower and separate work room with computer workstation, refrigerator and TV to support resident rest and wellness.
Meals
• Complimentary hot food in physician lounge for breakfast and lunch, M-F.
• Complimentary hot food in cafeteria from 4P-7P M-F and 7A-7P Sat-Sun.
• Physician lounge stocked 7 days/week with grab-and-go items: sandwiches, salads, protein snacks, salty/sweet snacks, protein bars, premium coffee and cold drinks.
• Complimentary hot food in cafeteria from 4P-7P M-F and 7A-7P Sat-Sun.
• Physician lounge stocked 7 days/week with grab-and-go items: sandwiches, salads, protein snacks, salty/sweet snacks, protein bars, premium coffee and cold drinks.
Professional Development
• Continuing Medical Education (CME) up to 5 days of paid meeting time provided each year of residency (no carryover).
• Funds provided each year in the amount of $1,250 (may carry over year to year).
• Funds provided each year in the amount of $1,250 (may carry over year to year).
Employee Counseling (CONCERN EAP)
• Free short-term counseling and referral for employees and members of their household.
