Salary and Benefits

Salem Hospital offers a generous salary and comprehensive benefits. Please read through our Resident Yearly Contract for more information (as per Accreditation Council for Graduate Medical Education (ACGME) and National Residency Matching Program (NRMP) regulations).

Health Insurance

Residents are offered a choice of medical and insurance options. Each medical resident will be responsible for a portion of the cost of these insurance plans.

Professional Liability Insurance Coverage

Residents are covered by the hospitals professional liability insurance while performing duties within the scope of the medical education program.

Educational Allowance

Graduating third-year residents are provided with up to $1,000 reimbursement for enrollment in an approved board review course.


Residents are provided with two lab coats during each year of training.


Residents are provided with on-campus free parking.

Vacation/Personal/Educational/Sick Time

Residents are allotted four weeks of paid vacation time annually.


  • PGY-1 $ 71,400.00
  • PGY-2 $ 75,000.00
  • PGY-3 $ 78,500.00
Stipends shown are for the current academic year.