Graduate Medical Education

Salary and Benefits

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Salary
Benefits

  • The St. Luke’s graduate medical education program offers a competitive salary and a comprehensive benefits package. Residents who have successfully completed the St. Luke’s residency program and moved into practice have commented that the cost of living in the Lehigh Valley is lower and they found that they had more buying power than in the large cities.

    Current Salary Structure

    Post Graduate Year Hourly Rate Annual Rate
    PGY-1 $27.33 $56,837
    PGY-2 $28.99 $60,295
    PGY-3 $30.15 $62,714
    PGY-4 $31.44 $65,387
    PGY-5 $32.70 $68,018
    PGY-6 $34.15 $71,031

    * New fellows are brought in at PGY 4, PGY YR 4 = Fellow YR 1

    Note: Salaries effective July 1, 2017.  Salaries start in PGY-1 and correspond to the number of years in the resident’s chosen program.

  • Insurance

    • Choice of health care plans for residents and their dependents
    • Dental insurance for the resident and his/her dependents (after six months of employment)
    • Life insurance equal to the yearly salary
    • Long-term disability insurance (after six months of employment)
    • Option to purchase short-term disability insurance
    • Malpractice insurance

    Paid Time Off

    • PGY-1: 5 vacation days off
    • PGY-2: 10 vacation days off
    • PGY-3: 15 vacation days off
    • PGY-4: 15 vacation days off
      •    
    • Sick time will accrue at a rate of one day per month

    Education

    • Book allowance – $400 per year
    • Payment of licensing and examination fees required for advancement in the program

    Conference and Travel Allowance

    • Funding up to $2,000 for a conference in the last year of residency with the approval of the Program Director and the Chief Academic Officer
    • One additional conference yearly with a $2,000 stipend when a resident at any level of training has a paper accepted for presentation at a meeting

    Other Benefits

    • iPad mini for Allscripts and Epic use
    • Prescription plan for the resident and dependents
    • Free meals on-call
    • Free on-site covered parking
    • Two free lab coats
    • Employee assistance program
    • Child development center provides day care for hospital employees' children at competitive rates (adjacent to St. Luke’s Hospital – Bethlehem Campus)
    • Credit union membership
    • Membership in the St. Luke’s Health & Fitness Center
    • Tax sheltered annuities – option to establish payroll deductions for pre-tax contributions
    • Flexible spending accounts – option to establish pre-tax deduction to pay for dependent (child or elder care)