Compensation and Benefits
Benefits, Compensation, and Program Highlights
Saint Mary's Internal Medicine residents enjoy a comprehensive benefits package, competitive compensation, and numerous educational and wellness resources designed to support professional development and work-life balance.
Salary for Internal Medicine Residents
- PGY-1 - $78,846
- PGY-2 - $82,295
- PGY-3 - $86,237
Health and Insurance Benefits
Health and Dental Insurance
- Comprehensive health and dental coverage is available through the same plans offered to hospital employees and their families.
- Coverage begins on the first day of employment.
- Continued coverage may be available through COBRA upon termination.
Life Insurance
- Group life insurance and accidental death and dismemberment coverage equal to one times annual salary at no cost to the resident.
- Effective following 90 days of employment.
- Supplemental life insurance is available through payroll deduction.
Long-Term Disability Insurance
- Provided by the hospital at no cost following 90 days of employment.
Professional Liability Insurance
- Full professional liability coverage is provided for activities performed within the scope of residency training.
Wellness and Employee Support
Employee Assistance Program (EAP)
- Confidential services available to residents and their immediate families.
- Includes professional assessment, crisis intervention, brief counseling, and referrals.
Mental Health and Wellness Resources as mentioned on the Wellness page
Educational Benefits
Residents receive substantial academic support throughout training, including:
- Annual educational stipend.
- Annual presentation stipend
- Annual membership in the American College of Physicians (ACP).
- MKSAP online subscription throughout residency.
- Additional board review allowance during the PGY-3 year.
- Complimentary poster printing for research presentations.
- Complimentary registration for the Connecticut ACP Meeting and Waterbury Research Day.
- Robust research and scholarly activity opportunities.
Meals and Resident Amenities
- Free lunch is provided Monday through Friday during noon conference.
- Additional meal allowance is available for call days and weekends.
- Meal card access for the hospital cafeteria.
- Allowance for purchases at the in-house Starbucks coffee shop.
- Residents' lounge equipped with a refrigerator, computer access, television, and 24/7 coffee service.
Time Off
Vacation
- Four weeks of paid vacation annually.
Family and Medical Leave
- Up to 16 weeks of Family and Medical Leave may be granted during a 24-month period for qualifying medical and family circumstances.
Housing and Childcare
Housing
- On-site housing is not available.
- The program coordinator can provide housing resources and rental information.
- Affordable housing options are available within walking distance, across the street from the hospital, or within a short 10-15 minute commute.
Childcare
- Childcare services are available through the YMCA of Waterbury.
- Phone: (203) 754-9622.
Additional Benefits
- Free covered parking at Saint Mary's Hospital and during electives at Yale
- Hospital-provided lab coats and scrubs.
- Medical Flexible Spending Account (FSA) available through pre-tax payroll deductions.
Additional program information, resident activities, and updates are available through the program's Instagram page.