Salary and Benefits
Salary
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
PGY-1 – $48,506
PGY-2 – $51,459
PGY-3 – $53,518
PGY-4 – $55,827
PGY-5 – $58,053
PGY-6 - $60,631
Notes
- Salaries start in PGY-1 and correspond to the number of years in the resident’s chosen program.
- In residency programs that are three years, PGY-2 and PGY-3 residents get the CME time and allotment.
Benefits
Insurance
- Choice of health care plans
- 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
- Three weeks vacation for residents yearly
- Two personal days yearly
- Sick time will accrue at a rate of one day per month
Education
- Book allowance - $250 per year
- Payment of licensing and examination fees required for advancement in the program
Conference and Travel Allowance
- Funding for conferences for each of the last two years with the approval of the program director.
- One additional conference yearly with a $1,500 stipend when a resident at any level of training has a paper accepted for presentation at a meeting.
Other Benefits
- Prescription plan for the resident and dependents
- Free meals on-call
- Free on-site covered parking
- Three 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)