Salary and benefits

Annual Salary 2023-2024

  • PGY1:   $76,680.00
  • PGY2:   $80,968.00
  • PGY3:   $84,438.00
  • PGY4:   $88,717.00


  • Choose from six health insurance plans depending on your healthcare needs. Some options are provided at no additional cost to the resident.
  • Malpractice insurance is covered for residency and moonlighting.
  • Prescription drug coverage
  • Dental Coverage
  • Long Term Disability and Life Insurance
  • Flexible Spending Accounts
  • Retirement planning- 403(b)Tax Sheltered Annuity (TSA) through various vendors. The institution will automatically contribute an amount equal to 2% of your salary on a yearly basis (not deducted from your pay). 

For more information regarding benefits, please visit the BIDMC Graduate Medical Education Website.

Educational Stipend

Residents receive educational stipends that vary from $800 to $1500 per academic year depending on their level of training and clinical duties.