Salaries and Benefits

Salaries for Resident and Fellow Physicians

Our resident physicians receive competitive financial support in the form of salaries during their residency at Mount Carmel. Their annual salary compensation is based on their PGY level in the residency program. The following is the salary information for the 2023-2024 academic year.

  • PGY-1: $63,471.54
  • PGY-2: $65,613.54
  • PGY-3: $69,011.16
  • PGY-4: $70,373.88
  • PGY-5: $73,663.38

Perks & Benefits for Residents

Explore our comprehensive guide to perks and benefits at Mount Carmel Health System.