Salary and benefits

Parkview resident physician compensation

Parkview offers a competitive compensation package including salary, health insurance, time off and more.

Resident salary

Annual salary for resident physicians at Parkview is as follows (July 1, 2024 - June 30, 2025):

• PGY-1 – $61,706 - PGY1 orientation (Paid, last 2 weeks of June)
• PGY-2 – $62,168
• PGY-3 – $64,158
• PGY-4 – $66,998
• PGY-5 – $69,377
• PGY-6 – $72,196

Resident benefits

Benefits available to resident physicians include:

• Health insurance.
• Vision insurance.
• Life insurance.
• Short- and long-term disability insurance.
• 403(b) coverage.

Additional benefits

Allowed time off

Resident physicians are provided 20 days of Allowed Time Off (ATO) per academic year for vacation, conferences, and interviews. Additionally, residents are allotted five sick days and two Volunteer Time Off (VTO) days per academic year. Any unused days do not roll over to the next academic year.

Educational stipend

Breakdown of educational stipends for learning and professional development:

• PGY-1 – $1,000
• PGY-2 – $1,400
• PGY-3 – $1,500
• PGY-4 and above – $1,750

Designated facilities for resident physicians

Our resident physicians have access to designated areas including:

• Didactic rooms.
• Library with workspaces.
  • On-site librarian for assistance with lit search.
  • Online access to the Ruth Lilly Medical Library at Indiana University.
• Resident physician lounge and lockers.
• Private call rooms.
• Fitness center.
• Free parking.

Employee Assistance Program (EAP)

EAP provides free, confidential one-on-one consultations for employees and their family members who reside in the same home. Professional counselors are ready and available to work with you on personal, professional and financial issues in a private environment. EAP also provides management consultation, group counseling, team building workshops and other programs to enrich your life and employee experience.

Proactive, comprehensive wellness program

Parkview Health is committed to the health and well-being of all our resident physicians and co-workers.

Residency can be an inherently stressful time in the career of a physician, and the well-being of our resident physicians is something we take very seriously at Parkview. Declines in physician well-being are linked to lower quality patient care and patient satisfaction, increased errors and decreased health system performance. Our goal is to ensure that you are equipped with the tools and resources that enable you to be your best so you can provide the highest quality care for the patients we are privileged to serve.

Parkview MyWell-Being

At Parkview Health, we all work hard to take care of the people we serve and our communities every day. Our internal well-being department is dedicated to helping resident physicians take care of themselves. By engaging in wellness programs, you will experience short- and long-term benefits for your physical, mental and emotional health.

Below are some past activities for resident physicians hosted by the Parkview Well-Being team:

• Lifestyle Medicine – education.
• Interval workout in the gym – exercise education.
• Science of happiness – education lecture.
• QPR training – suicide prevention training.
• Calm meditations – active meditation, mindfulness and stress reduction.
• Parkview Pups visit – mental health.
• Sidewalk chalk – art therapy.
• Parkview Greenhouse and Learning Kitchen visit – nutrition education.

Peer and faculty mentorship programs

Dedicated research programs

Annual off-site retreats

Hands-on training at the Parkview Mirro Center Simulation Lab

Formal white coat ceremony and graduation ceremony