Stipend and Benefits

Salary

  • $48,000 for PGY-1 residents
  • $51,000 for PGY-2 residents

You are responsible for your living accommodations. Partial relocation assistance is available.

Office space and amenities

Each resident is assigned a personal desk space with these amenities:

  • Desktop computer with double monitors
  • Laptop computer for interdisciplinary rounds
  • File storage
  • Office supplies
  • Phone with individual phone number
  • Print, copy, fax, and scanning capabilities

Vacation, holiday and sick leave

Residents are allotted 15 total days of paid time off for personal vacation (including professional interviews), holidays, and sick leave. Mayo Clinic recognizes six major holidays each year: New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day.

Residents may be required to staff scheduled holidays, evenings, and weekends. A staffed holiday is not counted against the resident's allotment of 15 total days of paid time off.

Professional travel

During your residency, you will have the opportunity to attend professional meetings for the purposes of networking, professional development, and service to the profession. Funding is provided for approved travel-related expenses, such as airfare, hotel, and registration fees.

All PGY-1 and PGY-2 residents attend the Vizient meeting and American Society of Health-System Pharmacists (ASHP) Midyear Clinical Meeting. PGY-1 residents also attend ASHP state affiliate meeting(s) and a regional residency research conference. PGY-2 residents are allowed to attend one specialty meeting. Attendance at additional local, state, and national meetings by a PGY-1 or PGY-2 resident is at the discretion of residency program leadership. Typically, residents are allotted a maximum of 10 professional travel days a year.

Library resources

Residents have privileges at Mayo Clinic's many libraries. You will have at-home and on-site access to nearly 4,200 electronic journals and more than 575 electronic books,  provided free of charge. The libraries offer a variety of classes -- many of them online -- to help you learn how to use the large number of resources.

Special collections include:

  • Rare medical works of scholarly significance, such as books from 1479 and journals from 1665
  • First descriptions and classic accounts
  • Works that help explain the development of medicine

Information technology resources

Mayo Clinic provides cutting-edge technological resources to optimize your residency experience. Many mobile devices are supported by Mayo Clinic Information Technology. Access to wireless Internet, email accounts, Mayo apps, and clinical software programs can be had at the touch of a button. The Help Desk provides around-the-clock assistance with Mac and PC questions and troubleshooting.

More than 52,000 computer workstations are available in nursing units, resident work areas, and the outpatient clinics. Additionally, residents are given remote access via virtual private network (VPN) for 24/7 electronic medical record and library access from home.

Medical, dental, vision and prescription coverage

Residents are eligible for an excellent benefit package that includes medical and prescription coverage from day one, as well as a dental and vision reimbursement account or dental insurance.

Medical plan premiums for employee, employee plus a child or children, employee plus spouse, and family are competitively priced and selected by the resident during orientation. Prescription drug coverage varies based on the medical plan chosen.

Flexible spending accounts

A flexible spending account allows you to specify a contribution amount to be deducted from your paycheck on a pretax basis. When you incur eligible expenses for yourself or an eligible dependent, you submit an app-based claim to be reimbursed from your account.

As a resident, you are eligible to use a health care flexible spending account and a dependent care flexible spending account.

Life insurance

Mayo Clinic sponsors an employer-paid term life insurance plan. You will have coverage of three times your annual salary provided from day one.

Dan Abraham Healthy Living Center

Mayo Clinic is committed to the wellness of its employee community. Since 2007, the Dan Abraham Healthy Living Center at Mayo Clinic has earned recognition as a national leader among corporate wellness programs. Membership fees are incentive-based.

The center has extensive programs and amenities, including:

  • 150+ group fitness classes a week
  • Individual and small-group training
  • Wellness coaching
  • Cooking classes
  • Indoor cushioned track
  • Locker rooms
  • Hydromassage and massage services
  • Relaxation rooms
  • Fitness pool
  • Saltwater lap pool (25 yards with four lanes)

Employee education

Mayo Clinic provides a multitude of resources for employees to increase and improve their knowledge, skills, and abilities. Classroom training, online modules, and quick-reference guides help all employees effectively ensure that the needs of the patient come first.

Educational opportunities and tutorials that are popular among pharmacy residents include:

  • Quality-improvement training
  • EndNote
  • Microsoft Excel and REDCap database development
  • Microsoft Outlook
  • Microsoft PowerPoint
  • Microsoft Word
  • Statistical software courses

Academic advising/tutoring

The transition from student to postgraduate resident may be challenging with respect to time management, organization skills, study tips, or meeting expectations as a new health care professional. Academic success advisors are available to all residents who seek support for emotional issues or learning differences. Each session with the academic success coach is individualized to create both short-term and long-term plans to promote academic, personal, and career accomplishments.

Employee Assistance Program

Sometimes residents face personal problems that are difficult to handle alone. When concerns become overwhelming and affect personal happiness, family relations, performance at work, and even health, Mayo Clinic's Employee Assistance Program can help. This employer-paid benefit provides you and your family members access to confidential assessment and referral services regarding personal concerns such as:

  • Family relationships
  • Financial or legal issues
  • Alcohol or drug dependency
  • Workplace or vocational issues
  • Mental and emotional health

Employee leisure activities and discounts

The Mayo Clinic Leisure and Lifestyle Activities Program coordinates special events, discounts, and group activities for employees to attend social, cultural, recreational, and educational gatherings. Additionally, the Mayo Clinic Employee Discount Program provides local, regional, and national discounts for a variety of services, such as:

  • Animal care
  • Attractions and entertainment
  • Beauty and grooming services
  • Car care
  • Computer purchases and repairs
  • Dry cleaning
  • Food and restaurants
  • Hotels
  • Movie tickets
  • Shopping
  • Tax preparation
  • Theater and the arts
  • Travel
  • Wireless phone services