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Stipend and Benefits
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Educational stipends: 2023-2024 academic year*
| Level | Annual Stipend Equivalent | Biweekly Amount |
|---|---|---|
| Graduate level 1 (PGY-1) | $69,774 | $2,684 |
| Graduate level 2 (PGY-2) | $72,205 | $2,777 |
| Graduate level 3 (PGY-3) | $75,191 | $2,892 |
*Effective March 13, 2024
Mayo Clinic benefits
- Health insurance and prescription coverage*
- Dental and vision insurance*
- Long term disability insurance*
- Life insurance
- Vested credit for defined benefit pension plan
- Tax-deferred voluntary savings plan (medical and dependent care flexible spending accounts)*
- Malpractice insurance
- Summary of Trainee Compensation and Benefits: Time Off Plans
- Vacation (20 working days a year)
- Up to eight days for employment/fellowship interviews
- Trip days and funds for presentations (10 days) and conference attendance (5 days)
- Short term disability (case by case)
- Paid parental leave (up to 10 days) - applies to both parents, in addition to the six weeks of short-term disability benefits for birthing parent
- All meals while on duty
- Resident's family eats free when resident is on night/weekend call
- Free parking
- Annual residency retreat
- Monthly resident wellness activities
- Residency pays for license and DEA fees, ACLS, NRP, PALS, and ALSO courses
- Laptop for home use
- Personal Butterflies
- Travel card for purchases
*These benefits are voluntary and/or require a premium/contribution paid by the resident. All other benefits are provided by Mayo Clinic Health System.
Services and support
- Office for Diversity. For questions or comments regarding diversity and inclusion within Mayo Clinic College of Medicine and Science, contact the Education Office for Diversity, Equity, and Inclusion.
- Financial and insurance counseling. Advisers are available to help with personal financial questions.
- Employee Assistance Program. Professional, confidential assistance is provided to address professional or personal problems.
- Employment for your significant other. With Mayo Clinic Health System being such an integral part of the community, we have extensive connections in a variety of areas (not just medicine) in and around Eau Claire. We would be happy to help your significant other find a niche in the region.
- Residents teaching students. We regularly have medical students rotating in the hospital and clinic. You will get the chance to refine your teaching skills while working with visiting M3 to M4 medical students.
- Advisors and mentors. We match you with a family medicine faculty adviser to help you navigate residency training while keeping your goals in mind. You meet regularly with your adviser throughout all three years of training to ensure you are getting the experience and mentoring you need to be successful.