BENEFITS
Residents are eligible for benefits as employees of Valley Medical Center. Benefit information as provided on Valley Medical Center’s website may differ from the information listed below.
RESIDENT BENEFITS SUMMARY FOR 2026-2027 ACADEMIC YEAR
FIRST YEAR RESIDENTS :
- Salary: $74,077.45/year
- Housing Allowance: $7,020.00/year
- Vacation: 19 working days, 9 holidays (7 federal holidays with 2 floating holidays)
- CME: 2 days and $300.00
SECOND YEAR RESIDENTS:
- Salary: $76,384.95/year
- Housing Allowance: $7,020.00/year
- Vacation: 19 working days, 9 holidays (7 federal holidays with 2 floating holidays)
- CME: 5 days and $500.00
THIRD YEAR RESIDENTS:
- Salary: $79,692.45/year
- Housing Allowance: $7,020.00/year
- Vacation: 19 working days, 9 holidays (7 federal holidays with 2 floating holidays)
- CME: 5 days and $1,000.00
RESIDENT LEADERSHIP POSITION:
- Program Lead Stipend: $4,000.00/year
Sick Leave
- 9 1/2 days/year (Unused sick time may be extended into the next academic year)
ADDITIONAL BENEFITS:
CME allowances can be used for the following items: medical education conference registration and travel; medical books, journals and subscriptions; medical apps and software; up to $100 can be used toward the purchase of a new stethoscope. Unused CME benefits do not rollover to next academic year.
Prepaid medical and dental benefits effective on the first day of employment. A flexible benefits program which includes additional medical and dental options. Coverage for dependents may be elected at an extra expense which is shared by the employer. Counseling services are covered through health insurance plans. Flexible Spending accounts available for healthcare and dependent care coverage.
- 403B and 457 voluntary retirement plans (403B VMC will match up to 2% of your contribution)
- Disability Insurance (Short-term and Long-term)
- Malpractice insurance
- Exam fees for Step/Level 3 and ABFM Board certification
- Lab coat and residency jacket
- Free parking at Valley Medical Center and clinic sites
- Meal allowance for on-call rotations in the hospital $167.67-$265.48 (based on number of call shifts per year)
- Licensure cost during all 3 years of residency (WA State License & DEA)
- Family friendly call rooms and resident lounge
- Designated lactation space in hospital and clinic
- Employee Assistance Program
- Paid membership to onsite Fitness Center
- Certification courses (ACLS, PALS, NRP, ALSO)
- VMC Commuter Benefit Program
- Bereavement Leave for qualified family members
If you would like to view a sample copy of the Resident Agreement for the 2026-2027 academic year, or if you have specific benefit related questions, please email Residency Administration at familymedicine@valleymed.org.
**Benefits subject to yearly updates