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General Salary and Benefits

Please Note: Salary and benefits for the Carle Pharmacy Residency Program is independent from this listing.

Salary Information

  • First Year: Salary: $57,621
  • Second Year: Salary: $59,556
  • Third Year: Salary: $61,808
  • Fourth Year: Salary: $64,414
  • Fifth Year: $66,788

Paid Time Off 

20 paid days off with up to 5 conference exam days.

Personal Holiday

Provides additional time off to those eligible for recognition of personal or religious celebrations or observances. 

Parental Leave

Parental leave provides one week, up to 40 hours of paid time, per rolling twelve month period; eligible after one year of service. 

Food Allowance

Amount varies by program.

Education Stipend (subject to change)

Covers textbooks, board review materials, electronics (computer/tablet, software) (subject to payroll tax), medical equipment (stethoscope, loupes), step exams, boards (when paid prior to the end of program).

  • First Year: $1,000
  • Second Year: $1,250
  • All other middle years: $1,500
  • End year: $2,000

Conference Presentation Allowance

Financial assistance for those presenting/speaking at national/regional meetings; amount to be distributed at the discretion of the PD.

Membership/Dues

One membership/dues paid per program (PD discretion), Lab Coats (2 coats per year), certifications.

  • BLS, ACLS/PALS: Paid
  • NRP: Paid as needed
  • ATLS: Paid as needed
  • Resettlement/Expense Stipend

    $1,000 (pre-tax).  

    Health and Dental Plans 

    Residents and eligible family members qualify for health and dental coverage effective the first day of residency. Prescription plan is included with health plan. 

    Life Insurance

    Residents receive term life of $75,000. Supplemental and dependent life insurance is available for purchase. 

    Voluntary Benefits

    Various voluntary benefits are available for purchase. Some include: Critical Illness insurance, Accident insurance, Legal Services, and Short-Term Disability. 

    Retirement Benefits

    All residents are eligible to enroll and contribute to a 403(b) plan. 

    Disability

    Disability provided through contract as a salary guarantee through end of the contract year. 

    Malpractice Insurance

    Provided, includes tail insurance 

    Miscellaneous

    • J1Visa holders receive reimbursement for visa fees
    • Faculty Position at the Carle Illinois College of Medicine and University of Illinois College of Medicine – Urbana/Champaign
    • Carle Fitness Center 24 hour access at no cost
    • Free parking provided
    • On-call quarters provided
    • Daycare available on-site at The Caring Place

    Discounts

      Carle Optical: 50%
    • Hospital Cafeteria: 30%
    • Carle Medical Supply: 15%
      The Caring Place Daycare: 10%