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Home  » About Us  » Education  » Pharmacy Residency Programs  » General Information

Salary and Benefits
Related Sites
American Society of Health-System Pharmacists

During the interview process, applicants are encouraged to ask questions about the available benefits. At the beginning of each residency year, an orientation session is conducted during which a detailed explanation of all benefits is provided.

Salary
For the 2007 - 2008 calendar year, salary was $38,960 per year for first-year residents and $42,848 per year for second-year residents. Salary can change from year-to-year. Get the most current information from an orientation session.

Medical Insurance
Single or family coverage for medical care of residents and their families is provided by Methodist Healthcare for a small monthly fee.

Life and Disability Insurance
Residents receive insurance benefits of life insurance at 1.5 times annual salary. Additional life and disability insurance can be purchased by the resident at the beginning of the program.

Holidays, Vacation days, and Sick Leave
The resident may use up to 23 days off yearly (10 vacation, 4 sick, and 9 holidays). Unused days will be compensated at the end of the year. PTO days are not used for professional leave (meetings and interviews). Professional leave days are available for this purpose.

Support to attend professional meetings
Residents will receive limited travel support to attend the ASHP Midyear Clinical Meeting in December and to a regional residency conference in the Spring. Other support may be available upon request or need. 

Professional Liability Insurance
Methodist provides professional insurance to residents while they are acting within the scope of their professional duties in the residency program.

 
Posted: January 4, 2008
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  Methodist Healthcare is an integrated health care delivery system, dedicated to the art of healing through our faith-based commitment to minister to the whole person. 1211 Union Avenue, Memphis, Tennessee 38104 • (901) 516-7000