Contract & Benefits

Physician Recruitment Process and Compensation Overview

This position pays a guaranteed salary with no production targets or RVU requirements. Your pay reflects a shift-based schedule, and the OHSU benefits package adds significant value on top of base salary, especially in retirement.

Compensation Snapshot

Component Amount
Base Salary (1.0 FTE) $583,610
Sign-On Bonus $35,000
Relocation $20,000
First-Year Total Before Benefits $638,610

The base salary reflects an 8.7% increase over the previous starting salary for this role.

Salary is guaranteed from day one, with no partnership track or buy-in.

Salary and time off are prorated for positions at 0.75 FTE and above.

Additional Earning Options

Extra shifts: Pick up additional shifts, paid at a rate based on your salary.

Shift trades: Swap shifts with colleagues to fit your schedule.

Outside work: Outside professional work is permitted with approval.

Retirement

OHSU offers a choice between two retirement plans. The University Pension Plan is the default, and OHSU funds it with no employee contribution required.

Feature 401(a) University Pension Plan with 403(b) Match Oregon Public Service Retirement Plan (OPSRP)
Plan Type Defined contribution Hybrid pension and individual account
OHSU Contribution 6% of salary, with no employee contribution required OHSU funds a lifetime pension benefit
Employee Contribution Optional 6% pre-tax to an individual account
Vesting 401(a) vests after 3 years or at age 50 Individual account vests immediately; pension vests after 5 years or at age 65
Contributions Begin After 3 full months of employment After 6 full months of employment

403(b) employer match (for physicians enrolled in the University Pension Plan, vested immediately):

Years of Service OHSU Match
At enrollment 25% of your contribution, up to 1.5% of salary
After 3 years 50% of your contribution, up to 3.0% of salary
After 5 years 75% of your contribution, up to 4.5% of salary
After 7 years 100% of your contribution, up to 6.0% of salary

With a 6% 403(b) contribution after seven years, OHSU's combined contribution reaches 12% of salary. You can also save through 457(b) and Roth 457(b) plans.

Time Off

Benefit Details
Paid Time Off 208 hours per year (full-time)
Extended Illness Bank 64 hours per year
Paid Holidays 10 per year
Paid Parental Leave 3 weeks at full pay after one year of service

Your PTO is scheduled within the group's six-month blocks, and vacation requests are scheduled before anything else.

Professional Development

  • $7,000 annual CME allowance
  • Protected conference time for CME activities
  • Annual department education and equipment fund, separate from CME
  • Education assistance for undergraduate and graduate coursework

Insurance and Health Benefits

  • Medical, dental, and vision coverage starting the first of the month after hire
  • Choice of three dental plans and three vision plans
  • High-deductible medical plan option with an OHSU-funded Health Savings Account ($500 per year individual, $1,000 per year family)
  • Malpractice coverage provided
  • $50,000 term life insurance at no cost
  • Optional short- and long-term disability, supplemental life, and accident coverage
  • Flexible spending accounts for health care and dependent care

Additional Benefits

  • Home reading workstation provided
  • Student loan counseling through Fiducius, including Public Service Loan Forgiveness guidance
  • Employee Assistance Program for you and your family
  • Discounted TriMet and C-TRAN transit passes

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