Cooper University Health Care aims to provide competitive compensation to all its team members, including its residents and fellows. We conduct an annual compensation review of our regional academic peers at the end of each calendar year. Any adjustments that result from our annual review are implemented by the end of the first quarter in the following year.
The updated GME salaries maintain Cooper’s compensation at each PGY level at the 50th percentile in this peer group.
The impact of the new salaries will take effect March 23, 2025, and will appear in paychecks April 11, 2025.
Additional house staff benefits include:
- Educational reimbursement of up to $1500 annually
- Reimbursement of USMLE/COMLEX Step 3 worth $925
- Mobile phone reimbursement of up to $480 annually
- Free hospital parking worth $350 annually
- Discounted gym memberships at the Kroc center
- Inclusion in Cooper’s 403b retirement plan match as of July 1, 2025
- Basic: For trainees who work at least 1,000 hours during the year and are still employed on December 31, Cooper contributes 1% of base pay (subject to the IRS compensation limit) to their defined contribution retirement plan account after the end of each year.
- Match (new): Cooper will contribute to trainees’ Defined Contribution Retirement Plan account equal to 50% of the first 5% of their base pay they defer (subject to the IRS compensation limit) in the 403 (b) plan. These contributions are made regularly throughout the year.
GME Compensation, effective March 23, 2025*
| PGY-1 | $70,042 |
| PGY-2 | $72,778 |
| PGY-3 | $75,751 |
| PGY-4 | $79,182 |
| PGY-5 | $82,312 |
| PGY-6 | $85,714 |
| PGY-7 | $90,012 |
| PGY-8 | $92,952 |
*In addition:
- Starting March 23, all trainees will begin to receive a new annual $2,200 housing stipend.
- All trainees receive an annual $1,380 meal stipend.
- In the last few years, all Cooper team members received an additional end-of-year bonus.