Stipend and Benefits

You are responsible for your living accommodations and moving expenses.

Vacation, holiday and sick leave 

Residents are allotted paid time off for personal vacation (including professional interviews), holidays and sick leave. Mayo Clinic Health System recognizes six major holidays each year: New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day. 

Professional travel 

During your residency, you will have the opportunity to attend professional meetings for the purpose of networking, professional development and service to the profession. Funding for travel-related expenses is provided by the residency program. 

Residents are required to attend the American Society of Health-System Pharmacists (ASHP) Midyear Clinical Meeting, the Minnesota Society of Health-System Pharmacists (MSHP) Midyear Clinical Meeting, and the Midwest Pharmacy Residents Conference. Additional meetings are based on the discretion of the residency program and available funds. 

Library and informatics resources 

Residents have privileges at Mayo Clinic's many libraries. At-home and on-site access to nearly 4,100 electronic journals and more than 540 electronic books is provided free of charge. The libraries offer a variety of classes, including many online classes, to help you learn how to use the large number of resources. 

Health insurance 

Residents are eligible for an excellent benefit package that includes medical and prescription coverage as well as a dental and vision reimbursement account or dental insurance. 

Medical plan premiums for employee, employee plus a child or children, employee plus spouse, and family are competitively priced and selected by the resident during orientation. Prescription drug coverage varies based on the medical plan chosen. 

Flexible spending accounts 

A flexible spending account allows you to specify a contribution amount to be deducted from your paycheck on a pretax basis. When you incur eligible expenses for yourself or an eligible dependent, you submit a claim form to be reimbursed from your account. 

All residents are eligible to utilize a health care flexible spending account and a dependent care flexible spending account.