Salaries & Benefits


In addition to living in "The American Riviera," there are many benefits to working at Cottage:

• Salaries

• On-Call Meals

• Conference Stipend • Parking

• Disability Insurance

• PDAs
• Malpractice Insurance • White Coats / Scrubs

• Medical and Dental

• Winter Holiday Break
• Mortgage Assistance Program  


2013 Resident Salaries

R1: $ 57,062 R4: $ 68,319
R2: $ 61,087 R5: $ 71,457
R3: $ 65,617  

Conference Stipend

It is our philosophy that attendance by residents at national or regional conferences fosters the educational development of the resident and his or her cohorts. Second- and third-year residents are therefore allotted time (in addition to their usual vacation time) and are provided a stipend up to $1250.00 to attend one major conference per year.


Disability Insurance

Long-term disability insurance is provided by the hospital, without cost to the resident.


Malpractice Insurance

Santa Barbara Cottage Hospital's Insurance Program provides Professional Liability Coverage for all trainees in the hospital's Graduate Medical Education Program. The hospital's insurance program includes modified occurrence coverage for acts or omissions which fall within the scope of the education program. The hospital is self-insured for the first tier of coverage, and has an outside insurer for more substantial claims.


The physician's coverage carries a "built-in" tail coverage for up to seven years following the hospital's departure from its current insurer, should the hospital change insurers. Thus, all physician claims reported or filed after the resident's completion of the Graduate Medical Education Program would be covered. The coverage afforded to the physicians is consistent with the coverage provided to the hospital itself.


Medical and Dental Coverage

Dental and hospitalization insurance is provided without cost to each resident, effective the day training begins. Additional coverage for families may be obtained for a small additional premium paid by the resident. In case of illness, any inpatient account at Santa Barbara Cottage Hospital for residents or their immediate families which is not reimbursed by insurance, will be absorbed by the hospital. Worker's Compensation Insurance premiums are paid by the hospital.


Mortgage Assistance Program

All residents are eligible to participate in the Cottage Health System Mortgage Assistance Program. This program provides loans equivalent to second mortgages to employees purchasing a home and otherwise eligible for a first mortgage from a financial institution. This second loan essentially provides for a down payment of up to $75,000, allowing many employees the opportunity to enter the realm of home ownership.


On-Call Meals

Meals tickets are furnished for use when the resident is on call. Meals are otherwise not included as part of the resident's remuneration.



Parking is provided at no charge to all residents. The hospital has a parking structure located just across from the hospital.



The program provides individual PDAs to each resident.


White Coats / Scrubs

White coats and scrubs are provided to each resident without charge. Laundering is provided.


Winter Holiday Time Off

The residents receive five additional days off for either Christmas or New Year’s holiday.