Salaries and Benefits


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


2013 Resident Salaries

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


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 who are 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 of home ownership.


Relocation Subsidy

For relocation to Santa Barbara, there is a $2,000 loan available to incoming residents.  This loan is forgiven at the end of the resident’s first year of residency at Santa Barbara Cottage Hospital.


Medical and Dental

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 premium paid by the resident. Worker’s Compensation Insurance premiums are paid by the hospital.


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 includes 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.


Meal Allotment

A monthly meal allotment is provided for each resident.



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


White Coats/Scrubs

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


Conference Stipend

First and second-year residents are allotted time (in addition to their usual vacation time) and are provided a stipend up to $1,250 to attend one major conference per year.  Residents in their third year of residency attend AIRP in Silver Spring, MD. An allowance for registration, airfare, lodging and meals is paid for by the hospital.