Salary and Benefits

Our compensation package is structured to rank in the top tier of Texas programs.

An added benefit is that Waco enjoys a cost-of-living index well below the national average with many affordable housing options in reach, including home ownership.

Additional benefits include:

  • Employer-covered, personal health insurance (100%)
  • Employer-sponsored, shared dependent health insurance (50%)
  • Dental insurance
  • Cafeteria plan, flexible spending accounts (FSA) – health, dependent care, and premium expenses
  • Life and disability insurance – life insurance for 2x annual salary, 4x annual salary for accidental death; disability insurance for 60% of income
  • Workers compensation insurance
  • Malpractice insurance – Federal Tort Claims Act (FTCA) coverage
  • 403(b) retirement plan
  • Certifications: ACLS, NRP, PALS, ALSO, Nexplanon
  • Texas medical license reimbursement – prorated
  • UpToDate – institutional subscription
  • Meals – free conference meals, free hospital meals, on-call meal vouchers
  • Free parking
  • Dues – AAFP, TMA
  • Lab coats and scrubs

*Moving, cell, and laptop allowances apply to residents and fellows new to WFM.


CME, books, medical equipment$600$1,100$1,100$1,100
Moving allowance*$2,500$2,500
Cell phone/accessory allowance*$500$200
Personal laptop allowance*$800$300

Vacation, time off

Vacation15 weekdays15 weekdays15 weekdays15 weekdays
CMEBundled with vacation1 week1 week1 week
Sick days10 days10 days10 days10 days


Numerous moonlighting opportunities exist, ranging from our internal acute care clinic to rural emergency rooms.

All moonlighting is coordinated by a designated PGY3 Moonlighting Coordinator.

@ 2024 Waco Family Medicine Residency