Ochsner offers a competitive base salary commensurate with the subspecialty nature of this position. Specific compensation figures are provided during the recruitment process, but the package is designed to reflect the complexity of the work and the program's standing as the premier pediatric cardiac program in Louisiana. A sign-on bonus is included, along with a $6,000 relocation allowance to help cover your move to New Orleans.
Beyond base compensation, the benefits structure is straightforward and comprehensive. Time away from work is protected with 20 days of PTO and 10 dedicated CME days, supported by a $2,000 annual CME allowance to keep your education current without pulling from your own pocket. Malpractice insurance and tail coverage are provided, removing one of the more significant financial exposures physicians in high-acuity specialties carry.
The retirement package uses a multi-vehicle structure that gives you real flexibility in how you build long-term financial security:
As a not-for-profit employer, Ochsner also qualifies for Public Service Loan Forgiveness (PSLF), which can represent meaningful value for physicians carrying federal student loan balances. After 10 years of qualifying payments while working for an eligible employer, the remaining balance is forgiven. For a physician earlier in their career, this benefit alone can be worth six figures in forgiven debt.
Practicing in New Orleans also works in your financial favor. Louisiana's cost of living, particularly compared to major coastal markets, means your compensation goes further here than it would in many other cities where a program of this caliber might exist.