Highest big pharma salary reddit. Big Pharma (cell based vaccines) Manufacturing Associate 1.

Highest big pharma salary reddit Co B (big pharma, northeast) has a position where I would enter FT as a salaried employee. I am not sure how big pharma salaries care with small biotech, but I have a friend with a BS and 3-4 years of experience who is getting numerous offers around 100k in the Boston area because he has skills in flow cytometry and experience with crispr technologies. Public startups might have a decent stock program, but values may swing wildly. The salary is terrible and zero benefit. One level down is surely around 200k and would involve direct PM work. For example, in 2-3 years, I want to be leading a small team of research associates developing bioassays. Pretty good. A couple of months ago another company recruited me and started me at $95k base. It’s also important to know when to hold/move. Top 7% Rank by size . Starting salary 4ish years ago was $77K, I'm a hair under 100K now, all before bonuses. Thank you. was a director at company A and then gets hired at company B as VP). 5 years and counting) I live in the NYC/NJ area which is VHCOL. I have 7 years of VP Sales/Operations experience (but as a small secondary we had around 80 employees and did around $120m/annually which is nothing compared to one of the big companies). I made the move from London on ~£40k when I first finished my PhD, to California with a salary of $120k. I'm a chemical engineer living in Boston and I'm familiar the biotech/pharma industry in the area. Started on 33k and ended on 50k in production. I am a senior scientist in academia. have and lots more go down a big salary route like big 14 votes, 36 comments. Big Pharma Legal Jobs . Update: thanks everyone for your great feedback, I want to quickly summarize the numbers I have thus far. 5 year - derm small company 230k with 3 years derm msl + 1 year onco msl- small pharma derm/rheum 185k 3 yr msl - neuro big pharma At this point, I'm near the top of the current salary band for my current company (biotech startup) but every company does things differently, so I'm learning it's hard to compare! ETA: my last company (still small biotech) where I got promoted didn't have the best comp approaches and had a horrendous annual review policy. I know people who joined well funded startups at VP level and made the numbers being listed here. The other friend is applying for Upstream PD Principal Scientist (Big Pharma in San Diego) and Associate Director (Public/IPO in Woburn, MA) so what base salary (180-200k) or total compensation should be negotiated. Those jobs are basically "incumbent jobs". 5 writing I work in Pharma and have an Associates in Biotechnology. I'm aware that I am lower level in pharma, so I realize if I do not land this role and continue looking for a switch, I could end up contracting again for another year or so. Biotech starting salary is typically between 55K-65K (not the salary you went into chemical engineering for). Insider got exclusive MyLogIQ data identifying biopharmas with the top median employee compensation. EMWA 2021 Salary Survey . Or was last time I looked a few years ago. If a biotech dissolves (asset fails, lacks funding, gets acquired, etc. Almost 5 YOE. I don't know if there's a confusion on what the role means, but I'm referring to the first FTE role in industry with a PhD. I graduated from a great state school in 2022, but lacking direction and drive at the time, I landed as a manufacturing associate at a big name pharma. Of course, our directors usually manage many fewer people than 10-20. Total lifetime earnings will almost unanimously be lower. Definitely the director role at a big pharma company. Very few PhDs go into science in the UK and tend to move to consulting or sales. You get superintendent getting paid 10x-15x your teacher for MAYBE 3x the work, if that at all. That’s still someone what comparable to a fed making $150-160k that’s getting another $10k+ per year in added pension, plus bonuses (which are smaller though). For reference, I joined pharma 12 years ago making 106k. Had a previous big employer, that you have definitely heard of, I was always told not to worry about whether I was a scientist or a senior scientist (by scientists), because the salary differential is not that big, only $10,000 or so per year. com Apr 29, 2024 · Bourla received a salary of $1. Can anyone tell me if experience in a contract position help in future. If you look at the top salary ceiling fields, chemical engineering is not there. Usually you start at 10%. Ive switched from CRO to Big Pharma to now even bigger Pharma and it‘s crazy how slow things get, the bigger the companies get - even in Clinical Research. Pay at a CDMO is fucking low. Pharma offers 10% more salary, and roles in both companies same - business analyst Pfizer(pharma) - regular schedule, 5/2, 8 hours a day Chevron(Oil) - contractor position, 12 hours a day whole month without weekends, but then you get month off. Maybe consider that move if you want to up your work-life balance one day. 1%. Getting contributions towards a pension I always find it so crazy seeing the comparable salaries in the US. As a contract CRA, killing yourself and working multiple contracts and traveling constantly you’ll top out at about $300k. Be careful though, and do not go overboard. I’ve been working at a university and a faculty of pharmacy for nearly 4 years now. Starting point is a ton of equity. One level above me, 325k would probably be a standard year. Definitely possible to get up $300-400k after 10 years. I make a very good salary but I am over 15k below the average base pay PhD bioinformatics scientist for my location. Source: EU-based regulatory affairs compensation. CPG has very competitive salaries for assistant/associate brand managers, especially considering what low COL areas they’re typically located in. You will need to be much more specific on this, not all reddit lives where you live or work in the same exact industry. My offer is for a manager position out of school at $105k. 9/10 of the time companies prefer hiring someone known with a slightly less impressive cv over an unknown. I have a PhD plus 5 years of Postdoctoral and 1 year of industrial experience. you should get a bigger bump on LTI and bonus as pct salary vs lower grades. PhDs in biostats start ~$150-200k in big pharma. Big Pharma's 10 highest-paid CEOs of 2023 100-300x median salary. I know there's a lot of info on here about people's salaries in biostat but, I was just curious what people's salaries were… At lower grades UK tends to be like 2/3 US after foreign exchange rate. Colloquially, though, a "Scientist" is titled for someone with a PhD. Jobs, Saturation and Salary So, I kind of fell into my Posted by u/gwil609 - 3 votes and 6 comments After a year of working for a CRC, tanking my salary, and finding applying to HUNDREDS of jobs. BS engineers can find jobs at pharma manufacturing firms, but not sure you'd be getting the research/discovery engagement that you are seeing in your research work now. The starting salary for scientist is 130k and my company. 70k-80k max for a PhD. I work in pharma and salaries are quite a big secret but from what I could still hear: 120-130 seems about right for an experienced employee with some projects responsibilities. Here, we rank the top See full list on indeed. It's not Boston or another HCOL but you'd be surprised at how expensive it can still be in the Midwest. 258 votes, 54 comments. In my experience at smaller biotech (80-150 employees) vs big pharma, there can definitely be a bigger workload or at least equivalent but I've never actually felt as burnt out because smaller companies tend to have a culture that's more understanding when things need to be done differently to accommodate things like mental health, burnout, and time off. I have heard some making $150k as 2nd year RA but I want some confirmation I guess as to the pay ladder of RAs from Residency ($55k) to RA associate then to manager. At lower salary level you are gifted $3. I believe this will be a huge boost on my CV and can open many doors. BigPharma could describe Pfizer, Bristol Myer Squibb, or any other pharmaceutical firm. 9 gpa masters in public health 312 gre, 3. PhD will take you 5-7 years and you can make medium range in academia. Each year the salary/bonus has fallen within the ranges listed above for their respective title. Not unsurprising if you've been at 1 big pharma company for that entire time and were getting internal promotions. reReddit: Top I don't know anyone making less than $100k after a two year fellowship, certainly nowhere near $80k. CRO: Lower barrier to hiring, lower salary than Big Pharma (usually) but higher than government, decent job security, not as much ownership over the work, less creative freedom, work-life-balance can be kind of crappy. Over time I tried involving myself in all R&D processes, whether small or big. The only exception being I did manage to get equity and manager level. ~95k base with 11% bonus. Averaging like 4k in RSUs each year. 5% each year after 5 years and it takes your highest salary making year at lilly. Unless you’re incredibly lucky in biotech or big pharma or just super brilliant or hardworking and make it to a VP or director role, you will never earn a similar salary to a physician. Was wondering if anyone from the NJ/NY area has insight into the best biotech companies in terms of culture/work-life balance… What jobs out there have the highest comp potential while working 50 hours or less? I’m in big pharma and it’s definitely what I mention above, 50-60 hrs at in Big Pharma - have been at a few of the big companies on the east coast across a few Fx areas Comp won’t vary too much; Work/Life depends on the group more than the company IMO - Big Pharma is generally pretty chill; Don’t think the MPH adds a ton of extra value - have only found terminal degrees to be incrementally worth it over the MBA Welcome to r/neurology home of science-based neurology for physicians, neuroscientists, and fans of neurology. I work for big Pharma, but not Oncology. It's honestly tough because I never had any experience in pharma prior to this, I struggled to even find a job because they wanted to see more experience. So, with significant equity, if the startup goes public, or even if it gets bought out, you can really make a killing. In big pharma at least, top jobs require a bunch of different types of roles as background. Being able to quote six figures for a starting salary in the US makes it seem so much Other than healthcare consulting, what are some typical jobs landed by MBA grads from top, healthcare-focused programs (think Fuqua HSM, Wharton HCM, Cornell MBA/MPH, etc). Its funny, I've been in big pharma for 5 years and have had 3 titles. All initial interviews went well (at least from what I could tell) but still ended up with the same generic rejection email. Even higher than comp sci. it's probably director level position in a big sillicon valley corpo. Public Big Pharma; Oncology 30 votes, 34 comments. Good luck! BLS. OP is a Principal Scientist in big pharma - a role usually held by PhD's with minimum 5-7 years of experience - with no PhD. In the last 6 months we have had an influx of people from big pharma companies all un-happy. Hi guys, i want to ask about salary expectation. I know we equalized our starting MSL salaries across the board in 2021, so regardless of TA, an MSL with no experience and maybe 2-3 yrs of professional experience elsewhere would start 150-160. Big Pharma does pay more on average, with base salary and RSU Do you think I have a shot at a top 30 mba program and can enter big pharma post mba? My stats: 3. In big pharma these jobs are high turnover and there will always be postings. It also depends on the type of company it is. You can also ask HR about this. And while CEOs often catch the limelight for their multimillion-dollar paychecks, it is every diligent worker that forms a company—and some of them also get paid handsomely. The actual base salary on its own might be lower. Hi all, if they’re working at big pharma, there’s Highest salary? Senior management at big pharma, either science or business tracks can get you there, but it’ll take a long time. It’s not a procedural specialty, so why… My company (big pharma) pays exactly this for the senior scientist position in a mcol area. Otherwise, big law, doctor, big tech, finance etc is the way to 300k+ per year. Distasteful salaries with salary structures built like a MLM. He's more interested in management level positions at these companies and maybe marketing. I now have successfully was hired into a consultant position for patient market access. I’m at a big pharma and found out today that a colleague (who has the highest rating generally of far exceeding expectations) got the 60 day period. Highest net worth? Start a company and succeed. And depends on the industry, high salaries usually in biotech/pharma. Which one will lead to better career development? Thanks for your comments. There’s big pharma paying a median of around $150-160k. Your exact mix of base salary, bonus, and LTI varies by level. 24 hourly or $52k annually Shooting for a promotion this summer. If you get into a good biotech or pharma company, you can expect to advance and increase your earnings. A fully tenured ChE professor at a top school can make that much, but that's going to be a decade or more of work to get that high as well. Totally possible but like everything, it depends. Small biotech is a very different experience, there’s so few people that everyone knows each other and it’s easier to learn about other jobs and meet new people. At some places (usually big pharma), a "Scientist" is someone is bench-focused and without an advanced degree. If you're doing an associate scientist or lab tech expect around 50k at a chemical company (not pharma or biotech). curious about Big pharma I have an MLS BS degree and want to go into pharma full time, i have 2 years of experience in a hospital laboratory and now a contract in a big pharma company as a scientist, what’s the best position to go into to remain in the pharma /biotech industry, preferably hybrid role? Just working on the floor of a pharma company as a tech I get $38 an hour and don’t really do much unless something breaks lol I'm in Pharma in an embedded role that's a mix of engineering "make new stuff and develop solutions/testplans to fix old stuff" and technician "put out the fires", and while I could probably be making more this is one of the cushier jobs I've had. Finally I got a permanent salaried job in 2016, making $75k, and had a little more salary growth since then. Get the Reddit app Scan this QR code to download the app now Pharmacist salaries in big pharma companies . Big pharma jobs have a LOT of meetings, and these interviews are as much about your behavior as the content of the discussions. 55 or $59k annually! Cant complain lol However, this really only applies to very senior and experienced members who get hired at the very early stages. I work in big pharma and our PM directors probably make $250k+, but I guess they’re more leading a team of PMs on a program. I work as a med chemist at a big pharma in the NJ/PA area, masters in organic chem. I know others who have up to 20% those are usually directors. You can ask around but I would first be sure that your salaries are within the range for your position. Promoted twice so far. A little bit about me: I graduated in 2020. 4 undergrad gpa bachelors of science general biology from uc San Diego 3. Reply reply Add an extra 0. I know the bonii get real good for the exec director/vp-level people, but those jobs are tough to get. Much easier said than done, but if you can pull it off you’ll make mega millions. I’m feeling a little bummed about my decision. Started working in Pharma at 18 with no college experience. News about any technological application that uses biological systems, living… The other one is a two year contractor position from a big Pharma, working on big project (normally 6 months project) and lead some research projects. Location NJ, big pharma. Big Pharma (cell based vaccines) Manufacturing Associate 1. VP not so high as to break this trend on the salary I think. Attend a good program and you’ll be fine. They started after their PhD at 80k, but after a few years they are now doing 100k+. First thing I would do, make a career plan. Started with my bachelor’s in biological engineering then got a Master’s part-time paid for by work (no bearing on salary). My classmate went to a big pharma company gets around 130-40k salary, signing bonus and then annual performance bonus and stock. RAPS 2022 Salary Survey. View community ranking In the Top 1% of largest communities on Reddit. And this year I’m on track for a promotion which will give me another 40k in compensation. there are these companies that got 100mill series B funding and just need to spend the cash i e huge salaries Hi everyone! I'm 1 year in in a Postdoc in big pharma. All in the Greater Boston area, HCOL. This is in Florida. It’s also very high stress. Jun 1, 2022 · Twenty-one drug companies reported median employee pay of over $350,000 in 2021. So i would say your list is pretty spot on. I have also checked the RAPS data sheet which doesn't seem remotely accurate for big pharma. All the school district workers hoard the money in their comfortable AC and ventilated offices while any educator or any role associated with education gets thrown under the bus. Thank you for the comments and letting me know the salary range. I think big pharma executives can easily switch to biotech if they want to, but almost impossible for general consulting, unless only biopharma consulting. Sounds like youre bored and want to grow. I have a PhD and a completed postdoc, plus 2+ years of industry experience. I also know people who were cofounders (out of top universities in a biotech hub) who did not draw a salary for years or months at a time. Before year end they gave me a $10k raise in salary. Then took on lots of big projects. Usually, those in manufacturing/lab positions are laid off before any MDs are. Median income of employees: €69,500 (€90,000 for 15+ years experience). I hear the quality of life is sweet. Topics include multiple sclerosis, seizures/epilepsy, stroke, peripheral neurology, anatomy of the brain and nerves, parkinson's disease, huntington's disease, syncope, medical treatments, ALS, carpal tunnel syndrome, vertigo, migraines, cluster headaches, and more. I'd start looking around at other options. I'd like to get an FTE role in another big pharma, since my current job is on contract and doesn't provide any benefits. You can't just do marketing and work your way to the top of the marketing tree. Promotions raise base salary a little (10~15%) while bonus and LTI can go up significantly. Reddit . Currently, I'm exploring other positions. Also biotech and pharma jobs tend to be in HCOL and VHCOL places. Base salary is 130k +10% bonus+stock option and I guess my salary is a bit lower than other colleague since I am living LCOL area and working remotely. Company: Big pharma Tenure: 2023-present (1. What kinda salary range I should expect for a senior role position in Basel or Zurich? Glassdor information is often confusing. I saw on some other threads that private practice heme onc can make upwards of 500k. yea i have to echo this. You'll get more money in big Pharma compared to biotech. Strangely they always say when I worked at "insert big pharma name here" we did it this way. Last year I made 300k TC. My main understanding is that many of them are to large insurers or medical device companies, presumably in LDP or maybe Sr Manager - Director level roles? 265 votes, 47 comments. I'm based in Ireland which is always termed a pharma hub (although very little R&D) and the starting salary for a PhD process chemist is €50k in a big company like Lilly, Pfizer or Thermo. There are like +500 pharma/biotech companies in 2 miles around Cambridge and that doesn't even include all of the ones in the commuting suburbs (Billerica, Waltham, Framingham, Watertown, etc); people job hop ALL the time in the area. Polish up on your interview skills, focus on your GMP and HPLC experience, follow up and thank them after interviews. Quick question. 5k? Or $5k in stocks each year. I have not yet discussed salary here. Big pharma companies are always hiring and you may be able to apply for a different department but have a huge advantage cause you have someone to vouch for you. You will be able to make more money at Big Pharma. The jobs vary quite a bit. From my experience you can go to Big Pharma if you care about making more money, working in corporate world that focuses on their products heavily. My first job in 2010 was $16 an hour w a bachelor's as a lab tech lol. 8 million and $18 million in annual LTI awards, along with a change in pension value and other compensation. Be persistent and it will happen. The salary between the two offers (CRO: base salary plus bonus vs Big Pharma: base salary only) is very similar. ), they more than likely receive a severance. I love the world of pharmacy! As a top-tier university, I work with external partners (Pharma companies & retailers) & their recruiters to set up programs for them fresh talent from our university, and help them promote their companies/careers to our students. If the salary feels low and you have salary data for your area and experience level, then go ahead and ask for more. I am also in big pharma and I know two people who got their bases increased by 6-7% because they were underpaid for their positions. What would be the usual base salary expectations as well as the percentage of boni? Also, what other benefits do big pharma companies usually provide in switzerland 281 votes, 122 comments. I find it short-sighted, but it has been the trend for the last 2 decades. He's worked with me for a few years now so he also has R&D experience but wants to launch into management or marketing (more focused on Sales). A big name on the resume opens a lot of doors. I started off as a temp for $11/hour, then after 8 mobths got hired on at $22/hour, after about 2 years I make $30/hour. Get app Get the Reddit app Log In Log in to Reddit. I know I saw one 2 months ago that was paying $226K/yr, plus a 19% performance bonus. Sometimes even less. Work some overnight shifts and make the chemo batch for the day. Well, the Regulatory Affairs Professionals Society (RAPS) does a regular survey to ask about things like compensation. Understand that to make a million a year as a computer scientist you must be top . That CEO salary ratio of 132:1 Royalty Pharma has is just disgusting. L/M-COL. How possible depends on how much Posted by u/Lower_Intention_9470 - 6 votes and 3 comments Posted by u/Top-Psychology2410 - 12 votes and 13 comments Regarding benefits, both my startups covered 100% of medical/dental/vision insurance whereas I have to buy into my big pharma insurance plans. My company underpays you for salary (Sr. I have been in the industry for 18 years and am a hospital account rep, so it’s much more. 8 million. All the I think there are companies that just do salary, and those where the compensation is set up differently. No schooling doesn't count. The difference in COL is not really that big. Add in a 20% bonus and that’s $180-200. Having said all that, a job that keeps your interest is makes your life far more bearable than a job where you are bored before you even get there, or one that you dread going back to even as you leave for the Got into specialty pharma sales last year with no prior pharma experience, started at $60k salary and did about $36k in commission. One more thing, big pharma companies look down upon CDMOs. 120kUSD +12% bonus, 8% match 401k, 300RSU/yr redeemable after 5 years. 150-190 would be more advanced position like a manager for exemple. I got my start at one of the big names, and my peers were constantly being recruited for a variety of industries at much higher pay/title. Without extreme outlier success? I am contemplating R&D positions in bigger companies. We get annual raises, usually exceeding inflation (all bets are off with last year's inflation though), promotions come with raises and higher bonuses too. Especially considering they only have 66 employees, which means that the CEO makes twice what the entirety of the staff does Reply reply Higher than retail, probably on par with managed care pharmacists but less than big pharma jobs. Source: was in big generic for 12 years. 5yrs ago, after finishing my post-doc. I have another offer of a team leader from a start up. g. From Glassdoor data, it looks like the base salaries in those companies are not that different from startups. I will have interviews in coming weeks for few Pharma and Biotech companies. The cost of living makes a big difference (lots of guys making $150k+ are in HCOL areas) but that seems a bit low. Two of them work in a big R&D , there is more competitivity, higher salary, but more stressful environnement . It was contract work, so after a year I hopped to a smaller pharma as a QC micro analyst. I am hoping for someone to give me an idea of what to ask for in my expectations. The most junior people on my team mostly get base salary while their bonuses targets are 8% and LTI are 2% of base. Agreed, I just overvalued myself to my #1 and afraid it may have knocked me down from "top applicant". Median income by country: highest in in Switzerland (€138,000, n=26), France (€69,500, n=27), and Sweden (€61,220, n=16) but I totally get you with guys having 180k. The vast majority of these jobs that pay that much are VP/Director level jobs where people get moved up into the position, or its hired out to someone that was really moving up in the world with some desired qualifications (e. So you may have a really hard time transitioning to a big pharma later on. It is however one of the highest paying majors you can study as a bachelors. I worked at a crappy academic lab for two years $32k, then two two-year contract jobs $45k and $70k. Big pharma has huge opportunities for advancement, particularly if they view you as top talent. For example R&D positions in big pharma (Novartis, Pfizer, Sanofi, BMS, Merck, Vertex, etc) or larger biotech companies in the Boston area. I have looked through the salary thread, and most of the positions are based in US. , CDISC) as one of the main tasks is to distribute work to inhouse and CRO and be the statistical support in strategic cosniderations. and wasn’t even given the chance to look for a new role within the company. 66 votes, 23 comments. The highest paid person that isn't a supervisor in my department has a degree in Industrial Pharmaceutical Technology, not sure how long that took. It’s kind of sad and I wish there was a bigger investment in biotech there or at least a fair salary ladder. More posts Some base salaries in the last 2 years (new job offers, not factoring in merit raises) 250k 5-6 yr msl experience - onco large pharma 220k - 2 year msl - onco biotech 215k 2. Bonus and stock. So just like I worked 5h a day when I worked for a mid-size pharma, and I think it is not uncommon in big pharma - people are slow. A job at a bigger Pharma will pay more for sure. Worked in production for 3 years while doing a level 7 CPD course. Fingers crossed, wish me luck! 8% bonus Edit: I got my promotion to MA 2!!! Now making $28. Hi everyone! I wanted to get some input regarding how to grow your career in pharma with a PharmD degree. Big Pharma will tend to have a more stable program, so you’ll know much much you’ll make from stocks every year. Highest degree: Bachelors Salary: 98k base, 4 Worked at Novartis Gene Therapies, so salaries may be different. Big Pharma: Faster pace, more up-to-date technology, higher salary. But if you are good at what you do and can climb the corporate ladder. I was at a top 5 pharma in Comms and 8 out of 10 of my team was women and all my mgrs, mgrs’ mgr, etc all the up to the CMO were also women! It was the best Reply reply This is especially the case for the bigger pharma positions: very often big pharma positions require strong and top-level familiarity with typical deliveries, processes, regulations and standards (e. It seems a little absurd to… What are some top level MBAs (non-M7) that are good at placing in pharma and biotech. Starting salary I think is around $80k - my friend is a manager at one of the big companies and that’s what they start out at, with no previous experience. Might be dependent on the company, for exemple a Senior Scientist at Roche is not the same job as a Senior Scientist at Novartis. Over $500k in tech would be L6/E6 SWE which is like 10% of SWE at top tier companies. wow I went 31k > 34k > 39k > 48k > 52k and started at big pharma (contractor) to academia and now to a CRO. Top posts of March 16, 2021. Site also had a gym. Work in manufacturing for a big pharma in the midwest. Startups are also less likely to match 401k, which is another big $ incentive that big Pharma will offer. I made it so you can do it too. true. Reply reply wallnumber8675309 Looking for a link to the highest paying (non -retail) pharmacist job out there. Posted by u/MrMetalHead1100 - 30 votes and 27 comments Years of restructuring and layoffs in big pharma withl the aim to lower operational costs (salaries/benefits) by outsourcing non core work AND entry-level roles. Maybe a Fellow (or whatever your company calls the very top of the technical track) could have a salary approaching that, but that's going to be after 20+ years of experience. Plus bonus, company car, etc. . Things were great and then my company wanted to expand into Commercial, my department is too small to handle the transition so they outsourced the release testing. Salary will totally depend on your funding and business plan. That matches up with just salary progression if I extrapolate raises out from my own position, as well as salaries we’ve reported on the H1B visa website. Literally any job, you could find at a big pharma company, from biostatistician to community-based research manager to behavioral scientist to health policy specialist. Very average management jobs in Pharma pay @200k in any medium or big size company. Pharma MD recruiter here - that is mostly true. Interested in Base salary of ~160k. Reply reply Late_Veterinarian950 I’m at a much smaller mid-sized company, but I’m pretty sure the base salary of our directors is close to $250k or so. On the other hand, my big pharma offers much more vacation, unlimited sick leave, 401K plan, generous family leave, on-site daycare, expensed home office supplies, etc. Big pharma is fairly siloed, departments are large and it’s harder to meet people outside your bubble- not to mention mentoring from other departments. That role starts at $300k-$400k and it’s not unusual to see numbers well north of $500k. Among the other executives, Mikael Dolsten, MD, PhD, the chief scientific officer and president of Pfizer research and development, was compensated $8. 18 votes, 47 comments. View community ranking In the Top 5% of largest communities on Reddit. Scroll through the careers sites of some big pharma companies to get an idea. I want to know what the compensation culture is like in Basel. However other roles in tech companies pay more similar to other industries. April 2022: landed as a Global Director in Medical Affairs with a base in $230-245k range, with $90-110k sign on and with targeted 25% annual bonus and $25% RSU. Now having two offers: Top 10 pharma: senior sci title, 156K base, 20% bonus, 35K stock (per yr), 7% 401k match 3000 HSA. 30 votes, 36 comments. It’s now been another year and I’m looking to go to another somewhat big pharma, back as a mfg tech. BigPharma, BigOil, Big____, is a catchall expression for describing the biggest players in an industry, companies the control the lion's share of whatever market they operate in. News about any technological application that uses biological systems, living… From what I have gathered, the med-device industry has more QA-based roles with a better salary, on the other hand, the pharma RA job is more regulatory-based but has low compensation. early stage drug discovery analytical group. I have presently two offers - senior scientist position from a big Pharma ( contract). Getting the job, though, not the easiest. I got a good job offer at a top-five Big Pharma company, great benefits and job position. If I jump ship, what kind of salary can I expect? In the 8 years since PhD I have applied to 1000s of jobs at big pharma and only gotten 3 interviews (1 at amgen, 1 at merck, 1 at pfizer). Another went into a contract based company with specialized problems, basically a subcontractor. There is a huge difference in doing phase 1, phase 2, phase 3, or pharmacovigilance, pre-IPO, midsize, big pharma. I am living at LCOL area and working remotely for the small size company in NY/PA. I know it's been a while since your commentbut I'm trying to move to a pharma manufacturer, ideally one of the larger ones, from a secondary pharma wholesaler. Hi all, Had another post about big pharma ~2 weeks ago, but wanted to discuss something similar. gov occupational outlook estimates bear this out with an estimated 200k, 300k jobs for ME and EE jobs compared to ~22k chemE jobs. This was 2021, and I recall the following salaries: 3rd year undergrad: $25 or $26/hr (I had experience so I got $26). Sci starting at ~120k) but you will have 14% yearly bonus (can go a little higher or lower Iono if youre underpaid, but it sounds like you’re within the expectation of someone of a 5 year trajectory. want to show that to my employer- even if i can't get that, just to show that such pharmacy jobs exist looking only for $220 and up. Big pharma with pretty strict guidelines on levels and salary, or a startup with no HR and flexibility. I moved to a big pharma company as a computational biologist in the Boston Area about 1. There’s a bunch, hard to say lol. Growth in my area seems abysmally slow and salary increases are not as good as expected (not for having a family in the Boston area). In my experience, people in big pharma rarely leave because they want stability (>5 years of not changing jobs). Big Pharma interviews take a whole day if not more, at least for PhD positions. I would not let go of that job. Fully agree with what the other 2 said! I’m just about about to start my first graduate job as a trainee QC analyst in a big pharma company and my base salary alone is 36k, and my only lab experience is undergrad lab classes - you were definitely being lowballed OP 😅 For context, the position is of a research associate at a big pharma (>100B market cap) in Basel, Switzerland. My state (FL) range is like $130-150K. Big pharma summer intern salaries . And if a trial fails in big pharma, MDs can move into a different therapeutic area or function. Keep applying. 6% 401k match. I started off with a bonus comp of 10% my salary, now it’s 15% of my salary. Small biotech is a different story Edit: I stand by my statement. Where I live (LCOL) starting EE positions are about $80k. These are good jobs, honestly a bit underrated IMO. Each salary level and years work result in different level of bonus. You spend your time doing a variety of tasks ranging from the boring to the intellectually stimulating. This means higher level colleagues depend much more on bonuses and LTI. Each profession has it's positives/negatives, industry is just a different set of +/-'s. I came into a role at a similar starting salary at 104k. 5 years next month BS in Biology/Biomanufacturing $25. My stock compensation was 10k a year vested over 3 now it’s 20k a year vested over 3. Hi folks, I have a PhD+8 yrs industry experience. If you get a no, apply for the same job again. 1st year PhD student: $27/hr 4th year PhD student: $29/hr Perks: $5k relocation stipend for everyone. I love the topic but I'm extremely frustated with the fact that I'm isolated, get not much support and opportunities and the salary is very low compared to all my colleagues in other positions (bench scientists, technicians). AD is a common terminal level in pharma which is more like L5/E5, granted someone would make L5/E5 faster in tech than to AD in pharma. PhD bioinformatics. 136K subscribers in the biotech community. 106K subscribers in the biotech community. With a BS/MS, it is typically between 60k-65k at CDMOs in MASS. A google would give you more accurate salary. ybws ayxgogj fwylyl uobrr ppaekrl bbveoq yzby moex tmfs ookal