Pharmaceutical Scientist Salary & Job Trends
One of the most sought-after and quite popular industries in recent times is the pharmaceutical industry. After going through the covid-19 pandemic and when looking back, we understand the importance of this industry and why it is so well paid.
The pharmaceutical job market has been growing exponentially over the last ten months and is on an upward trajectory for job seekers. And things that candidates are very interested in is pharmaceutical scientist salary and job trends.
An annual salary of a pharmaceutical scientist
According to recent research on November 21, 2022, the median annual salary for a U.S. pharmaceutical scientist is $87,655.
That's about $42.14 per hour, in case you want basic payroll. This equates to $1,685 per week or $7,304 per month.
Annual salaries range from as high as $213,000 to just $31,500, according to some research, but currently, the majority of pharmaceutical scientist salaries range from $54,500 (25th percentile) to $95,500 (75th percentile), with the top (90 percentile) earns $142,000 a year. state. The average salary range for pharmaceutical scientists varies widely (up to $41,000), suggesting many opportunities for advancement and higher salaries depending on skill level, location, and years of experience.
The average annual salary of a pharmaceutical scientist in this area is $87,654, which is $1 (0%) less than the national average salary of $87,655. Pharmaceutical scientist salaries rank #1 out of 50 states nationwide.
Top 10 highest-paying cities for pharmaceutical scientist jobs
We identified 10 cities where the standard salary for pharmaceutical scientists is higher than the national average. At the top of the list is Atkinson, Nebraska, with San Francisco, Calif. and Bolinas, Calif. close behind him at No. 2 and his No. 3. Bolinas, California is $19,299 (22.0%) above the national average, and Atkinson, Nebraska supports the trend, adding another $22,523 (25.7%) above the $87,655 average.
The average salaries in these 10 cities are higher than the national average, so there seems to be a great deal of opportunity for economic development through relocation as a pharmaceutical scientist.
Finally, another factor to consider is that average salaries in these top 10 cities are largely unchanged at 11 in Atkinson, Nebraska and 11 in Seattle, Washington, limiting the potential for significant wage increases. The potential lower cost of living is probably the best factor when considering a pharmaceutical scientist's job location and salary.
Here are the top 10 cities that pay the high annual salaries for Pharmaceutical Scientist positions:
|2||San Francisco, CA||$107,614|
|5||San Jose, CA||$101,241|
|7||Diamond Ridge, AK||$99,274|
|9||Barnstable Town, MA||$98,071|
Top 5 highest-paid pharmaceutical research jobs in the US
We found at least five jobs related to the pharmacy scientist profession that paid more than the typical pharmacy scientist's salary. Key examples of these roles are:
Clinical Development Scientist, Director of Drug Development and Global Medicines.
Importantly, all of these jobs are $31,870 (36.4%) to $55,195 (63.0%) above the average pharmaceutical scientist salary of $87,655. If you are qualified, taking one of these related pharmaceutical scientist jobs can make you more money than your average pharmaceutical scientist position.
So here are top 5 highest-paid pharmaceutical research jobs in the US:
|No.||Job Title||Annual Salary|
|1||Clinical Development Scientist||$142,850|
|2||Director Pharmaceutical Development||$142,557|
|4||Principal Research Scientist||$133,333|
|5||Research Scientist II||$119,525|
Is Major Pharmaceuticals A Good Career Path
Absolutely, major pharmaceuticals is an excellent career path. Careers in pharmacy are in high demand, well-paid, and respected. The field is complex, so it's unlikely that you'll have trouble finding work in this area, or else, you will be finding it to find other job opportunities if it doesn't work out for you.
Many careers in this field also have the added benefit of being able to help people. While not immediate, new drugs and treatments can have a very positive impact on people's quality of life and longevity.
Pharmaceutical Job Trends
When pharmaceutical organizations began to hire more aggressively, there was and still is a demand for niche contract job placement. Organizations are now looking to hire talent with specific skills or expertise to benefit long- or short-term projects.
On the flip side, many pharmaceutical companies who were not keen on remote work now have more options for those employees who need flexibility around where and what hours they work. This shift has created a sense of excitement for what the future of work looks like.
Get prepared for pharmaceutical jobs?
The jobs listed here are very well paid as they require a high level of training and experience. Many of them require PhDs in complex subjects. If you do not have a Ph.D. or are planning to join in this field, you should consult multiple sources to learn and obtain a pharmacy degree or related certificate.
Need some tips? We’re here to help
As noted above, the pharmaceutical job market is growing rapidly and there are many job opportunities for job seekers. If you have some degree or certificate in pharmacy and also have experience, you absolutely get a well-paying job, commensurate with your ability and effort. Learn more about Pharmaceutical Manufacturing.
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