The majority of European respondents (31%) earn 30,000–50,000 ($39,000–65,000); 27% earn 50,001–69,000 ($65,000–90,000);
and 17% earn 10,000 ($13,000) or less. Surprisingly, the same percentage of respondents in Europe—10%—earn more than 70,001($91,000)
and less than 30,000 ($39,000).
WHICH JOBS PAY BEST?
According to our survey, the biotechnology jobs that offer the highest compensation are (Figure 3):
Figure 3. Which jobs pay best
- corporate management
- computer technology
- plant engineering
DOES GENDER MATTER?
You bet it does. Our US responses reflect a salary gap between men and women Look, for example, at the mean compensation for
the positions below:
- Analytical development or support: male, $68,937; female, $51,000
- Consultant: male, $104,300; female, $82,500
- Process development: male, $75,709; female, $72,907.
- Information management: male, $92,667; female, $75,000;
- Quality assurance: male, $70,185; female, $57,618
As you can see, the gap between process development salaries ($2,802) was the least, and between consultants ($21,800) the
most. But women seem to enter higher salary brackets at a younger age (Figure 4).
Figure 4. Mean age for salary categories
WHAT'S AGE GOT TO DO WITH IT?
The mean age of all survey respondents is 42.8, with 75 as the upper limit, and 25 as the lower. The largest percentage (18.6)
of the respondents are between 35 and 39, followed by those between 40 and 44 (16.2%), and between 45 and 49 (15.6%). Next
are respondents between 50 and 54 (12.4%); 55 and 59 (6.8%), 60 to 64 (4.6%); and 65 to 69 (1.6).
To most people, job satisfaction is the sense of fulfillment derived from one's work. More than 62% of all respondents are
satisfied with their jobs; 38% are not satisfied. Eighty-eight percent report feeling well prepared educationally for their
jobs, and 90% report that their employment experience has prepared them well. Contributing to job satisfaction are opportunities
for professional development. More than 22% of respondents take at least one college course per year, and more than 25% report
attending outside training courses or workshops.