Major pharma (13 respondents)
- Geography: CA (4), PA (3), New Jersey (2)
- Median respondent got 3 offers
- Most indicated that on-campus interview or connections were most useful
- Median number of applications: 10 applications (low of 2, high of 30)
- Median salary: $117,500 (low of $105,000, high of $138,000)
CMO/chemical industry (13 respondents)
- Geography: NJ, DE (2), TN, NE, CO (2), PA, NJ, MN, CT, TX, NY, OH
- Median respondent got 1 offer
- Web application was most useful for them
- Median number of applications: 20 applications (low of 4, high of 100)
- Median salary: $95,000 (low of $52,000, high of $135,000)
Biotech new employees (17 respondents)
- Geography: CA (5), MA (7)
- Median respondent got 1 offer
- Web application was most useful for them
- Median number of applications: 23.5 applications (low of 1, high of 60)
- Median salary: $121,000 (low of $95,000, high of $175,000)
Pretty interesting, but I wouldn't draw any major trends. More data to come from this, and more analysis.
Interesting data. Such a large range in compensation for Biotech, both in high cost of living locations. Were stock options offered to make up the difference?
ReplyDeleteOne of my friends works at Tesla and he has a surprisingly low salary for being in "tech" and northern CA, but he got an EXTREMELY generous stock gift at time of hire that vests over five years on top of yearly stock options that is equal to about 50% of his "cash" pay.
DeleteI can say I was offered to work at Thermo in the bay area at a comically low salary, lower than the lowest biotech published range, and was not offered anything other than that and free advice on where to live cheaply in the bay area, aka 2hrs away.
Extremely valuable info-s. Great job Chemjobber!!!!!!
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