Years of Experience
Respondents who have been working for five to nine years make about $82K annually on average. Those with one to four years of experience at the company can expect to make $65K per year on average. Overall, the greater share of Biogen Idec folks have 10-19 years of experience and earn an average around $98K annually.
Nearing the top of the pay scale are Biotechnology Senior Research Scientists, Operations Managers, Biotechnology Research Scientists, and Clinical Trial Associates; while the first receives the highest median pay at $116K per year, the other salaries come in at $87K, approximately $76K, and around $71K, respectively. Financial compensation for Associate Research Scientists is rather low — on average only about $64K — relative to the rest of the company.
When it comes to location, the highest average paycheck ($94K annually) can be spotted in Boston, Mass.; Durham, N.C. ($90K), the company's headquarter city of Cambridge, Mass. (approximately $81K), and Morrisville, N.C. ($70K) are the next top-paying cities. By state, the highest pay levels are found in Massachusetts, where the average Biogen Idec employee makes $91K per year.
Certifications and Degrees
Biogen Idec provides the highest financial reward to those with a Master of Science (MS) — these employees rake in $74K annually.
The highest-paying skill to have in this role seems to be Strategic Planning; employees claiming this as part of the toolbox earn a median of $137K per year. One of the more prevalent skills at Biogen Idec is Data Analysis, with one in four considering it a key competency. Biotechnology, Project Management, and Molecular Biology were also reported by many survey participants.
Benefits and Perks
A 401(k) program is available, and most survey participants use it to save for retirement. At Biogen Idec, most employees have health insurance, and most workers have dental coverage. The list of perks also includes life insurance, stock options, tuition reimbursement, a casual working environment, a stock purchase plan, and gym membership.