Information Technology Directors are the best paid with the average salary hovering at around $164K annually; Senior Process Engineers, Biotechnology Senior Research Scientists, and Research Scientists also rank near the top of the list, pulling in $121K, $106K, and approximately $73K, respectively. Among the lower-paid positions at Biogen Idec are Associate Research Scientists — the median salary for this role approaches $72K.
Years of Experience
Workers who have been with the company for more than one year but less than five can make about $77K per year on average. Those who have five to nine years of work experience see average salaries of approximately $74K annually. The largest slice of the Biogen Idec workforce (32 percent) has been working for 10-19 years and earns, on average, $94K per year.
When it comes to location, the highest average paycheck (around $100K annually) can be spotted in Boston, Mass.; the company's headquarter city of Cambridge, Mass. (about $86K), Durham, N.C. ($82K), and Cary, N.C. ($76K) are the next top-paying cities. Expected earnings are below average (about $71K) in Raleigh, N.C., one of the lowest-paid cities. By state, Biogen Idec pays its Massachusetts employees the most; the pay rate there is $88K per year.
Certifications and Degrees
The highest-paying degree here is a Bachelor's Degree; Biogen Idec awards approximately $89K to these degree-holders.
The highest-paying skill to have may be People Management; employees who claim proficiency also report a higher average salary of around $150K annually. A common skill in Biogen Idec's work force is Molecular Biology; a little less than one-fifth of survey participants report using it on the job. Employees also tend to round out their skills sets with Project Management, Biotechnology, and Data Analysis.
Benefits and Perks
A 401(k) program is available, and nearly all employees use it to save for retirement. At Biogen Idec, a solid majority of workers have health insurance, and a strong majority of workers have dental coverage. The list of perks also includes life insurance, tuition reimbursement, a stock purchase plan, flexible hours, and a casual working environment.