Years of Experience
Those with one to four years of experience at the company can expect to make about $70K per year on average. Five to nine years of work experience seem to result in median wages of approximately $79K annually. The largest fraction of Biogen Idec people (38 percent) have been working for 10-19 years and earn $126K per year on average.
Nearing the top of the pay scale are Assistant Director, Information Technologys, Senior Process Engineers, Biotechnology Senior Research Scientists, and Operations Managers; while the first receives the highest median pay at around $146K annually, the other salaries come in at $121K, $116K, and about $99K, respectively. With salaries averaging around $73K, Associate Research Scientists are among the lowest paid at Biogen Idec.
When it comes to location, the highest average paycheck ($100K per year) can be spotted in Boston, Mass.; Durham, N.C. (approximately $90K), Cary, N.C. ($85K), and the company's headquarter city of Cambridge, Mass. ($82K) are the next top-paying cities. By state, Massachusetts offers the highest pay at $96K annually.
Certifications and Degrees
Biogen Idec provides the highest financial reward to those with a Doctor of Philosophy (PhD) — these employees rake in around $132K per year.
The highest-paying skill in this position seems to be Clinical Research; individuals who report it as part of the repertoire have a median income of $170K annually. Project Management is a popular skill among Biogen Idec workers, with one-fifth of those surveyed reporting using it on the job. Some other standard skills here are Biotechnology, Data Analysis, and Molecular Biology.
Benefits and Perks
Most workers participate in the company's 401(k) retirement savings plan. A large number of employees report having health insurance, and a large number of respondents report having dental coverage. Other privileges include life insurance, tuition reimbursement, a casual working environment, stock options, and a stock purchase plan.