The highest average salaries go to Senior Product Managers, who bring in close to $131K annually, though Principal Scientists are not far behind at around $125K along with Pharmaceuticals Sales Representatives ($84K) and Senior Research Associates (approximately $69K). Financial compensation for Quality Assurance Auditors is rather low — on average only $56K — relative to the rest of the company.
When it comes to location, the highest average paycheck (about $139K per year) can be spotted in West Chester, Pa.; Malvern, Pa. ($115K), Philadelphia, Pa. ($95K), and Weston, Fla. (about $91K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of North Wales, Pa. — at around $74K, salaries are some of the lowest in the country. By state, the highest pay levels are found in California, where the average Teva Pharmaceuticals USA employee makes $115K annually.
Years of Experience
For those with one to four years of experience, median paychecks reach approximately $62K per year. Respondents who have been working for five to nine years make about $95K annually on average. Broken down by tenure, the largest share of Teva Pharmaceuticals USA employees (38 percent) have 10-19 years of experience and earn $103K per year on average.
Certifications and Degrees
Project Management Professionals receive bigger paychecks ($138K annually) than those without credentials. Certified Fraud Examiners with credentials can live quite comfortably; median salaries come in at $75K per year. Teva Pharmaceuticals USA provides the highest financial reward to those with a Master of Business Administration (MBA) — these employees rake in approximately $130K annually.
The highest-paying skill in this position seems to be Market Research; individuals who report it as part of the repertoire have a median income of around $136K per year. Project Management is regularly seen around here; roughly a seventh of those surveyed report it as a core competency. Data Analysis, Quality Assurance / Quality Control, and Microsoft Office were also reported by many survey participants.
Benefits and Perks
Paid time off is in short supply here, with only 38 percent receiving paid vacation and 23 percent receiving paid sick days. Nearly all survey participants take advantage of the 401(k) plan that Teva Pharmaceuticals USA sponsors. Health insurance comes as part of the deal for nearly all respondents, and a large number of respondents report receiving dental coverage as well. The company also dishes out perks such as a stock purchase plan, life insurance, a subsidized cell phone, and tuition reimbursement.