Principal Investigator, Clinical Research Salary
An average Clinical Research Principal Investigator in the United States can expect to take home roughly $87K per year. Women account for the majority of Clinical Research Principal Investigators who responded to the questionnaire — 64 percent to be exact. Unfortunately, individuals in this position largely do not enjoy their jobs. While some workers in this profession — roughly two-fifths — do not have any health coverage, just over a half do receive medical benefits and a majority have dental insurance. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
|Salary||$49,329 - $153,960|
|Total Pay (||$45,000 - $230,000|
|Total Pay (||$45,000 - $230,000|
Job Description for Principal Investigator, Clinical Research
Principal investigators in clinical research generally lead a team of qualified researchers who collect data on medical phenomena, such as acquired and hereditary diseases, chronic ailments, and psychological afflictions, as well as the efficacy of various treatments. This position is also referred to as the "head of the laboratory" or "research group leader."Read More...
In addition to proficiency in scientific evaluation, principal investigators should have a minimum of a bachelor's degree in a scientific field and at least five years of post-university experience working on a research team. As a group leader, the principal investigator legally holds the research grant administered by his/her working group's benefactors (the entities issuing funding for particular research projects, such as universities or government institutions). This is a position of high responsibility within a clinical research team, as these PIs must secure funding, manage expenditures, perform quality assurance for research processes, collate data, and review findings in accordance with the objectives of each project.
Principal investigators in clinical research typically work indoors in a laboratory setting, though this is subject to change depending upon the nature of the research assignment. PIs may manage teams of as little as two and as many as fifty qualified researchers, who are often graduate degree-seeking research students in a scientific field. Hours may vary in this position, but are typically on an as-needed basis and depend on the stage of research being conducted at any given time. Work-days are also flexible, as the needs of each project dictate the level and frequency of involvement required of the principal investigator. (Copyright 2017 PayScale.com)
Principal Investigator, Clinical Research Job Listings
Pay by Experience Level for Principal Investigator, Clinical Research
Pay by Experience for a Principal Investigator, Clinical Research has a positive trend. An entry-level Principal Investigator, Clinical Research with less than 5 years of experience can expect to earn an average total compensation of $73,000 based on 16 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Principal Investigator, Clinical Research with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $135,000 based on 7 salaries. An experienced Principal Investigator, Clinical Research which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $125,000 based on 10 salaries. A Principal Investigator, Clinical Research with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $128,000 based on 12 salaries.
Key Stats for Principal Investigator, Clinical Research