Principal Investigator, Laboratory Research Salary
Average pay for a Laboratory Research Principal Investigator in the United States is considerable, rounding six figures at $103K per year. While the specific employer and geography impact pay for this group, career duration is the most influential factor. Most people in this profession are content with their work, and moderate levels of job satisfaction are reported. Men working as Laboratory Research Principal Investigators who took the survey just slightly outnumber women at 56 percent. Nearly all report receiving medical coverage from their employers and most collect dental insurance. The data for this snapshot was collected from individuals who took PayScale's salary survey.
|Salary||$72,642 - $127,476|
|Bonus||$1,521 - $15,781|
|Total Pay (||$70,000 - $138,321|
Job Description for Principal Investigator, Laboratory Research
Generally, principal investigators of laboratory research take the lead in conducting scientific investigations in controlled environments. They set the parameters of what questions or hypotheses will be explored, and then create the outlines of how the research and investigation will look. The latter, and the execution of experiments, data analysis, and documentation of findings, are typically conducted with input from research and laboratory associates, so some principal investigators also serve as supervisory employees.Read More...
The most important aspect of this job involves defining the extent and parameters of research which will be conducted. Parameters that are too wide may bog a project down with too much data, while vague parameters lack sufficient focus; if the question is too narrow, the investigators risk conducting research with limited usefulness or application. It is not unusual for principal investigators to change the scope and focus of research and lab work after it has commenced, but, of course, most in this position strive to find the best balance in advance.
After setting parameters of laboratory research hypotheses and postulates, these investigators then define the best means of study and the ultimate execution of research for that particular project. This typically involves some input from a research team, which may consist of students and graduate assistants to whom principal investigators may delegate tasks such as assisting with analyses/experiments and collecting data.
Principal investigators in laboratory research are employed primarily by university science departments, private laboratories, medical research companies, and pharmaceutical companies. A post-graduate degree, if not a doctorate degree with professional certification, may be required by some employers. Most investigators work in both office and laboratory environments during traditional business hours, though the research they conduct may occasionally alter their own work-place or schedule.
Principal Investigator, Laboratory Research Tasks
- Supervise, coordinate, direct and ensure research is completed on deadline.
- Write and submit grant proposals and secure other funding.
- Write and present reports and papers.
- Serve as point of contact for the laboratory and/or project.
- Oversee and train research assistants on procedures and protocol specific to the project.
Principal Investigator, Laboratory Research Job Listings
Popular Employer Salaries for Principal Investigator, Laboratory Research
Laboratory Research Principal Investigators flock to E.I. Du Pont De Nemours & Co (DuPont) for generous paychecks, where average earnings of $133K lead the pack in compensation.
Pay by Experience Level for Principal Investigator, Laboratory Research
Pay by Experience for a Principal Investigator, Laboratory Research has a positive trend. An entry-level Principal Investigator, Laboratory Research with less than 5 years of experience can expect to earn an average total compensation of $98,000 based on 32 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Principal Investigator, Laboratory Research with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $105,000 based on 26 salaries. An experienced Principal Investigator, Laboratory Research which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $128,000 based on 28 salaries. A Principal Investigator, Laboratory Research with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $127,000 based on 13 salaries.
Related Job Salaries
Key Stats for Principal Investigator, Laboratory Research
Rated 4 out of 5
based on 6 votes.