Principal Investigator, Laboratory Research Salary
Laboratory Research Principal Investigators receive generous compensation in the United States — earning an average of $106K per year, their standard salaries shoot well into the six-figure range. Earnings for this group are mostly affected by experience level, followed by the specific employer and geographic location. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. Most people on this career path report moderate levels of job satisfaction. Women are just slightly outnumbered, with male Laboratory Research Principal Investigators making up 58 percent of survey respondents. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
|Salary||$70,795 - $127,001|
|Bonus||$1,965 - $15,464|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$71,954 - $137,837|
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
The biggest paychecks can be found at E.I. Du Pont De Nemours & Co (DuPont) — the median salary there is $133K.
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.
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