Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Principal Clinical Investigators, level of experience is overall a somewhat less important part of the salary calculation—more experience does not yield dramatically higher pay—and pay raises are largely incremental. After five to 10 years, salaries grow from $100K to $108K, topping six figures. Between 10 and 20 years, pay reaches $133K. Once they've gotten two decades of experience under their belts, Principal Clinical Investigators encounter slower salary growth; at this point, they earn $135K annually. Experienced employees who have 10-20 years of experience make up about a third of the workforce; inexperienced individuals who have been working for less than one year comprise less than five, and senior people with more than 20 years under their belt fill out the remaining 15 percent. Most employees in this workforce have between one and nine years of experience; more than half of those surveyed fall within this distribution.