Earning $164K annually on average, Information Technology Directors receive the most money, followed by Biotechnology Senior Research Scientists (around $100K), Operations Managers ($99K), and Research Scientists ($89K). Associate Research Scientists make an average approximately $64K, close to the bottom of the company pay scale.
Years of Experience
Respondents who have been working for five to nine years make about $78K per year on average. Those with one to four years of experience at the company can expect to make around $72K annually on average. The largest slice of the Biogen Idec workforce (39 percent) has been working for 10-19 years and earns, on average, $100K per year.
When it comes to location, the highest average paycheck ($95K annually) can be spotted in Boston, Mass.; the company's headquarter city of Cambridge, Mass. (approximately $86K), Cary, N.C. (about $85K), and Durham, N.C. ($83K) are the next top-paying cities. Expected earnings are below average (around $69K) in Morrisville, N.C., one of the lowest-paid cities. By state, the highest compensation levels appear in Massachusetts, where the average salary is about $89K per year.
Certifications and Degrees
Certified Meeting Professionals are compensated at a much higher rate than non-authorized workers, bringing in close to $73K annually. Biogen Idec compensates Bachelor's Degree-holders the most at $174K per year.
In this role, the best-paying skill appears to be Regulatory Compliance; individuals who claim it among their capabilities enjoy a higher median salary of $140K annually. Biotechnology is considered a run-of-the-mill skill; approximately one in four of Biogen Idec's people use it regularly. Some other standard skills here are Data Analysis, Project Management, and Molecular Biology.
Benefits and Perks
Almost all workers plan for retirement by taking advantage of the company-sponsored 401(k) program. Health insurance is part of the package for a large number of respondents, and for a large number of workers, dental coverage is too. Additional benefits of working here are life insurance, a stock purchase plan, tuition reimbursement, flexible hours, and gym membership.