Years of Experience
Those who have five to nine years of work experience see average salaries of about $78K per year. Those with one to four years of experience at the company can expect to make $62K annually on average. The greater proportion of employees (38 percent) report 10-19 years of experience and bring home median pay of $93K per year.
The highest average salaries go to District Sales Managers, who bring in close to $134K annually, though Biotechnology Senior Research Scientists are not far behind at approximately $102K along with Biotechnology Research Scientists (around $90K) and Quality Assurance Specialists ($83K). Boehringer Ingelheim Corp hands out some of the smallest paychecks to Research Scientists (around $73K on average).
When it comes to location, the highest average paycheck ($114K per year) can be spotted in Danbury, Conn.; Ridgefield, Conn. (approximately $102K), Fremont, Calif. ($90K), and Ames, Iowa (about $81K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of St. Joseph, Mo. — at approximately $64K, salaries are some of the lowest in the country. The highest pay by state can be found in New York, where salaries average out at $155K annually.
Certifications and Degrees
Registered Pharmacists receive bigger paychecks (about $138K per year) than those without credentials. On average, salaries rise to $112K annually for accredited Registered Nurses. The highest-paying degree here is a Doctorate (PhD); Boehringer Ingelheim Corp awards around $135K to these degree-holders.
The highest-paying skill in this position seems to be Project Management; individuals who report it as part of the repertoire have a median income of $100K per year. Field Sales is regularly seen around here; one in seven of those surveyed report it as a core competency. Other top skills include Biotechnology, Data Analysis, and Clinical Research.
Benefits and Perks
Employees looking to save up for old age can choose from several options including a 401(k) plan and a company pension plan. A large number of workers receive health insurance, and most survey participants get dental coverage. Perks also include a casual working environment, life insurance, tuition reimbursement, and a company cell phone.