Price jobs in pharma with fresh market data

From lab technicians and chemical engineers to sales reps and back-office support roles, those working in the pharma industry cover a wide range of needed functions. Payscale delivers the salary data and software solutions that helps leading organizations build modern compensation programs to attract and retain talent.

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Top Challenges for the Pharmaceutical Industry

Rapid Growth
Hiring to support rapid growth

During the pandemic and recovering post-pandemic economy, the pharma industry has seen extensive growth. Compelling salary offers and total rewards packages are essential to attract talent in a competitive job market.

Planning for Pay Increases
Planning for pay increases

In a hot job market, you have to think about pay equity. The talent you are most anxious to keep is also the talent you are most likely to lose if your employees' pay doesn't keep pace with their peers.

Workplace flexibility

Following the pandemic, employees want to be able to work from home at least some of the time. Businesses are now having to consider location-based pay strategies that can accommodate remote work.

Pay Communications Icon
Pay communications

With all the challenges in the current job market, it is imperative for employees to understand pay policies and for managers to be able to discuss why compensation is fair.

Stop waiting on surveys

Payscale gives you access to current salary data that you can cut any way you like it — even by competitors! — so you can make pay decisions right now.

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Salary data in the pharmaceutical industry available from Payscale right now

Incumbents - Peer
Participants - Peer
Participant growth (2021) - Peer
Incumbent growth (2021) - Peer
Profiles - Employee Reported

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Customer Stories

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Explore research and insights

Compensation Best Practices Report

Payscale’s annual Compensation Best Practices Report (CBPR) is the largest survey dedicated to compensation, gathering information from thousands of respondents with data cuts by industry, performance, and organizational size.

End of Year Report on the Hottest Jobs of 2021

Payscale analyzes which positions job seekers were most eager to research salaries for in the 2021 calendar year and ranked the top ten with additional data and insights on the fastest growing jobs by wages and guidance around compensation planning.

Connect Event Insights: Pharma and Life Sciences Whitepaper

Payscale hosted a Connect Event to hear from and better understand the comp challenges impacting pharma and life sciences organizations. We then validated those challenges with research data and provided resources for potential solutions in this insights document

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