‘Big Pharma’ has been dealing with a lot of challenges lately. You might be curious to know what the people at the top of the pharma career ladder are earning to manage those challenges.
FierceBiotech — which is a great resource for keeping on top of rumours, news and developments in the pharma / biotech sector — has published their annual list of the top ten 2010 pharma CEO salaries. Suffice it to say that the CEOs are doing all right! In position #10, John Martin of Gilead Sciences brought home $14M, whereas Bill Weldon of J&J earned twice that much to take the top spot.
Of course, very few of us will reach these stratified heights. Once you move a few steps down the ladder, salaries quickly drop from 8 figures down to six. For example, I recently came across salary information for a VP of Research for a small firm developing a new molecular diagnostic test. His salary? $225K, along with a very generous relocation package.
If clinical research is your focus, our previous post “How much does a CRA earn?” might interest you.
Why don’t research scientists get paid more? We discussed biotech scientist salaries in a previous post.
Good luck in your job search!
Posted: June 19th, 2011 | Author: Headhunter | Filed under: Uncategorized | Tags: CEO, salaries, salary | No Comments »