03 Sep 2009 Life Science salary survey results announced
Data Shows Life Scientists May Have Weathered the Economic Recession
The Scientist magazine released results today on the most current salary information in the life sciences. Over 4,700 professional life scientists in the United States reported their salaries, providing an insightful window on their job outlook based on gender, race, region and specialty.
The survey results found that despite the economic turmoil, the overall salary compensation of life scientists has increased 5 percent since 2008.
However, companies and institutions have taken various measures to cut costs. In industry, employers are reducing overall costs by cutting nonessential jobs, but are keeping highly skilled workers’ salaries steady to retain top talent. “Mainly the salaries have been flat [or slightly higher] due to the fact that highly skilled talent is still in demand,” says Rich Pennock of Kelly Scientific Resources.
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