What’s happening to the pharmaceutical industry?

What’s happening to the pharmaceutical industry?

August 26, 2021 Comments Off on What’s happening to the pharmaceutical industry? By admin

Biotechnology research and development salaries in the US rose in the second quarter of 2019, according to new data from the Bureau of Labor Statistics.

The increase was driven by a 1.9% rise in the average biotechnology salary for the full-time equivalent position (FTE) and a 1% increase for part-time employees.

The number of biotechnology employees grew by 3.7%, from 631,000 in the first quarter of this year to 631.9,000 for the second.

That increase is largely due to a 3.9 percent increase in biotech salaries for FTE employees.

For the full time equivalent position, biotechnology salaries rose 1.1% to $59,800, with the pay for Fte employees up 1.4%.

For part time employees, the pay rose 2.6%, from $36,600 to $41,600.

For full-timers, the average biotech salary grew by 2.3%, from an average of $70,300 to $75,700.

For part-timing employees, biotech salaries rose 2% to an average $63,900, and part-times’ pay rose by 0.3% to about $51,000.

For a full-timer in the biotechnology industry, biotech salaries increased by 2% from $54,100 to $55,300.

Part-time workers also saw their pay increase by 1.3%.

That’s because part- time employees were paid 1.7% less than their full- time counterparts, and there were a handful of other significant pay bumps.

That 2.5% increase is not enough to offset the cost of living, and many of the biotech employees who did move to full- and part time positions saw a 3% or 4% pay cut.

In addition, the number of full-, part- and temporary workers has risen from 3.2 million in the fourth quarter of 2020 to 3.3 million in 2020, a decrease of 2.9 million.

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