Best Biotech Employers In America
August 7, 2014
By Angela Rose for BioSpace.com
James H. Douglas Jr., lawyer and former U.S. Assistant Secretary of the Treasury, once said, “A good job is more than just a paycheck. A good job fosters independence and discipline, and contributes to the health of the community.” His words perfectly describe positions within the biotech industry, as jobs such as principal investigator, regulatory affairs associate, and research biologist combine competitive wages with the opportunity to improve the world. Pursue a career with one of America’s top biotech employers (as recently identified by Business Insider), and you can expect the best salaries in the industry along with unbeatable job satisfaction and schedule flexibility.
13. Medtronic Inc.—Minneapolis, Minnesota
With 45,000 employees and median pay of $88,500 after five years, it’s easy to see why this medical-device company made the Business Insider list. Nearly 75 percent of Medtronic Inc. employees report that their job is satisfying, and 80.6 percent consider their schedule flexible.
12. Pfizer—New York, New York
A pharmaceutical company, Pfizer has 91,500 employees. Its median pay of $99,100 after five years certainly earns it a position within the best biotech employers in America. Slightly more than 85 percent of Pfizer employees consider their schedule flexible, while 71.2 percent report their job is satisfying. (See Pfizer jobs here.)
11. Dow Chemical Company—Midland, Michigan
With 53,000 employees and median pay of $96,400 after five years, this chemical company compares quite favorably to others in the industry. Nearly 79 percent of Dow Chemical Company employees report that their job is satisfying, and 80.9 percent consider their schedule flexible.
10. Allergan—Irvine, California
A smaller pharmaceutical company with 10,500 employees, Allergan offers a highly competitive median salary of $93,400 after five years. Almost 83 percent of Allergan employees consider their schedule flexible. Sixty-four percent report that their work is satisfying. (See Allergan jobs here.)
9. Johnson & Johnson—Brunswick, New Jersey
One of the largest biotech employers in the Business Insider list, Johnson & Johnson employs more than 128,000 professionals. At $102,000 after five years, its median pay is also among the highest. Nearly 74 percent of this pharmaceutical company’s employees report that their job is satisfying, while 83.4 percent consider their schedule flexible. (See Johnson & Johnson jobs here.)
8. Abbott Laboratories—Abbott Park, Illinois
With median pay of $90,400 after five years, Abbott Laboratories compares favorably to other pharmaceutical companies in the industry. Employing 91,000, nearly 82 percent of its workers consider their schedule flexible, while 75.3 report that their job is satisfying.
7. St. Jude Medical Inc.—St. Paul, Minnesota
A medical-device company, St. Jude Medical Inc. has 16,000 employees. Its median pay of $84,300 after five years is competitive compared to others in the industry. More than 75 percent of St. Jude Medical Inc. employees report that their job is satisfying. Seventy-four percent consider their schedule flexible.
6. Baxter International Inc.—Deerfield, Illinois
With 48,500 employees, Baxter International Inc. appeared within the Business Insider list for the first time this year. This biotechnology and medical product company offers median pay of $86,200 after five years. Nearly 79 percent of its employees report their job is satisfying. Seventy-five percent consider their schedule flexible.
5. Amgen Corporation—Thousand Oaks, California
A biotechnology company, Amgen Corporation employs 18,000 professionals. Seventy-seven percent consider their schedule flexible, while 73.5 percent find their job satisfying. The company’s median pay of $107,000 after five years is a real standout. (See Amgen jobs here.)
4. Bristol-Myers Squibb Company—New York, New York
A pharmaceutical company, Bristol-Myers Squibb Company has 28,000 employees. It offers median pay of $106,000 after five years, putting it among the highest in the industry. Nearly 78 percent of its employees consider their job satisfying. More than 83 percent find their schedule flexible. (See Bristol-Myers jobs here.)
3. Gilead Sciences Inc.—Foster City, California
A small biotechnology company with 5,000 employees, Gilead Sciences Inc. offers median pay of $105,000 after five years, a highly competitive figure. Seventy-eight percent of the professionals who work here find their job satisfying, while 68.4 percent report that their schedule is flexible. (See Gilead jobs here.)
2. Biogen Idec—Cambridge, Massachusetts
Employing 4,850 biotech professionals, this biotechnology company offers median pay of $96,100 after five years. Nearly 74 percent of its employees consider their job satisfying. Eighty-seven percent report their schedule is flexible, making Biogen Idec the second-most flexible employer in the industry.
1. Celgene Corporation—Summit, New Jersey
On Business Insider’s list of the 50 Best Employers in America, Celgene Corporation is in the top spot for the second year in a row. Employing 4,700 biotech professionals, they offer median pay of $116,000 after five years—the highest of any biotech company in the list. Additionally, more employees at Celgene Corporation report high levels of job satisfaction and schedule flexibility, 90.90 percent and 96.8 percent respectively. (See Celgene jobs here.)
Who wouldn’t want to work for one of these employers? When you’re ready to find your next biotech job, start your search at BioSpace. You’ll find thousands of positions at biotech, pharmaceutical, and medical device companies across the nation in one convenient place.
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