Based on over 4,000 responses from SRG’s global database and the readership of New Scientist magazine, the report provides the industry’s most comprehensive benchmarking tool for both employers and employees to assess salaries in relation to their peers, as well as a detailed overview of the key economic and political factors currently affecting the industry.
“We’re delighted that our report has once again surpassed its predecessor as the most comprehensive and wide-ranging one to date,” said Kelly Morton, Managing Director of SRG.
The report highlights that salaries, and the market as a whole, have remained stable over the last year – but that certain factors could have a destabilising effect in the future. “It’s been an interesting year for science to say the least. Although salary increases and bonuses have slowed down, the science industry has actually seen its fair share of changes over the past 12 months, not least the deal between Novartis and GlaxoSmithKline. When two titans come together, the shockwaves can indeed be far-reaching,” said Morton.
The report also focuses on the fact that while many scientists enjoy their work, 37% are unhappy with their work-life balance and a massive 86% feel under more pressure. Morton added that scientists “continue to do a fantastic job in often difficult circumstances. With work-life balance not quite as favourable as many would like, and more pressure on scientists than ever before, those circumstances will get ever more difficult. Perhaps our findings will be useful as companies strive to redress that balance.”
SRG launches 2016 Salary Survey in conjunction with New Scientist
Science, clinical and engineering recruitment company SRG has released its 2016 Salary Survey, discussing the latest salary and market trends within the science industry.