Salary Scale for Biotechnology Majors with a 4-Year Degree
Biotechnology is a rapidly expanding field that utilizes organisms for technological advancement in medicine, agriculture and other fields. Over the last several decades, biotechnology has evolved from domesticating crops and farm animals to using living cells and molecules to create new vaccines, pharmaceuticals, food and varied commercial products. Salaries for biotechnology majors vary depending on industry, employer and years of experience; learn more about these ranges below.
What Salary Can I Expect to Earn with a 4-Year Biotechnology Degree?
Biotechnology is necessary to companies that develop herbicides and pesticides, pharmaceuticals, energy, agriculture, industrial chemicals, food production, genetic engineering and livestock production. While biotechnology majors have many industries from which to choose, many become research associates. Below is salary information for biotechnology research associates by degree, employer, industry and years of experience.
Biotechnology Salary by Degree
According to PayScale.com, the median salary as of May 2010 for biotechnology research associates according to degree was as follows:
- Bachelor of Science in Biotechnology: $41,574-$63,044
- Bachelor of Science in Biology: $37,765-$55,048
- Bachelor of Art in Biology: $36,231-$53,609
- Bachelor of Science in Biochemistry: $35,841-$58,274
Biotechnology Salary by Industry
There are many industries in which a former biotechnology major can find employment. Below are the median annual salary ranges in some of the most popular industries, according to PayScale.com:
- Research and Development: $39,816-$59,731
- Pharmaceuticals: $47,017-$68,851
- Medical Research: $32,510-$48,887
- Academics: $30,966-$43,744
Biotechnology Salary by Years of Experience
PayScale.com estimates that more than 50% of research associate biotechnology jobs are held by individuals with 1-4 years of experience. Less than three percent have 20 years or more of experience. Accompany median annual salary ranges are:
- 1-4 years: $36,889-$51,477
- 5-9 years: $45,073-$64,727
- 10-19 years: $52,252-$74,462
- 20+ years: $53,951-$88,054
Biotechnology Salary by Employer
Many research companies, private firms, hospitals, universities, government agencies and other organizations hire former biotechnology majors. Below is a list of the top five employers, along with the median annual salary paid to research associates according to PayScale.com as of May 2010.
|Company||Industry||Median Annual Salary|
|Pioneer Hi Bred International, Inc.||Agriculture||$47,997|
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