Survey suggests trouble brewing in medical affairs employment
According to the research – the first of its kind for the industry - while benefits packages appear to be generous with the majority of respondents receiving extensive training, a car allowance and life assurance, pay has remained relatively flat over the past year. Despite the fact that salaries within the medical affairs area were generally higher than in several other life sciences functions, over 40% of professionals questioned complained that their pay did not reflect their level of experience. Perhaps not surprisingly in light of this, 36% of respondents said they would be looking for a new role in the next 12 months and 43% said they would look at a new role if the package offered was right.
“As we emerge from the economic downturn we’re seeing signs of itchy feet among medical affairs professionals,” says Yvette Cleland, Group Managing Director at life sciences recruiter, Clinical Professionals, which carried out the research. “Such a high level of salary dissatisfaction means that employers may need to take swift action on basic pay if they are to avoid a resurgence of the long-dormant war for talent.”
The full report is available to view online: www.pharmaceuticalsalarysurvey.com