How’s the salary progression in pharma/biotech. At what title would one reach $300k? $400k? $500k TC?

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Most numbers cited above seem low. Director level typically have at least 200k base, 25% bonus and 25% stock which takes it to 300Kz SD $250k base, 30% bonus and 30% stock with total comp of $400k. Some companies have executive director before VP (some don’t) which gets to $500k. Entry level VP ranges $500 - $800k. The caveat is - stock usually kicks in after 2-3 years so the total comp in the first 2-3 years are lower (some can be made up by sign on bonus)

The above is based on my knowledge of 4 of the top 10 pharma companies

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I think it’s not always the same across functions. I’ve heard Marketing gets the most, then other business functions, then science functions, at the same level.

That said, I think salaries are rising this year. With inflation so high, it seems reasonable to ask for 10% higher than what you hear the position typically gets, basically as a col adjustment. So if AD was 180, which is what I’d been hearing the last two years in the Boston area for strategy roles, it’s now 200. (Yes, I did have success negotiating this way. I was surprised..)

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Senior director or VP for the 300-400 numbers. I don’t know anyone personally that makes over 400k, but I’m assuming that stock options at the EVP and comparable levels probably push them over.

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SO is Sr D at small public biotech. 250k base, 25% cash bonus target, annual 250k equity award (mix of options and RSUs).

Classmate is Sr D at a startup. $250k base, 30% cash bonus target, potential for $2.5-3M in equity upon IPO based upon recent comps.

Classmate is D at large pharma. $220k base, 25% cash bonus target, $150k annual equity award.

Classmate is VP at large CDMO. $300k base, 35% bonus target. $250k annual equity award.

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Depends COMPLETELY on the company’s current financial standing. You could be CEO at a startup and make 110k. Or be senior director and make 200k.

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Senior director at 200k, I don’t think so. Associate directors (2 levels down from SD) is at 160-180k itself.

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For which role?

In preclinical research, VP is around $300K total comp, SVP around 400, EVP around 500.

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I guess I’m underpaid :( difficult to estimate the value of stock options for a private company though…

In big pharma, Director will usually be around $300k TC, SD will be around $300-400k, VP will have a large range and depend on if the company uses the SVP or EVP titles.

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