What do career and comp growth typically look like in biopharma, starting at director level? Trying to decide between offers, one is for a biopharma director role (base $230k, TC ~300k, 40hrs week) vs biotech equity research role (base $200k, no idea about bonus, 60-70 hrs minimum, ~100 during earnings, can likely aim for $400k TC in 3 years, or more if moving to buyside). Much more interested in equity research, and growth can be fast, but hours are rougher than pharma

like
Posting as :
works at
You are currently posting as works at

Equity research is a horrible job, all writing and crafting models no one wants to look at. It is all about telling a story to convince people in a way you want, and you don't take responsibility when it goes wrong. Exits can be corp finance, fp&a... and not what you expected. Bonus depends on sales, but did the people who bought NVDA needed a write-up with full-fledged models? No. I would choose the industry director role any day. You will feel like you are doing more real work there, and you can work your way up to SD, ED & VP. (My spouse used to be in equity research, now in consulting and looking to exit to biopharma Director level as well)

like

You would have started as a portfolio manager on the buy side way before that. Sell side is definitely never as competitive as buy side, hence the lower pay as you can even see in this question. Why would you think it's easier to move up in a hedge fund than moving up from Director level in biopharma? You may not even be able to break in a hedge fund from the sell side.

like

Director in Pharma (check flair), it’s a sweet gig.
Growth is very variable depending on you and your situation. You could be stuck as a director for a decade, or you could get promoted every 2-3 years, I’ve seen both.

like

Glassdoor is pretty accurate.

I’m at the low end of director at 205k base, 23% bonus target (usually get over), and 50k RSU target (vest over 4). Some I’m at 265k my first year and will ramp up to ~300 without any raise.

like

F

like

What is your YOE, degree?

like

Related Posts

Any fishes here that came over into MAS from EY-Parthenon - would you recommend the switch?

What will fetch more $$: a CPA or CMA designation. I have a non accounting background with 2 years of advisory experience.

What are my chances of getting into APM programs at companies like Meta and Uber as a student from a non-CS background and little experience?

Currently working on my MS Finance degree, graduating in December. Working on my resume and was wondering if I should include a projects section (which would be projects/assignments from classes)?

I don’t have much experience as I went into grad school right after undergrad (graduated December 2021).

like

Question for some of the senior partners on this bowl: do you mind sharing what does the the top end of partner comp look like? Is it like 2-3M annually? And how many years it took you to get there after becoming partner?

like

How much should a senior accountant at a top 10 forensic accounting firm, in Toronto, with 3 years of experience have a salary? Is 75k cad too less?

like

***Urgent *** Where to join?

2 days left to join.
IBM - 17 lpa
Capgemini - 23 lpa
Tech - Oracle apps/fusion technical Yoe - 10 years.

I heard, there are projects shortage @IBM in Oracle Apps currently. (As my colleagues are on the bench for 2+ months in IBM after joining)

Please suggest IBM Capgemini Accenture Tata Consultancy

like

Im currently going through industry change.
Im a pastry cook with 4yrs experience and the average salary start for this position is now at $22/hr here in vegas, especially in the strip. But cooking/baking is not my passion. So im changing into veterinary medicine and im seeing that the starting rate for a vet tech is around $16-18. Why is that?? Why are people in the vet med industry being paid so low?? Something needs to change. Labor of love aint enough for the people in this job.

like

Programmatic Specialist making $65K - curious others salaries? I work remotely and have 2 years media planning experience and 2.5 years programmatic experience.

likehelpful

This is the compensation details I received in offer letter. Won't they provide the actual salary break up that contains basic pay, other deductions etc?

Post Photo
like

Hi fishes, I have an offer from DTDL is it good company to work. How is the work culture, hike and perks in the company?

like

Does anyone know the starting salary for Jackson Lewis in the firm's Connecticut office, as well as the billable hours requirement?

like

How much do strategy directors make these days?

like

How did you get started in your career as an FA? I work in the home office and have been an assistant to an FA before. I have a network, I have ambition, I have credibility and connections at my firm..

Just out of curiosity, have you ever started a new job and thought what the hell am I getting myself into?!?
If it was the wrong fit how long did you grin and bear it? 6 months / 1 year / longer?
Did it get better with time or worse? (For instance just a case of lack of know-how)
If you left did you find securing a new job difficult due to only being there for so little time?

likefunny

Which company is better for tech management role - J&J or Amgen ? Looking for comments around WLB, internal growth, compensation etc.

like

I’ve been in my current position (Bookkeeper) for 4 years now. I’m highly interested in taking the PHR, and I’m wondering if I would qualify for the 4 year HR professional job requirement to be eligible to test for the certificate. I work for a small business, therefore I do all the on boarding paperwork/payroll. Any advice is appreciated.

like

Hi Fishes,

I have a 7 year of experience in Service based IT Company. Is preparing for Maang good ? What roles and expectations should I be having?
Or should I consider working in service based itself or any other product based company.

I am really confused and concern about my future

Thanks in advance.

like
like

What can I expect my in hand salary to be?Under old and new tax regimes?

Post Photo
like

Is it common to negotiate software engineer salary at smaller companies? I know it’s common at FAANG, but what about for companies with around 200 engineers? I have a counter offer from my current company and on-site interviews scheduled for end of July with google and Amazon, but I’d prefer to go with the smaller local company if I can negotiate the salary (from offer letter) up another 5% or so.

like

More Posts

This might be the wrong place to ask but is getting a car worth it?

I think it’ll somewhat improve QOL but with parking, insurance, gas and financing costs I’m not sure spending almost 1K/month is a good idea at 22.

The other problem is that used cars are so damn expensive right now so I can’t just buy a used mx5 for 5-10K

like

Hoping for a bump at next review. Should I mention it now? Will either kick epic ass or fail massively in the next few months.

6 PM- This bowl will be lit 🔥

More lit than ever!!

likefunny

Hi, Tomorrow is my last working day at Infosys. I need to submit my laptop. My DC is Mysore but I live in Hubli, so can I handover the laptop at Hubli DC?

like

Will I get the yearly bonus if i join in october ?

Having trouble opening a new bank acc (eg Marcus by GS, Ally) as I‘ve only been in US for a few months and have no credit history. Any international fish have tips to circumvent?

Offer unlocked: Now complete six stays to earn 15,000 additional bonus. Cont..

Got an offer from Capgemini for 10LPA fixed and also I got an offer from HCL for 11LPA (includes variable pay but mentioned it will be paid monthly basis) , which one is good to join to develop my career growth. Having 4YOE in network security , vulnerability management and selected for the role of vulnerability management in both the firm's
Please suggest me.

like

Can anyone refer me .I have 2 yrs of experiemce .Skills- java,sql,sprimg boot,testing

like
like

B1 to B2 , how much hike will get in cg, eligibility criteria?

like

.net automation testing openings in EPAM Systems . Intrested and ping me. Happy to refer.

Post Photo
like

I put in my two weeks! But now it's weird here haha. Agencies should ask you to leave and pay you out. This is silly.

like

Do you feel that in SEO there are too many ways of conducting the same tasks. I have had a string of managers within the past year, it’s starting to get very annoying as each person says method A is wrong and B is right, another manager would have the complete opposite view. Have you had similar experiences when this practice and adjustment begins to interfere with client deliverables.

like

Anyone up for chat😔😔 Feeling low...

like

30 male Indy Indian - Open to conversations

like

can someone tell me whats a good deal on negotiating a bonus at D in GPS? Recruiter said he'd make sure my base minimum is $100k. Was in a very low phone service area when he called but I did hear him mention a bonus and throwing in $2k for moving. Offer letter not in yet. 2yoe

like

Does anyone have any salary insights for the role of Policy Specialist at Google (Chicago office)?

like

Hey everyone! I have a 30 minute interview with a Amazon recruiter on Monday for a Technical Recruiter position. Does anyone know what I should expect?

like

What are some Entry Level jobs at AWS in Project Management/Implementation Consulting?

like

Additional Posts in Pharma and Biotech

Anyone know the salary range at Regeneron for Director, Development Program Management?

like

Any open scientist positions in Florida ? TIA

like

Johnson & Johnson Is there any news on pharma giant layoffs and freeze-hiring? AbbVie Biogen Bristol Myers Squibb Eli Lilly and Company Gilead Sciences Johnson & Johnson Intellia Therapeutics, Inc Pfizer Novo Nordisk Merck Roche Regeneron Merck Teva Pharmaceuticals

like

Anyone in early stage biotech? I’m looking at a BD role for a well financed (~$150M runway) startup with some preclinical programs and a unique development platform. What are some key risks to consider when taking roles like this? I’m overly excited and want to make sure I’m asking the right questions before committing myself to this.

like

Hello Fish! Does anyone have experience working for IQVIA in a non consulting, corporate role? How’s the work culture?

Does anyone have an idea on what salary should be expected when applying to a major biotech company (GSK, Novartis, J&J, AbbVie etc...) as an entry level (3 years experience) Pharmacology & Toxicology master degree with an emphasis in Drug Discovery and Development with technical expertise in electrophysiology/neuroscience domain (several published papers on sodium channels) ?

likehelpful

I’m looking for a Roche referral for a DC based policy role. My previous experience is global policy at WHO/PAHO & Executive Branch.

like

Anyone here work @ Novo Nordisk? I have a sales interview tomorrow morning for diabetes care specialist

like

Does anyone work for Biogen or BMS I have a free questions on a couple of positions I'm interested in.

What are your thoughts of switching jobs in the beginning of this recession? Would you stay if you had seniority? Current company’s a start up that has 18 months of run way but budgets are tight for next year. Acquired tons of sites and has 3000 employees. Thinking of leaving for smaller pharmas.

like

What's the total comp packages look like for big pharma for Sr. Manager or AD?

Is 130-150, 15% bonus, 15k rsu in line?

like
likehelpful

What is the average salary for Clinical Research Associate I?

like

Has Pfizer done away with Assoc. Director roles in favor of Sr. Manager roles?

like

Patient advocacy leaders in Pharma- anyone interested to chat? I work for a patient recruitment vendor and am super interested to move to Pharma. Would love insider info!

like

Please help! I’m a CRC who manages Investigator- led clinical research projects and I want to transition to a PM role in industry (I would slightly prefer not a PM role in clinical trials since I don’t have clinical trial experience.) I’ve applied to PM roles at many biotech companies (e.g. Charles River, ICON, Paraxel) but only got 1 interview which didn’t work out. Which companies should I look to for an entry level PM role? Any good startups to consider? Anyone have any insight or advice?

I have an interview for a technical writer position in the chemistry field. Coming from a lab based chemistry role I'm use to getting technical questions about my lab experience. With this role I'm interviewing for being office based, I'm not sure what questions they may ask. What interview questions can I expect for a technical writing position?

like

I am looking for a referral for a job in Pfizer. I am a Pharmacist with many years of Pharmacy and Business experience. I am also in the process of starting my MBA. I would appreciate the help greatly as I have applied to other Pharma positions without referrals and not had much success this way. Any help will be greatly appreciated.

like

Do you have to know some within AmerisourceBergen to work for them? I feel like I have tried 5 times to work for them and nothing has happened.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal