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Pharmaceutical and Biotechnology Average Salaries in Argentina 2020

How much money does a person working in Pharmaceutical and Biotechnology make in Argentina?


Average Monthly Salary
96,500 ARS
( 1,160,000 ARS yearly)

LOW
12,300
ARS
AVERAGE
96,500
ARS
HIGH
145,000
ARS

A person working in Pharmaceutical and Biotechnology in Argentina typically earns around 96,500 ARS per month. Salaries range from 12,300 ARS (lowest average) to 145,000 ARS (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Pharmaceutical and Biotechnology careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Assistant Pharmacist78,100 ARS
Assistant Pharmacy Director139,000 ARS
Associate Medical Affairs Director135,000 ARS
Bioinformatics Scientist125,000 ARS
Bioinformatics Technician84,700 ARS
Biological Scientist139,000 ARS
Biological Technician85,200 ARS
Biomedical Engineer76,500 ARS
Biomedical Engineering Director113,000 ARS
Biostatistician96,500 ARS
Biotechnologist 88,900 ARS
Biotechnology Lead Data Manager86,900 ARS
Chemical Process Technician77,200 ARS
Clinical Consultant93,400 ARS
Clinical Data Manager106,000 ARS
Clinical Data Specialist92,600 ARS
Clinical Operations Manager111,000 ARS
Clinical Pharmacist107,000 ARS
Clinical Pharmacy Specialist108,000 ARS
Clinical Programmer62,700 ARS
Clinical Project Manager93,800 ARS
Clinical Research Associate96,800 ARS
Clinical Research Manager116,000 ARS
Clinical Study Manager125,000 ARS
Compliance Specialist105,000 ARS
Cytology Laboratory Technologist82,400 ARS
Cytotechnologist83,300 ARS
GCP Auditor100,000 ARS
Hospital Pharmacy Technician89,600 ARS
Manufacturing Engineer84,700 ARS
Medical Affairs Director137,000 ARS
Medical Representative 74,600 ARS
Medical Science Liaison103,000 ARS
Molecular and Cellular Biologist110,000 ARS
Nuclear Pharmacist12,400 ARS
Pharmaceutical Manufacturing Lead154,000 ARS
Pharmaceutical Operations Excellence Manager137,000 ARS
Pharmaceutical Process Engineer103,000 ARS
Pharmaceutical Production Assistant Manager102,000 ARS
Pharmaceutical Quality Auditor115,000 ARS
Pharmaceutical Regulatory Affairs Assistant81,600 ARS
Pharmaceutical Regulatory Affairs Specialist90,500 ARS
Pharmaceutical Research Associate104,000 ARS
Pharmaceutical Research Scientist117,000 ARS
Pharmaceutical Researcher129,000 ARS
Pharmaceutical Sales and Marketing Manager125,000 ARS
Pharmaceutical Sales Manager135,000 ARS
Pharmaceutical Sales Representative71,600 ARS
Pharmaceutical Supply Chain Manager115,000 ARS
Pharmaceutical Team Leader106,000 ARS
Pharmaceutical Technologist77,300 ARS
Pharmacist102,000 ARS
Pharmacy Aide78,900 ARS
Pharmacy Manager149,000 ARS
Pharmacy Stock Controller70,800 ARS
Pharmacy Technician70,300 ARS
Records Management Coordinator67,600 ARS
Shift Encapsulator73,400 ARS
Staff Pharmacist109,000 ARS

Pharmaceutical and Biotechnology Jobs Salary Distribution in Argentina

Median and salary distribution monthly Argentina Pharmaceutical and Biotechnology
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The median, the maximum, the minimum, and the range

  • Salary Range

    Pharmaceutical and Biotechnology salaries in Argentina range from 12,300 ARS per month (minimum average salary) to 145,000 ARS per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 96,500 ARS per month, which means that half (50%) of people working in Pharmaceutical and Biotechnology are earning less than 96,500 ARS while the other half are earning more than 96,500 ARS. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Pharmaceutical and Biotechnology are earning less than 48,900 ARS while 75% of them are earning more than 48,900 ARS. Also from the diagram, 75% of people working in Pharmaceutical and Biotechnology are earning less than 121,000 ARS while 25% are earning more than 121,000 ARS.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Argentina costs anywhere from 453,000 Argentine Peso(s) to 1,360,000 Argentine Peso(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Pharmaceutical and Biotechnology Salary Comparison By Gender

Salary comparison by gender monthly Argentina Pharmaceutical and Biotechnology
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees earn 6% more than their female counterparts.

Female
93,600 ARS
Male+6%
98,800 ARS
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Argentina for all Careers

Salary comparison by gender monthly Argentina
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Pharmaceutical and Biotechnology Average Annual Salary Increment Percentage in Argentina

How much are annual salary increments in Argentina for Pharmaceutical and Biotechnology professionals? How often do employees get salary raises?

Pharmaceutical and Biotechnology

Pharmaceutical and Biotechnology professionals in Argentina are likely to observe a salary increase of approximately 10% every 16 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Annual Salary Increment Rate Argentina Pharmaceutical and Biotechnology
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Argentina / All Professions

Annual Salary Increment Rate Argentina
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The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in Argentina is 6%.

Annual Increment Rate By Industry 2019

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Listed above are the average annual increase rates for each industry in Argentina for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Pharmaceutical and Biotechnology Bonus and Incentive Rates in Argentina

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Argentina Pharmaceutical and Biotechnology
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Pharmaceutical and Biotechnology is considered to be a moderate bonus-based field due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

49% of surveyed staff in Pharmaceutical and Biotechnology reported that they haven't received any bonuses or incentives in the previous year while 51% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
51%
No Bonus
49%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Argentina
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Where can you get paid more, working for a private company or for the government? Public sector employees in Argentina earn 7% more than their private sector counterparts.

Private Sector
87,400 ARS
Public Sector+7%
93,100 ARS
Percentage increase and decrease are relative to the previous value

Pharmaceutical and Biotechnology Salary Forecast and Trend in Argentina

How do Pharmaceutical and Biotechnology salaries change over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly Argentina Pharmaceutical and Biotechnology
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Average Salary 2016
87,100 ARS
Average Salary 2017+4%
90,400 ARS
Average Salary 2018+2%
92,600 ARS
Average Salary 2019+1%
93,800 ARS
Percentage increase and decrease are relative to the previous value

Pharmaceutical and Biotechnology salaries in Argentina are rising in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 1% higher than those of 2018. The trend suggests a slow yet continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.

Pharmaceutical and Biotechnology Hourly Average Wage in Argentina


560 ARS per hour

The average hourly wage (pay per hour) in Argentina is 560 ARS. This means that the average person in Argentina earns approximately 560 ARS for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Pharmaceutical and Biotechnology VS Other Jobs

Salary Comparison Between Pharmaceutical and Biotechnology and Pharmaceutical and Biotechnology monthly Argentina
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The average salary for Pharmaceutical and Biotechnology is 7% more than that of All Jobs.

Salary Comparison By City

CityAverage Salary
Avellaneda97,300 ARS
Bahia Blanca104,000 ARS
Buenos Aires111,000 ARS
Cordoba110,000 ARS
Corrientes104,000 ARS
La Plata108,000 ARS
Lanus98,600 ARS
Mar del Plata108,000 ARS
Mendoza95,200 ARS
Neuquen100,000 ARS
Quilmes99,500 ARS
Resistencia102,000 ARS
Rosario109,000 ARS
Salta106,000 ARS
San Juan94,700 ARS
San Miguel de Tucuman107,000 ARS
Santa Fe105,000 ARS
Santiago del Estero101,000 ARS
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