A person working in Pharmaceutical and Biotechnology in Liechtenstein typically earns around 7,140 CHF per month. Salaries range from 3,560 CHF (lowest average) to 12,600 CHF (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.
|Job Title||Average Salary|
|Assistant Pharmacist||4,470 CHF|
|Assistant Pharmacy Director||8,640 CHF|
|Associate Medical Affairs Director||12,200 CHF|
|Bioinformatics Scientist||10,900 CHF|
|Bioinformatics Technician||4,650 CHF|
|Biological Scientist||11,100 CHF|
|Biological Technician||4,880 CHF|
|Biomedical Engineer||4,770 CHF|
|Biomedical Engineering Director||8,570 CHF|
|Biotechnology Lead Data Manager||5,320 CHF|
|Chemical Process Technician||5,230 CHF|
|Clinical Consultant||6,790 CHF|
|Clinical Data Manager||7,060 CHF|
|Clinical Data Specialist||6,640 CHF|
|Clinical Operations Manager||9,730 CHF|
|Clinical Pharmacist||6,560 CHF|
|Clinical Pharmacy Specialist||8,580 CHF|
|Clinical Programmer||3,670 CHF|
|Clinical Project Manager||6,640 CHF|
|Clinical Research Associate||5,970 CHF|
|Clinical Research Manager||9,600 CHF|
|Clinical Study Manager||8,540 CHF|
|Compliance Specialist||7,100 CHF|
|Cytology Laboratory Technologist||5,590 CHF|
|GCP Auditor||6,110 CHF|
|Hospital Pharmacy Technician||5,030 CHF|
|Manufacturing Engineer||6,140 CHF|
|Medical Affairs Director||10,600 CHF|
|Medical Representative||4,760 CHF|
|Medical Science Liaison||8,230 CHF|
|Molecular and Cellular Biologist||12,100 CHF|
|Nuclear Pharmacist||6,980 CHF|
|Pharmaceutical Manufacturing Lead||13,500 CHF|
|Pharmaceutical Operations Excellence Manager||11,000 CHF|
|Pharmaceutical Process Engineer||6,480 CHF|
|Pharmaceutical Production Assistant Manager||8,140 CHF|
|Pharmaceutical Quality Auditor||8,050 CHF|
|Pharmaceutical Regulatory Affairs Assistant||5,600 CHF|
|Pharmaceutical Regulatory Affairs Specialist||6,000 CHF|
|Pharmaceutical Research Associate||7,320 CHF|
|Pharmaceutical Research Scientist||10,300 CHF|
|Pharmaceutical Researcher||9,910 CHF|
|Pharmaceutical Sales and Marketing Manager||8,650 CHF|
|Pharmaceutical Sales Manager||10,300 CHF|
|Pharmaceutical Sales Representative||4,710 CHF|
|Pharmaceutical Supply Chain Manager||11,000 CHF|
|Pharmaceutical Team Leader||7,370 CHF|
|Pharmaceutical Technologist||5,580 CHF|
|Pharmacy Aide||4,630 CHF|
|Pharmacy Manager||9,860 CHF|
|Pharmacy Stock Controller||4,110 CHF|
|Pharmacy Technician||4,130 CHF|
|Records Management Coordinator||3,780 CHF|
|Shift Encapsulator||4,160 CHF|
|Staff Pharmacist||6,610 CHF|
Pharmaceutical and Biotechnology salaries in Liechtenstein range from 3,560 CHF per month (minimum average salary) to 12,600 CHF per month (maximum average salary, actual maximum is higher).
The median salary is 6,850 CHF per month, which means that half (50%) of people working in Pharmaceutical and Biotechnology are earning less than 6,850 CHF while the other half are earning more than 6,850 CHF. 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.
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 4,680 CHF while 75% of them are earning more than 4,680 CHF. Also from the diagram, 75% of people working in Pharmaceutical and Biotechnology are earning less than 9,360 CHF while 25% are earning more than 9,360 CHF.
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
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.
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.
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.
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.
A Master's degree program or any post-graduate program in Liechtenstein costs anywhere from 26,600 Swiss Franc(s) to 79,700 Swiss Franc(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.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Liechtenstein who work in Pharmaceutical and Biotechnology earn 11% more than their female counterparts on average.
Pharmaceutical and Biotechnology professionals in Liechtenstein are likely to observe a salary increase of approximately 5% every 28 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.
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.
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
Listed above are the average annual increase rates for each industry in Liechtenstein for the year 2020. 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.
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.
67% of surveyed staff in Pharmaceutical and Biotechnology reported that they haven't received any bonuses or incentives in the previous year while 33% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.
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.
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.
The main two types of jobs
|Revenue Generators||Supporting 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.
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.
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.
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.
The average salary for Pharmaceutical and Biotechnology is 34% more than that of All Jobs.
Where can you get paid more, working for a private company or for the government? Public sector employees in Liechtenstein earn 14% more than their private sector counterparts on average across all sectors.