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Pharmaceutical and Biotechnology Average Salaries in London 2024

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


Average Yearly Salary
116,000 GBP
( 9,640 GBP monthly)

LOW
57,900
GBP
AVERAGE
116,000
GBP
HIGH
206,000
GBP
All salary figures displayed here are per year except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working in Pharmaceutical and Biotechnology in London typically earns around 116,000 GBP. Salaries range from 57,900 GBP (lowest average) to 206,000 GBP (highest average, actual maximum salary is higher).


Salary Variance

The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Pharmaceutical and Biotechnology domain in London exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.

Salaries for specific jobs

Job TitleAverage Salary
Pharmaceutical and Biotechnology
Assistant Pharmacist73,200 GBP
Assistant Pharmacy Director135,000 GBP
Associate Medical Affairs Director182,000 GBP
Bioethics Specialist101,000 GBP
Biofabrication Specialist102,000 GBP
Bioinformatics Scientist168,000 GBP
Bioinformatics Technician76,400 GBP
Biological Scientist176,000 GBP
Biological Technician74,100 GBP
Biomanufacturing Technician84,800 GBP
Biomarker Scientist113,000 GBP
Biomedical Electronics Technician71,400 GBP
Biomedical Engineer71,800 GBP
Biomedical Engineering Director137,000 GBP
Bioprocess Engineer82,000 GBP
Biostatistician109,000 GBP
Biotechnologist 110,000 GBP
Biotechnology Lead Data Manager86,400 GBP
Cell Therapy Scientist148,000 GBP
Chemical Process Technician73,700 GBP
Clinical Consultant111,000 GBP
Clinical Data Manager105,000 GBP
Clinical Data Specialist94,800 GBP
Clinical Informatics Specialist86,300 GBP
Clinical Operations Manager156,000 GBP
Clinical Pharmacist110,000 GBP
Clinical Pharmacy Specialist124,000 GBP
Clinical Programmer54,500 GBP
Clinical Project Manager94,800 GBP
Clinical Research Associate96,600 GBP
Clinical Research Manager152,000 GBP
Clinical Study Manager138,000 GBP
Clinical Trials Compliance Officer176,000 GBP
Compliance Specialist116,000 GBP
Computational Chemist136,000 GBP
Cytology Laboratory Technologist85,600 GBP
Cytotechnologist84,300 GBP
Digital Biomarker Developer103,000 GBP
Digital Health Specialist93,000 GBP
Drug Safety Specialist114,000 GBP
GCP Auditor91,300 GBP
Gene Editing Compliance Officer130,000 GBP
Gene Editing Specialist103,000 GBP
Gene Therapy Researcher119,000 GBP
Hospital Pharmacy Technician84,000 GBP
Manufacturing Engineer88,700 GBP
Medical 3D Printing Specialist83,000 GBP
Medical Affairs Director163,000 GBP
Medical Device Compliance Specialist109,000 GBP
Medical Device Data Analyst102,000 GBP
Medical Device Designer97,800 GBP
Medical Representative 75,300 GBP
Medical Science Liaison125,000 GBP
Medical Technology Writer75,500 GBP
Molecular and Cellular Biologist169,000 GBP
Nuclear Pharmacist107,000 GBP
Pharmaceutical Compliance Auditor160,000 GBP
Pharmaceutical Manager194,000 GBP
Pharmaceutical Manufacturing Lead198,000 GBP
Pharmaceutical Operations Excellence Manager167,000 GBP
Pharmaceutical Process Engineer99,000 GBP
Pharmaceutical Production Assistant Manager117,000 GBP
Pharmaceutical Project Manager113,000 GBP
Pharmaceutical Quality Auditor116,000 GBP
Pharmaceutical Regulatory Affairs Assistant91,700 GBP
Pharmaceutical Regulatory Affairs Manager123,000 GBP
Pharmaceutical Regulatory Affairs Specialist92,600 GBP
Pharmaceutical Representative69,900 GBP
Pharmaceutical Research Associate110,000 GBP
Pharmaceutical Research Scientist155,000 GBP
Pharmaceutical Researcher158,000 GBP
Pharmaceutical Sales and Marketing Manager134,000 GBP
Pharmaceutical Sales Manager162,000 GBP
Pharmaceutical Sales Representative72,400 GBP
Pharmaceutical Supply Chain Manager174,000 GBP
Pharmaceutical Team Leader121,000 GBP
Pharmaceutical Technologist77,700 GBP
Pharmacist101,000 GBP
Pharmacogenomics Expert128,000 GBP
Pharmacovigilance Analyst124,000 GBP
Pharmacy Aide68,600 GBP
Pharmacy Manager155,000 GBP
Pharmacy Stock Controller64,700 GBP
Pharmacy Technician62,700 GBP
Precision Medicine Compliance Analyst114,000 GBP
Precision Medicine Specialist117,000 GBP
Records Management Coordinator58,800 GBP
Shift Encapsulator67,100 GBP
Staff Pharmacist107,000 GBP
Synthetic Biologist124,000 GBP
Telepharmacy Technician64,300 GBP


Pharmaceutical and Biotechnology Jobs Pay Scale and Salaries in London

Median and salary distribution London Pharmaceutical and Biotechnology yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
122,000 GBP or more
10% of people earn
106,000 to 122,000 GBP
20% of people earn
72,500 GBP or less
65% of people earn
72,500 to 106,000 GBP
Minimum Salary
57,900 GBP
Median
111,000 GBP
Maximum
206,000 GBP




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries in Pharmaceutical and Biotechnology in London range from 57,900 GBP (starting average salary) to 206,000 GBP (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.

  • Median Salary

    The median income in the field of Pharmaceutical and Biotechnology is 111,000 GBP, implying that half of the workforce in London earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.

  • Percentiles and Salary Scale

    Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Pharmaceutical and Biotechnology in London earn less than 91,400 GBP, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 130,000 GBP, while 25% earn more than that.

  • Pay Scale Structure

    Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Pharmaceutical and Biotechnology in London. The analysis revealed that roughly 65% of all reported salaries fell within the range of 72,500 GBP to 106,000 GBP. Approximately 20% of salaries were below the 72,500 GBP mark, while 10% ranged from 106,000 GBP to 122,000 GBP. Only 5% of individuals earned a gross salary of 122,000 GBP or higher.

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 in Pharmaceutical and Biotechnology in London 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.


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.
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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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.

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 degree levels across many jobs in Pharmaceutical and Biotechnology in London, 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 certificate 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 United Kingdom costs anywhere from 29,700 GBP to 89,100 GBP and lasts approximately two years. That is quite an investment.

Employees can't expect any salary increases during the study period, assuming they 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 to 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 the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.



Salary and Compensation Comparison By Gender / Pharmaceutical and Biotechnology / London

Salary comparison by gender United Kingdom Pharmaceutical and Biotechnology yearly
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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? In the field of Pharmaceutical and Biotechnology in United Kingdom, the average difference between the salary of male and female employees is 4%.

Male
97,100 GBP
Female-4%
92,900 GBP
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United Kingdom for all Careers

Salary comparison by gender yearly United Kingdom
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Average Annual Salary Increment Percentage / Pharmaceutical and Biotechnology / London

How much are annual salary increments in London for individuals working in Pharmaceutical and Biotechnology? How often do employees get salary raises?

Professionals working in Pharmaceutical and Biotechnology in United Kingdom are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate United Kingdom 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.

United Kingdom / All Professions

Annual Salary Increment Rate United Kingdom
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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 United Kingdom is 7%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Bonus and Incentive Rates / Pharmaceutical and Biotechnology / United Kingdom

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United Kingdom Pharmaceutical and Biotechnology
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100% of surveyed staff in Pharmaceutical and Biotechnology reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.

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

Received Bonus
%
No Bonus
100%

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.

Hourly Average Wage / Pharmaceutical and Biotechnology / London


56 GBP per hour

The average hourly wage (pay per hour) in Pharmaceutical and Biotechnology in London is 56 GBP.This is the rate they get paid for every worked hour.


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

About The Hourly Pay Rate

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 fixed 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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working in Pharmaceutical and Biotechnology in London is 28 GBP. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary Comparison By City

CityAverage Salary
Abingdon88,800 GBP
Birmingham114,000 GBP
Bradford108,000 GBP
Brighton105,000 GBP
Bristol112,000 GBP
Cambridge96,200 GBP
Canterbury90,400 GBP
Chester93,400 GBP
Coventry108,000 GBP
Derby106,000 GBP
Durham92,700 GBP
Exeter97,800 GBP
Gloucester96,900 GBP
Hartlepool95,000 GBP
Kingston upon Hull108,000 GBP
Leeds114,000 GBP
Leicester110,000 GBP
Lincoln99,400 GBP
Liverpool114,000 GBP
London116,000 GBP
Manchester113,000 GBP
Newcastle108,000 GBP
Norwich98,800 GBP
Nottingham109,000 GBP
Oxford102,000 GBP
Peterborough103,000 GBP
Plymouth106,000 GBP
Poole100,000 GBP
Portsmouth104,000 GBP
Ripon90,400 GBP
Salisbury93,500 GBP
Sheffield114,000 GBP
Somerset110,000 GBP
Southampton106,000 GBP
Truro91,700 GBP
Wakefield86,800 GBP
Wells81,300 GBP
Winchester85,100 GBP
Wolverhampton97,200 GBP
York94,600 GBP

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United Kingdom is 4% on average across all career fields.

Private Sector
69,700 GBP
Public Sector+4%
72,800 GBP
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary in Pharmaceutical and Biotechnology in London?

A good and competitive compensation would range anywhere between 111,000 GBP and 130,000 GBP. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for jobs in Pharmaceutical and Biotechnology in London ranges from 57,900 GBP to 91,400 GBP. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


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

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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


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