How much money does a person working in Pharmaceutical and Biotechnology make in Albania?
Average Monthly Salary
( 1,550,000 ALL yearly) LOW
A person working in Pharmaceutical and Biotechnology in Albania typically earns around 129,000 ALL per month. Salaries range from 64,300 ALL (lowest average) to 229,000 ALL (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
|Assistant Pharmacist||84,300 ALL|
|Assistant Pharmacy Director||156,000 ALL|
|Associate Medical Affairs Director||221,000 ALL|
|Bioinformatics Scientist||186,000 ALL|
|Bioinformatics Technician||86,000 ALL|
|Biological Scientist||201,000 ALL|
|Biological Technician||86,500 ALL|
|Biomedical Engineer||84,700 ALL|
|Biomedical Engineering Director||165,000 ALL|
|Biotechnologist ||130,000 ALL|
|Biotechnology Lead Data Manager||100,000 ALL|
|Chemical Process Technician||96,600 ALL|
|Clinical Consultant||133,000 ALL|
|Clinical Data Manager||130,000 ALL|
|Clinical Data Specialist||120,000 ALL|
|Clinical Operations Manager||187,000 ALL|
|Clinical Pharmacist||129,000 ALL|
|Clinical Pharmacy Specialist||152,000 ALL|
|Clinical Programmer||67,800 ALL|
|Clinical Project Manager||120,000 ALL|
|Clinical Research Associate||115,000 ALL|
|Clinical Research Manager||188,000 ALL|
|Clinical Study Manager||164,000 ALL|
|Compliance Specialist||134,000 ALL|
|Cytology Laboratory Technologist||101,000 ALL|
|GCP Auditor||117,000 ALL|
|Hospital Pharmacy Technician||94,800 ALL|
|Manufacturing Engineer||111,000 ALL|
|Medical Affairs Director||195,000 ALL|
|Medical Representative ||84,500 ALL|
|Medical Science Liaison||143,000 ALL|
|Molecular and Cellular Biologist||219,000 ALL|
|Nuclear Pharmacist||137,000 ALL|
|Pharmaceutical Manufacturing Lead||240,000 ALL|
|Pharmaceutical Operations Excellence Manager||220,000 ALL|
|Pharmaceutical Process Engineer||122,000 ALL|
|Pharmaceutical Production Assistant Manager||142,000 ALL|
|Pharmaceutical Quality Auditor||140,000 ALL|
|Pharmaceutical Regulatory Affairs Assistant||106,000 ALL|
|Pharmaceutical Regulatory Affairs Specialist||111,000 ALL|
|Pharmaceutical Research Associate||130,000 ALL|
|Pharmaceutical Research Scientist||202,000 ALL|
|Pharmaceutical Researcher||194,000 ALL|
|Pharmaceutical Sales and Marketing Manager||160,000 ALL|
|Pharmaceutical Sales Manager||182,000 ALL|
|Pharmaceutical Sales Representative||90,400 ALL|
|Pharmaceutical Supply Chain Manager||195,000 ALL|
|Pharmaceutical Team Leader||136,000 ALL|
|Pharmaceutical Technologist||97,200 ALL|
|Pharmacy Aide||85,400 ALL|
|Pharmacy Manager||186,000 ALL|
|Pharmacy Stock Controller||75,900 ALL|
|Pharmacy Technician||74,900 ALL|
|Records Management Coordinator||71,200 ALL|
|Shift Encapsulator||73,700 ALL|
|Staff Pharmacist||125,000 ALL|
Pharmaceutical and Biotechnology Jobs Salary Distribution in Albania
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The median, the maximum, the minimum, and the range
Pharmaceutical and Biotechnology salaries in Albania range from 64,300 ALL per month (minimum average salary) to 229,000 ALL per month (maximum average salary, actual maximum is higher).
The median salary is 132,000 ALL per month, which means that half (50%) of people working in Pharmaceutical and Biotechnology are earning less than 132,000 ALL while the other half are earning more than 132,000 ALL. 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 88,200 ALL while 75% of them are earning more than 88,200 ALL. Also from the diagram, 75% of people working in Pharmaceutical and Biotechnology are earning less than 184,000 ALL while 25% are earning more than 184,000 ALL.
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?
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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. ”
Salary Comparison By Education
How does the education level affect your salary?
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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 Albania costs anywhere from 480,000 Lek(s) to 1,440,000 Lek(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
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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 in Albania who work in Pharmaceutical and Biotechnology earn 7% more than their female counterparts on average.
Percentage increase and decrease are relative to the previous value
Salary Comparison By Gender in Albania for all Careers
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Pharmaceutical and Biotechnology Average Annual Salary Increment Percentage in Albania
How much are annual salary increments in Albania for Pharmaceutical and Biotechnology professionals? How often do employees get salary raises?
Pharmaceutical and Biotechnology
Pharmaceutical and Biotechnology professionals in Albania 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.
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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.
Albania / All Professions
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 Albania is 2%.”
Annual Increment Rate By Industry 2020
Listed above are the average annual increase rates for each industry in Albania 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.
Worldwide Salary Raises: All Countries and All Jobs
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Pharmaceutical and Biotechnology Bonus and Incentive Rates in Albania
How much and how often are bonuses being awarded?
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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.
64% of surveyed staff in Pharmaceutical and Biotechnology reported that they haven't received any bonuses or incentives in the previous year while 36% 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.
Types of Bonuses ConsideredIndividual 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 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.
A graphics designer working for a graphics designing company.
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.
Pharmaceutical and Biotechnology Hourly Average Wage in Albania
ALL per hour
The average hourly wage (pay per hour) in Albania is 740 ALL. This means that the average person in Albania earns approximately 740 ALL 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
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The average salary for Pharmaceutical and Biotechnology is 34% more than that of All Jobs.
Salary Comparison By City
Government vs Private Sector Salary Comparison
Where can you get paid more, working for a private company or for the government? Public sector employees in Albania earn 14% more than their private sector counterparts on average across all sectors.
Percentage increase and decrease are relative to the previous value