MassBioEd Releases Annual BioWages Guide Highlighting Salary Information for the Life Sciences Industry in Massachusetts

Apr 04, 2019

As competition for STEM talent soars, MassBioEd’s BioWages Guide offers hiring and HR managers critical information in an affordable way 

April 4, 2019 (CAMBRIDGE, MA) – The Massachusetts Biotechnology Education Foundation (MassBioEd) has released its annual Massachusetts BioWages Guide, a comprehensive resource containing salary information for life sciences companies in the Commonwealth. MassBioEd seeks to communicate relevant and timely job market data to all participants in the workforce development spectrum – job seekers, students, academic faculty and career guidance staff, policymakers, and companies. The Massachusetts BioWages Guide serves as a low-cost resource providing salary information for many scientific and non-technical positions throughout the industry.

“Human resources professionals are consistently pressured to find top talent in an increasingly competitive labor market. However, information on industry salaries can come at a substantial price,” said Karla Talanian, Manager of Labor Market Research, MassBioEd. “We developed the Massachusetts BioWages Guide to ensure that all employers can access a lower cost resource for salary information.”

Updated annually, the BioWages Guide, includes:

  • Salary data for 157 professions, including additional fields, such as intellectual property and bioinformatics.
  • 46 positions at the director level and above.
  • 111 scientific and corporate operations positions.
  • Salary and incentive data for ALL positions.
  • Data for ALL positions are presented based on state-wide average and for locations within Boston and Cambridge.

All data was extracted through Economic Research Institute’s (ERI) Salary Assessor tool. As ERI states: “ERI collects data from thousands of available salary surveys. It collects available salary survey data for jobs and areas; evaluates each survey for validity, reliability, and use and compiles updated market values for positions with comparable responsibilities.”

To purchase the report, please visit: https://www.massbioed.org/events/426-massachusetts-biowages-guide-2019.

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About the MassBioEd Foundation

Our mission is to build a sustainable life sciences workforce through educational programs that inspire and propel students, engage and excite teachers, and illuminate the pathway from the classroom to careers.  A 501(c)(3) charitable non-profit organization, MassBioEd serves the region by training high school educators, increasing the awareness of high school, college, and post-graduate students to career opportunities within the life sciences industry, providing job trends analyses, and advancing the exchange of ideas between educators and employers to create a world-class life sciences workforce. https://www.massbioed.org/.

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