The divide between compensation for R&D staff in industry and academia continues to widen. Median average salary in a private organization is now $30,000 more than in academia. Despite the economic downturn, life sciences execs as a whole are targeting a 9% average increase in their cash compensation in 2008; CEOs are even more aggressive, aiming for an average 12% rise to $400,000. Top execs based in New England make the most on average; those in the Midwest receive 20–33% less.

Median salaries in industry and academia

Life sciences executive perks

Biotech employees, revenue R&D

Life sciences executives' cash compensation

Employment at public biotech companies by region

Cash compensation by US region