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PhD Salaries and Lifetime Earnings

PhDs employed across job sectors show impressive earning potential:

“…[T]here is strong evidence that advanced education levels continue to be associated with higher salaries. A study by the Georgetown Center on Education and the Workforce showed that across the fields examined, individuals with a graduate degree earned an average of 38.3% more than those with a bachelor’s degree in the same field. The expected lifetime earnings for someone without a high school degree is $973,000; with a high school diploma, $1.3 million; with a bachelor’s degree, $2.3 million; with a master’s degree, $2.7 million; and with a doctoral degree (excluding professional degrees), $3.3 million. Other data indicate that the overall unemployment rate for individuals who hold graduate degrees is far lower than for those who hold just an undergraduate degree.” - Pathways Through Graduate School and Into Careers , Council of Graduate Schools (CGS) and Educational Testing Service (ETS), pg. 3.

Average salaries by educational level and degree (data from the US Census Bureau, American Community Survey 2009-2011, courtesy of the Georgetown University Center on Education and the Workforce):

The Bureau of Labor and Statistics reports higher earnings and lower unemployment rates for doctoral degree holders in comparison to those with master’s and bachelor’s degrees:

According to national studies, more education translates not only to higher earnings, but also higher levels of job success and job satisfaction:

“Educational attainment – the number of years a person spends in school – strongly predicts adult earnings, and also predicts health and civic engagement. Moreover, individuals with higher levels of education appear to gain more knowledge and skills on the job than do those with lower levels of education and they are able, to some extent, to transfer what they learn across occupations.” - Education for Life and Work (2012), National Research Council of the National Academies, pg. 66.

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phd jobs salary

Research Voyage

Research Tips and Infromation

Unlocking PhD Salaries and Opportunities

PhD Salaries

The pursuit of a PhD represents a pinnacle of academic achievement, epitomizing years of rigorous study, research, and expertise in a specific field. For many, this educational journey is a labour of love, driven by a passion for knowledge and a desire to contribute to the global pool of understanding. However, as one nears the end of this formidable academic odyssey, questions about what lies beyond the ivory tower become increasingly pertinent.

Among the myriad concerns that occupy the mind of a PhD candidate nearing graduation, one that often looms large is the financial aspect. What can one expect in terms of compensation and career opportunities after investing so much in education and research? Understanding the salary landscape for PhD holders is crucial not only for financial planning but also for making informed decisions about the direction of one’s career.

PhD salaries encompass a wide spectrum of earnings based on fields, regions, and industry choices. In academia, postdocs start at around $40,000 while tenured professors can earn $90,000 and above. Private sector salaries often range from $70,000 to well over $150,000, influenced by specialization and experience.

In this article, we delve into the multifaceted world of post-PhD salaries, exploring the diverse factors that influence earnings. From the impact of one’s field of study and geographic location to the varying opportunities within academia, private industry, and public sectors, we aim to provide insights that can assist both current PhD candidates and those navigating their early careers post-doctorate.

Join us on this exploration as we unravel the intricacies of salary expectations for those who have achieved the esteemed PhD, shedding light on the possibilities that await beyond the academic threshold. Through comprehensive analysis and a global perspective, we endeavour to empower individuals to navigate their professional journey with clarity and confidence.

Introduction

How different fields influence phd salary expectations:, how cost of living and job demand in specific regions impact salaries:, variations in phd salary based on working in academia, private sector, government, or non-profit organizations:, typical salary range for postdocs in various fields:, salary expectations for entry-level faculty positions:, salaries increase with experience and tenure:, phd salary ranges in private companies related to different fields of study:, potential salaries in public service or non-profit organizations:, comparing salaries in different countries and regions for phd holders:.

  • International Factors Affect PhD Salary - Exchange Rates and Cost of Living:

Salary Comparison Table for PhD Holders

Importance of networking for better job opportunities and salaries:, encouraging ongoing skill development to stay competitive in the job market:, advice on negotiating salaries and benefits effectively:.

  • Before We Conclude....

Embarking on the path of a PhD is a significant intellectual and academic commitment, representing a scholarly voyage of deep exploration and expertise acquisition in a specialized area of knowledge. It is a journey marked by tireless research, critical analysis, and the creation of original contributions to the academic community. Graduating with a PhD is a hallmark moment, but it also raises important questions about the practical implications of this significant achievement.

Take, for instance, Dr. Sarah, who recently completed her PhD in Environmental Science. After years of devoted research on sustainable agricultural practices, climate change, and environmental policy, she now finds herself standing at the crossroads of academic and professional life. Like many PhD holders, Sarah is eager to apply her expertise and make a tangible difference in her field, but she is also keenly aware of the financial considerations that come with this next step.

This article seeks to address the crucial and often intricate matter of post-PhD salaries. It aims to unravel the enigma surrounding the financial aspect of life after the doctorate, a subject that is of paramount importance to those who have invested years in pursuit of advanced education. The purpose here is to shed light on the salary expectations that individuals with a PhD can anticipate across various sectors, fields of study, and global locations.

Just like Sarah, countless PhD graduates stand on the verge of a new phase in their careers. Understanding the earning potential, salary ranges, and factors that influence compensation is instrumental in making informed decisions. This article endeavours to provide a comprehensive guide, offering insights into the diverse avenues available for Ph.D. holders, and empowering them to navigate the professional landscape with foresight and financial prudence.

Factors Influencing PhD Salary

The field of study significantly impacts post-PhD salaries. For instance, a PhD holder in Computer Science might find higher-paying opportunities compared to someone in Sociology. This is due to the demand for specific skill sets and expertise in the job market. Let’s consider Dr. Alex, a PhD holder in Artificial Intelligence. As the tech industry continues to expand rapidly, professionals with expertise in AI are in high demand, often commanding lucrative salaries in both academia and the private sector.

Geographical location plays a pivotal role in determining PhD salaries. The cost of living, job demand, and regional economic conditions all influence compensation levels. For example, Dr. Emily, a PhD holder in Economics, might find higher-paying opportunities in urban centres like New York City or London due to the higher cost of living and increased demand for economists in financial hubs.

The industry or sector in which a PhD graduate works also heavily impacts their salary. Those in academia, while contributing to knowledge and education, may generally have different salary expectations compared to their counterparts in the private sector. For instance, Dr. Michael, with a PhD in Business Administration, may choose to work in a corporate role, often leading to higher remuneration and additional benefits compared to a position in a non-profit organization focused on social impact.

PhD Salaries in Academia

Postdoctoral positions are a common starting point for many PhD holders aiming for an academic career. Salaries can vary based on the field and location. For example, Dr. Ahmed, who completed his PhD in Biology and secured a postdoc position at a research institution, can expect a salary range of approximately $40,000 to $60,000 per year. However, in specialized fields like biomedical research, postdocs may earn higher, sometimes up to $70,000 annually.

As a PhD graduate progresses to an assistant professor position, the salary range increases. For instance, Dr. Sarah, who recently transitioned to an assistant professor role in Psychology at a reputable university, could expect a salary between $60,000 to $90,000 annually. This range may vary based on factors such as the university’s prestige, geographic location, and the demand for expertise in the field.

As faculty members gain experience and achieve tenure, their salaries typically increase. Dr. Johnson, who has been a tenured professor in Computer Science for over a decade, might earn a salary ranging from $90,000 to well over $150,000 annually, depending on the university’s profile and the region’s cost of living. Full professors, having extensive experience and research contributions, may even earn higher, especially in renowned institutions or in high-cost-of-living areas.

PhD Salaries Outside Academia

In the private sector, salaries for PhD holders can vary widely based on the industry and field of study. For example, Dr. Michael, who holds a PhD in Data Science, might secure a position in a tech company and command a salary ranging from $90,000 to $120,000 per year, given the high demand for data science expertise. On the other hand, Dr. Laura, with a PhD in Marketing, might find positions in consumer research or advertising agencies, earning a comparable salary range in a different industry.

PhD graduates often find fulfilling opportunities in government agencies or non-profit organizations. In these sectors, salaries may vary based on the role, responsibilities, and level of experience.

For instance, Dr. Patel, with a PhD in Public Health, might join a government health department and earn a salary ranging from $60,000 to $100,000 annually, depending on the specific position and location. Similarly, Dr. Nguyen, with a PhD in Education, could work for a non-profit focused on educational development, earning a salary in the range of $50,000 to $80,000 per year.

International Perspective

Salaries for PhD holders can vary significantly on a global scale. For instance, a PhD holder in Computer Science in the United States might earn an annual salary ranging from $70,000 to $150,000. In contrast, in India, a PhD holder in a similar field may earn a range of approximately $10,000 to $30,000 per year. The variation is influenced by factors such as the country’s economic development, demand for specialized skills, and cost of living.

International Factors Affect PhD Salary – Exchange Rates and Cost of Living:

Exchange rates and cost of living are crucial factors affecting salaries for PhD holders in different countries. Consider Dr. Anderson, a PhD holder in Environmental Engineering. If she relocates from the United Kingdom, where she earns £50,000 annually, to Switzerland, a country with a higher cost of living and strong currency, her equivalent salary might be around CHF 80,000. However, despite the seemingly higher salary, the increased cost of living might offset the apparent financial advantage.

Approximate salary comparison table for PhD holders based on working in academia, private sector, government, or non-profit organizations:

Please note that these figures are approximate and can vary based on several factors including location, experience, specific organization, and field of study.

Tips for Maximizing Salary Potential

Networking is paramount for advancing in any career. Dr. Rodriguez, a PhD holder in Finance, attended industry conferences, where she met professionals and academics. Through these connections, she was introduced to job openings that weren’t publicly advertised. Networking helped her secure a position as a financial consultant with a significantly higher salary than she initially anticipated.

Continuous learning and skill development are essential to stay competitive. Dr. Chen, a PhD holder in Artificial Intelligence, regularly took online courses to enhance his programming and machine learning skills. His dedication to staying updated with the latest technologies made him an attractive candidate for a leading tech company, and he was able to negotiate a higher salary based on his specialized expertise.

Dr. Davis, a PhD holder in Business Administration, stressed the importance of negotiation. When offered a position as a senior researcher in a biotech company, he researched industry salary standards and prepared a compelling case for a higher salary and additional benefits. Through effective negotiation, he secured a salary 15% higher than the initial offer, along with flexible work hours.

Before We Conclude….

Please visit my article category RESEARCH CAREERS for various career opportunities for PhD candidates before and after completion of PhD.

Here’s a tabular format listing prominent companies across various domains along with their respective URLs for PhD related career opportunities:

Please note that URLs and job opportunities may change over time, so it’s advisable to visit the respective company websites for the most up-to-date information on job openings and careers.

In this comprehensive exploration, we have dissected the various dimensions of salary expectations after obtaining a PhD. We started by understanding the factors influencing salaries, both within academia and beyond. From field of study and location to industry choice, these factors play a crucial role in determining one’s earning potential. We then examined the diverse salary landscapes in academia, private industry, government, and non-profit sectors. Furthermore, we emphasized the international perspective, shedding light on how salaries differ on a global scale. Lastly, we provided valuable tips on maximizing salary potential through networking, skill development, and effective negotiation.

Armed with the insights presented in this article, we encourage all aspiring and current PhD candidates to delve deeper into the salary landscapes of their respective fields. Further research, consultations with career advisors, and networking within their communities can provide a clearer picture of what to expect post-PhD. Knowledge is the cornerstone of success, and by acquiring a comprehensive understanding of salary expectations, individuals can confidently steer their career paths towards prosperity and fulfilment.

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Psychologist Salary Info: The 9 Highest Paying Careers

Which psychology jobs pay the best salary?

Kendra Cherry, MS, is a psychosocial rehabilitation specialist, psychology educator, and author of the "Everything Psychology Book."

phd jobs salary

Steven Gans, MD is board-certified in psychiatry and is an active supervisor, teacher, and mentor at Massachusetts General Hospital.

phd jobs salary

Psychology can be a high-paying job, but it is important to recognize that there is tremendous diversity among psychology professions, and  salaries and yearly earnings are just as varied. In a struggling economy, many students have turned their interest toward some of the highest-paying careers in psychology. The highest-paying psychologist career salaries average around $167,000.

While many psychology careers have a higher-than-average yearly salary, it is important to remember that actual income depends upon various factors, including geographic location, employment sector, educational background, and years of experience.

Learn more about some of the highest-paying psychology careers, the typical salaries for such professions, and the educational requirements for entering these fields.

Psychiatrist

Average Salary:  $216,090 per year

Educational Requirements:  Considered a medical career, psychiatry is significantly tied to the study and application of psychology. Approximately eight years of post-undergraduate study. After earning a bachelor's degree, aspiring psychiatrists must graduate from medical school and then complete a four-year residency.

Psychiatry is one of the highest-paying fields tied to psychology. However, salaries can vary considerably within this field depending upon your specialty area , where you are employed, and the type of work you perform.

Industrial-Organizational Psychologist

Average Salary: $105,310

Educational Requirements: In most cases, a master's degree in psychology is the minimum training required, although having a doctorate degree may be to your advantage. While there are opportunities available at the master's degree level, earning a doctorate degree in industrial-organizational psychology offers greater opportunities and higher salaries.

Industrial-organizational psychologists use their knowledge of psychology to tackle workplace issues. Increasing worker productivity, selecting the best employees for particular jobs, and developing market research surveys are just a few things that an industrial-organizational psychologist might do.

The Bureau of Labor Statistics reports that I/O psychologists in the scientific research and development industry earned an average annual wage of $122,660. Those employed at colleges, universities, and professional schools earned an average of $110,070.

According to the Society for Industrial and Organizational Psychology , the average salary for a doctorate-level consultant was $167,000.

Neuropsychologist

Average Salary: $90,460 per year

Educational Requirements: A doctorate degree in neuropsychology or clinical neuropsychology is needed to work in this field.

Neuropsychologists specialize in the study of the brain and cognitive science.   People who work in this field often perform cognitive tests, run brain scans, assess people suffering from brain injury, and study how drugs impact the nervous system. They may work at colleges and universities, hospitals, research centers, mental health clinics, and pharmaceutical labs.

Clinical Psychologist

Average Salary: $81,330 per year

Educational Requirements: In most states, clinical psychologists must have a doctorate degree in psychology. In addition to this education, they must also complete one to two years of supervised residency and pass state licensing exams in order to practice as a licensed clinical psychologist.

Clinical psychologists are trained in assessing, diagnosing, treating, and preventing mental illness. This is also the largest area of employment within psychology. Clinical psychologists work in various settings, including hospitals, mental health clinics, and private practice.

The Occupational Outlook Handbook reports that in May 2019, those employed in individual and family services earned an average of $85,140. Those employed in the offices of other health practitioners earned an average of $100,300 per year.

Engineering Psychologist

Average Salary: $79,818 per year

Educational Requirements: Entry-level positions require a master's degree, but those with a doctorate will find greater employment opportunities and better salaries.

Engineering psychologists work to improve the design of systems, operations, and equipment in order to increase efficiency, improve productivity, and minimize injury. As with other specialty areas of psychology, the area of employment plays a major role in determining salary. Engineering psychologists who work in the private sector earn considerably more than those employed in university settings.

Counseling Psychologist

Average Salary: $72,540 per year

Educational Requirements: A PhD, PsyD , or EdD degree is required to become a counseling psychologist.

Counseling psychologists perform many of the same tasks as clinical psychologists such as offering psychotherapy and mental health treatment, but they typically work with clients suffering from less severe forms of mental illness.

While mental health is one of the largest areas within counseling psychology, some people in this field opt to conduct research. They also teach university courses or provide vocational counseling.

Forensic Psychologist

Average Salary: $59,440

Educational Requirements: While there are some jobs available with a master's degree, you will typically need a doctorate degree in clinical, counseling, or forensic psychology.

Forensic psychologists deal with psychological issues related to the law. Some of the duties that a professional in this field might perform include developing psychological profiles of criminals, dealing with child custody issues, investigating child abuse, providing expert testimony, preparing witnesses to testify in court, and offering training to law enforcement.

School Psychologist

Average Salary: $58,360

Educational Requirements: Most states require completing a 60-credit school psychology specialist program, which leads to a master's or EdS degree. Approximately 32% of school psychologists hold a PhD , PsyD, or EdD degree.

School psychologists work within the educational system to diagnose and treat behavior and learning problems in children. They often collaborate with other professionals, including teachers and doctors as well as parents, to help kids overcome social, emotional, behavioral, and academic problems.

According to the Occupational Outlook Handbook published by the U.S. Department of Labor, jobs in this field are expected to grow by approximately 10% over the next decade.

Sports Psychologist

Average Salary:  $55,000 per year

Educational Requirements:  Most jobs require a master's or doctorate degree in sports psychology or in related areas such as clinical or counseling psychology. Sports psychologists  are interested in the psychological components of sports and athletics.  

Professionals in this field often focus on topics such as  motivation  and athletic performance. They utlizie their knowledge of psychology to help athletes perform better or to help people recover from sports injuries.

While salaries for sports psychologists typically range between $60,000 and $80,000, those working with professional athletes often earn over six figures.

What Psych Career Is Best For You? Take the Quiz

This fast and free psychology careers quiz can help you get a better sense for which kind of psychology career might be the best fit for your personality, career interests, salary needs, and more.

Frequently Asked Questions

While specific salaries vary depending on factors including experience and location, psychiatry tends to be the highest-paying psychology-related career.

They can! However, it is important to recognize that individual salaries vary a great deal. According to the U.S. Bureau of Labor Statistics, the median salary for psychologists is $81,040. However, the lowest paid 10% made less than $47,850 per year. Your own salary may depend on factors such as your specialty, training, experience, area of employment, and geographic location.

Psychology can be a good career if it is suited to your interests and goals. The field is expected to experience modest growth in the coming year, and there are always opportunities for growth depending on where your interests lie. The growing need for mental health services and an aging population means that there will be a need for trained psychologists.

A Word From Verywell

Choosing a career is a big decision, and the salary is just one of many factors you need to consider. Money is an important component, but factors such as job outlook and quality of life are also essential.

So is becoming a psychologist worth it? Only you can decide. Think about how a particular career may suit your personality and goals in life before committing. In the end, the best job for you is the one you will enjoy the most and fulfills your personal and professional needs.

Zavlin D, Jubbal KT, Noé JG, Gansbacher B. A comparison of medical education in Germany and the United States: from applying to medical school to the beginnings of residency. Ger Med Sci. 2017;15:Doc15. doi:10.3205/000256

Torpey E. Business careers with high pay.  Career Outlook,  U.S. Bureau of Labor Statistics, 2016.

Kossek EE, Baltes BB, Matthews RA. How Work-Family Research Can Finally Have an Impact in Organizations. Ind Organ Psychol . 2011;4(3):352-369. doi:10.1111/j.1754-9434.2011.01353.x

U.S. Bureau of Labor Statistics. Occupational employment and wages, May 2021: 19-3032 industrial-organizational psychologists .

Society for Industrial and Organizational Psychology. The SIOP income and employment report is here !

Harvey PD. Clinical applications of neuropsychological assessment. Dialogues Clin Neurosci. 2012;14(1):91-9.

Wahass SH. The role of psychologists in health care delivery. J Family Community Med. 2005;12(2):63-70.

U.S. Bureau of Labor Statistics. Occupational employment and wages, May 2019: 19-3031 clinical, counseling, and school psychologists .

Iudici A, Salvini A, Faccio E, Castelnuovo G. The clinical assessment in the legal field: An empirical study of bias and limitations in forensic expertise. Front Psychol. 2015;6:1831. doi:10.3389/fpsyg.2015.01831

Burrow-sanchez J, Call ME, Adolphson SL, Hawken LS. School psychologists' perceived competence and training needs for student substance abuse*. J Sch Health. 2009;79(6):269-76. doi:10.1111/j.1746-1561.2009.00409.x

U.S. Bureau of Labor Statistics. Psychologists: Job outlook . Occupational Outlook Handbook .

Röthlin P, Birrer D, Horvath S, Grosse holtforth M. Psychological skills training and a mindfulness-based intervention to enhance functional athletic performance: design of a randomized controlled trial using ambulatory assessment. BMC Psychol. 2016;4(1):39. doi:10.1186/s40359-016-0147-y

American Psychological Association. Hot careers: Sports psychology .

  • U.S. Bureau of Labor Statistics. Occupational Outlook Handbook. 

By Kendra Cherry, MSEd Kendra Cherry, MS, is a psychosocial rehabilitation specialist, psychology educator, and author of the "Everything Psychology Book."

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  • 25 April 2024

NIH pay rise for postdocs and PhD students could have US ripple effect

  • Amanda Heidt 0

Amanda Heidt is a freelance journalist in southeastern Utah.

You can also search for this author in PubMed   Google Scholar

A crowd of people, many wearing red t-shirts or high-visibility jackets, holding blue and white placards.

Academic workers on a picket line at the University of California, Los Angeles. Credit: Gary Coronado/Los Angeles Times via Getty

Amid a reckoning over poor job prospects and stagnating wages for early-career scientists, the US National Institutes of Health (NIH) said this week that it will raise the salaries of thousands of postdoctoral researchers and graduate students who receive a prestigious NIH research fellowship. The move could boost pay for other scientists as well, because academic institutions often follow guidelines set by the NIH.

Beginning immediately, postdocs who hold one of the agency’s Ruth L. Kirschstein National Research Service Awards (NRSAs) will earn at least US$61,008 per year — an 8% increase and the largest year-over-year increase the NIH has implemented since 2017. Postdocs’ salaries, which are adjusted for years of experience, are capped at $74,088 per year. Graduate students’ yearly salaries will rise by $1,000, amounting to an annual salary of $28,224. The agency will also provide an extra $500 in subsidies for childcare and $200 for training-related expenses.

“This is a major step in the right direction and something that the majority will agree is widely needed to retain talent in the biomedical and academic research sectors,” says Francisca Acosta, a biomedical engineer and postdoc at the University of Texas Health Science Center at San Antonio, who is herself funded through an NRSA.

Postdoc shortage

In 2022, the agency assembled a working group to advise it on how best to retain and cultivate postdoctoral talent , after reports that principal investigators were struggling to fill vacant postdoc positions . In December last year, the panel recommended a minimum salary of $70,000 for postdocs.

The NIH agreed that a salary increase is indeed needed for the more than 17,000 trainees covered by the NRSAs. But in its announcement, the agency acknowledged that the pay rise it has implemented falls short of the council’s recommendation. It cited its tight budget in recent years as a reason.

phd jobs salary

Canadian science gets biggest boost to PhD and postdoc pay in 20 years

It added that “pending the availability of funds through future appropriations”, the agency would increase salaries to meet the recommended $70,000 target in the next three to five years.

The agency also suggested that NIH-funded institutions could supplement salaries in other ways. That presents a challenge, according to Sharona Gordon, a biophysicist at the University of Washington in Seattle, given that the NIH’s modular R01 grants — one of the main NIH research awards with which principal investigators fund their labs — have remained at $250,000 per year since they were introduced in 1998. Such grants cannot be used to supplement salaries, meaning that lab heads have to pull money from other sources to increase trainees’ pay.

Even scientists who approve of the NIH’s move say it could have unintended consequences. “For institutions such as ours, which mandate that the postdoc minimum salary be set to the NIH minimum, there are some concerns that this increase in personnel costs could be a barrier for labs based on funding levels,” Acosta says.

For some, the five-year timeline for the increase feels insufficient. Haroon Popal, a cognitive-science postdoc at the University of Maryland in College Park whose work is funded by the NIH, says that although he understands the pressures on the agency, the new salary will not be enough to support him as he assumes multiple caring responsibilities. Even with the boost, postdoc salaries in academia fall far short of what researchers could make in government, industry or non-profit positions.

“This is an issue of diversity and equity for me,” he says. “The new postdoc salary is not allowing people like me to be in academia, which is counter to the NIH’s, institutions’ and our scientific community’s goals of increased diversity.”

doi: https://doi.org/10.1038/d41586-024-01242-x

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News Release

Tuesday, April 23, 2024

NIH to increase pay levels for pre- and postdoctoral scholars at grantee institutions

Increase applies to more than 17,000 research trainees and includes additional funds for childcare and training-related expenses.

The National Institutes of Health (NIH) will increase annual pay levels for predoctoral and postdoctoral scholars at NIH-funded external institutions who are recipients of the Ruth L. Kirschstein National Research Service Awards (NRSA) . Predoctoral scholars will receive an approximate 4% increase in their pay level bringing it to $28,224, and postdoctoral scholars will receive an approximate increase of 8%, with pay levels beginning at $61,008 and upwardly adjusted based on years of experience. NIH aims to increase these pay levels over the next five years. Eligible recipients also will receive a $500 increase in subsidies for childcare and an additional $200 for training-related expenses. The updated fiscal year 2024 pay levels are informed by recommendations from the NIH Advisory Committee to the Director to better attract and retain postdoctoral scholars. The new NRSA pay levels incorporate the largest year-over-year update since 2017.

“I have accepted the recommendations of the report on this important issue that was provided by my advisory group. NIH and our grantee institutions must invest in pre- and postdoctoral scholars to ensure the future of the biomedical research workforce and enterprise remains strong and globally competitive,” said NIH Director Monica M. Bertagnolli, M.D. “This revision of pay levels for NRSA recipients is just a first step toward reaffirming their value and ensuring they are appropriately compensated, and I am hopeful these continued efforts help us attract and retain our nation’s brightest scientific minds.”

While the amended pay levels do not reach the full funding increase recommended by the advisory group, NIH selected the current plan to allow for an immediate pay increase without drastic cuts to the number of available NRSA awards, though a small reduction in the number of positions is expected. The increase is based on current NIH funding levels, which remained flat in the constrained budget environment. Pending the availability of funds through future appropriations, NIH plans to further increase stipend funding levels over the next three to five years to reach the advisory group’s recommended starting pay level of $70,000 annually for postdoctoral NRSAs. Additionally, NIH-funded institutions may supplement NRSA recipients’ new pay levels with additional, non-NIH funds and/or benefits.

“NIH is committed to improving the experience of postdoctoral scholars and helping them thrive in a competitive biomedical research environment,” said Mike Lauer, M.D., NIH deputy director of extramural research. “I believe implementation of these recommendations will go far in giving these scholars the sense of job security and career prospects that will lead to long careers in biomedical research.”

The pay-level increase was informed by recommendations of NIH’s Advisory Committee to the Director (ACD). Those recommendations were based on significant feedback from the research community and a report from a special working group the ACD convened. The working group was charged with undertaking several evaluations to determine how best to build on current NIH efforts to improve the biomedical workforce. The NIH ACD provides input on a variety of matters pertinent to NIH’s responsibilities to conduct and support of biomedical research, medical science and biomedical communications.

About the National Institutes of Health (NIH): NIH, the nation's medical research agency, includes 27 Institutes and Centers and is a component of the U.S. Department of Health and Human Services. NIH is the primary federal agency conducting and supporting basic, clinical, and translational medical research, and is investigating the causes, treatments, and cures for both common and rare diseases. For more information about NIH and its programs, visit www.nih.gov .

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    Here are nine careers that you can pursue after earning a Ph.D. in biology. For the most up-to-date Indeed salaries, please click on the links below: 1. Postsecondary biological sciences teacher. National average salary: $53,712 per year Primary duties: Postsecondary biological sciences teachers lecture biology students on various related ...

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    Quantitative Researcher - 2024 PhD Graduate. Citadel Securities. Chicago, IL 60603. ( The Loop area) Monroe Blue. $225,000 - $275,000 a year. Job Description At Citadel Securities, our mission is to be the most successful investment team in the world.

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    The U.S. National Institutes of Health (NIH) announced pay increases today for early-career scientists who are recipients of its Ruth L. Kirschstein National Research Service Awards (NRSAs), after an NIH advisory group recommended raises in December 2023.Postdocs will now be paid at least $61,008, an increase of $4500 over their current minimum salary level—though still below the advisory ...

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