The Medical Science Liaison Society published the results of its 2nd annual global Medical Science Liaison salary and compensation survey at the end of December 2015. The 2015 survey revealed a range of salary-related data. The primary purpose of the survey was to gain a better awareness of the current MSL and MSL Management salary and compensation levels for individuals employed within the pharmaceutical, medical devices, biotechnology, and other healthcare companies.
There is a number of key aspects to recruitment and retention of the most qualified MSLs and MSL managers, but salary remains one of the most important. However, no reliable nor robust data on MSL salary and compensation levels was available before the MSL Society’s MSL Salary & Compensation Survey. The 2015 survey includes responses from 1,259 professionals working as an MSL or MSL manager across 69 countries, making it the largest, most reliable global MSL salary database.
While recruitment and retention of the most suitably skilled and knowledgeable team members rely on numerous factors including working conditions, job satisfaction and the opportunity for development and advancement, salary and compensation remain one of the key elements in attracting the right talent. Compensation for both MSLs and MSL managers is influenced by company type, specific role, and longevity of the career. The 2015 survey results established the average salary for MSLs overall, new MSLs as well as MSL management in the U.S.
To learn more about the starting and average salary among MSLs and management in the U.S., read the full published article in the March issue of THE MSL Journal
Copyright 2013-2018 The Medical Science Liaison Society. All rights reserved. The information contained in this article may not be published, broadcast or otherwise distributed without prior written authorization. The MSL Society is a 501(c)(3) Non-Profit Organization dedicated to advancing the global MSL career.
For the first time, gender pay gaps have been studied among Medical Science Liaisons (MSL) and MSL Management. Although gender pay gaps have not been studied within the Medical Science Liaison profession specifically, they have been investigated in numerous professions within healthcare and the pharmaceutical industry, including pharmaceutical and biotech sales representatives, healthcare sales, and medicine.
The Medical Science Liaison Society recently conducted the 2nd annual global survey on Salary and Compensation levels for both Medical Science Liaisons (MSLs) and MSL Management, which included salaries for both groups based on gender. While the primary purpose of this survey was to gain a better insight into the present level of MSL and MSL Management salary and compensation levels across biotechnology, pharmaceutical, medical devices, and other healthcare companies, gender pay gap differences were revealed for the first time. Several groups were evaluated in the study including MSLs in the U.S. and globally, new MSLs in the U.S. and globally, and MSL managers in the U.S. and globally.
See the full article in the March issue of The MSL Journal
Copyright 2013-2018 The Medical Science Liaison Society. All rights reserved. The information contained in this article may not be published, broadcast or otherwise distributed without prior written authorization. The MSL Society is a 501(c)(3) Non-Profit Organization dedicated to advancing the global MSL career.
Thanks to all those who participated in the 2015 MSL Salary & Compensation Survey conducted by the MSL Society. We had 1,259 MSLs and managers from 69 countries participating!
It was an awesome response and we gained insights into current global MSL salary and compensation levels across pharmaceutical, biotechnology, medical devices, and other healthcare companies.
The 2015 survey is our 2nd annual global survey on global MSL Salary and Compensation levels. Last year’s survey was the first ever global survey conducted of its kind on MSL salary and compensation. Like last year, the primary purpose of this year’s survey was to gain insights into current global MSL salary and compensation levels across pharmaceutical, biotechnology, medical devices, and other healthcare companies.
Our 2015 survey is THE largest database of MSL salaries, and as a result, it is the most comprehensive and authoritative resource on global MSL salary and compensation levels. The data is available in multiple versions including the full global results and individual reports for the 9 countries that had the greatest number of responses including Australia, Brazil, Canada, France, Germany, Italy, Spain, U.K., and the USA.
We broke down each section representing several salary topics including salary ranges, salary by degree, salary by role (MSL, Sr MSL etc), salary by years of experience, salary by academic degree, and salary by company type (large pharma, small pharma etc).
Like all our research, all the slides are available Free for all members of the MSL Society as well as to those who participated. We hope the MSL community will continue to participate in all future MSL Society research. Our goal is to add value to the global MSL community.
We strongly believe this type of information should be readily available and free! We will NEVER sell the data to anyone!
Everyone who participated received a link via email to download all the reports. All members of the MSL Society can download all reports under the “resources” tab then “MSL Reports” on the MSL Society website.
We hope the MSL community finds the information valuable!
Copyright 2013-2018 The Medical Science Liaison Society. All rights reserved. The information contained in this article may not be published, broadcast or otherwise distributed without prior written authorization. The MSL Society is a 501(c)(3) Non-Profit Organization dedicated to advancing the global MSL career.
According to Weddle’s Fast Facts on Job Boards, there are now over 100,000 online job boards. The process of trying to find an ideal match using an online job board can seem an overwhelming task with a significant opportunity cost to recruitment staff and job seekers.
Online job boards have primarily been dominated by a small group of major boards such as Monster, CareerBuilder, SimplyHired, Indeed. The current trend in online recruitment is the use of targeted niche job boards that focus on a specific industry, job title, or geographic location. Niche boards make the search process more effective and efficient for both recruiters and job seekers especially for very specific roles like the MSL role where it is difficult to narrow the search.
While it is true that as a candidate you can narrow your search parameters with the major boards and get email alters when jobs matching your search criteria are posted, it remains a hit and miss experience. Many times these job alerts present opportunities that are not related to your search criteria. In many cases, the job listings are outdated so that your résumé is never even seen by anyone. For recruiters, some have reported that when they post a job on many job board that if they get 100 applications for a role they have they feel they are lucky if 1 is a viable candidate.
If you have sent resumes and not getting responses it may be that employers have blocked incoming email from these sites once the position has been filled or during peak work hours to avoid overloading their IT system. According to research conducted by Beyond.com, peak business hours for job seekers, 10am-2pm, coincide with that of most employers so that it may happen that your resume never reaches the email of the appropriate hiring manager.
Not all jobs boards are created equal. Some possess superior technology, along with an impressive history of helping companies and job seekers find one another in very targeted ways. Before signing up with any niche job board, it pays to follow a few basic guidelines as outlined below:
Make sure the website can produce results: The website should allow you to focus your search on your very specific needs and to be able to interact with employers.
Experiment with the website and post your resume: If the site is user-friendly, that is a good sign. It should be very easy to search job listings or post your resume. If it is not easy or you cannot post a resume to the site, this is a mere advertising website and not a job board.
Establish search criteria: Test the board by creating a set of keywords most appropriate to the company and job you seek. Input these keywords into the search bar and evaluate the quality of results. If the board returns few, if any, results, you will know it is not a viable resource for your particular career goals.
Copyright 2013-2018 The Medical Science Liaison Society. All rights reserved. The information contained in this article may not be published, broadcast or otherwise distributed without prior written authorization. The MSL Society is a 501(c)(3) Non-Profit Organization dedicated to advancing the global MSL career.
