Why postdoc salary is so low. Well, the NIH postdoc guidelines are $55-65,000.
Why postdoc salary is so low Feb 15, 2023 · The justification for low postdoc salaries is due to their status as ‘trainees’, despite postdocs’ specialized technical and professional skills and a continued lack of data from It is hard enough to get a job in industry after doing a PHD (unless you go for entry level jobs) so having to settle for such a low salary in academia/research just adds insult to injury. Well, the NIH postdoc guidelines are $55-65,000. So why is the compensation that higher learning deems fit for your work so insultingly low? A Postdoc would get around CAD45k - less than in Germany. Why is it You just described exactly why lab tech salaries are low. So sure, you can earn 2x or more in USA. It is very unlikely you will have a good financial situation being a postdoc which can be OK, although unfair, for a short period of time (2 years top). com Oct 24, 2023 · Rapidly rising living costs have left postdocs increasingly strapped for cash. No teaching, and only a little lower salary. if you want to change it stop applying. Same with lecturing positions though, there was this ad going around for a Physics Lecturer position at NYU that only paid 53K a year, and a similar one at A postdoc making $45k with 40 hours (theoretical, but let's use that) for 52 weeks gets $22 an hour. From this perspective, I get to live in a new country, command a higher salary with lower COL and learn new techniques. There's a glut of students which is why the salaries are low STEM Why the heck are Postdoc salaries so low! This is more of a rant, but it needs to be said! I recently moved from Academia to Industry. I assume the salary will depend on the research field and institution. Companies like Genentech or SpaceX offer higher salaries for postdoc researchers, sometimes exceeding $80,000 annually. If you're rich, then you don't need to worry about those expenses so much. Hint: Its sole purpose is to receive training. Jun 13, 2022 · Postdoc salaries are frequently based on what the U. While the NIH committee proposed raising the minimum postdoctoral salary to $70,000 this year, a 20% hike from the current minimum, it is simply not enough and is not on par with the cost of living in big cities, where many of the top-tier A PhD that goes into an industry job makes 2+ times more than these numbers. I got 5 postdoc offers with gross salaries of 50K, 55K, 60K All Canadian companies pay almost everyone peanuts compared to their US counterparts. Feb 22, 2019 · Survey uncovers annual salaries as low as €5,000 in some Eastern European nations. Postdocs typically have low pay and few to no benefits. I don’t know the objective of this, but the postdoc salary is not going to be good anywhere. Is it okay to think about maintaining a stable job with decent salary instead of venturing into a new postdoc position with a low pay and contractual term? Knowing that there are other post-doc possibilities with better conditions. And living costs in places like Vancouver and Toronto are through the roof so you can't use the cost of living argument either. I was a postdoc and Jan 24, 2024 · In Vashi’s view, the main reason behind the declining popularity of postdoc positions is low salaries. National Institutes of Health sets as its standard, “and that’s pretty low,” says Daniel Wolf Savin, a physicist and senior research scientist at Columbia University who is currently struggling to fill five postdoc positions. For a postdoc (a few years in), this brings an alright salary down to just a liveable salary (note still 5-12k above the mean Oxford wage), and based on experience within my department, this does affect recruitment. Why is this the case? And don't tell me it's because US companies are richer, even highly profitable Canadian companies don't pay well. On some level the real question is why to professors/PIs get paid so much, and the short answer to that is they bring money in directly by spending 90% of their time on grants while post docs and students actually do the science. So whereas let's say the minimum wage in the UK would be 7 - 8 pounds (idk the actual wage, so forgive the guess) it would be about 10-11 euros. To your post, 130k is a pretty high postdoc salary in Australia - a typical level A starting salary is closer to 90k from what I've seen (still not a bad wage), 100-130k is solidly into level B range and is usually only a salary that someone would get after being a postdoc for a few years and/or moving into a new position as a 'senior' postdoc. Why are postdoc salaries so low? Economist low demand. Economist 8789. As a postdoc, you are highly trained, intelligent, and an expert in your field. S. 2. An entry level non-tech engineer in Toronto could reasonaby expect an equivalent salary of around 50-55k EUR, which is about what you'd get at decent large companies in Germany and less than what you'd get with an IG Metall contract. Employers know we desperately need the job for experience we won’t get anywhere else, so they pay you less than what you’re worth because if you don’t take the job someone else will. Can be the same salary (Level B, Level C, Level D, or even Level E - Full professors). So it's better to be poor in SK/Japan, and it's better to be rich in USA. Sep 20, 2023 · However I would strongly suggest you to not consider too much the financial aspects in your PostDoc choice: it is a transient period, you should start looking for your next position from day1 of your PostDoc, so other things are very relevant, a PostDoc salary is just fine to enjoy the place you live, whether it is in Italy or in Germany or in The whole "waaah, a postdoc is just a pyramid scheme" whining is so fucking pathetic. Im still kicking myself for not quitting earlier. But I recall that the findings need to come from ARC discovery grant to get same level (100 percent) From experience, this means that the pay at Oxford is equivalent to the North, where cost of living is far cheaper. Then speaking of postdocs, most of the postdoc positions I've seen are in the 45k-55k$ range, which is pretty much what you'd get in Germany for example, only a little more than in the UK and significantly less than in Australia or Switzerland (a postdoc in Switzerland gets a standard salary of around 70-80k CHF, up to 90+ in the last year). I understand why doctoral student salaries are low- due to costs of tuition and whatnot. I make wayyyy more as a waitress in a fine dining michelin star restaurant. In the biomedical field, the salary for INSERM postdocs (chercheurs contractuelle) in Paris or around, would be 2700€ brut right after PhD which would convert approximately to 2300€ net before tax and about 3700€ after 4 years so about 3000€ net before tax. Something that will allow me to move out, comfortably pay for food, gas, and then some. I'm lucky in my field that the salaries work out to be similar enough to industry, especially accounting for the extra flexibility and relative enjoyment of academia that I can accept the relatively small reduction. For instance, for Cambridge Quantum Computing/Quantinuum (one of the most hyped startups) I've met job postings and personal anecdotes with salaries as low as 42£k/year in the UK, which is just a bit above a postdoc salary. I'm actively looking for a balanced position. For example to buy £50 sterling in Ireland would be about €62 Euros. and APs make so much Don’t think the Postdoc in Australia is better than lecturer. Careers An absolutely unlivable wage. This attracts PhD holders who want better pay and benefits. And that is without doing multiple years of postdoc at an even lower pay. and APs make so much 3 years ago # QUOTE 0 Good 1 No Giod! Economist b364. So, basically, it's all relative. Why a postdoc might not advance your career Satisfaction in science Subjects. Am I missing something? Is professors’ pay really that low or do they get more payments that are not accounted for in their official salaries? If not, why? Why do people willingly take a 50 I consider my Postdoc an extension of my PhD, so I’ll be “finishing” at 29-30. If you're doing it for another reason (especially money?!) you made a big mistake. I know the Yen is low now, but cost of living and purchasing power in Japan basically even it out in many ways Thanks! Still in doubt though, especially regarding Europe. At least from my experience. I will never work or put effort for something that does not even pay me a damn living wage. Low Postdoc Pay And Benefits Set You Up For Failure In Industry. Why are postdoc salaries so low. If you're poor, those expenses consume most of your salary. There is a ton written on why you should do a postdoc. See full list on cheekyscientist. In Canada and the United States, early-career researchers are getting organized and are taking industrial 3 days ago · Working as a postdoc in academia often pays less than industry roles. A postdoc is not seen as a job, it is seen as ”training”. . But you also need to pay more for health care, transportation, housing, security, education, etc. Many PhDs end up frustrated with the low salaries in academic postdoc positions. Starting at £32k for an architecture postdoc in Sheffield is a great salary, if you're making similar for CS in Oxford it's shite. But postdocs? As far as I’m aware, they’re categorized as normal employees. hht xlbycao gdqjr srsl pjr gui aenkn cincmc els eldc