USA Heads Genomics Salary Scale While UK Trails Well Behind
The average salary for a male worker in the UK Genomics sector is 18% higher than the average female salary. This gender pay gap was one of the most striking findings from the Genomics Industry Workforce survey report published last week by Front Line Genomics and Paramount Recruitment. Other findings from the report also provide some fascinating details on national pay gaps, average salaries earned within each function/role, and the average pay rise anticipated this year.
The workforce insights survey compiled responses from 1,283 professionals currently working in the genomics industry in 62 countries worldwide. The key highlights of the survey were provided to all attendees at the 2019 Festival of Genomics last week.
The largest difference between male and female pay is for directors (males earn 52.6% more than females) and managers (males earn 18.6% more). This gap is actually less than last year (where the gaps were directors 56% and managers 30%). For all roles and all functions, the median male salary is higher than the median female salary.
Unlike last year where there was no gap, males aged 18-24 earn 12.7% more than females of the same age. The gap grows in the 25-34 age group where males earn 16.2% more than females and then narrows in the 35-44 age range where males earn 9.1% more than females. The gap grows again at the 45-54 age range where males earn 14.6% more and peaks at the 55 to 64 age range where males earn 30.0% more than females.
Median Salaries by Country
The median salary for genomics industry workers within the USA is $110,000 (£86,477) while the median salary in the UK is just £40,000. The gap between USA and UK professionals has increased since last year’s survey, assisted in part by the worsening pound/dollar exchange rate.
The survey showed that the highest median average salary is received by genomics professionals in the USA followed by Switzerland (£80,975). We then see a significant drop of over £20,000 between these and the next group of countries with Belgium third at £57,958, Germany and the Netherlands at £53,500 and France at £49,041.
Italy has a median base salary of £40,125. The UK sits at £40,000, followed by Spain at £29,425 and India at £9,470. The median salaries have increased since 2018 in all countries except Switzerland and India.
While the median salary in the UK has grown by approximately 5% since last year’s survey, the gap between the UK and other countries has continued to increase (partly impacted by the worsening exchange rate of the GBP versus the dollar and euro).
Paramount Recruitment Director Eugene McDaid said “We are encouraged that the pay gap is less than last year’s survey but it is still very disappointing to see such a high gender pay disparity at managerial levels. It is however positive to see that 53% of the UK survey responders were female and 46% male, which is a much healthier gender balance than in many STEM areas within UK industry.”
The report is available for free on the Paramount Recruitment website.