What's the actual issue, though? Is there something bad that this effect is causing?
What's the actual issue, though? Is there something bad that this effect is causing?
If you did a PhD in Biochemistry, you could make $100-200k a year plus stock working 40-50 hours a week at most working for Pfizer in Cambridge MA instead of earning around $60k working 50-60 hours as a Postdoc at a regional Boston based program like BU or Northeastern - you have to pay the same amount for rent and groceries, but you earn half as much and work much longer hours.
At that point, the only reason to be a postdoc is to get your foot in the door if you went to a less recruited program or are from abroad.
For example, in the article - “My personal experience is that Americans were always less willing to put up with conditions that foreigners like myself had to put up with,” says McDowell, who moved from the United Kingdom to the United States for a postdoc in biomedicine.
Companies aren't going to invest in experimental research in the biotech space as the costs are so high.
Most compounds end up getting validated in some way shape or form by researchers, then productionized by the private sector.
This has a pipeline effect on development in the industry.
For example, mRNA Vaccine research was purely experimental research done by postdocs and junior researchers at UPenn in the 1990s, before being commercialized by BioNtech and Moderna in the mid-2000s.
The fundamental issues with postdoc salaries and grantmaking lies with the US Government. It is the grantmakers like the CDC, NIH, CMS, DARPA, etc that essentially set postdoc salaries for grants.
And these agencies are completely averse to change.
Furthermore, us in industry are NOT going to fund fundamental or experimental research due to relatively low margins.
The PI is typically a tenured or tenure track professor, who got the job based on their research ability, but now they are relegated to an office, teaching 1-2 classes/semester, writing grants, reviewing papers for free for for-profit journals, reviewing grants for NIH/NSF, etc.
Grad students are not well motivated, not skilled, need lots of training, take classes, need to work on a thesis, and often times also teach. So they are low output and high time investment.
Postdocs require little-to-no time investment as they already have most prerequisite skills, have no other obligations beyond research, and sometimes even bring their own funding. They are basically professional researchers and are by far and away the most productive members of any given research group.
I was recruited pretty heavily relative to my peers, when I finished up my biochem PhD. Clearing $100k was actually a pretty tall order without a postdoc. There are jobs out there, and I managed to get one of them, but they were very competitive. With a postdoc, $150k was on the low end, but also still competitive. Basically no one is hiring at $200k in biotech, beyond director roles.
When? Your numbers don't make sense in the late 2010s to present.
Even my friends working as Sr Associate Scientists (BS only) for employers like Pfizer or Biogen are earning $100-140k base after barely 2 YoE, and younger friends and family of mine are getting $100-110k base for new grad roles now
Take a quick look at Indeed:
https://www.indeed.com/jobs?q=structural+biologist&l=Boston%...
Amgen, Senior Scientist - $125-$150
UCB, Scientist I - $96-$125
Noblis, Molecular and Cellular Biology Specialist - $109,100 to $190,900 with 8+ years of relevant experience.
Actalent, Sr. Engineer of Internal Cell Culture Development and Manufacturing - $80-$115
Which program did you do your PhD at!!!!
Even UCSC has a stipend of $24k, BU a stipend of $27k, and UIUC a stipend of $25k.
No offense, but it's sounding like you attended a non-target program. At that point it absolutely makes sense to switch to software.
Also, you may need some hiring mentorship. Indeed is not the best platform for roles.
Also, Assoc to Sr Assoc is just 1.5-2 years so you are absolutely going to break $100k in 2 years
I wasn't a great undergraduate and didn't have the background I'd have liked for the field I went into. I took a gamble on myself and it paid off, but yeah, there are some PhD programs out there that do pay a bit more. However, I am aware of a couple that actually paid less.
Just saying "R1, public land grant university" isn't relevant.
> I wasn't a great undergraduate and didn't have the background I'd have liked for the field I went into
That was your problem. Not "H1Bs" or "foreign" researchers.
UC Berkeley alone can graduate around 700-800 Bio and bio related undergrads (MCB, Chemistry, etc) a year. Let alone the dozens of other similar programs (UCs, UMich, UW, Big 10, Ivies, etc)
That said, with your background in structural bio you will do well in the bioinformatics and potentially even ML space, and will probably be able to realize some actual changes that you wouldn't be able to in the more traditional and hierarchical system that exists today in Life Science research.
There are 146 R1 universities in the United States. There are about 35 in the western half of the United States. There are no R1 universities in Alaska. There are 105 public R1s. R1 universities are widely considered the top tier for PhDs. In my field, I had a once in a lifetime opportunity to get hands on training with a new, otherwise inaccessible technique. I did well, and like I said, was recruited heavily. This included turning down a job at the premier institute in Germany where this technique (cryo-electron microscopy) was basically developed. My PI was prestigious and well respected in the field. His previous students went on to ultimately take director positions at places like Pfizer.
Yes, I could have taken $30k/year to go a school on the California coast, but it'd have come out to about the same once you adjust for cost of living.
>That was your problem. Not "H1Bs" or "foreign" researchers. $16,800 is not significantly less than what other PhD programs I looked at were paying. Low 20s was pretty common.
From what I remember, Cornell was paying like $24k/yr at the time.
Add that it's a temp job with no security and fewer people want to sign up. So a lot of cutting-edge research can't get done.