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 The information contained in this article may not be published, broadcast or otherwise distributed without prior written authorization.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.

 

Dr. Samuel Dyer is the Chairman of the Board of the MSL Society and the author of “The Medical Science Liaison Career Guide: How to Break Into Your First Role“, the first step-by-step guide ever published on how to successfully land your first MSL role.