Biomedical Sciences Blog

The stipend and salary levels for undergraduate, predoctoral and postdoctoral trainees and fellows are adjusted about at least every other year. Here I want to show you some current guidelines.

First, the guideline from the federal funding resources, the most famous example is NIH. Unfortunately, the levels remain the same with FY 2006.

Career Level			Stipend for FY 2007
Undergraduates in the MARC and COR Programs:
Freshmen/Sophomores		$7,812
Juniors/Seniors		$10,956
Predoctoral		$20,772
Postdoctoral
Years of Experience:
	0	$36,996
	1	$38,976
	2	$41,796
	3	$43,428
	4	$45,048
	5	$46,992
	6	$48,852
	7 or more	$51,036

Next, when I checked industry postdoc programs, I was shocked by their offered benefits. Look here for Genentech postdoctoral programs.

Postdoc starting salaries are as follows:

Yrs. of Previous Postdoc Experience Annual Starting Salary 0 $49,000 1+ $52,000

Postdoc salaries will increase each year at Genentech based on satisfactory performance.

In addition to salary, postdocs are also eligible for GenenChecks, cash bonuses awarded to a team or an individual when an extraordinary milestone is reached.

Consistently recognized as one of the top companies to work for in the United States, Genentech offers employees one of the most comprehensive benefits programs in the industry.

Postdocs are eligible for the following benefits:

Medical
Dental
Vision
Life and Disability Insurance
Stock Purchase Plan
401(k)
12 Paid Holidays
Vacation Time (3 Weeks)

What do you think? Wanna jump into the industry?