What makes this especially difficult is that the same title (e.g., "Medical Director") may have a salary range of $120-150k in one industry and a range of $250-280k in a different industry. So, if you check online salary calculators (like the ones found on Salary.com, Monster.com, etc.) you won't find an accurate salary figure for a position like "Medical Director" because that position can mean 100 different things in 100 different industries.
Did you know that many non-physicians hold the title "Medical Director"? Some are nurses, others are pharmacists, some have a PhD, and others don't have any clinical background. These individuals are director-level executives for the department of medical affairs.
So how do you get some salary data for a particular industry? You need to speak with recruiters and other human resource professionals who can get you grounded so that you have a realistic expectation for salary. I (and other career coaches) work with physicians all the time to discuss salary because I work closely with recruiters to help physicians get the best salary for every position.
Thanks for the eye opener, thank you!
ReplyDeleteThis comment has been removed by a blog administrator.
ReplyDelete