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Average salaries for full-time life sciences employees grew 9% from 2023 to 2024, more than quadrupling the previous year’s growth and topping the past five years’ increases, according to the BioSpace 2025 Life Sciences Salary Report. The spike was surprising considering job market conditions, according to BioSpace Vice President of Marketing Chantal Dresner, who’s overseen the report since 2021.
“Knowing that job mobility has slowed and employers have more control over who they hire given the availability of talent right now, we expected to see only modest salary growth, if any,” Dresner said. “I…