The pharma industry offers a plethora of job opportunities. Each job is unique and it comes with a distinct set of responsibilities. When you are recruiting you have to individually check and thoroughly evaluate the candidate if he or she would make a good fit for the company.
What types of jobs are needed in the pharmaceutical industry and how much does each make? Let’s find out.
The most common and perhaps the most highly in demand job in pharma is a sales representative. In fact, it may even be the first job that crosses your mind when you hear the word “pharma”. As a sales representative it is your responsibility to sell the company’s products, build rapport and create relationships with your clients, maintain a good track record, possess a pleasing personality and more importantly you must have thorough knowledge about the products. When you are selling products to health care and medical specialists it is expected that you are able to answer all of their questions regarding what you are selling. If you are able to answer their questions you are addressing confusion and doubt and, in that way, you are actually convincing them to invest in the company.
The estimated salary of sales representatives in the pharma industry is around $67,000 every year with a salary range of $50,000 to $110,000.
Research and Development Manager
If you have a passion for learning this is the best job for you. A research and development manager’s job involve a great deal of research, managing personnel and projects and being in control of an enormous amount of data. The average salary of a research and development manager is $100,000 every year with a salary range of $60,000 to $150,000.
The primary responsibility of a project manager in the pharmaceutical industry is to oversee the development of the medicines and medical equipment. Project managers work hand in hand with clinical researchers, doctors, and engineers to make sure that all the projects stay within budget and that the final outcome will be delivered right on schedule.
Every product that gets released to the public must be thoroughly studied and inspected to make sure that it’s safe for consumption. This is the role of a quality manager in the pharmaceutical industry. A quality manager is responsible for making sure that before the release of a product it has to pass strict quality standards. One defective product can easily destroy the reputation of a brand. If you love to investigate and solve problems this is the job for you. Aside from assuring quality products that tasks of a quality manager include managing and handling records, producing reports, executing safety procedures for testing and making sure that the final products are effective and safe.
The average salary of a quality manager is $83,000 per year with a salary range of $59,000 to $126,000.
A laboratory analyst’s job is to test and evaluate the physical and chemical composition of samples and products to ensure accuracy. Assuming the product didn’t turn out as planned, it will be carefully studied and assessed to identify the factors that contributed to the errors. A lab analyst in the pharmaceutical industry must be very familiar with strict compliance regulations. The average salary of a laboratory analyst is $40,000 per year with a salary range of $29,000 to $56,000.
As a recruiter, it is important to be familiar with the job requirements so you’ll know who will make the cut. Hiring the wrong people can lead to disastrous outcomes and since pharma products directly impact the health you have to make sure you hire the right people to do the job.