Back to work from Atlanta. AMWA's annual conference was great, as usual, and I brought back some notes that may interest you: the results of the 2007 AMWA Salary Survey.
Tinker Gray and Cindy Hamilton gathered an impressive amount of data from this survey. The 76 slides of their presentation are available at the 'members-only' section of the AMWA Web site (www.amwa.org) and the article summarizing their findings will come out in the May 2008 issue of the AMWA Journal.
So, how much do medical writers make? Of course, it depends on sex, educational level, years of experience, and type of employer.
Mean Income by Educational Level and Sex (working full-time for a company)
Bachelor's: $73,522 (women); $90,640 (men)
Master’s: $77,339 (women); $86,240 (men)
Advanced: $91,797 (women); $101,872 (men)
Mean Income by primary Employer
Biotechnology company: $102,297
Medical device company: $85,451
Communication or advertising: $83,338
Clinical research organization: $76,620
Medical Ed company: $77,088
Web/medical company: $73,500
Association or professional society: $68,574
University or medical school: $64,438
Income by Job Category
Supervision or administration: $120,629
Writing (primarily): $80,441
Writing/editing (equal mixture): $73,954
Editing (primarily): $64,500
Research and writing: $69,099
Mean gross income: $119,295
Mean net income (gross income – deductible expenses): $93,306
Net income as percentage of gross: 78%
Net Freelance Income by Job Category
Writing (primarily): $110,232
Editing (primarily): $46,071
Writing and editing (equal mixture): $75,891
Research and writing: $76,620
I will incorporate some other info in my ebook very soon. Thanks for reading!