Country-Level Top 10 Department Heads Earn More Than Double the Salary of Their Global Counterparts
RESEARCH TRIANGLE PARK, NC--(Marketwired - July 28, 2015) - Health economics and outcomes research (HEOR) department heads for Top 10 country-level affiliate teams earn more than double the salary of their global level counterparts, according to a recent report by pharmaceutical intelligence firm Cutting Edge Information.
The study, Building World-Class HEOR Teams: Creating Convincing Value Propositions for Payers, found that base salaries among surveyed department heads range from an average $167,000 for global groups to $350,000 at country-level Top 10s. Similarly, performance-based bonuses varied from $30,000 (global) to $193,000 (country-level Top 10).
Global HEOR groups surveyed report the smallest compensation variations across the team. On average, yearly pay -- both salary and bonus -- range from a potential $132,000 for analysts to $197,000 for department heads. Country-level affiliate groups report a wider range of salaries with Top 50 teams’ Tier 2 management earning an average $117,000 and Top 10 department heads earning an average $443,000.
Building World-Class HEOR Teams: Creating Convincing Value Proposition for Payers, available at http://www.cuttingedgeinfo.com/research/market-access/health-economics-and-outcomes-research/, highlights HEOR group structure, staffing and spending at pharmaceutical and medical device companies. This research allows health economics groups to benchmark their activities against the rest of the industry and make sure that they are supporting their products effectively. Highlights of the study include:
To learn more about Cutting Edge Information and its research report offerings, please visit http://cuttingedgeinfo.com/.
Contact Information:
CONTACT
Rachel Shockley
Marketing Team Lead
rachel_shockley@cuttingedgeinfo.com
919-433-0211