News for hackers. Stuff that matters.
Re:Applying tech frameworks to biotech: key differences by epicureanideal on Monday August 24, 2020 @02:07PM (#24263491)
Has anything changed recently, or is biotech still far less well compensated than software, relative to years of experience and education?
Re:Applying tech frameworks to biotech: key differences by celinehh94 on Monday August 24, 2020 @04:08PM (#24264920)
Hey! I’m the author. Biotech is not as well comp’ed, especially when you compare years of experience. For context, senior (Director, VP) levels make low to mid 200s, PhDs with work experience make mid 100s, and straight out of grad school make 80-120s

This doesn’t take into account equity, which most bio hires have zero context for and are easily taken advantage of when negotiating. I give equity packages in line with tech standards, but I could have cut them by 3-5X and still been competitive with the standard bio co.

Re:Applying tech frameworks to biotech: key differences by t_serpico on Tuesday August 25, 2020 @12:21AM (#24268102)
unrelated, but I browsed your company website and think the idea is brilliant (especially after reading this: https://onlinelibrary.wiley.com/doi/full/10.1111/acel.12737, which confirmed my initial speculation).
Re:Applying tech frameworks to biotech: key differences by dekhn on Monday August 24, 2020 @03:13PM (#24264272)
tier-1 biotech in the bay area (genentech, gilead, etc) pays less than tier-1 tech (google, facebook, etc), but that's mainly because FAAMG pay such absurdly high base salaries.

The difference is less profound for tech folks at biotech companies than it is for biotech people. Certainly when I worked at a biotech startup for a year, after leaving FAAMG, I was able to negotiate the same base salary, but base salary is only a part of total comp...

Re:Applying tech frameworks to biotech: key differences by natechols on Monday August 24, 2020 @02:17PM (#24263623)
At least in the bay area the gap is enormous - and biotech is not known for paying poorly!
Re:Applying tech frameworks to biotech: key differences by epicureanideal on Monday August 24, 2020 @03:08PM (#24264224)
I'm not sure what you mean by this. Are you saying biotech is better paid in the bay area?
Re:Applying tech frameworks to biotech: key differences by WanderPanda on Monday August 24, 2020 @05:30PM (#24265753)
No he is saying the other one is overpaid