If it is anything like BioTech, they will. I was shocked when I joined a large firm and realized that the person spending most of their day breaking down boxes and checking log books has a masters from Berkeley. Most of the techs running equipment have masters/Phds.

As I have come to realize, when a mistake or delay costs $XX million, it often makes sense to hire with high educational background. I have also come to realize that your bog standard MS or Phd isn't as talented as you might think.