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Re:A Career in Science Will Cost You Your Firstborn by Nelson69 on Friday January 09, 2015 @02:23PM (#8863890)
First off, there are some fields where scientists can write their own ticket. Certain medical areas where an MD as well as a microbiological PhD is required, those guys just don't hardly exist... I've heard of relatively insane levels of pay for them.

Then if you do get a good research position somewhere, you get your base pay and all but a lot of scientists reach out for grants and they can pay themselves from them, padding their base. If you can get one of those cherry positions, it's potentially way nicer than what most engineers make. If you work on things with industrial applications you can get royalties and such, all while working at a university. Seems a number of these places have like real pension type retirement programs as well.

The haves in science are doing great, the vast majority are have-nots though and they live near poverty in a lot of positions. It's my opinion looking in (my wife is a scientist) is that there are 2 main problems: 1) Little understanding and appreciation for real science, it's thankless, there are tons of failures to usually make incremental progress, the level of meticulousness is something else.. and 2) They've got their own culture running it now and there is a history of paying dues and lot's of unwritten traditions about how you can grow and evolve a career. Post-docs don't get paid much, that's how it is, even if a lab can afford it, post-docs don't often get jobs where they post-doc, even if they're experts on the lab's area of work because that's just not how its done. It's kind of like how MDs are stereotypically just ground up by working insane shifts at the at their residency because that's what the doctors before them had to do, almost like hazing..

Re:A Career in Science Will Cost You Your Firstborn by foobarqux on Friday January 09, 2015 @02:45PM (#8864043)
Can you elaborate on MD/PhD? What positions are these exactly and what qualifies as "insane" pay?
Re:A Career in Science Will Cost You Your Firstborn by Fomite on Friday January 09, 2015 @04:04PM (#8864495)
"Insane" pay is, in my experience, not actually insane. Really good, solid six-figures, but not insane.

Most MD/PhD positions are doing research directly applicable to medical treatments and/or clinical trials. And it's definitely possible to be an MD/PhD and not be paid a tremendous amount.

Re:A Career in Science Will Cost You Your Firstborn by ryanSrich on Friday January 09, 2015 @05:43PM (#8864968)
Duke has an MD/PHD medical scientist degree - http://mstp.duke.edu/
Re:A Career in Science Will Cost You Your Firstborn by porejide on Friday January 09, 2015 @06:25PM (#8865136)
Re:A Career in Science Will Cost You Your Firstborn by eli_gottlieb on Saturday January 10, 2015 @05:00AM (#8866428)
>They've got their own culture running it now and there is a history of paying dues and lot's of unwritten traditions about how you can grow and evolve a career.

There are also a lot of unwritten traditions on such basic matters as how to write and format a scientific paper. The standards are quite meticulous, and in many fields, nobody has actually bothered to write them down or teach them explicitly as course material to students.