Average Pharmaceutical Manager Salary in Jersey for 2024

In this article, we will look at the average Pharmaceutical Manager salary for 2024 in Jersey and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the British pound. To keep things simple, we are using the GBP currency code instead of the currency symbol £.

How Much Does a Pharmaceutical Manager Make in Jersey?

A Pharmaceutical Manager working in Jersey will typically earn around 142,300 GBP per year, and this can range from the lowest average salary of about 65,940 GBP to the highest average salary of 225,700 GBP.

Average Annual Salary
142,300 GBP
Average Monthly Salary
11,858 GBP

Lowest Annual Salary
65,940 GBP
Lowest Monthly Salary
5,495 GBP

Highest Annual Salary
225,700 GBP
Highest Monthly Salary
18,808 GBP

These are average salaries for a Pharmaceutical Manager in Jersey and include benefits such as housing and transport. It's also possible for a Pharmaceutical Manager to earn more or less than the average salaries shown above.

Pharmaceutical Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Pharmaceutical Manager Salaries in Jersey

So we've looked at the average salaries a Pharmaceutical Manager will earn in Jersey. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Pharmaceutical Manager can earn between 65,940 GBP and 225,700 GBP on average in Jersey. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Pharmaceutical Manager in Jersey is 152,000 GBP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 152,000 GBP, and 50% of the population earn more than 152,000 GBP.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Pharmaceutical Manager salary in Jersey, 25% of the population are earning less than 97,840 GBP while 75% of the population earn more than 97,840 GBP.

75% of the population earn less than 205,700 GBP, and 25% of the population earn more than 205,700 GBP.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Pharmaceutical Manager Salary by Experience Level in Jersey

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average pharmaceutical manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Pharmaceutical Manager in Jersey that has less than two years of experience can expect to earn somewhere in the region of 73,100 GBP.
  • 2 - 5 Years Experience. With two to five years of experience the average Pharmaceutical Manager salary would increase to 99,340 GBP.
  • 5 - 10 Years Experience. From five to ten years of experience as a Pharmaceutical Manager, the average salary would be 146,200 GBP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 175,900 GBP.
  • 15 - 20 Years Experience. A Pharmaceutical Manager with 15 to 20 years of experience can earn an average of 191,600 GBP.
  • 20+ Years Experience. For a Pharmaceutical Manager with more than 20 years, the expected average salary increases to 209,700 GBP.

Average Salary by Experience Chart

0-2 Years
73,100 GBP
2-5 Years +34%
99,340 GBP
5-10 Years +48%
146,200 GBP
10-15 Years +22%
175,900 GBP
15-20 Years +9%
191,600 GBP
20+ Years +8%
209,700 GBP

Pharmaceutical Manager Salary by Education Level in Jersey

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Pharmaceutical Manager in Jersey based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Pharmaceutical Manager in Jersey with a bachelor's degree education can earn an average salary of 85,940 GBP.

  • Master's Degree. A Pharmaceutical Manager in Jersey with a master's degree education can earn an average salary of 130,400 GBP.

  • PhD. A Pharmaceutical Manager in Jersey with a phd education can earn an average salary of 222,300 GBP.

Average Salary by Education Chart

Bachelor's Degree
85,940 GBP
Master's Degree +57%
130,400 GBP
PhD +68%
222,300 GBP

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Jersey is around 25,800 to 77,300 GBP and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Pharmaceutical Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Jersey, a male pharmaceutical manager will earn an average of 152,300 GBP, while a female pharmaceutical manager will earn around 128,500 GBP.

This means that a male pharmaceutical manager earns approximately 19% more than a female pharmaceutical manager for performing the same job.

Average Salary by Gender Chart in Jersey

Male
152,300 GBP
Female -19%
128,500 GBP

Pharmaceutical Manager Average Pay Raise in Jersey

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Pharmaceutical Manager in Jersey is around 9% every 30 months.

The national average pay raise across all professions and industries in Jersey is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 9 ÷ 30 ) × 12  = 4%

What this means is that a Pharmaceutical Manager in Jersey can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Jersey for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Jersey.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Pharmaceutical Manager Bonus and Incentive Rates in Jersey

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Pharmaceutical Manager is a moderate bonus based job, with 69% of employees reporting at least one bonus in the last 12 months.

31% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus
69%
No Bonus
31%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Jersey earn approximately 19% more than private sector employees in the same role.

Public Sector
66,840 GBP
Private Sector -19%
56,060 GBP

Salaries for Jobs Similar to a Pharmaceutical Manager

In the table below, we have salary information for jobs that are similar to a Pharmaceutical Manager in Jersey.

Job Title Category Salary
Assistant Pharmacist Pharmaceutical and Biotechnology 50,620 GBP
Assistant Pharmacy Director Pharmaceutical and Biotechnology 98,960 GBP
Associate Medical Affairs Director Pharmaceutical and Biotechnology 138,200 GBP
Bioinformatics Scientist Pharmaceutical and Biotechnology 125,700 GBP
Bioinformatics Technician Pharmaceutical and Biotechnology 58,280 GBP
Biological Scientist Pharmaceutical and Biotechnology 138,200 GBP
Biological Technician Pharmaceutical and Biotechnology 58,440 GBP
Biomedical Engineer Pharmaceutical and Biotechnology 53,320 GBP
Biomedical Engineering Director Pharmaceutical and Biotechnology 105,940 GBP
Biostatistician Pharmaceutical and Biotechnology 88,260 GBP
Biotechnologist Pharmaceutical and Biotechnology 83,300 GBP
Biotechnology Lead Data Manager Pharmaceutical and Biotechnology 67,900 GBP
Chemical Process Technician Pharmaceutical and Biotechnology 60,600 GBP
Clinical Consultant Pharmaceutical and Biotechnology 84,560 GBP
Clinical Data Manager Pharmaceutical and Biotechnology 86,760 GBP
Clinical Data Specialist Pharmaceutical and Biotechnology 78,400 GBP
Clinical Informatics Specialist Pharmaceutical and Biotechnology 66,000 GBP
Clinical Operations Manager Pharmaceutical and Biotechnology 119,900 GBP
Clinical Pharmacist Pharmaceutical and Biotechnology 87,020 GBP
Clinical Pharmacy Specialist Pharmaceutical and Biotechnology 103,840 GBP
Clinical Programmer Pharmaceutical and Biotechnology 44,720 GBP
Clinical Project Manager Pharmaceutical and Biotechnology 78,400 GBP
Clinical Research Associate Pharmaceutical and Biotechnology 67,320 GBP
Clinical Research Manager Pharmaceutical and Biotechnology 118,200 GBP
Clinical Study Manager Pharmaceutical and Biotechnology 97,880 GBP
Compliance Specialist Pharmaceutical and Biotechnology 83,760 GBP
Cytology Laboratory Technologist Pharmaceutical and Biotechnology 68,900 GBP
Cytotechnologist Pharmaceutical and Biotechnology 68,400 GBP
GCP Auditor Pharmaceutical and Biotechnology 73,800 GBP
Hospital Pharmacy Technician Pharmaceutical and Biotechnology 65,940 GBP
Manufacturing Engineer Pharmaceutical and Biotechnology 69,240 GBP
Medical Affairs Director Pharmaceutical and Biotechnology 129,000 GBP
Medical Representative Pharmaceutical and Biotechnology 55,840 GBP
Medical Science Liaison Pharmaceutical and Biotechnology 94,400 GBP
Molecular and Cellular Biologist Pharmaceutical and Biotechnology 128,900 GBP
Nuclear Pharmacist Pharmaceutical and Biotechnology 85,940 GBP
Pharmaceutical Manufacturing Lead Pharmaceutical and Biotechnology 152,100 GBP
Pharmaceutical Operations Excellence Manager Pharmaceutical and Biotechnology 130,400 GBP
Pharmaceutical Process Engineer Pharmaceutical and Biotechnology 72,540 GBP
Pharmaceutical Production Assistant Manager Pharmaceutical and Biotechnology 91,560 GBP
Pharmaceutical Project Manager Pharmaceutical and Biotechnology 83,640 GBP
Pharmaceutical Quality Auditor Pharmaceutical and Biotechnology 88,600 GBP
Pharmaceutical Regulatory Affairs Assistant Pharmaceutical and Biotechnology 64,920 GBP
Pharmaceutical Regulatory Affairs Manager Pharmaceutical and Biotechnology 89,460 GBP
Pharmaceutical Regulatory Affairs Specialist Pharmaceutical and Biotechnology 73,820 GBP
Pharmaceutical Representative Pharmaceutical and Biotechnology 59,000 GBP
Pharmaceutical Research Associate Pharmaceutical and Biotechnology 83,300 GBP
Pharmaceutical Research Scientist Pharmaceutical and Biotechnology 125,100 GBP
Pharmaceutical Researcher Pharmaceutical and Biotechnology 127,700 GBP
Pharmaceutical Sales and Marketing Manager Pharmaceutical and Biotechnology 99,340 GBP
Pharmaceutical Sales Manager Pharmaceutical and Biotechnology 119,900 GBP
Pharmaceutical Sales Representative Pharmaceutical and Biotechnology 53,660 GBP
Pharmaceutical Supply Chain Manager Pharmaceutical and Biotechnology 128,500 GBP
Pharmaceutical Team Leader Pharmaceutical and Biotechnology 95,760 GBP
Pharmaceutical Technologist Pharmaceutical and Biotechnology 61,400 GBP
Pharmacist Pharmaceutical and Biotechnology 83,020 GBP
Pharmacy Aide Pharmaceutical and Biotechnology 55,840 GBP
Pharmacy Manager Pharmaceutical and Biotechnology 116,540 GBP
Pharmacy Stock Controller Pharmaceutical and Biotechnology 45,580 GBP
Pharmacy Technician Pharmaceutical and Biotechnology 48,820 GBP
Records Management Coordinator Pharmaceutical and Biotechnology 41,480 GBP
Shift Encapsulator Pharmaceutical and Biotechnology 48,560 GBP
Staff Pharmacist Pharmaceutical and Biotechnology 83,200 GBP

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