Average Pharmaceutical Research Scientist Salary in Aruba for 2024

In this article, we will look at the average Pharmaceutical Research Scientist salary for 2024 in Aruba 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 Aruban florin. To keep things simple, we are using the AWG currency code instead of the currency symbol ฦ’.

How Much Does a Pharmaceutical Research Scientist Make in Aruba?

A Pharmaceutical Research Scientist working in Aruba will typically earn around 54,500 AWG per year, and this can range from the lowest average salary of about 30,840 AWG to the highest average salary of 84,740 AWG.

Average Annual Salary
54,500 AWG
Average Monthly Salary
4,541 AWG

Lowest Annual Salary
30,840 AWG
Lowest Monthly Salary
2,570 AWG

Highest Annual Salary
84,740 AWG
Highest Monthly Salary
7,061 AWG

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

Pharmaceutical Research Scientist 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 Research Scientist Salaries in Aruba

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

Salary ranges

We already know that a Pharmaceutical Research Scientist can earn between 30,840 AWG and 84,740 AWG on average in Aruba. 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 Research Scientist in Aruba is 52,820 AWG. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 52,820 AWG, and 50% of the population earn more than 52,820 AWG.

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 Research Scientist salary in Aruba, 25% of the population are earning less than 36,700 AWG while 75% of the population earn more than 36,700 AWG.

75% of the population earn less than 67,020 AWG, and 25% of the population earn more than 67,020 AWG.

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 Research Scientist Salary by Experience Level in Aruba

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 research scientist 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 Research Scientist in Aruba that has less than two years of experience can expect to earn somewhere in the region of 32,900 AWG.
  • 2 - 5 Years Experience. With two to five years of experience the average Pharmaceutical Research Scientist salary would increase to 45,580 AWG.
  • 5 - 10 Years Experience. From five to ten years of experience as a Pharmaceutical Research Scientist, the average salary would be 59,380 AWG.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 67,800 AWG.
  • 15 - 20 Years Experience. A Pharmaceutical Research Scientist with 15 to 20 years of experience can earn an average of 77,380 AWG.
  • 20+ Years Experience. For a Pharmaceutical Research Scientist with more than 20 years, the expected average salary increases to 80,340 AWG.

Average Salary by Experience Chart

0-2 Years
32,900 AWG
2-5 Years +34%
45,580 AWG
5-10 Years +30%
59,380 AWG
10-15 Years +21%
67,800 AWG
15-20 Years +9%
77,380 AWG
20+ Years +5%
80,340 AWG

Pharmaceutical Research Scientist Salary by Education Level in Aruba

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 Research Scientist in Aruba 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 Research Scientist in Aruba with a bachelor's degree education can earn an average salary of 44,300 AWG.

  • Master's Degree. A Pharmaceutical Research Scientist in Aruba with a master's degree education can earn an average salary of 52,380 AWG.

  • PhD. A Pharmaceutical Research Scientist in Aruba with a phd education can earn an average salary of 85,940 AWG.

Average Salary by Education Chart

Bachelor's Degree
44,300 AWG
Master's Degree +24%
52,380 AWG
PhD +60%
85,940 AWG

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 Aruba is around 11,300 to 33,900 AWG 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 Research Scientist 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 Aruba, a male pharmaceutical research scientist will earn an average of 58,000 AWG, while a female pharmaceutical research scientist will earn around 51,900 AWG.

This means that a male pharmaceutical research scientist earns approximately 12% more than a female pharmaceutical research scientist for performing the same job.

Average Salary by Gender Chart in Aruba

Male
58,000 AWG
Female -12%
51,900 AWG

Pharmaceutical Research Scientist Average Pay Raise in Aruba

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 Research Scientist in Aruba is around 9% every 29 months.

The national average pay raise across all professions and industries in Aruba 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 ÷ 29 ) × 12  = 4%

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

Annual Pay Raise by Industry in Aruba for 2024

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

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

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Pharmaceutical Research Scientist Bonus and Incentive Rates in Aruba

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 Research Scientist is a low bonus based job, with 38% of employees reporting at least one bonus in the last 12 months.

62% 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 3% to 5%.

Received Bonus
38%
No Bonus
62%

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 Aruba earn approximately 14% more than private sector employees in the same role.

Public Sector
27,480 AWG
Private Sector -14%
24,200 AWG

Salaries for Jobs Similar to a Pharmaceutical Research Scientist

In the table below, we have salary information for jobs that are similar to a Pharmaceutical Research Scientist in Aruba.

Job Title Category Salary
Assistant Pharmacist Pharmaceutical and Biotechnology 23,140 AWG
Assistant Pharmacy Director Pharmaceutical and Biotechnology 46,720 AWG
Associate Medical Affairs Director Pharmaceutical and Biotechnology 61,780 AWG
Bioinformatics Scientist Pharmaceutical and Biotechnology 50,620 AWG
Bioinformatics Technician Pharmaceutical and Biotechnology 23,080 AWG
Biological Scientist Pharmaceutical and Biotechnology 57,320 AWG
Biological Technician Pharmaceutical and Biotechnology 25,680 AWG
Biomedical Engineer Pharmaceutical and Biotechnology 24,800 AWG
Biomedical Engineering Director Pharmaceutical and Biotechnology 49,360 AWG
Biostatistician Pharmaceutical and Biotechnology 36,160 AWG
Biotechnologist Pharmaceutical and Biotechnology 36,700 AWG
Biotechnology Lead Data Manager Pharmaceutical and Biotechnology 26,100 AWG
Chemical Process Technician Pharmaceutical and Biotechnology 25,940 AWG
Clinical Consultant Pharmaceutical and Biotechnology 35,420 AWG
Clinical Data Manager Pharmaceutical and Biotechnology 34,280 AWG
Clinical Data Specialist Pharmaceutical and Biotechnology 33,960 AWG
Clinical Informatics Specialist Pharmaceutical and Biotechnology 27,020 AWG
Clinical Operations Manager Pharmaceutical and Biotechnology 56,060 AWG
Clinical Pharmacist Pharmaceutical and Biotechnology 34,120 AWG
Clinical Pharmacy Specialist Pharmaceutical and Biotechnology 43,260 AWG
Clinical Programmer Pharmaceutical and Biotechnology 17,760 AWG
Clinical Project Manager Pharmaceutical and Biotechnology 33,960 AWG
Clinical Research Associate Pharmaceutical and Biotechnology 33,120 AWG
Clinical Research Manager Pharmaceutical and Biotechnology 51,900 AWG
Clinical Study Manager Pharmaceutical and Biotechnology 43,800 AWG
Compliance Specialist Pharmaceutical and Biotechnology 36,720 AWG
Cytology Laboratory Technologist Pharmaceutical and Biotechnology 30,800 AWG
Cytotechnologist Pharmaceutical and Biotechnology 28,860 AWG
GCP Auditor Pharmaceutical and Biotechnology 34,080 AWG
Hospital Pharmacy Technician Pharmaceutical and Biotechnology 28,720 AWG
Manufacturing Engineer Pharmaceutical and Biotechnology 31,180 AWG
Medical Affairs Director Pharmaceutical and Biotechnology 56,640 AWG
Medical Representative Pharmaceutical and Biotechnology 23,700 AWG
Medical Science Liaison Pharmaceutical and Biotechnology 41,480 AWG
Molecular and Cellular Biologist Pharmaceutical and Biotechnology 56,460 AWG
Nuclear Pharmacist Pharmaceutical and Biotechnology 35,340 AWG
Pharmaceutical Manager Pharmaceutical and Biotechnology 61,580 AWG
Pharmaceutical Manufacturing Lead Pharmaceutical and Biotechnology 63,480 AWG
Pharmaceutical Operations Excellence Manager Pharmaceutical and Biotechnology 60,920 AWG
Pharmaceutical Process Engineer Pharmaceutical and Biotechnology 31,980 AWG
Pharmaceutical Production Assistant Manager Pharmaceutical and Biotechnology 38,620 AWG
Pharmaceutical Project Manager Pharmaceutical and Biotechnology 37,380 AWG
Pharmaceutical Quality Auditor Pharmaceutical and Biotechnology 40,560 AWG
Pharmaceutical Regulatory Affairs Assistant Pharmaceutical and Biotechnology 31,660 AWG
Pharmaceutical Regulatory Affairs Manager Pharmaceutical and Biotechnology 40,600 AWG
Pharmaceutical Regulatory Affairs Specialist Pharmaceutical and Biotechnology 30,700 AWG
Pharmaceutical Representative Pharmaceutical and Biotechnology 23,140 AWG
Pharmaceutical Research Associate Pharmaceutical and Biotechnology 36,700 AWG
Pharmaceutical Researcher Pharmaceutical and Biotechnology 53,600 AWG
Pharmaceutical Sales and Marketing Manager Pharmaceutical and Biotechnology 44,720 AWG
Pharmaceutical Sales Manager Pharmaceutical and Biotechnology 55,140 AWG
Pharmaceutical Sales Representative Pharmaceutical and Biotechnology 23,080 AWG
Pharmaceutical Supply Chain Manager Pharmaceutical and Biotechnology 59,000 AWG
Pharmaceutical Team Leader Pharmaceutical and Biotechnology 39,960 AWG
Pharmaceutical Technologist Pharmaceutical and Biotechnology 27,620 AWG
Pharmacist Pharmaceutical and Biotechnology 35,340 AWG
Pharmacy Aide Pharmaceutical and Biotechnology 24,840 AWG
Pharmacy Manager Pharmaceutical and Biotechnology 49,820 AWG
Pharmacy Stock Controller Pharmaceutical and Biotechnology 20,460 AWG
Pharmacy Technician Pharmaceutical and Biotechnology 19,940 AWG
Records Management Coordinator Pharmaceutical and Biotechnology 20,520 AWG
Shift Encapsulator Pharmaceutical and Biotechnology 19,060 AWG
Staff Pharmacist Pharmaceutical and Biotechnology 35,300 AWG

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