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Pharmaceutical & Medical Packaging News, July/August 2015

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pmpnews.com • Pharmaceutical & Medical Packaging News July/August 2015 14 Salary Survey challenge. Employee turnover is d i s r u p t i v e , e x p e n s i v e , a n d p l a c - es an increased demand on the organization." The numbers tell a slightly diferent story. Annual salaries and raises in the pharmaceutical and medical device industries, interestingly, are averaging much higher in this year's survey com- pared with those in last year's. Accord- ing to this year's group of respondents, the average annual salary is $126,300, compared with last year's $115,000. Raises this year are averaging 4.3%, compared with 3.5% from last year. Because our survey is anonymous, it is impossible to know whether the higher salaries this year are true gains from last year, or just an entirely diferent group of respondents with diferent cir- cumstances. What is similar, however, is that year after year, most packaging professionals in these industries appear to be content—80% this year are Number of years involved with Number of employees supervised pharmaceutical or medical device packaging less than 1 Yr 1 to 2 Yr 3 to 4Yr 5 to 9 Yr 21.1% 10 to 14 Yr 14.4% 15 to 19 Yr 20.0% 20 to 29 Yr 18.9% 30 to 39 Yr 2.2% 40 or more 1.1% 1.1% 1.1% 20.0% 41.1% none 15.6% 1 to 2 14.4% 3 to 4 7.8% 20 or More 1.1% 15 to 19 6.7% 10 to 14 13.3% 5 to 9 Expressed in percentages of respondents, the number of years respondents have been involved in pharmaceutical or medical device packaging and the number of employees supervised are based on the responses of 90 respondents, who answered these questions. Percentages have been rounded to the nearest tenth. According to this year's group of respondents, the average annual salary is $126,300, compared with last year's $115,000.

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