Life sciences salaries to rise 3-5% this year: Randstad

Singapore

NEW tech hubs in the region are driving demand for multi-disciplinary life sciences professionals in Singapore, resulting in higher expected compensation this year.

Salaries across the industry are expected to rise 3-5 per cent in 2016, with bonuses averaging 1-2 months, according to recruitment agency Randstad.

In the biotechnology industry, candidates who are able to transition into commercial roles will see the highest demand, it added.

Randstad's associate director for life sciences Johari Masod notes that in addition to having technical knowledge, those who possess strong interpersonal, communication and business development s…