echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Medical News > Latest Medical News > What is the salary gap between multinational pharmaceutical companies and local pharmaceutical companies?

    What is the salary gap between multinational pharmaceutical companies and local pharmaceutical companies?

    • Last Update: 2021-05-10
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    What is the annual salary of foreign medical professionals? There is another data coming out this week.


    According to statistics from the Korean Financial Supervisory Commission (FSS), the average annual salary of the management and employees of multinational pharmaceutical companies in South Korea was 91 million won (about 530,000 yuan) last year.


    This data is obtained by the Korean Financial Supervisory Commission’s investigation of audit reports submitted by 24 multinational pharmaceutical companies in South Korea.


    Statistics show that GlaxoSmithKline Korea Consumer Health Products Company ranked first with an average annual salary of 148 million won.


    Before that, GlaxoSmithKline Korea had always been the company with the highest average salary of a multinational pharmaceutical company.


    Other multinational pharmaceutical companies in Korea with an average annual salary of more than 100 million won include Boehringer Ingelheim (133 million won), Sanofi Pasteur (129 million won), Huizhi (126 million won), and Concord Kirin (1.


    Among the 24 multinational pharmaceutical companies that submitted audit reports, 17 companies had an average annual salary of more than 80 million won.


    However, because some companies include the salary of factory employees and R&D personnel as production costs and R&D expenses, the average salary obtained by the above method cannot reflect the real income of the employees of these companies, such as Janssen Korea.


    But in general, the average salary of employees in Korean multinational pharmaceutical companies is much higher than that of Korean local pharmaceutical companies.


    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.