Stay on top of in-house and compliance salary trends for the healthcare and life sciences industry.
BarkerGilmore’s 2023 Healthcare and Life Sciences Compensation Report provides in-house counsel and compliance officers in the healthcare and life science sectors the ability to compare pay with peers, and aids legal leaders in attracting and retaining top talent with competitive compensation packages.
The anonymous data was collected from a random sample of approximately 500 individuals from an assortment of healthcare and life science sub-industries throughout the United States via an online survey administered in March 2023.
Retaining legal talent in a competitive market
In 2023, the job market remains competitive- 38% of respondents across both the healthcare and life sciences industries reported the likelihood of a compensation-motivated job search as “high” or “very high.”
Public vs. private compensation
- General Counsel at public healthcare companies make double the total compensation of their private company counterparts at every revenue stage.
- CCOs at public life sciences companies make more in total compensation than their counterparts at private companies.
General Counsel and CCO responsibilities
- General Counsel at life sciences companies are slightly more likely to report to the CEO than healthcare General Counsel.
- Life sciences General Counsel are more likely to serve as CCO and Corporate Secretary, whereas healthcare General Counsel are more likely to be responsible for government affairs.
This year saw interesting changes and new industry trends. Download BarkerGilmore’s 2023 Healthcare & Life Sciences In-House and Compliance Counsel Compensation Report to see how your organization compares.
Download the Full Healthcare & Life Sciences Compensation Report
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