Precision Medicine Compliance Analyst Average Salary in Sydney 2024
How much money does a person working as Precision Medicine Compliance Analyst make in Sydney?
LOW
79,500
AUD AVERAGE
153,000
AUD HIGH
234,000
AUD
A person working as Precision Medicine Compliance Analyst in Sydney typically earns around 153,000 AUD. Salaries range from 79,500 AUD (lowest) to 234,000 AUD (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Precision Medicine Compliance Analyst salaries in Sydney vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Precision Medicine Compliance Analyst Pay Scale and Salaries in Sydney
Salary Structure and Pay Scale Comparison
138,000 AUD or more
123,000 to 138,000 AUD
90,000 AUD or less
90,000 to 123,000 AUD
 79,500 AUD |
139,000 AUD |
234,000 AUD |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Precision Medicine Compliance Analyst in Sydney range from 79,500 AUD (starting salary) to 234,000 AUD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 139,000 AUD, half of the professionals who work as Precision Medicine Compliance Analyst in Sydney earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Precision Medicine Compliance Analyst in Sydney earn less than 115,000 AUD, while 75% earn more. Similarly, the chart shows that 75% earn less than 158,000 AUD while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Precision Medicine Compliance Analyst in Sydney compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 90,000 AUD to 123,000 AUD. About 20% of salaries are below the 90,000 AUD mark, while 10% fall within the range of 123,000 AUD to 138,000 AUD. Only 5% of individuals have salaries exceeding 138,000 AUD.
Salary Comparison by Years of Experience / Precision Medicine Compliance Analyst / Sydney
How do experience and age affect pay?
| 0 - 2 Years | 90,300 AUD | |
| 2 - 5 Years | +34% | 121,000 AUD |
| 5 - 10 Years | +30% | 158,000 AUD |
| 10 - 15 Years | +21% | 191,000 AUD |
| 15 - 20 Years | +9% | 208,000 AUD |
| 20+ Years | +5% | 219,000 AUD |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Precision Medicine Compliance Analyst and this is what we found.
Employees with less than two years of experience earn approximately 90,300 AUD.
While someone with an experience level between two and five years is expected to earn 121,000 AUD, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 158,000 AUD, 30% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 191,000 AUD, 21% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 208,000 AUD, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 219,000 AUD, 5% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Precision Medicine Compliance Analyst / Sydney
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Precision Medicine Compliance Analyst.
| Certificate or Diploma | 109,000 AUD | |
| Bachelor's Degree | +18% | 129,000 AUD |
| Master's Degree | +29% | 166,000 AUD |
| PhD | +28% | 212,000 AUD |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Precision Medicine Compliance Analyst in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 109,000 AUD.
Level 2: Bachelor's Degree
At this level, the average salary becomes 129,000 AUD, 18% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 166,000 AUD, 29% more than the previous level.
Level 4: PhD
At this level, the average salary becomes 212,000 AUD, 28% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Australia costs anywhere from 38,000 AUD to 114,000 AUD and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Precision Medicine Compliance Analyst / Sydney
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Precision Medicine Compliance Analyst in Australia, the average difference between the salary of male and female employees is 6%.
| Male | 134,000 AUD | |
| Female | -5% | 127,000 AUD |
Salary Comparison By Gender in Australia for all Careers
Average Annual Salary Increment Percentage / Precision Medicine Compliance Analyst / Sydney
How much are annual salary increments in Sydney for individuals working as Precision Medicine Compliance Analyst? How often do employees get salary raises?
Individuals working as Precision Medicine Compliance Analyst in Australia are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.
Australia / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Precision Medicine Compliance Analyst / Australia
How much and how often are bonuses being awarded?
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Precision Medicine Compliance Analyst / Sydney
74 AUD per hourThe average hourly wage (pay per hour) for individuals working as Precision Medicine Compliance Analyst in Sydney is 74 AUD.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Precision Medicine Compliance Analyst in Sydney is 38 AUD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Pharmaceutical and Biotechnology |  -100% | |
| Assistant Pharmacist | 84,700 AUD | -45% |
| Assistant Pharmacy Director | 162,000 AUD |  +6% |
| Associate Medical Affairs Director | 229,000 AUD | +50% |
| Bioethics Specialist | 119,000 AUD | -22% |
| Biofabrication Specialist | 120,000 AUD | -22% |
| Bioinformatics Scientist | 202,000 AUD | +32% |
| Bioinformatics Technician | 92,100 AUD | -40% |
| Biological Scientist | 212,000 AUD | +39% |
| Biological Technician | 89,700 AUD | -41% |
| Biomanufacturing Technician | 111,000 AUD | -27% |
| Biomarker Scientist | 148,000 AUD | -3% |
| Biomedical Electronics Technician | 84,800 AUD | -45% |
| Biomedical Engineer | 86,100 AUD | -44% |
| Biomedical Engineering Director | 165,000 AUD | +8% |
| Bioprocess Engineer | 108,000 AUD | -29% |
| Biostatistician | 132,000 AUD | -14% |
| Biotechnologist | 132,000 AUD | -14% |
| Biotechnology Lead Data Manager | 109,000 AUD | -29% |
| Cell Therapy Scientist | 189,000 AUD | +24% |
| Chemical Process Technician | 93,600 AUD | -39% |
| Clinical Consultant | 130,000 AUD | -15% |
| Clinical Data Manager | 140,000 AUD | -8% |
| Clinical Data Specialist | 127,000 AUD | -17% |
| Clinical Informatics Specialist | 98,400 AUD | -36% |
| Clinical Operations Manager | 187,000 AUD | +22% |
| Clinical Pharmacist | 134,000 AUD | -12% |
| Clinical Pharmacy Specialist | 158,000 AUD | +3% |
| Clinical Programmer | 72,600 AUD | -53% |
| Clinical Project Manager | 127,000 AUD | -17% |
| Clinical Research Associate | 117,000 AUD | -23% |
| Clinical Research Manager | 192,000 AUD | +26% |
| Clinical Study Manager | 168,000 AUD | +10% |
| Clinical Trials Compliance Officer | 227,000 AUD | +48% |
| Compliance Specialist | 134,000 AUD | -12% |
| Computational Chemist | 165,000 AUD | +8% |
| Cytology Laboratory Technologist | 111,000 AUD | -27% |
| Cytotechnologist | 110,000 AUD | -28% |
| Digital Biomarker Developer | 132,000 AUD | -14% |
| Digital Health Specialist | 122,000 AUD | -20% |
| Drug Safety Specialist | 149,000 AUD | -3% |
| GCP Auditor | 113,000 AUD | -26% |
| Gene Editing Compliance Officer | 159,000 AUD | +4% |
| Gene Editing Specialist | 140,000 AUD | -8% |
| Gene Therapy Researcher | 146,000 AUD | -5% |
| Hospital Pharmacy Technician | 99,100 AUD | -35% |
| Manufacturing Engineer | 108,000 AUD | -29% |
| Medical 3D Printing Specialist | 104,000 AUD | -32% |
| Medical Affairs Director | 205,000 AUD | +34% |
| Medical Device Compliance Specialist | 136,000 AUD | -11% |
| Medical Device Data Analyst | 128,000 AUD | -16% |
| Medical Device Designer | 123,000 AUD | -20% |
| Medical Representative | 85,900 AUD | -44% |
| Medical Science Liaison | 158,000 AUD | +3% |
| Medical Technology Writer | 95,600 AUD | -37% |
| Molecular and Cellular Biologist | 222,000 AUD | +45% |
| Nuclear Pharmacist | 131,000 AUD | -14% |
| Pharmaceutical Compliance Auditor | 186,000 AUD | +22% |
| Pharmaceutical Manager | 243,000 AUD | +59% |
| Pharmaceutical Manufacturing Lead | 254,000 AUD | +66% |
| Pharmaceutical Operations Excellence Manager | 214,000 AUD | +40% |
| Pharmaceutical Process Engineer | 118,000 AUD | -23% |
| Pharmaceutical Production Assistant Manager | 154,000 AUD | +1% |
| Pharmaceutical Project Manager | 135,000 AUD | -12% |
| Pharmaceutical Quality Auditor | 152,000 AUD | -1% |
| Pharmaceutical Regulatory Affairs Assistant | 106,000 AUD | -31% |
| Pharmaceutical Regulatory Affairs Manager | 143,000 AUD | -6% |
| Pharmaceutical Regulatory Affairs Specialist | 116,000 AUD | -24% |
| Pharmaceutical Representative | 89,000 AUD | -42% |
| Pharmaceutical Research Associate | 132,000 AUD | -14% |
| Pharmaceutical Research Scientist | 205,000 AUD | +34% |
| Pharmaceutical Researcher | 201,000 AUD | +31% |
| Pharmaceutical Sales and Marketing Manager | 168,000 AUD | +10% |
| Pharmaceutical Sales Manager | 185,000 AUD | +21% |
| Pharmaceutical Sales Representative | 92,300 AUD | -40% |
| Pharmaceutical Supply Chain Manager | 198,000 AUD | +29% |
| Pharmaceutical Team Leader | 146,000 AUD | -5% |
| Pharmaceutical Technologist | 99,200 AUD | -35% |
| Pharmacist | 137,000 AUD | -10% |
| Pharmacogenomics Expert | 149,000 AUD | -3% |
| Pharmacovigilance Analyst | 144,000 AUD | -6% |
| Pharmacy Aide | 91,400 AUD | -40% |
| Pharmacy Manager | 190,000 AUD | +24% |
| Pharmacy Stock Controller | 74,900 AUD | -51% |
| Pharmacy Technician | 80,400 AUD | -47% |
| Precision Medicine Compliance Analyst | 153,000 AUD | +0% |
| Precision Medicine Specialist | 142,000 AUD | -7% |
| Records Management Coordinator | 71,500 AUD | -53% |
| Shift Encapsulator | 78,100 AUD | -49% |
| Staff Pharmacist | 136,000 AUD | -11% |
| Synthetic Biologist | 162,000 AUD | +6% |
| Telepharmacy Technician | 79,800 AUD | -48% |
Salary Comparison By City
| City | Average Salary |
| Melbourne | 148,000 AUD |
| Sydney | 153,000 AUD |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Australia is 5% on average across all career fields.
| Private Sector | 89,000 AUD | |
| Public Sector | +5% | 93,400 AUD |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Precision Medicine Compliance Analyst in Sydney?
A good and competitive compensation would range anywhere between 139,000 AUD and 158,000 AUD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Precision Medicine Compliance Analyst in Sydney ranges from 79,500 AUD to 115,000 AUD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
