The occupation consisting of biological scientists includes professionals such as biochemists, botanists, ecologists and microbiologists. Biochemists use their deep understanding of biology and chemistry to investigate living matter and its chemical structure. Their responsibilities often range from analysing chemical processes in living organisms to conducting research on relevant issues. The median income for biochemists in the United States as of May 2010 was £51,603 a year, according to the U.S. Bureau of Labor Statistics.
Biochemists tend to work a typical 40-hour week, and their salary can depend on grant funding in some circumstances, such as academic positions. About 23,200 biochemists and biophysicists held jobs in the United States in 2008, out of an estimated 91,300 biological scientist positions overall. Employment of biochemists and biophysicists will probably increase about 37 per cent through 2018, resulting in an additional 8,700 jobs in the occupation, predicts the U.S. Bureau of Labor Statistics.
Half of the biochemists who worked in the United States earned £36,751 to £69,166 per year, or £17.60 to £33.2 an hour, as of May 2010, reports the U.S. Bureau of Labor Statistics. The biochemists with the lowest salary made less than £27,982 per year, or £13.40 an hour, and those who earned the highest salary made more than £92,573 per year, or £44.5. The average salary for the occupation nationwide was £56,277 a year, or £27.0 an hour.
As of May 2010, the average income for biochemists in terms of location ranged from a low of £25,038 a year, or £12.0 per hour, in Puerto Rico to a high of £68,789 a year, or £33.0 per hour, in Georgia. Puerto Rico and Georgia had the lowest and highest median income for the occupation, as well. Biochemists who worked in Puerto Rico received a median wage of £23,003 a year, or £11.0 per hour, while those employed in Georgia earned a median salary of £63,063 a year, or £30.30 per hour. Most biochemists worked in California, where the average pay was £57,928 per year, or £27.8 an hour, and the median pay was £52,695 per year, or £25.3 an hour.
The best-paying industry for biochemists as of May 2010 was the offices of medical doctors, where they earned an average of £129,363 a year, or £62.1 per hour. The industry with the next highest pay for the occupation was general medical and surgical hospitals, which paid biochemists £72,884 a year on average, or £35.0 per hour. Yet, the majority of biochemists worked for employers specialising in services related to scientific research and development. The average wage for biochemists in the industry was £59,026 a year, or £28.3 per hour.