Earlier quoted context omitted.
Salaries are basically limited to $50-70k a year with 50-60 hour workweeks. If you did a PhD in Biochemistry, you could make $100-200k a year plus stock working 40-50 hours a week at most working for Pfizer in Cambridge MA instead of earning around $60k working 50-60 hours as a Postdoc at a regional Boston based program like BU or Northeastern - you have to pay the same amount for rent and groceries, but you earn hal…
But what's the actual problem that fewer postdocs causes?
Fewer U.S. scientists are pursuing postdoc positions, new data show
31–40 of 77 posts
Re: Fewer U.S. scientists are pursuing postdoc positions, new data show
#32Earlier quoted context omitted.
There was a shortage of them already. The shortage only got worse
Shortage should lead to a better pay and(or) a higher vacancy. However those are not the case.
> a higher vacancy
This absolutely IS the case. The US used to fix this through immigration, but Chinese researchers are de facto blacklisted now and Indian researchers are increasingly deciding to return to India instead of waiting 15-20 years for naturalization.
Re: Fewer U.S. scientists are pursuing postdoc positions, new data show
#33I made $16,800 a year while getting my PhD. Sometimes that required me to teach, when we had funding, it was just research. Grueling hours, abusive PI, for 6 years of my life. I helped bring in over 4 million dollars in grants to my university. After about two years, I was highly skilled and founded a new core facility that I kept running for the next 4 years while finishing my PhD. When I graduated, I had someone of…
And with a BS in CS or Math what would you have made going to work for a FAANG? How do universities have all these endowments and not pay more? >> $16,800 This is like 5 weeks of work at minimum wage... You would have been better off with a side hustle at macdonalds. >> We need better PhD student and postdoc wages. Living wages would be a start, then better. EDIT: I fat fingered the 2... that was supposed to be 25...…
Re: Fewer U.S. scientists are pursuing postdoc positions, new data show
#34Earlier quoted context omitted.
But what's the actual problem that fewer postdocs causes?
There really isn't one in my opinion. Academic postdoc positions in many fields are pitched as a stepping stone to professorship, but professor positions are very few so you end up with PHDs continuing the low-pay grind after graduation to prop up academia for a dream that doesn't come true. I think it's good more are recognizing this and just going to industry, maybe eventually this will cause problems and academia…
The fundamental issues with postdoc salaries and grantmaking lies with the US Government. It is the grantmakers like the CDC, NIH, CMS, DARPA, etc that essentially set postdoc salaries for grants.
And these agencies are completely averse to change.
Furthermore, us in industry are NOT going to fund fundamental or experimental research due to relatively low margins.
Re: Fewer U.S. scientists are pursuing postdoc positions, new data show
#35Postdocs are such a scam role. These are PHD educated scientists who have spent 4+ years on PHD getting paid like $50k-$70k/year with basically dead end jobs where they must leave to another place to get a tenure track role since they're already considered 2nd class at the institution the postdoc is at.
$50 - 70k would be nice, but we’ve seen lower in some states
Re: Fewer U.S. scientists are pursuing postdoc positions, new data show
#36Earlier quoted context omitted.
I’m guessing one big driver is fewer professor jobs open
Yeah the competition for those professor jobs is pretty fierce. Don’t you basically have to do a postdoc to be considered for a tenure track position in the States these days (unless you are some prodigy)?
Re: Fewer U.S. scientists are pursuing postdoc positions, new data show
#37Earlier quoted context omitted.
..and having a lot of them didn't improve the situation.
There was a shortage of them already. The shortage only got worse
Re: Fewer U.S. scientists are pursuing postdoc positions, new data show
#38Earlier quoted context omitted.
And with a BS in CS or Math what would you have made going to work for a FAANG? How do universities have all these endowments and not pay more? >> $16,800 This is like 5 weeks of work at minimum wage... You would have been better off with a side hustle at macdonalds. >> We need better PhD student and postdoc wages. Living wages would be a start, then better. EDIT: I fat fingered the 2... that was supposed to be 25...…
5 weeks of work at minimum wage is nowhere near $16,800...