A neuroscientist researches the nervous system to develop treatments and pharmaceutical drugs for neurological issues. Their work is in some respects similar to that of neurologists. However, they focus more on studying neurological issues in a more general manner, whereas neurologists focus on diagnosing patients. In the US, neuroscientists earn about $100,000 per year while annual earnings in Australia are nearly AU$134,000 ($101,708 USD). Neuroscientists in New Zealand and Canada earn similar amounts in US dollar currency at NZ$112,000 ($77,115 USD) and C$97,000 ($76,082 USD), respectively, followed by the UK at £51,000 ($60,839 USD) per year. Those in South Africa earn more than R587,000 ($42,710 USD) and yearly neuroscientist salary in India is about Rs589,000 ($9,136 USD). Salaries for neuroscientists vary based on geographic region, professional experience, and work setting and further details on earning potential are outlined in this guide.
How Much Does a Neuroscientist Make per Year?
The chart below provides annual and hourly wages for neuroscientists in select countries worldwide.
|Neuroscientist Salary||US||Canada||UK||Australia||New Zealand||India||South Africa|
Factors that Influence the Neuroscientist Salary
While geographic region strongly affects annual salaries for neuroscientists, work setting and professional experience also provide heavy influence on earning potential. This guide provides information on salaries, as well as insight on working as a neuroscientist.
1. Geographic Area
Neuroscientist Salary in US
Neuroscientists in the US see annual earnings reach $100,000 plus another $2,700 in bonus income pay. Those earning an hourly wage receive an average of $48 per hour. Newly trained neuroscientists can expect an average entry level salary of about $70,000 per year, increasing with experience to roughly $124,000 annually for senior level professionals.
Neuroscientist Salary in Canada
In Canada, entry level neuroscientists earn about C$68,000 per year compared to more than C$120,000 in annual pay received by senior level professionals. Across all experience levels, the average annual salary is about C$97,000 while the hourly rate averages C$47 per hour. Bonus income can potentially add another C$2,600 or more to overall earnings.
Neuroscientist Salary in UK
Neuroscientists in the UK earn more than £51,000 per year, or £25 per hour, plus another £1,400 in bonus income pay. The average entry level salary for newly trained neuroscientists is about £36,000 while those at the top senior level earn close to £64,000 annually.
Neuroscientist Salary in Australia
Neuroscientists in Australia earn an annual salary of nearly AU$134,000, or AU$64 per hour. Bonus income potentially boosts overall earnings another AU$3,600. Entry level pay may reach AU$94,000 per year compared to senior level pay that is nearly AU$167,000 annually.
Neuroscientist Salary in New Zealand
In New Zealand, neuroscientists earn well over NZ$112,000 per year, plus another NZ$3,000 in bonus income. Hourly wage earners receive an average of NZ$54 per hour. Those early in their career can see an average entry level salary of nearly NZ$79,000 per year compared to those in senior level positions who earn about NZ$140,000 annually.
Neuroscientist Salary in India
Neuroscientists in India earn more than Rs589,000 per year, equating to about Rs283 per hour. An additional Rs16,000 in bonus income can increase overall earnings. Entry level pay is about Rs419,000 per year while those at the senior level earn well over Rs743,000 annually.
Neuroscientist Salary in South Africa
In South Africa, neuroscientists earn an annual salary of between more than R414,000 and R736,000. Across all experience levels, neuroscientists in South Africa earn an average annual salary of more than R587,000 while the average hourly wage is R282. Bonus income potential can add another R16,000 to overall earnings.
Regardless of salary amount, earning potential for neuroscientists increases between 77% and 78% worldwide with additional professional experience and responsibility. In the US, where earnings are on the higher end, the difference between entry level and senior level pay is about $54,000 per year, representing an increase of 77%. Likewise, in South Africa and India, where the annual pay is comparatively lower, senior level professionals earn about 78% more per year compared to their entry level counterparts.
Neuroscientists are employed in publicly funded research laboratories, universities, and government agencies, as well as the private industry at pharmaceutical and biotechnology companies. Those who work in the private sector may earn higher annual salaries and have more potential for bonus income compared to their colleagues in non-profit and public-sector employment. An exception to this may be those who are working at public universities as this research is often funded by private organizations.
Most neuroscientists work full-time during normal business hours from Monday through Friday. While there may be times when additional hours are necessary, more than a 40-hour work week is uncommon. Those employed at universities may enjoy longer breaks during holiday times that coincide with the school’s educational calendar.
Bonuses and Benefit Packages
Neuroscientists often receive healthcare coverage that includes medical, dental, and vision services and paid time off for holidays, vacation, and sick time. Other benefits may include retirement savings accounts, health savings plans, and allowances for professional memberships and conferences. Bonus pay is offered in all countries reviewed in this guide, though these additional earnings may be more prevalent in the private sector.
According to the US Bureau of Labor Statistics, the field of medical scientists, including neuroscientists, is expected to growth 13% between 2016 and 2026. A faster than average growth rate is expected as additional funding is allocated for research that improves overall health and helps identify new treatments. A career as a neuroscientist requires advanced education beyond a bachelor’s degree; however, many working in this field have a PhD or a medical degree.
Neuroscientists earn solid incomes worldwide with a full benefits package that often includes healthcare, paid time off, and bonus pay. Employment in this career field spans both the private and public sectors, and the future demand is expected to be faster than average compared to all occupations. This demand should maintain strong salaries and provide sufficient employment opportunities.