The salary varies depending on whether one is employed in research, counseling, education, or medicine. On the average, those paid the highest are the ones who work in medical genetics, closely followed by those in genetics research for biotechnological companies. These are followed by those working as counselors and professors in graduate schools. The lower end of the spectrum consists of those working as technologists and research associates.
Some of the highest paid geneticists have six-figure annual salaries. They do research work for large multinational firms or corporations that deal with biotechnology. The salary range though for those in research range from approximately $60,000 to almost $100,000. Some earn as much as $230,000 a year. Comparatively speaking, researchers who work for the government earn less than those who work in the private sector.
Medical geneticists who are also medical doctors are paid more on the average. Their starting salary is about $90,000. This can then go as high as about $125,000. This is only fair considering the amount of responsibility they face and their educational background, which starts with pre-med courses during college followed by medicine, then ultimately specializing in genetics. Those paid really high among them have taken further subspecialties in molecular genetics pathology or medical biochemical genetics.
Genetics counselors and professors have similar salaries, with professors earning a little bit more. Those in genetics counseling earn $53,000 on the average. Assistant professors earn a bit more ($54,000) while associate professors earn an average of $64,000. Full professors earn about $84,000. Incidentally, biotech technical writers earn considerably more compared to others in genetics education with the exception of full professors. They are paid an average of $75,000.
Those who basically assist other geneticists have the lowest salary among geneticists. This is approximately $45,000 for the molecular biology research associate and $42,000 for the cytogenetic technologist. The average salary of those who are employed by private companies is higher than those employed by government institutions. A biological science technician employed by the US Federal government earns around $38,000 a year.