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This question is about what a research and development scientist does, research and development scientist, and research and development scientist salaries.
Is R&D a good career?
Yes, R&D is a good career. Not only is R&D a lucrative career with lots of opportunities to grow, but it's also in high demand. R&D is a great career option for those who are interested in the science and technology sector and who are innovative and creative.
R&D plays an important part in the development of any core technology, internet-based companies, or those in life sciences, telecommunication, or even in core industries. For instance, there is a need for R&D in oil and gas, renewable energy, and, in fact, the whole area of energy.
Consistent with this, many companies today need to develop new products and services to keep up with the ever-changing technology world. For this reason, there are many high-paying jobs in research and development.
The average R&D professional makes $89,000 a year, with 10% of earners averaging $115,000 a year. Unlike many high-paying jobs, R&D professionals have a good work-life balance and report high levels of job satisfaction.
If that wasn't enough, R&D professionals are in high demand. R&D-related occupations, for example, have grown over the last four years at a faster pace (5.1%) than all occupations (1.9%) and are expected to continue growing at a faster pace (2.0%) than all occupations (0.7%), according to The Better Business Bureau.
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