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Formulation scientist hiring summary. Here are some key points about hiring formulation scientists in the United States:
Here's a step-by-step formulation scientist hiring guide:
A formulation scientist specializes in conducting different scientific experiments to create new products and enhance existing formulations. They usually work at laboratories to establish plans and objectives, conduct extensive research and analyses to design and develop a formula, create test structures to evaluate products, and set strategies to meet budgets, goals, and timelines. They also assess existing products to determine their weaknesses and strengths, developing solutions against potential issues and existing problems. Additionally, a formulation scientist maintains records of all procedures and implements protocols and safety regulations.
Before you start hiring a formulation scientist, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
A formulation scientist's background is also an important factor in determining whether they'll be a good fit for the position. For example, formulation scientists from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
This list shows salaries for various types of formulation scientists.
| Type of Formulation Scientist | Description | Hourly rate |
|---|---|---|
| Formulation Scientist | Medical scientists conduct research aimed at improving overall human health. They often use clinical trials and other investigative methods to reach their findings. | $30-60 |
| Research Chemist | A research chemist specializes in conducting studies and experiments to develop new products. Their duties primarily focus on conducting research and assessments, gathering and analyzing chemical samples, developing ideas, conducting tests to study chemical reactions, maintaining records of all procedures, and utilizing previous studies... Show more | $25-51 |
| Chemist | Chemists are generally responsible for observing and investigating chemical substances to create new and safe compounds essential for practical applications. They are often grouped depending on a particular area of specialization to focus and understand the complexities of the matter... Show more | $22-43 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $128,608 | $62 |
| 2 | Minnesota | $106,136 | $51 |
| 3 | Indiana | $102,870 | $49 |
| 4 | Arizona | $97,450 | $47 |
| 5 | New Jersey | $93,912 | $45 |
| 6 | Massachusetts | $93,884 | $45 |
| 7 | Illinois | $93,326 | $45 |
| 8 | Colorado | $89,595 | $43 |
| 9 | Maryland | $87,747 | $42 |
| 10 | Pennsylvania | $82,496 | $40 |
| 11 | New York | $81,799 | $39 |
| 12 | West Virginia | $80,090 | $39 |
| 13 | Missouri | $74,641 | $36 |
| 14 | North Carolina | $73,484 | $35 |
| 15 | Alabama | $71,633 | $34 |
| 16 | Florida | $63,717 | $31 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | BioMarin | $108,091 | $51.97 | 4 |
| 2 | Ironwood Pharmaceuticals | $105,427 | $50.69 | |
| 3 | Alkermes | $104,649 | $50.31 | 2 |
| 4 | PTC Therapeutics | $104,269 | $50.13 | 8 |
| 5 | Sutro Biopharma | $103,842 | $49.92 | |
| 6 | Ashland | $103,306 | $49.67 | 8 |
| 7 | AbbVie | $103,134 | $49.58 | 67 |
| 8 | Bayer | $101,775 | $48.93 | 52 |
| 9 | Promega | $101,548 | $48.82 | 4 |
| 10 | NovaBay Pharmaceuticals | $100,970 | $48.54 | |
| 11 | Corteva | $98,705 | $47.45 | 3 |
| 12 | Intellia Therapeutics | $98,343 | $47.28 | |
| 13 | DuPont | $97,347 | $46.80 | 4 |
| 14 | Regeneron | $97,292 | $46.77 | 35 |
| 15 | Vertex Pharmaceuticals | $97,170 | $46.72 | 7 |
| 16 | Nesher Pharmaceuticals | $97,116 | $46.69 | |
| 17 | PII Holdings Inc | $96,396 | $46.34 | |
| 18 | Pfizer | $95,657 | $45.99 | 44 |
| 19 | Product Quest | $95,493 | $45.91 | |
| 20 | Valent U.S.A | $95,454 | $45.89 | 1 |
A job description for a formulation scientist role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a formulation scientist job description:
There are various strategies that you can use to find the right formulation scientist for your business:
Recruiting formulation scientists requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've decided on a perfect formulation scientist candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
Once that's done, you can draft an onboarding schedule for the new formulation scientist. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
Recruiting formulation scientists involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
Formulation scientists earn a median yearly salary is $90,067 a year in the US. However, if you're looking to find formulation scientists for hire on a contract or per-project basis, hourly rates typically range between $30 and $60.