Advancements in the science industry have made a crucial impact on everyday life, from the discovery of LEDs – which brought life to mobile devices – to the development of newer, better medicines. These were all made possible by the tenuous efforts of researchers in the sector.
In the same vein, the sciences have always stood out from industries for the benefits it offers, and we elaborate on them here.
While demand for staff in certain fields, such as tourism, investment and real estate often see peaks and troughs depending on market performance, the science sector offers a rare oasis of stability and security.
For instance, although the effects of economic downturns and major recessions can still be felt, employment typically remains steady
Benefits for professionals in the scientific research and development (R&D) part of the industry are abundant, and one such perk is the pay, considered among the highest in the professional world. Competitive salaries are to be looked forward to, especially in the pharmaceutical arena, as the field is expanding and continues to observe a high demand for talents.
In Singapore, you could even expect to earn up to $110,000 annually as a research scientist. On top of that, researchers with knowledge of machine learning are particularly in high demand as the industry evolves and incorporates the use of Artificial Intelligence (AI) in R&D.
Making a difference
For many professionals, the ability to contribute towards research in significant areas of life has given them purpose. While the remuneration packages are attractive to some, the fulfilment gained from knowing that they are doing important work with a real impact on people is what drives most.
Finding gratification in a full-time role is an oft-overlooked aspect of getting a good job. Although it may seem like it’s an unattainable and abstract component of a position, if your passion lies in the sciences, follow it, and you might just find the best career for you.
In this sector, nothing is stagnant, and everything develops at a fast pace. Methodologies and common practices can advance in time periods as short as a year or two, causing snowball effects to reverberate through the whole field; innovations in machine learning frequently alter the way data is used and new instruments routinely transform the way scientists work.
As a result, science professionals often find themselves picking up new skills regularly. Furthermore, in some arenas, it has led to a highly collaborative environment, so if you’re always keen to master something new, and learning from others is an enjoyable affair, you’ll fit into this industry well.
Career advancement opportunities
The science sector always offers good career progression, regardless of experience. In fact, with some fields becoming more of a corporate endeavour these days, professionals may find that their experiences and areas of expertise can help them in career tracks outside of the laboratory.
In addition, with so many opportunities within the same organisation, employers often take the initiative to offer training in order to maintain a high staff retention rate.