I am currently considering a PhD do the hundredth time, having graduated with a high 2:1 and an MSc. I have worked in the life science industry for three years however at twenty six, the salaries ahead look a bit daunting. I was earning higher wages working in bars as a student and the financial situation is really starting to get me down. I am considering doing a PhD to enhance my career trajectory, however I am subside which next step would be the most lucrative.

I don't know your company or area of work but in general I think if £££ is the goal then the best bet is work your way up... team manager, so forth... until your experience and skills afford you a more lucrative role! I don't know how a PhD would equip you better than the MSc you already have, unless you have a specific goal in mind that requires you to have a doctorate. Doing a PhD is a sure way to get stressed and strapped for cash! Do not enter unless you really want or need to have a PhD!

For anyone having trouble identifying suitable career opportunities post-PhD, I write weekly posts offering support and advice for researchers considering their options inside and outside of academia. The focus is predominantly for biomedical and life-science researchers as my own experience is in the pharma industry, but there are generic tips and advice for all researchers. Check it out at: