The amount of money you earn in science or research will really depend on what area you are working in, what industry, at what level etc etc. Most people I know who go into research do it because they love their topic and want to be able to do what they enjoy as their job every day, rather than for the paycheck.
I don’t think money plays much of a factor in why I went into social and health research to be honest. I enjoy helping people a lot more than earning lots. I think you can feel better in yourself when your motivated by what you enjoy rather than the money.
As a PhD student you get a bursary of around £15,000 per year which is all tax free and very easy to live off. On top that I do things like demonstrate lab practicals to undergraduates, which is a nice bonus. I also know people that tutor to make a bit more money. The average salary for someone with a chemistry PhD is apparently £37,000
That’s a question a lot of people are asking us in the live chats, and I see there are already some very good answers here. I’ll just add my personal view, which is that when you’ve found something you thoroughly enjoy doing (science in our case, maybe something different for you) and that allows you to live a comfortable life, there’s not much more to ask for.
As others have said, and I feel the same, money wasn’t the reason I got into nuclear. I love the subject area and knowing I am contributing to green electricity generation. Being paid well is a perk of the job. Most graduate salaries in the nuclear industry start about £30,000 and depends on whether you have a Bachelors or Masters degree or a PhD.
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