. Governments and funding bodies have come up with all sorts of ways of making it sound like a good thing (e.g. Postdoctoral students, or postdocs, also may have an opportunity to specialize further in a chosen field. I also saw people not being able to handle the pressure. Good luck competing against the postdoc with five times the publications as you — who also has yet to find a job. The median payu for family practice is $138,000.00. ", It is worse when the postdoc is at the same place as the Ph.D. The problem is more one of security and mental health than job satisfaction. Usually both PhDs and post docs get paid decent, but not industry standard, wages, in STEM (what is it now? Career Development Research requires time and money and in this day and age, the time typically spent in grad school is not enough to do a lot of top-quality research. $50k/yr is about $24/hr assuming 40 hr weeks, but that's a ridiculous assumption. I recently finished a book where the author analyzes the entire process of getting a PhD in physics. The following thread is brought to you by our sister Web site PostgraduateForum.com. Good point. They can hire more of them for the same amount of money.). Science and engineering postdocs are paid, just not very well, and science and engineering graduate students are also paid as well as having their tuition covered, so the point about debt is moot. Clearly such people are just looking for a comfy job. For the overwhelming majority of Ph.D. holders who do not become tenured professors, spending time as a postdoc comes at a hefty price. Digging yourself a hundred thousand dollar hole isn't a great idea right out of the gate. The average salary for a Postdoctoral Fellow is $47,783. Plus, postdocs don't pay as much as research or faculty positions. NIH BEST Blog Rewind If you are too far along to change the thesis title, and your field suddenly goes cold, you finish the PhD, while away time in post doc, acquiring skills in related fields, ready to jump when some job comes by. Apply for the "reaching for the stars" postdoc. My PhD and postdoc thought me that persistence in following something you want to do leads to success. Who needs money? I don't know the stats, but I'd bet that a lot of science and engineering graduate students have debt from undergraduate loans... but I'm guessing that's not what you mean. Not only will no-one care, they'll even pay for you to do it. I went looking for jobs in industry and a good chunk of them weren't going to pay me any more. As long as you're outside, you're dirt, to be used to support others as they take their great strides toward, well, whatever it is they do, as long as they keep the grant money flowing. Sometimes, I do wonder what I'm doing here. August 2019 From talking to dozens of other CS PhDs, the pay is about 23K/year (which is about what I got). You might think that doing an industry postdoc or internship will make a company want to hire you more because afterward you will have experience working for them. October 2020 Well, not if the alternative was starting a very successful business. Lots of people are doing interesting research at home with a modest budget. May 2019 That train left the station long ago. So I'll have to choose between permanently moving far away from friends and family, or leave my field of research. "String 'em along, get lots of cheap labor, and every once in a while give somebody a faculty position so the rest could dream. She went into it thinking that communication would be slower, and that the postdoc … It's a way to get some experience, put food on the table, and figure out what the hell you are going to do when it ends. 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