As of March 01, 2025, the average annual salary for a Chief Medical Officer in Newark, NJ is $613,832. Salary.com reports that pay typically ranges from $558,579 to $656,314, with most professionals earning between $508,275 and $694,992.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $580,809 | $48,401 | $11,169 | $279 |
| Average | $543,214 | $45,268 | $10,446 | $261 |
| 25th Percentile | $494,318 | $41,193 | $9,506 | $238 |
An entry-level Chief Medical Officer with under 1 year experience makes about $580,021. With less than 2 years of experience, a mid-level Chief Medical Officer makes around $584,969. After 2-4 years, the Chief Medical Officer pay rises to about $589,092. Those senior Chief Medical Officer with 5-8 years of experience earn roughly $595,689, and those Chief Medical Officer having 8 years or more experience are expected to earn about $603,936 on average.
| Levels | Salary |
|---|---|
| Entry Level Chief Medical Officer | $580,021 |
| Intermediate Level Chief Medical Officer | $584,969 |
| Senior Level Chief Medical Officer | $589,092 |
| Specialist Level Chief Medical Officer | $595,689 |
| Expert Level Chief Medical Officer | $603,936 |
| Entry Level | 7% |
| Mid Level | 8% |
| Senior Level | 8% |
| Top Level | 10% |
| Experienced | 11% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Case Management: Connecting patients with suitable healthcare providers, resources, and services to ensure they receive optimal, cost-effective care.
Quality Assurance: Verifying the adherence of product with required specifications and expectations to track and resolve deficiencies prior to product release.
| Skill | Salary | Demand |
|---|---|---|
|
Consulting
|
$675,215 |
10%
|
|
Planning
|
$669,077 |
9%
|
|
Clinical Trial
|
$669,077 |
9%
|
|
Integrity
|
$669,077 |
9%
|
|
Oncology
|
$669,077 |
9%
|
|
Clinical Research
|
$656,800 |
7%
|
