Salary and Job Satisfaction among PhD Holders

Results from the 2025 Observatory Survey — Focus on Belgium

Published

September 10, 2026

Reasons for Staying in — and Leaving — Academia

Why researchers pursue an academic career

Figure 1

What pushed PhD holders to leave academia

Figure 2

Salary among Belgian PhD Holders

Net salary distribution

Note

For context, master’s degree holders in Belgium earn approximately €3,480 net/month (estimated from Statbel’s 2022 gross figure of €5,951, source, applying 2026 tax rules), while young university graduates starting their career earn approximately €2,156 net/month (estimated from Acerta’s 2025 gross figure of €2,982, source, same method). Salary increases strongly with seniority in Belgium, and the survey sample skews young, so the entry-level figure is likely more representative here.

Figure 3

How salary is determined

Figure 4

Did your PhD lead to a more attractive salary?

Figure 5

Satisfaction with Salary and Benefits

Figure 6

By sector

Table 1
Mean satisfaction with salary and benefits by sector
Respondents working in Belgium (1 = Very dissatisfied, 5 = Very satisfied)
Sector N Mean satisfaction
Government / Public authorities 198 3.97
Business: Industry 204 3.94
University/Research center 533 3.82
Business: Services 158 3.73
Figure 7

Association between salary satisfaction and overall job satisfaction

Beyond the objective salary amount, respondents’ subjective satisfaction with their salary and benefits is also related to their overall job satisfaction. The crosstabulation below shows a clear pattern: among respondents very dissatisfied with their salary, over half also report low overall satisfaction (levels 1-2), whereas among those very satisfied with their salary, the large majority report high overall satisfaction (levels 4-5). This association is confirmed by a Spearman correlation of 0.46 in the full sample and 0.41 among Belgian respondents, indicating a moderate, positive relationship between the two dimensions.

Table 2
Overall satisfaction by salary satisfaction for respondents working in Belgium
Row percentages
Overall satisfaction
Satisfaction with salary and benefits
1 (Very dissatisfied) 2 3 4 5 (Very satisfied)
1 47.8% 26.1% 8.7% 17.4% 0.0%
2 20.3% 18.9% 16.2% 23.0% 21.6%
3 9.3% 15.3% 31.6% 33.0% 10.7%
4 2.8% 9.4% 14.6% 52.4% 20.7%
5 0.7% 2.0% 5.1% 39.5% 52.7%
Spearman correlation: ρ = 0.46 (full sample), ρ = 0.41 (Belgian subsample)

Effect of Salary on Overall Job Satisfaction

To assess the effect of salary on overall job satisfaction, we compared three modelling approaches: OLS linear regression, binary logistic regression, and ordinal logistic regression (cumulative link model, CLM). OLS was ruled out because it treats the five-point satisfaction scale as continuous and equally spaced — an assumption the data clearly violate, as confirmed by strongly non-normal residuals. Binary logistic regression was discarded because collapsing the scale into a satisfied/not-satisfied dichotomy unnecessarily discards information about degree of (dis)satisfaction. The CLM, which respects the ordered nature of the five response categories, was retained as the most appropriate model. Its proportional odds assumption was verified using the Brant test: while a few control variables show minor violations (notably contract type), the assumption holds cleanly for salary across all contrasts. However, it is worth noting that salary has a significant effect across all models considered.

Each model controlled for research intensity (low vs. high), contract type, presence of children, nationality, relationship status, research field, whether a PhD was required for the position, and age.

The analysis was conducted on the full sample and replicated on Belgian respondents only. For the Belgian subsample, the original absolute thresholds could not be retained: the lowest salary bands contained too few respondents (e.g., only 6 below €1,000/month) for stable model estimates, reflecting how few PhD holders working in Belgium in this sample earn low salaries. Salary categories were therefore redefined relative to national benchmarks (national median, mean, and 90th percentile), ensuring sufficient sample size per category while preserving a meaningful interpretive anchor.

Full sample

In the full sample, the results show a clear positive association between salary and predicted overall satisfaction. Predicted satisfaction rises from 3.3 among those earning below €1,000/month to 4.2 among those earning over €4,000/month on the five-point scale.

Figure 8

Belgian respondents

Among Belgian respondents, the same upward pattern holds, but with a plateau at the top. Predicted satisfaction rises steadily from 3.73 among those earning below the national median, to 3.87 around the median, and to 4.03 above the national mean. Beyond that point the gains largely disappear: those earning around the national 90th percentile (4.11) and those earning well above it (4.09) report virtually identical predicted satisfaction, with overlapping confidence intervals. In other words, for Belgian PhD holders, earning more than the national top decile does not appear to translate into additional satisfaction — most of the benefit of a higher salary is already captured at or above the national mean.

Figure 9

Annex: Regression Model Outputs

The tables below report the predictor coefficients from the two ordinal logistic regression (CLM) models as odds ratios with 95% confidence intervals. Threshold parameters (the cut-points between ordered response levels) are omitted for readability.

Full sample model

Because salary is ordered rather than nominal, R’s default polynomial contrasts decompose its overall effect into linear, quadratic, cubic, and quartic components (labelled .L, .Q, .C, and ^4 in the tables); the linear (.L) term is the most relevant, as it captures the dominant, monotonic trend of increasing satisfaction with salary, while the higher-order terms indicate minor deviations from strict linearity at specific points along the scale.

Table 3
CLM — Full sample
Outcome: overall job satisfaction (1 = Very dissatisfied, 5 = Very satisfied)
Variable Odds Ratio 95% CI (low) 95% CI (high) p-value
salary_5cat.L 3.74 2.55 5.47 < 0.001
salary_5cat.Q 0.85 0.61 1.18 0.336
salary_5cat.C 1.48 1.11 1.97 0.008
salary_5cat^4 0.74 0.59 0.92 0.008
Lowresearch 1.51 1.19 1.90 < 0.001
CDIInterim 1.32 0.53 3.27 0.549
CDIPermanent contract 1.66 1.35 2.05 < 0.001
childrenWithout Children 1.09 0.88 1.35 0.435
Nat 1.10 0.89 1.34 0.377
couple 1.26 1.00 1.59 0.050
fieldSEN 1.10 0.88 1.37 0.401
fieldSHS 1.24 0.97 1.57 0.082
Q114_phd_requiredNon 0.89 0.71 1.10 0.270
age 0.98 0.97 1.00 0.109

Belgium model

Table 4
CLM — Belgium
Outcome: overall job satisfaction (1 = Very dissatisfied, 5 = Very satisfied)
Variable Odds Ratio 95% CI (low) 95% CI (high) p-value
salary_5cat_be.L 2.12 1.49 3.01 < 0.001
salary_5cat_be.Q 0.78 0.58 1.04 0.089
salary_5cat_be.C 0.91 0.69 1.20 0.491
salary_5cat_be^4 1.02 0.81 1.28 0.861
Lowresearch 1.69 1.29 2.20 < 0.001
CDIInterim 1.31 0.40 4.25 0.656
CDIPermanent contract 1.85 1.41 2.43 < 0.001
childrenWithout Children 1.02 0.78 1.33 0.881
Nat 1.31 0.97 1.78 0.079
couple 1.32 0.98 1.78 0.071
fieldSEN 0.89 0.67 1.18 0.430
fieldSHS 1.07 0.79 1.45 0.665
Q114_phd_requiredNon 0.91 0.70 1.19 0.503
age 0.99 0.96 1.01 0.264