Hi All,
I've been working in the biotech arena for a little more than a year. (Graduated undergrad in the end of March 06 and landed a research technician position three weeks after.) I live in the Bay Area in CA and as a research technician for a large medical device conglomerate I made 54K. (This was in the R&D group of one of the subsidiaries.) I was able to publish an abstract as first-author, present a poster, attend conferences...it was really a great entry-level just-out-of-college position.
Ten months later, I changed careers and now work for another public medical device company as a clinical research associate (CRA) and make 65K and have excellent benefits. Although I've only worked in the industry for a year, I've gained valuable experience and I will tell you that you are settling if you get a job that pays less than 50K. Seriously, don't take the first thing that comes along. Unemployment is low right now and you can definitely strive for a higher salary. Make sure to gear your resume towards the exact position of the company and research the company's mission before you interview.
Plus, I travel frequently to hospitals, including medical school-affiliated ones, and have been able to work with doctors on a daily basis. It's great exposure as a pre-med!
All the best,
nokaliho