While I agree that academia has more flexibility in terms of work hours/balanced work life you’re able to focus on the areas that you’re truly passionate about, I really think working in the industry gives you more opportunity to branch out into different positions. Industry allows you to see the business side of things along with the developmental process. Someone mentioned before about having stress due to budget cuts, etc. I actually disagree; I think if you’re working for a company that deals with the development of innovative medical devices, there’s not too much to worry about since that field is always expanding. Also, as people stated before, the pay is definitely better!

In my personal experience, I think working in the industry is a good way to network and also learn new skills. You’re forced to work with people you may not particularly like (which sounds awful), but you really learn how to deal with those issues in a professional matter. The only downside I can see is that there is always a competitive nature between different companies, which can bring unwanted politics into your work life.

Ultimately, it depends on the person and what he/she wants out of the experience.