Since joining Imperial College as rector in January 2001, former GlaxoSmithKline chairman Richard Sykes has been calling for better stipends for graduate students and postdocs, and more money in general for UK science. During the recent Biotechnology Industry Organization (BIO) meeting in San Francisco, he took a few minutes with Naturejobs editor Paul Smaglik to discuss scientific career paths, the shifting demographics of scientific employment and how academia can do a better job of preparing scientists to work with industry - whatever sector they stay in. This conversation has been lightly edited for brevity and clarity.