Anonymous
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Anonymous
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any comp info and general info on the bio-therapeutics position? thanks
I was wondering the same thing. Recently contacted by a recruiter for this and was told it is a new division and they are looking to hire 50+ reps nationwide.
From what I can tell looks like SN bought this line from Healhpoint and is trying to relaunch some older products. Claims of massive growth, huge pipeline etc. etc.
Can you share anything the recruiter said regarding comp etc.? Are you in wound care currently?
Currently a rep but looking to leave. My base is 85k. At plan bonus puts you at ~135k. Give you car, expense acct, phone, etc. Run very much like a pharma company. Some OR but most existing business is in wound care centers. Lot of competition. 50 some products to compete against. Things are changing now as S&N is becoming more integrated into the original Healthpoint culture. Bonus structure is super confusing/don't know you're not making money until it's too late. Payments are delayed due to reporting. Don't get our 2Q bonus checks for another week or two. What else you need to know?
This division is like a pharma job not a device job. You call on doctor offices and nursing homes. When you do call on a hospital it is their wound care department not the OR. You are tracked similar to a pharma job with the same catering (breakfast/lunch) expectations as a pharma job.
Ok previous employee to help balance and set the record straight. Biotherapeutics has two sales forces. One sells Santyl and Regranex to long term care facilities, nursing homes, and hospital pharmacy (referred to as TMs). Then there is the Oasis group called (ATTMs). Both get expenses, car, bases between $65-$85k depending on experience. Both have to log in calls daily which get monitored and they both get paid quarterly due to delay in data. Both positions are treated like pharma, but Santyl is more so. Don't fall into hype with Oasis that it is an OR position. They cannot make up their mind about about whether they want to focus on OR or the wound centers. This has been a problem for years. They are a wannabe surgical company that will never be. Also, don't allow the Oasis side to sell you on a product called 802. It is a long way a away from being released and you have no guarantee that you will even have it in your bag. They are selling futures!
Ok, here is the good.... They are fun like pharma. They like to do a lot of sales spiffs. They love to recognize top performers. You can earn up to $200k but that is maybe the top 5 reps on each salesforce. They also do awesome incentive trips which are top notch. You get all expenses paid, including your car, cell phone, iPad, and computer. The 401k and employee stock purchase plan is TOP NOTCH!
Like anything else in life, and working for any company, you need to pick what is most important to you and your family.
Hope this helps!