Has Leadership Considered This Option?

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Anonymous

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It seems that consultants run all of the pharma companies. Perhaps there is an alternative solution when product approval productivity is low.

Maybe freezes or reductions in expenses would negate the need for drastic termination measures. I believe, if analysis confirms, that the following would be options:

Salary reduction across the board (including top execs) (say 10%).
Temporary elimination of bonuses
Major caps on expenses (eliminate lunch programs)
Eliminate consultant contracts. If leaders cannot lead, get rid of them.
Make minor adjustments to benefits

These temporary measures may produce the same savings to the company. As new innovations are approved, increases in pay and benefits would be implemented. Those who want to leave can leave.
 






Anonymous said:
It seems that consultants run all of the pharma companies. Perhaps there is an alternative solution when product approval productivity is low.

Maybe freezes or reductions in expenses would negate the need for drastic termination measures. I believe, if analysis confirms, that the following would be options:

Salary reduction across the board (including top execs) (say 10%).
Temporary elimination of bonuses
Major caps on expenses (eliminate lunch programs)
Eliminate consultant contracts. If leaders cannot lead, get rid of them.
Make minor adjustments to benefits

These temporary measures may produce the same savings to the company. As new innovations are approved, increases in pay and benefits would be implemented. Those who want to leave can leave.
Click to expand...

WTF? Share the shit you're smoking, cause its got to be killer!
 






Anonymous said:
It seems that consultants run all of the pharma companies. Perhaps there is an alternative solution when product approval productivity is low.

Maybe freezes or reductions in expenses would negate the need for drastic termination measures. I believe, if analysis confirms, that the following would be options:

Salary reduction across the board (including top execs) (say 10%).
Temporary elimination of bonuses
Major caps on expenses (eliminate lunch programs)
Eliminate consultant contracts. If leaders cannot lead, get rid of them.
Make minor adjustments to benefits

These temporary measures may produce the same savings to the company. As new innovations are approved, increases in pay and benefits would be implemented. Those who want to leave can leave.
Click to expand...

What you are suggesting makes sense, IF it is the goal of the company to actually retain people.
In the case with this company, I believe it is the opposite.

I believe that since we are not allowed to bribe dr.s, then our ROI is dead. Worse, the liability from each rep has incresed 500 fold in the past few years alone. IE: DISCRIMINATION LAWSUITS, WHISTLEBLOWER LAWSUITS, OVERTIME LAWSUITS, ETC...

So the bottem line is we cost to much, therefore massive layoffs, industry wide.
Nice Suggestions Though, Just aimed at the wrong company.
 






Anonymous said:
What you are suggesting makes sense, IF it is the goal of the company to actually retain people.
In the case with this company, I believe it is the opposite.

I believe that since we are not allowed to bribe dr.s, then our ROI is dead. Worse, the liability from each rep has incresed 500 fold in the past few years alone. IE: DISCRIMINATION LAWSUITS, WHISTLEBLOWER LAWSUITS, OVERTIME LAWSUITS, ETC...

So the bottem line is we cost to much, therefore massive layoffs, industry wide.
Nice Suggestions Though, Just aimed at the wrong company.
Click to expand...

Yes, it is.
 






Geez, Reps are overpaid caterers to begin with. You think the company trains you better than med school trains physicians, or that physician experience is dumber than brand team studies?
The companies need to dump the high salary positions across the board...reps are just easy targets because they're walking around with food trays during the day.
 












Anonymous said:
Geez, Reps are overpaid caterers to begin with. You think the company trains you better than med school trains physicians, or that physician experience is dumber than brand team studies?
The companies need to dump the high salary positions across the board...reps are just easy targets because they're walking around with food trays during the day.
Click to expand...

I don't know about you buddy, but I WORKED for my money. Every damn day I was out there - no shit. It's people like you walking in being Mr. Big Shot Caterer that has painted such a bad picture for every Representative that does their work honestly and forthrightly.

I would NEVER be caught bringing food tray in - I make damn sure ALL food is delivered....AND that takes talent.
 






Anonymous said:
I don't know about you buddy, but I WORKED for my money. Every damn day I was out there - no shit. It's people like you walking in being Mr. Big Shot Caterer that has painted such a bad picture for every Representative that does their work honestly and forthrightly.

I would NEVER be caught bringing food tray in - I make damn sure ALL food is delivered....AND that takes talent.
Click to expand...


Yea and that makes you full of shit!
 






Novartis' goal is to save money by letting people go, not protect jobs right now. Your idea would be a possibility if there were some short and long term prospects out there for new products to sell, and if Reclast weren't going generic in 2013. Sorry to say..... Fat lady is singing real loud.
 






Anonymous said:
Yea and that makes you full of shit!
Click to expand...

WTF? I never deliver the food - I always have it delivered..'n the other thing, I am smarter than the idiot physicians working 10 + hours a day an on weekends. I'm running errands before lunch, or golfing afterwards. Watching the games on the weekends.

I go to work every day...well maybe every Tuesday thru Thursday - sometimes. I live in the same neighborhood they do, my kids go to the same school. His 401 might be better, but we live the same lifestyle. So who is smarter, the dedicated 60 hour/weekend physician or the 10 hour loafer? Hahahahahaha
 






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