Is it true OCEAN done in September?

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Often, the terms of the contract between the CSO and the client pharma company will measure the number of vacant territories and number of details per call cycle as part of the determination of the compensation due to the CSO.

So, interviewing and even filling vacant territories even though the contract is not yet extended helps the CSO to meet THEIR metrics with their client. At the very least, it makes sure the pipeline is full of candidates to fill vacancies once the extension decision is made.

Unfortunately, it has little to do with the likelihood of an extension. I'd be very hesitant to take a position on Oceans at this point.
 






Anonymous said:
By the way, if it's over, are we talking Sept. 1 or Sept. 30th? Technically this contract probably started Sept. 1 with the hiring of DMs, etc. Sales reps started Sept. 19th. If this is truly 1 year from official start, we're done at the end of August or BY Sept. 1. That seems REALLY near.
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I've been wondering the same thing. I thought it was about one year from when we started selling in field, so I assumed we were looking at the END of September. But now I don't know... I think everyone is antsy. I hope they let us know the first of June.
 






Anonymous said:
I've been wondering the same thing. I thought it was about one year from when we started selling in field, so I assumed we were looking at the END of September. But now I don't know... I think everyone is antsy. I hope they let us know the first of June.
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Things have been eeerily quiet. Who knows what this means. Is the contract with AZ in negotiations or what?
 






AZ needs to find out what they are going to do first. I would think because the lack of info for so long only tells me it must be coming to an end in Sept as planned. Good luck to us all. Do what you do and hope for the best.
 






I still think it could be earlier (end of July). Although at this point, I doubt they'd care about a couple months. Does anyone out there have a DM that shares their real opinion and thoughts?
 












Anonymous said:
From what I know our POA is still being approved....So maybe we will have one, maybe not.
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POA doesn't mean anything... They're going to be 1-day district meetings and they're 2 months off. If we don't hear that the contract is extended the first week of June, I think we can assume it's done. I'll still work, but I'd really like to know ASAP to plan!! This is the worst part of contract.
 






Anonymous said:
POA doesn't mean anything... They're going to be 1-day district meetings and they're 2 months off. If we don't hear that the contract is extended the first week of June, I think we can assume it's done. I'll still work, but I'd really like to know ASAP to plan!! This is the worst part of contract.
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It makes no sense at all to have a POA if the contract is not going to be extended. If the POA is for just 1 day, a district conference call would accomplish the same purpose. AZ is funding the POAs so there must be a reason. Also, open territories are posted and being filled. This would probably be put on hold if the contract extension was not going to happen. Metrics with only 3 months left would not make much difference with a new hire as they have to be trained, etc, on Crestor. Look for the contract to go through 2013.
 






This whole thread is getting pretty funny. Everyone keeps repeating the same thing over and over. The whole idea of a POA meeting is hilarious. They keep changing the date and making a one or two day meeting with possible overnight involved. Either way, we could have the pointless POA's and still be let go. Not sure about the rest of you, but the fact that we don't have a bonus yet, and have not been told what the plan is, makes me think we are done. It would be nice if they gave us a heads up, but that is a pipe dream. I am curious how many of you are still making calls and actually working. I started the interview process and have a lot of good options at this point. I am trying to hold on until at least the bonus is decided on and maybe even paid out, but I can't wait forever. For those of you from other contracts, any input if they are all this bad, or is this new? Not telling us anything is not a good sign in my opinion. Or the fact that there are sooo many reps sampling Crestor at this point. My 2 cents is to slack off, enjoy being paid for working part time and start looking. It is tough to explain how we don't have a ranking or numbers to other companies, but they understand the contract situation and pretty much know it is a joke.
 


















Anonymous said:
This whole thread is getting pretty funny. Everyone keeps repeating the same thing over and over. The whole idea of a POA meeting is hilarious. They keep changing the date and making a one or two day meeting with possible overnight involved. Either way, we could have the pointless POA's and still be let go. Not sure about the rest of you, but the fact that we don't have a bonus yet, and have not been told what the plan is, makes me think we are done. It would be nice if they gave us a heads up, but that is a pipe dream. I am curious how many of you are still making calls and actually working. I started the interview process and have a lot of good options at this point. I am trying to hold on until at least the bonus is decided on and maybe even paid out, but I can't wait forever. For those of you from other contracts, any input if they are all this bad, or is this new? Not telling us anything is not a good sign in my opinion. Or the fact that there are sooo many reps sampling Crestor at this point. My 2 cents is to slack off, enjoy being paid for working part time and start looking. It is tough to explain how we don't have a ranking or numbers to other companies, but they understand the contract situation and pretty much know it is a joke.
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I agree that this thread is pretty funny... I haven't posted before, yet I keep coming back to look at it to so see if there's any information with any validity. But of course it is just the same speculation over and over. Some people are more optimistic than others. Those that have been in the industry a while or done any other contracts have a better gut feeling that this WILL be ending as scheduled. I just can't stand the quiet and the not knowing. I guess this is just the way it goes with contract. It's not that different from when I was a direct rep and waiting for an impending lay-off... But what IS different is that there is 0 severance, little notice and sometimes they want you to work right up until the very LAST day of the contract and then that is it. I can't imagine doing this if I were the primary breadwinner in my family. Good luck to all and plan accordingly!
 


















RS is a team of RS's! Don't know who the real RS is but I'll guess.

Rommey Saad- the master mind behind all contract negotiations.
Ryan Sweeny- HR
Rita Starks- Compliance
Randal Stevens- me a loyal AZ rep!
Rick aka Rocker Skampanski- AZ HR
Randi Sheehan- AZ compliance
 






Thanks to the above two posts, I can breathe easy now! I am so happy to hear I will be employed through the holidays and into 2013!! Now I don't have to update my resume or worry about where my next paycheck is coming from... I'm so thankful for CafePharma and the information on here!
 


















This is getting funny..I love the sarcasm in the previous post. Don't you think it is a bad sign that the POA keeps changing? We don't have any input on our bonus yet? We are about 9 months into this contract and we have only been paid out bonus for the first 2 months? They sent out emails asking us to update our Publics profile in case there are other contracts we could be a good fit for? I am not sure how stupid most of you are, but these are not signs of a strong contract extension or a solid company. I know most of us are happy to have a job, but you would be foolish to plan on this job lasting much longer, or being paid out what we have earned.. Just saying.
 












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