Layoffs in December

[anonymous]

what kind of “mad money” did zs reps come over with?

I think $150-165K

 

[anonymous]

I think $150-165K

They got 250K in AZ stock plus a base of 135-150K

 

[anonymous]

They got 250K in AZ stock plus a base of 135-150K

WOW! I knew the high base but wasn't aware of the stock. I assume Alexion reps got a sweetheart deal too.

 

[anonymous]

They got 250K in AZ stock plus a base of 135-150K

This is not correct

 

[anonymous]

They got 250K in AZ stock plus a base of 135-150K

ZS base was $120-140k RSU sign on was $110k. this is wrong info & way inflated. But if you kept the RSUs alone, it’s worth close to that much now.

 

[anonymous]

Bottom line is that pharma reps are effective, the model works, but you have to occasionally put in some effort. But most don’t. They sit around scheming different ways to screw the company over with the all day lie, hitting the gym after two, ahem, sales calls, and dreaming of the day they’ll get their whistleblower payout. Then COVID hit and the industry finally wised up and made remote promotion possible. But the reps didn’t wanna do that either. Face it, half of you are worthless overhead and the company will be far better off without you.

 

[anonymous]

Bottom line is that pharma reps are effective, the model works, but you have to occasionally put in some effort. But most don’t. They sit around scheming different ways to screw the company over with the all day lie, hitting the gym after two, ahem, sales calls, and dreaming of the day they’ll get their whistleblower payout. Then COVID hit and the industry finally wised up and made remote promotion possible. But the reps didn’t wanna do that either. Face it, half of you are worthless overhead and the company will be far better off without you.

You state "pharma reps are effective" and "the model works".

You're kidding right?

 

[anonymous]

You state "pharma reps are effective" and "the model works".

You're kidding right?

Pharma reps are effective. They’re inexpensive commercials.

 

[anonymous]

Pharma reps are effective. They’re inexpensive commercials.

True (sort of), IF you could see more than 1 or 2 prescribers a day that we're lucky to see.

 

[anonymous]

The blood letting in Renal today was severe. Some districts were cut 80%. Should be quite interesting to see what the territories and responsibilities are in 2022

 

[anonymous]

True (sort of), IF you could see more than 1 or 2 prescribers a day that we're lucky to see.

The average is much higher. Don’t forget the staff, people in the waiting area, restaurant, picking up the kids, etc. Pharma reps have a lot more touch points than they realize. It’s even more effective if they’re wearing a name tag

 

[anonymous]

The blood letting in Renal today was severe. Some districts were cut 80%. Should be quite interesting to see what the territories and responsibilities are in 2022

That is brutal. Any info on the severance packages?

 

[anonymous]

ZS base was $120-140k RSU sign on was $110k. this is wrong info & way inflated. But if you kept the RSUs alone, it’s worth close to that much now.

I got 250k in stock that vested in 4 years. Not a lie. The bonus at ZS was also much better at 50k

 

[anonymous]

I got 250k in stock that vested in 4 years. Not a lie. The bonus at ZS was also much better at 50k

REALLY!!!!!!……………sure you did…….LOL