sales

alright, so the company was a sales rep oriented company up until the last year or so, the ceo is very focused on what he has goal wise, to be a billion dollar company...he has tasked the exec vp with this goal, making all positions expendable.

bottom line is Merit used to be a sales oriented company, but has moved away from this

if you are looking to get into Medical sales, this is a good place to start if not, stay with your current employer or look elsewhere, they are not going to reward you for your contacts within the call points or reward you for multiple years of success

the pressure has been ratcheted up from low to high...

what changed in the last year?? was the company ever really a low pressure company?? every med dev company i worked for was high pressure. nature of the beast.
 






sounds like a typical medical device company to me....lots of sales pressure...a goal to get somewhere....a demanding CEO....and a vp that wan't to get to a billion. merit is still in my top 3 of places i'm trying To get into. can't wait to be part of the crazyness!

Beware!!!!!!! Once they hit a Billion in sales it is all over for the reps. Medline used to be a good place to work until they hit a Billion in sales in 2000. After that they felt the reps were an un-needed expense and became cattle to the owners.

Something about hitting a goal like a Billion changes a company in ways they never expected, and not for the better.
 






Beware!!!!!!! Once they hit a Billion in sales it is all over for the reps. Medline used to be a good place to work until they hit a Billion in sales in 2000. After that they felt the reps were an un-needed expense and became cattle to the owners.

Something about hitting a goal like a Billion changes a company in ways they never expected, and not for the better.


AMEN TO THAT. Once they hit a big goal like a Billion, reps are not respcted anymore. They forget who brought them to the dance.
 






























Beware!!!!!!! Once they hit a Billion in sales it is all over for the reps. Medline used to be a good place to work until they hit a Billion in sales in 2000. After that they felt the reps were an un-needed expense and became cattle to the owners.

Something about hitting a goal like a Billion changes a company in ways they never expected, and not for the better.

This post is riddled with wild presumptions. I hope Merit gets to the big "B" soon. It would be a great accomplishment for a Merit vet like me to see. The nature of any for-profit company is growth and high expectations. If you can't handle that at Merit or anywhere else you should consider being a florist.
 
























Total comp completely sux for the work you do! Competitors in the same arena are making almost twice what I make!! Merit is "me too" commodity products, not a market leader, and so many people don't even know who Merit is. It's a joke of a company!!!
 












I too was contacted and am curious abt total comp. I don't want to waste my time if it's low 100's. In device/ OR now and 140-150. Is there a chance at that? It would seemingly get me into the EP/cath/IR space.....
 












Here's what a Merit recruiter wrote to me:

"Our compensation package consists of a base, guarantee, bonuses and an uncapped sales commission plan. Meeting quota your first year will equal a total compensation of $95k - $105k, by 2nd yr: $110k-$125k and by 3rd yr: $130k+. We also offer a comprehensive benefits package to include a company matched 401k plan."

I have no idea if that's accurate, but matches what people are saying above. It's low for the space, but may be reasonable, based on a commodity position. The territory that they contacted me about is very large.

Although Company matched 401k's are nice, insurance is a big deal. It can cost thousands more to live with a hd plan. Also, no company car??

My question: What are the managers like? How often do they ride-along? What CRM are you using?

I am working for a manager who knows nothing about health care (doesn't even have a healthcare background at all) is a tool in front of my customers and loves to spring himself on me since I live close by, with 2 days notice. Generally, it's when he looks at his calendar and sees that he's not going to get enough days in the field to meet his quota.
 






Here's what a Merit recruiter wrote to me:

"Our compensation package consists of a base, guarantee, bonuses and an uncapped sales commission plan. Meeting quota your first year will equal a total compensation of $95k - $105k, by 2nd yr: $110k-$125k and by 3rd yr: $130k+. We also offer a comprehensive benefits package to include a company matched 401k plan."

I have no idea if that's accurate, but matches what people are saying above. It's low for the space, but may be reasonable, based on a commodity position. The territory that they contacted me about is very large.

Although Company matched 401k's are nice, insurance is a big deal. It can cost thousands more to live with a hd plan. Also, no company car??

My question: What are the managers like? How often do they ride-along? What CRM are you using?

I am working for a manager who knows nothing about health care (doesn't even have a healthcare background at all) is a tool in front of my customers and loves to spring himself on me since I live close by, with 2 days notice. Generally, it's when he looks at his calendar and sees that he's not going to get enough days in the field to meet his quota.

That pay sounds accurate as many of the new hires are coming with very little experience so my guess is they are offering low pay now. Correct there is no company car but mileage is paid at around $0.52/mile. Managers typically have 7-9 reps and typically rotate with one rep a week, so your manager would ride along about once every two months for 2-3 days. The company uses SalesForce

A year ago the sales force was split into two divisions CV and Interventional. CV has most of the core Merit products while Int has responsibility for EP,Embolics, Dialysis, Snares and Infusion. Territories are extremely huge covering two states often more which is a stretch when you consider you may be calling on CCL, IR, CT, US,Vas Surg,Nephrologist

Both divisions have their issues with the CV division being heavily into commodity products where price is the decision making factor for the buyer. The Int division has issues with much of its EP line also being OEM to device companies and distributors so reps are often competing against their own products which are often bundled are given away by CRM device reps
 






can anyone give an update on this company now? A recruiter called and looking for info? Seems lots of divisions and products. What is merits best product/division? Pay? Culture? Leadership?