Terumo Interventional

Charlie Baker...is this you posting about yourself again?!? :-O



Yes, this is accurate. Speaking from experience, proceed with caution, this company is NOT an easy one to work for. The training program is still in its infancy and their management is mostly comprised of top sales reps, many of which were of course spectacular sales reps, but they cannot manage effectively. There are of course exceptions, but many manage through intimidation with little or no useful help on ramping up. They basically swing hammers above their reps' heads all day.

It will be difficult if you have not sold in the cardiac space...there is a HUGE amount of clinical information to absorb and 28+ unique products to learn, all with many SKUs within each. Their head trainer Charlie is absolutely outstanding (personally and knowledge wise) but once he cuts you loose it's a race to get into the swing of things. They give you very little grace time to learn anything or produce growth.

My advice - document EVERYTHING. Direction from your manager, anything that has a timeline on it, etc etc. Bottom line is that it's not an easy job, that's expected, but my point is that it's an unusually and unnecessarily difficult sales organization to work for. Good luck and all the best.
 






Rep in Detroit says he is #1 and makes 400K.

So my name is Andrew and I'm the rep in Detroit quoted above. A friend recently told me about this website so I thought I'd correct the comment from above. (It does anyone reading this seriously a disservice to hear (and believe) false statements like above).

To set the record straight, yes, in FY'12 I was rep of the year...and NO, I did not make $400K in compensation from Terumo that year.

That being said, if you are a competent medical device professional and you enjoy the endovascular space, Terumo is very solid company. Between the quality products with existing high marketshare (I'd rather sell a BMW than a Yugo), decent quality of life (no pager or call - I came from Ortho/trauma - I should know), overall comp plan, and longevity of career for performers - there aren't many better places to be.

This is just my personal opinion, but I'd rather take a consistent $200K-$250K for the next 15 years with the most conservative company in our space over job jumping every 3-4 years for the chance to hit $400K every once in a while (and also having those inescapable $150K down years) any day of the week.

To each their own I guess, but for those who are either in the space or considering the space - Terumo is a very solid decision.
 






I thought NSM was okay, not a fan of the five our awards dinner. Way too much time seeing every marketing person at Terumo get some random award. Meanwhile, the reps who bring in the revenue and have blown the number up this year were hurried across stage and overlooked.

Not sure what to think of Misago yet. Seems like a quality stent, but it comes in a crowded market with new technology being released. The time spent chasing the stent cases at $750 a pop don't seem worthi it compared to selling AZUR and TRI.

It should be a good year though. Good comp plan, a lot of growth and TIS is off to a fast start.
I worked for Terumo Interventional. Hated the job due to selling a commodity and jockying with reps for lame lab days. In many cases, docs would pull the product for whoever had a lab day that day. Felt very superficial. Sales director Brian Moody is also a snake in the grass. I wouldnt recommend Terumo.
 






Interesting reading about an FDA warning letter about Destination production. Given that all eggs are in the Japan basket and no backup, this sounds concerning for Terumo.
 






I see they are hiring a Supply Chain Director again. This is the 3rd one in 4 years. seems like a revolving door in that area. Either that or tough environment to work in or tough people to work with.
 






I worked for Terumo Interventional. Hated the job due to selling a commodity and jockying with reps for lame lab days. In many cases, docs would pull the product for whoever had a lab day that day. Felt very superficial. Sales director Brian Moody is also a snake in the grass. I wouldnt recommend Terumo.

Why is Moody a snake? I wouldn't say that about him at all....tell me more
 












So I was recently contacted about a job with Terumo as a field sales rep (Territory Manager) and when I started doing my DD, people told me to stay far away and that Rome is burning. I googled and saw some recalls, etc. What gives? Can anyone shed some insight?
 






Weirdest interview I have ever experienced. All through google chats. It's as it the HR recruiter wasn't even reading my responses. What is the deal with this company? Seems kind of shady...thoughts?
Here is the transcript:
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Hello , How are you doing this morning ?




Well! How about yourself?


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Doing great thank you. Terumo would like to welcome you to their company. Today, Terumo Medical Corporation develops, manufactures, exports, imports, markets, distributes, and sells a diverse portfolio of medical devices, supplies, and accessories and generates $280 million in annual sales.

Here's is the company website www.terumomedical.com/aboutus you are required to use 5 minutes of your time to read more about the company, then let me know when you are done so we can proceed with the interview okay ?




Ok. Sounds good. I have a conf. call in 10 mins. So I will look at it shortly and get back to you this morning.


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Okay.

douglas@terumohire.com • 8:17 AM



Okay iIread through the background


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This is a Sales Representative job position and it is strictly an online and work from home job the working hours are flexible and you can chose to work from anywhere of your choice, the pay is $40 per hour during full working hours and the training is $25 per hour and will be getting your payment weekly via check or direct deposit working 30 to 40 hours weekly, if you are employed you are going to be working as a full employee and not an independent contractor. Benefits: Health, Dental, Life and AD&D Insurance, Employee Wellness and 401k plans. Paid Time Off and Holidays with Generous Company Discounts.




ok


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The Sales Representative is responsible for exceeding sales quota and managing the assigned territory within budget guidelines.

1. Manages assigned territory to exceed quota by:
a) Making sales calls to target accounts
b) Selling and servicing the target accounts, preplanning and adapting the sales presentation to the individuals involved
c) Exceeding the standard level of performance in market segment call activity, target account penetration, evaluations started and evaluations concluded
d) Demonstrating effective full line selling

2. Participate in training plans and programs. Manage the training for accounts within area of responsibility. Facilitate education on product advantages.

3. Maintain a continuing program to improve and upgrade skills to include, but not limited to:
a) Product knowledge
b) Competitive knowledge
c) Selling skills
d) PC Skills

Training starts next week and you will be training Four hours daily, The hours are flexible. With a week or two weeks of training can you handle all this effectively ?




So this is a base of $82,560/year and what is the incentive comp/ bonus, stock, car allowance, communication and expense account etc.?


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You will receive more information as we proceed.

As a regular employee of the Company, you will be eligible to participate in a number of Company-sponsored benefits. In addition, you will be entitled to paid vacation in accordance with the Company's vacation policy, as in effect from time to time.

Stock Options. Subject to the approval of the Company's Board of Directors or its Compensation Committee, you will be granted an option to purchase 2 shares of the Company's common stock (Option). The Board of Directors or the Compensation Committee will determine the exercise price per share of the Option when the Option is granted.




Ok.


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This is a Sales Representative job position and since both training and working hours are flexible you are able to choose your own hours. Have you ever worked from home or on-line before ? Are you currently employed ? How many hours do you intend to dedicate to this job position daily?




Yes I have worked as a SR. sales rep for 12 plus years from home and also owned an outsourced direct sales company for 6 years prior to that which had 7 locations and 300 100% commission employees. For the last 5.5 years I have worked around 70- 80 hours a week for ......... selling capital and building and supporting robotic surgery programs. My W2 last year was 340k and most years 270-290k with a target of 230K.


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Whats your clerical speed? Do you have an idea of how to use MS excel ?What is your highest educational diploma?When did you receive it?




Yes I am very proficient in Excel. BS. in Biology from UNC Chapel Hill 1998


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Describe Your Greatest Achievement




Beyond my 3 boys. It would be starting my own company at age 24 with $5000 and 1 employee and building it to 7 locations and 300 employees with over 1.2 Million per year in revenue and over $30 million in client sales annually.


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What Interests you about this Position?
How long do you expect to remain employed with this company if hired?




Considering I don't know what product(s), territory, total comp potential I am not sure how interested I am yet. This sounds like a good opportunity for a newer med device rep. This sounds like it would be great fit for my wife who is looking to get back into device sales after taking time off to raise our boys who are all in school now.


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The Territory is local and you will get the list of product. You can check more about the products on the company's website

The salary will be $40 per hour and you will be receiving your payment via Check or direct deposit, what bank do you operate with ?




B of A


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Alright, You have done well so far and you seem like a perfect fit for this position. Hold on online while i send your answers to my superiors for review and consideration okay.

Okay?




ok


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For your consideration stand, I have a good news... You've just been confirmed qualified for this position.You are welcome to Terumo Corporation, You are now given a chance to show your commitment, charisma, diligence and be a productive employee.

douglas@terumohire.com • 22 mins

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Same case here! But was asked to invest $635 on company soft wares to be eligible for training sessions. Same guys Douglas Stanton providing job interview thru chat by Google Hang-Out apps and Jennet Newman HR first contact thru email.