Unemployment benifits

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Anonymous

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can we file unemployment today (feb 7th)? Also, when we get our March MIR is that considered employment pay? Would we have to tell the state that we are getting a future payment? (This could potentially alter our weekly pay check from them) Only serious responses please.
 






I am looking into it now, but apparently they go by termination date, which was January 31. The bonus payment would be like back-pay for work already performed (Oct-Dec), but haven't spoken to anyone about this yet to get definite okay.
 






Anonymous said:
I am looking into it now, but apparently they go by termination date, which was January 31. The bonus payment would be like back-pay for work already performed (Oct-Dec), but haven't spoken to anyone about this yet to get definite okay.
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We are employees through February 7, 2011. Read your paperwork. Tomorrow would be the first day that we are not employees of Novartis.
 




































um, stupid question, but if I accepted the severance package, and get paid feb 26th, can I still apply for unemployment benifits for up to the 99 weeks or whatever it is now?

I'm just awful about this kind of stuff, and I've been drinking myself into oblivion since I got laid off.
 






Stop drinking and face reality. It's not that bad. You can apply for unemployment Feb 7th. Go online it's very easy. There are a lot of really good jobs out there, just start looking. Start networking or get around people and get out of your funk. You are a valuable individual and this is a great opportunity to do something bigger and learn something new.
 


















They are only going to approve x amount of weeks so I'm not sure it matters exactly when you file. I just filed and started collecting already. It might depend on your state. I know someone who has been collecting since December.
 






Anonymous said:
They are only going to approve x amount of weeks so I'm not sure it matters exactly when you file. I just filed and started collecting already. It might depend on your state. I know someone who has been collecting since December.
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Some states also deduct severance earnings from estimated benefits. For example, you receive a severance of $30k, that $30k is divided up into 20 weeks, and you may end up receiving reduced unemployment or no unemployment whatsoever. Be sure to check your states rules.
 






Anonymous said:
Stop drinking and face reality. It's not that bad. You can apply for unemployment Feb 7th. Go online it's very easy. There are a lot of really good jobs out there, just start looking. Start networking or get around people and get out of your funk. You are a valuable individual and this is a great opportunity to do something bigger and learn something new.
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Reality alert! As a rep, you have gained no marketable experience, outside of pharmaceutical sales, so outside of the industry, you are essentially like a new college grad. Inside the industry, there are so many unemployed reps competing few spots, your chances of EVER getting another rep job is no more than 20%; if you are unemployed for more than 6 months, that number is closer to 0%. If you dont live in a major city, you are really, really doomed.
 












Hey what did you do with all your bonuses over the years? Did you go out and spend most or all of them?

Or did you save some of the money and put it away for a "rainy day?" Like when you got kicked out by novartis.

How are you going to handle going from a compensation of say 70K benefits to unemployment of 300-400 a week?

What happened when they took your company car away? Did you have an extra car or did you have to go out and buy or lease a car? Did you find it hard to swing that extra expenditure given that your income was going to decrease by over 90%?
 






Anonymous said:
Reality alert! As a rep, you have gained no marketable experience, outside of pharmaceutical sales, so outside of the industry, you are essentially like a new college grad. Inside the industry, there are so many unemployed reps competing few spots, your chances of EVER getting another rep job is no more than 20%; if you are unemployed for more than 6 months, that number is closer to 0%. If you dont live in a major city, you are really, really doomed.
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Partially agree

Pharma sales isn't real sales so as you say outside the industry, you have NO sales experience. You are then competing against people who have actual sales experience (you know, writing orders, contracts, etc.) and you will come out on the short end there.

Actually you're worse off than a college grad because they haven't gotten all fat and happy from being overcompensated for years and learning bad habits. They are usually more eager and willing to work hard except if they are Gen Y Slacker self-absorbed types.

Pharma sales is a promotion job, not sales. Repeat Repeat Repeat
 






HARD CORE SALES is selling a tangible/intangible product/service to a business or individual who has the money to buy your product/service based upon their needs, or, if they don't have the need, then you can sometimes create one.
You generate leads, cold-call - by phone or car, (yes, your own car and your own gas), talk with the person who makes the buying decisions, consultative sell them, handle their objections, trial close, close for the next step - if it's a long sell, you write a business proposal with the amount agreed upon then close for the next step--getting them to sign the contract.
B2B and B2C sales is actually quite fun, but very labor intensive - many times you have to qualify many prospects before you find the one who is willing to agree to even meet with you.
THE GOOD NEWS is at the end of the day you can count your shuckles up to see how much money you've made. THE HIGHS ARE HIGH, AND THE LOWS ARE LOW. Try being a commissioned only sales rep who is paid on collections - imagine working in an office, sitting in a cubicle and are in and out making sales calls. Imagine when you get that contract signed, running back to the office to write it on a "big" board in the sales room that other sales reps can see - who you sold to and the amount you sold. The only thing missing is the "bell" to ring.
Now, you may get lucky and have a "protected" territory based on zip code, or it may be a "free-for-all" where you can prospect like crazy in the city. Hopefully no other sales reps will "slice your tires".
You wear a lot of shoes out, but, it's EXCELLENT experience! Thankfully I had that EXCELLENT (tangible & intangible) experience for many years BEFORE pharmaceuticals. Sometimes one has to take a step back (or two) with less pay for awhile in order to move forward two steps or more. PHARMA IS NOT A GROWTH INDUSTRY ANYMORE!!!
 






Anonymous said:
Partially agree

Pharma sales isn't real sales so as you say outside the industry, you have NO sales experience. You are then competing against people who have actual sales experience (you know, writing orders, contracts, etc.) and you will come out on the short end there.

Actually you're worse off than a college grad because they haven't gotten all fat and happy from being overcompensated for years and learning bad habits. They are usually more eager and willing to work hard except if they are Gen Y Slacker self-absorbed types.

Pharma sales is a promotion job, not sales. Repeat Repeat Repeat
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OP here, you are also doomed because pharma sales makes you very lazy. I mean think about it, you get up when you want, you start working when you want, you return home when you want, even your computer time is in doe while sitting in your boxers while watching TV. You work 10-2, Tu-Th, and really the most time consuming part of your nondriving/non waiting part of your job revolves around the ordering and delivery of food. With these FACTS, working in an office where you are pinned into an office from 9-5 is a very difficult adjustment, especially at the minimum pay.

Im not trying to be negative, just real. Dont listen to the people who try to tell you that "there are tos of jobs", etc, its just not true; practically every major drug company has either layed of or is planning to layoff thousands of reps, EACH. If you work in PODS, look at your POD partners and know that in the long run, only one of you (max), will survive long term.

As indicated in a previous post, those that have survived layoffs, just know that your pay will eventually be slashed by 70-80% as the experience that you have gained means absolutely nothing in the real world, and your pay is absolutely obnoxious in the real world. So you need to SAVE 100% of your bonus, and probably at least 60% of your salary. This will give a nice financial cushion, and get you used to living on lower wages.

JUST KEEPING IT REAL!
 






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