What pharma company pays the most

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The days where reps making over 200 are gone. Best look for another career. Oncology and specialy pay the most. Big base salaries and uncapped bonuses with company cars and all expenses paid for those in orphan diseases, HIV, oncology, hematology.anything super specialized and highly clinical. The days of ortho guys making cash is over all they do is open boxes and run trays.
 






Anonymous said:
What reps make over $200K per year?

Specialty?
Oncology?
Ortho?
device?
Click to expand...

200 is a highly experienced tenured senior level manager income (salary and bonus) after a stretch of good performing years...

Rare to find any rep making 200. Maybe highly experienced and highly titled oncology reps but only with stellar results on a super drug that has uncapped bonus. Salary alone with any job will never 80-90 even with many years in and top title promotions.

Pharma reps with major companies come in around 75 with 5 years of experience of any specialty or area as a direct hire employee. About 20-25 bonus potential but these jobs are less every year.

Most companies are moving to contractors with base about 45-65. Yes, 65K goes to those with 5,10,15 or more years experience with even specialty jobs and those with specialty resumes. Contract bonus potential is about 12 or 13 yearly. Contracts are even with new product launches these days.

Device is low ball salary but bigger bonus potential especially after a few years...These are hard selling skills jobs...Write up a sale means super salesmen wanted...Maybe 200K if you are dynamite and the income is mostly from the bonus and only after a few years...
 






Anonymous said:
200 is a highly experienced tenured senior level manager income (salary and bonus) after a stretch of good performing years...

Rare to find any rep making 200. Maybe highly experienced and highly titled oncology reps but only with stellar results on a super drug that has uncapped bonus. Salary alone with any job will never 80-90 even with many years in and top title promotions.

Pharma reps with major companies come in around 75 with 5 years of experience of any specialty or area as a direct hire employee. About 20-25 bonus potential but these jobs are less every year.

Most companies are moving to contractors with base about 45-65. Yes, 65K goes to those with 5,10,15 or more years experience with even specialty jobs and those with specialty resumes. Contract bonus potential is about 12 or 13 yearly. Contracts are even with new product launches these days.

Device is low ball salary but bigger bonus potential especially after a few years...These are hard selling skills jobs...Write up a sale means super salesmen wanted...Maybe 200K if you are dynamite and the income is mostly from the bonus and only after a few years...
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200 is tough- you need to be in biotech, or specialty . bases for reps are top out at about 120 the rest is made up in uncapped bonuses, hope that helps
 






most people think making the big bucks 150-200k happens over night. It takes time to cultivate a territory and it takes time to move up within a company. reps complain medical is over, its not over. look at history and how innovative ideas have evolved. Now think of the future, we will still have a long way to come with drugs, devices, and diagnostic testing. very few jobs have targets of 150-200k as a rep but with uncapped bonuses it is possible to hit those incomes. companies want performance and those who perform get paid.

Reps complain and say go to another industry. Medical offers amazing perks and consistent bonuses/commissions. Other industries have long sales cycles and takes years to build up pipelines. One thing is for sure, companies don't hand out money and we all work for what we are paid.
 






Anonymous said:
most people think making the big bucks 150-200k happens over night. It takes time to cultivate a territory and it takes time to move up within a company. reps complain medical is over, its not over. look at history and how innovative ideas have evolved. Now think of the future, we will still have a long way to come with drugs, devices, and diagnostic testing. very few jobs have targets of 150-200k as a rep but with uncapped bonuses it is possible to hit those incomes. companies want performance and those who perform get paid.

Reps complain and say go to another industry. Medical offers amazing perks and consistent bonuses/commissions. Other industries have long sales cycles and takes years to build up pipelines. One thing is for sure, companies don't hand out money and we all work for what we are paid.
Click to expand...

Its not over, but companies are not stable and management does not back the reps.

So, you might get a superstar that brings in the business for 10 plus years, but is let go because they are making too much!

FU PHARMA!
FU CORPORATE AMERICA!

Best way to go is start your own set up, in insurance or real estate. If you can start now, do it, especially if you are under 40.

Also, bypass college and doing insurance/real estate sales is a superior move if you want to stay in sales. College is a waste of time/money unless you absolutely need it to secure the job you want.
 






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