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Anonymous
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Re: Zoll Lifecor compensation
recruiter says top rep made $400k in 2014....pulling my leg me thinks
recruiter says top rep made $400k in 2014....pulling my leg me thinks
Zoll has a great product, the issue is the compensation plan. Your quota will grow out of reach and no matter what you do or try you most likely will never catch back up. A shame since they could simply tweak a few things and the alarming turnover rate would drop. Pay on MO's and let the company worry about collecting payment. If you get an MO, then you have done your job of getting your customer to buy into the risk of SCD 2%. How does it or should it become your burden to ensure payment when you do not have control over it? Insurance companies do, and Zoll has people that work to get coverage... Tie their comp to coverage, not the rep. Regardless of your number, revenue gets backed in and out continuously. All based on payment from insurance. Rep still does all the convincing and selling coupled with the "fit", but for potentially nothing... That is why everyone leaves.
a few clueless reps??? So the churn and burn rate is around 750 and that is very conservative. So 750 were all clueless? These would include a cross-section of device, RX, B2B, clinical and let's not forget significant others of prescribers. The same could also be said for the PSR network. The truth is in the numbers!The job is not as bad as some of these jokers are making it out to be. If you get into a good territory, you'll be glad you came here. Some territories just need a lot of patience. Every job has pros and cons. Don't make your decision based on a few clueless reps.
Zoll has a great product, the issue is the compensation plan. Your quota will grow out of reach and no matter what you do or try you most likely will never catch back up. A shame since they could simply tweak a few things and the alarming turnover rate would drop. Pay on MO's and let the company worry about collecting payment. If you get an MO, then you have done your job of getting your customer to buy into the risk of SCD 2%. How does it or should it become your burden to ensure payment when you do not have control over it? Insurance companies do, and Zoll has people that work to get coverage... Tie their comp to coverage, not the rep. Regardless of your number, revenue gets backed in and out continuously. All based on payment from insurance. Rep still does all the convincing and selling coupled with the "fit", but for potentially nothing... That is why everyone leaves.
AMEN! Well that and the total hypocrisy. They can make all the mistakes in the world with no accountability. But we have to maintain the exact same compounding growth rate segment after segment, with shrinking territories, and less and less insurance coverage or we're fired. I would give anything for any one of them up there to come out here and be held to the standard TMs are held to.
a few clueless reps??? So the churn and burn rate is around 750 and that is very conservative. So 750 were all clueless? These would include a cross-section of device, RX, B2B, clinical and let's not forget significant others of prescribers. The same could also be said for the PSR network. The truth is in the numbers!
Yes, the truth is in the numbers. A 50% turnover rate is indicative of serious problems inside. The face that the leaders don't recognize this, points to an even more serious problems inside. I can't wait for a competitor to show this place how real businesses are run.
Thanks for the information provided here. While I don't put all my eggs in the basket based off anonymous internet posts. There's enough here combined with the fact I can't find a rep that's been here for more than 10 months on LinkedIn to know I won't be pursuing this opportunity for an "expansion territory" next round of interviews.
Why is cafe Pharma the forum for people to trash everything and everybody? I've read cafe Pharma posts from reps at Stryker Zimmer Biomet Olympus Medtronic Boston Scientific Smith & Nephew Zoll etc. and virtually no one mentions achievement and success and God forbid is anyone ever accountable. It's all about how the system is stacked against them and you have no opportunity to succeed. It's a shame that this and all social media has become just that....a race to the bottom and a place to bitch and place blame. Did it ever don on anyone that the company pays you a wage and more to perform? The entitlement blows me away. I hope people reconsider each day what they're paid to do and why. All cafe Pharma is doing is perpetuating blame, ineptitude, and creating a lot of doubt for people who want to do good and can do good. Wake up America.
Why is cafe Pharma the forum for people to trash everything and everybody? I've read cafe Pharma posts from reps at Stryker Zimmer Biomet Olympus Medtronic Boston Scientific Smith & Nephew Zoll etc. and virtually no one mentions achievement and success and God forbid is anyone ever accountable. It's all about how the system is stacked against them and you have no opportunity to succeed. It's a shame that this and all social media has become just that....a race to the bottom and a place to bitch and place blame. Did it ever don on anyone that the company pays you a wage and more to perform? The entitlement blows me away. I hope people reconsider each day what they're paid to do and why. All cafe Pharma is doing is perpetuating blame, ineptitude, and creating a lot of doubt for people who want to do good and can do good. Wake up America.
Not every company has a page as active as ZOLL's. There are organizations with 5000 sales people and there is very little dialogue. ZOLL is a mess. Own it ZOLLWhy is cafe Pharma the forum for people to trash everything and everybody? I've read cafe Pharma posts from reps at Stryker Zimmer Biomet Olympus Medtronic Boston Scientific Smith & Nephew Zoll etc. and virtually no one mentions achievement and success and God forbid is anyone ever accountable. It's all about how the system is stacked against them and you have no opportunity to succeed. It's a shame that this and all social media has become just that....a race to the bottom and a place to bitch and place blame. Did it ever don on anyone that the company pays you a wage and more to perform? The entitlement blows me away. I hope people reconsider each day what they're paid to do and why. All cafe Pharma is doing is perpetuating blame, ineptitude, and creating a lot of doubt for people who want to do good and can do good. Wake up America.
Not every company has a page as active as ZOLL's. There are organizations with 5000 sales people and there is very little dialogue. ZOLL is a mess. Own it ZOLL
Why is cafe Pharma the forum for people to trash everything and everybody? I've read cafe Pharma posts from reps at Stryker Zimmer Biomet Olympus Medtronic Boston Scientific Smith & Nephew Zoll etc. and virtually no one mentions achievement and success and God forbid is anyone ever accountable. It's all about how the system is stacked against them and you have no opportunity to succeed. It's a shame that this and all social media has become just that....a race to the bottom and a place to bitch and place blame. Did it ever don on anyone that the company pays you a wage and more to perform? The entitlement blows me away. I hope people reconsider each day what they're paid to do and why. All cafe Pharma is doing is perpetuating blame, ineptitude, and creating a lot of doubt for people who want to do good and can do good. Wake up America.
this sounds like someone from upper management. I've interviewed with other companies and they have hardly any posts on cafe pharma. I agree that sadly this is a forum for complaining but unfortunately a lot of it is true. I struggle when people ask my opinion when they want to come work here because once they are here, they had no clue the pressure of the comp plan and how hard it is to continue to make money. Most people are mislead and now managers are struggling to fill positions. I love my job and my customers but wish things would change where I could actually make money even though I continue to drive business. New reps bring in minuscule amounts of revenue and make way more money than I do. It's insane.