If you want to work as a medical representative rather than a generic sales representative you must pass the Level 3 Diploma.
You can usually find them going to business lunches in sweet rides, playing golf at noon on a Tuesday, and jet-setting on luxury vacations while the rest of us are still trying to save enough hours to take a few days off around the holidays.
The 2016 Medical Sales Salary Report confirms that income can vary significantly based on a number of factors — some that can be controlled and some that cannot.
What Does the Future Hold? The job is not an easy one, but the rewards are great.
Of course, along with that dedication comes many hours of hard work on the road. If you ranked all the pharmaceutical sales reps in the country from the lowest to the highest paid, the person in the middle would earn the median wage. Successful sales representatives do whatever it takes to build stronger relationships with customers. Smart dress and a professional appearance are essential.
However, average base salary is up by 8. Representatives looking to stay in medical sales for the long-haul have a bright future ahead. Entry without a degree, HND or foundation degree is possible if you have a strong record in sales and business development.
The biggest compensation gap when it comes to employer size is in bonuses and commission. Self-employment and freelance work is uncommon. Income figures are intended as a guide only.
An overwhelming, 79 percent of our respondents reported they are somewhat or very satisfied with their overall job. Here's a typical salary progression: That's because the job is largely commission-based, so you earn more money the more sales you close.
Pending legislation could turn the way they sell — and what they sell — completely upside down. At the individual level, more than half of respondents reported receiving a pay increase in the previous year. Medical Devices Other sales reps visit healthcare facilities to promote medical hardware, software, and devices.