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Advantages of a Pharmaceutical Sales Manager

thedoo
September 28, 2017

Financial Benefits Including a Corporate Vehicle

A career in pharmaceutical sales offers some of the best benefits and benefits someone can ask for in a job. Typical start salaries are in the low $ 30,000, and established representatives can have basic salaries in the $ 90,000. In addition, high-sales performers bonuses can quickly push earnings into the six-digit. But besides the money, there are plenty of other attractive benefits in pharmaceutical sales.

One of the most beautiful benefits that pharmaceutical sellers enjoy is the use of recent model vans. These are mostly medium-sized sedans rented under a fleet program. Some pharmaceutical companies even offer minivans to their sales groups and I've seen drivers who drive sports vehicles as well as company cars.

Business cars are usually short term with a few years' duration, so sellers end up driving relatively new vehicles all the time. Once a rental car of a company car has expired, the rep will get a new vehicle! All maintenance costs, such as tune ups, oil changes, gas and insurance, are paid by the company so that the vendors can control their cars free of charge (although the company's tax office can provide taxable power for the sales force).

Some companies are well-known to offer vehicles that are close to the end of the leases for sale at significant market discounts. Representatives are able to buy relatively good conditions for other family members and friends at very attractive prices through such programs. Some even sold these vehicles on the used car market for a small profit.

In addition to a company car, a pharmaceutical representative also has access to a cost account with which he or she can maintain clients like company-level doctors or meals at nice restaurants or other for corporate social activities such as golfing or sporting events. Obviously, the representative of the republic is taking part in these business social activities.

The freedom and independence

For those who do not like the idea In an office position, a pharmaceutical sales position is the opportunity to spend the most hours in the field of Customers who are visiting such as doctors, nurses and pharmacists. Pharmaceutical reps have the freedom to set up and organize their own work programs. No day is identical when different customers are visited in different locations every working day. Pharmaceutical sales hold a lot of independence, because the pharmaceutical reps bosses or distributors sellers usually do not have about 95% of the time. Therefore, nobody is looking for the most time for your work.

The Travel Opportunities

Pharmaceutical companies usually conduct sales meetings for their sales forces in beautiful locations, sometimes even at exotic foreign sites, allowing representatives to get the costs of companies to travel. Accommodations, meals and entertainment during these meetings are mostly top class. I have stayed in five-star resorts, have been on a Mediterranean cruise, took a sightseeing trip through the Grand Canyon, skiers in the Rockies, live theater in New York, tour the ancient city of Pompeii and experience many other interesting activities that all became paid while working on pharmaceutical companies.

There are also opportunities for pharmaceutical representatives to attend major medical conferences that are often also held in beautiful locations. Some representatives have experienced spouses, partners and relatives to combine business trips with personal vacations. Again, all or a large part of the travel expenses were already paid by the company. I have used company-paid flights and extended a number of stays before or after business meetings for personal holidays. I was able to dive in the Egyptian Red Sea this way. I know reps who travel in Europe and the Caribbean in conjunction with business meetings.

The satisfaction of an important role in healthcare

Of course, along with these benefits, there are other factors involved in pharmaceutical sales that can be very satisfactory. Pharmaceutical representatives are able to train doctors, nurses, pharmacists and medical students about their drug products, along with the accompanying medical conditions they treat. It is a great pleasure when a medical professional tells you that your product has a positive difference in patient health, especially when the professional has never used your product before you have notified him or her.

It would be your sales efforts that the doctor changed the prescribed habits that ultimately treated the patients better. This ensures that a pharmaceutical representative feels like an important part of the overall medical healthcare team. It is a good feeling indeed when one knows that he or she is part of a company that is responsible for bringing a much needed medical product to society.

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