It indicates that overall expense for medical representative is more as compare to any other employee working. Few companies like Pfizer, GlaxoSmithKline Ltd. Most of them 62 percent reported working as field representatives and 78 percent worked for manufacturers. Employer or Industry specific information is only indicative and has not been validated by the respective employers or industry bodies or Naukri. A certain degree of creativity and latitude is required.
Even better is to search for jobs by type like Full Time, Part Time, Summer Trainees - Interns, Work From Home or Freelancing. From high base salaries, impressive commission structures, and great perks and benefits, these reps are truly enjoying their careers. But during structural interview with marketing manager, it was revealed that Pharmaceutical Companies, believe in paying fixed salary and increment as per the performance of medical representative rather than performance based incentives. Healthcare and pharmaceutical companies hires medical representatives. Company size When it comes to the highest average compensation, large companies take the No. Annual Salary in : Lacs Experience in: years Displaying: min salary - average salary - max salary Last Updated: Dec 2016 Disclaimer : Naukri Salary Tool relies entirely on salary information provided by jobseekers on Naukri.
As with all sales representative jobs, selling medical devices involves significant interaction with potential and current clients on their timetables, meaning that working hours are highly variable. A bachelor's degree in marketing or a related field, knowledge of basic medical terminology, and an understanding of the regulations related to the pharmaceutical industry are generally required for this position, and prior sales experience may also be required by some employers. So, where is this major pay gap coming from? An entry-level Sales Representative, Pharmaceuticals with less than 5 years of experience can expect to earn an average total compensation of Rs 239,000 based on 260 salaries provided by anonymous users. Scroll down to know the updated trend in salary of Doctors in India. Notify me of follow-up comments by email. Mental demands of the position include staying up-to-date with industry changes, products, scientific updates, and medical issues, communicating information about products to a variety of clients, addressing clients' questions and concerns, staying organized, and effectively reporting to management, and they typically report to a sales or marketing manager within the company.
Many pharmaceuticals companies are connected with this portal and post their job openings here, if you register yourself on this portal then it would become quite easy for you to get connected with them and find your job easily. Along with six-figure incomes, they receive great benefits. According to our 2018 Medical Sales Salary Survey, medical device sales did see a slight drop in base salary. Medical Representative jobs Are you looking for a medical representative job but are still not able to find the perfect one? May require an associate's de This is an incentive eligible position. Salary and incentives is the best tool for motivating employee for better work.
We provide 100% placement support to our students. Pharmaceutical sales representatives work primarily during daytime hours, but may also attend meetings and work-related functions in the evening and on weekends. This work can be both physically and mentally demanding, and long hours walking, standing, and traveling between multiple locations may be necessary. Therefore the analysis of the table reveals that retirement benefits has rated with high score, the reason could be that increasing competition results into job insecurity, and also performance based incentive scheme stands at second position because of money motive works better in this pharmaceutical field. Eligible candidates need to qualify in medical entrance examination, conducted by state governments, central government, and individual private institutes.
A Sales Representative, Pharmaceuticals with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of Rs 720,000 based on 7 salaries. But their salaries are influenced by different factors in government and private hospitals. Notify me of new posts by email. Salary of a fresh Medical Representative varies from Rs. It is usually desired that the applicant already possesses a developed set of sales skills through previous experience. As with other sales jobs, an effective medical device sales representative possesses strong communications skills and a friendly personality, so as to effectively address the questions and concerns of potential customers. Performs a variety of tasks.
Take just three simple steps below to generate your own personalized salary report. Successful applicants undergo extensive training; this training usually begins with an experienced sales representative offering mentoring, which may include learning both successful sales techniques, the function and operation of the medical equipment being sold, and the knowledge of medical insurance practices. In most cases, the representative is designated a territory, and it is the representative's responsibility to attend as many meetings and presentations as possible in the assigned area. Doctors also earn a lucrative amount through private practice in different nursing homes, clinics, and hospitals. As a medical representative, you would be asked to visit various hospitals, healthcare institutions and private clinics to market the medicines that the company would provide you with. Career Prospects for Doctors Doctors in India and abroad have lucrative career opportunities.
Relies on limited experience and judgment to plan and accomplish goals. Medical Representative Average Salary Company Salary Systopic Laboratories 19,250 Cipla 19,833 Macleods Pharma 191,333 Cipla 297,395 Abbott 231,310 Ajanta Pharma 20,358 Lupin Ltd. The Gender Gap Most respondents 84 percent do not feel gender impacts earnings. This method is unbiased and has a practical approach. Total Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. Rs 150,707 - Rs 527,540 Job Description for Sales Representative, Pharmaceuticals Sales representatives in the pharmaceutical industry have a number of responsibilities, including calling on existing and potential clients to establish new accounts, obtain orders, service existing accounts, and implement brand strategies intended to convey the company's marketing message. These charts show the average base salary core compensation , as well as the average total compensation for the job of Sales Representative Pharmaceuticals in the United States.