Friday, September 7, 2012

The advantages of being a pharmaceutical sales representative


The financial rewards including a company car

A career in pharmaceutical sales offers some benefits and advantages of the best anyone can ask for in a job. Typical starting salaries are in the low $ 30,000 if based representatives may have base salaries in the $ 90,000 s. Bonus on top of high performance that can easily push sales for the six-figure income in the range. But besides money, there are many other interesting advantages in pharmaceutical sales.

One of the great benefits that pharmaceutical representatives enjoy is the use of company cars newer models. This is typically mid-size sedan that will be rented as part of a corporate fleet. Some pharmaceutical companies also offer mini, to their sales force and I've seen reps sporting goods vehicles, company cars too.

Leasing of company cars are usually short-term duration of a few years only because the sales reps end up driving relatively new vehicles all the time. Once a company car lease expires, the agent gets a new vehicle! All maintenance costs such as UPS melody, change oil, gas and insurance are paid by the company in substantially the sales reps get to drive their cars (although for tax purposes, the payroll department of the company may report a taxable benefit for the sales force personnel).

Some companies have been known to offer vehicles that are near the end of the lease agreement for the sale of significant market discounts. The representatives were able to buy relatively good condition used cars with other family members and friends at very attractive prices, through such programs. Some have even sold these vehicles on the used car market for a very small profit.

In addition to a company car, a pharmaceutical representative also has access to an expense account that allows him or her to entertain clients, such as doctors across the enterprise if it is for meals in nice restaurants or for other social activities such as trips golf or attending sporting events. Of course, the representative is expected to participate with their clients to these social activities.

Freedom and independence

For those individuals who do not like the idea of ​​being stuck inside with a desk job, a pharmaceutical sales position offers the opportunity to spend the most hours of work in the field visiting clients, such as doctors, nurses and pharmacists. Pharmaceutical sales representatives have the freedom to set up and organize their work schedules. No single day is identical to different customers at different locations are visited every day. The pharmaceutical sales involve a lot of independence, as owners or representatives pharmaceutical sales district leaders are not usually about 95% of the time. Therefore, there is nobody to constantly look over your shoulder most of the time for this line of work.

Travel opportunities

Pharmaceutical companies usually conduct sales meetings for their sales forces in pleasant places, sometimes in exotic foreign places that give opportunities for representatives to travel at the expense of businesses. Lodging, meals and entertainment during these meetings are usually the highest level. I stayed in five star resort, was on a Mediterranean cruise, made a tour through the Grand Canyon by air, skied in the Rockies, attended live theater in New York City, visited the ancient city of Pompeii and experienced many other interesting activities that were all paid while working for pharmaceutical companies.

There are also opportunities for pharmaceutical representatives to participate in major medical meetings often are held in nice places as well. Some representatives were able to bring their spouses, partners and family to combine business trips with personal vacations. Again, all or most of the travel expenses were already paid by the company. I used the company paid flights and some extended stays before or after business meetings for personal vacations. I was able to scuba dive in the Red Sea in this way. I know who reps extended trips to Europe and the Caribbean, combined with business meetings.

The satisfaction of an important role in health

Of course along with these advantages, there are other factors that contribute to the pharmaceutical sales that can be very satisfying. Representatives is able to help educate doctors, nurses, pharmacists and medical students about their drug products together with related medical conditions they treat. There is a certain satisfaction when a doctor tells you that the product has made a positive difference in the health of a patient, especially when the practitioner has never used your product before introducing it to him or her.

It would have been your sales efforts that have caused the doctor to change prescribing habits, which ultimately contributed to better treat patients. This makes it a feeling of pharmaceutical representative as an important part of global team of medical care. It 's really a nice feeling when you know that he or she is part of a company responsible for a much needed product for the medical society ....

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