The salary range of a Medical Representatives depends upon the company. Its my job to be knowledgeable about my product and share the same with doctors. Growth potential is immense if you perform. What career growth can one expect in pharma field? To maintain confidentiality, only aggregated information is shared here. The doctors whom i meet in my specialty, are very much respectable and the only bribe you can give them is — knowledge! I can learn and test my skills from anywhere anytime.
When you meet , company makes profit and you get a big bonus. Few companies like Pfizer, GlaxoSmithKline Ltd. This interview gives us a first hand insight into the life and challenges of a. Hence it is suggested that Pharmaceutical Companies, should provide performance-linked incentives to increase sale force effectiveness. The only way i can grab their attention and make them write my product is by helping them take prudent decisions backed by recent clinical trial or a case studies.
If you put more efforts you can earn more in the form of incentives. It does not matter whether you are a fresher or an experience holder, this portal would help you find the best job in a short time. Product knowledge, eloquence, psychological sensitivity and individual approach to each Doctor all plays an equally important role. 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. They additionally interact with healthcare professionals to introduce new products, increase product awareness, answer queries and provide advice. If that is your case then Placementindia.
Average total compensation includes tips, bonus, and overtime pay. Its a performance oriented job as you grow when company grows. Pharmaceutical sales representatives strive to resolve customers' complaints and concerns by investigating any issues that arise, developing solutions, and submitting applicable reports or recommendations to management. 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. The representative is tasked with locating potential customers and giving a persuasive demonstration of the devices to those which show interest. I also carry samples with me to give it to my doctors.
I give them updated and useful information on indications, dosage, symptoms and side effects. Additionally, business awareness and extensive knowledge of pharmaceutical products can help immensely. There is a lot of stress and travel, but at the end of the day when you know that the product you were marketing has cured a life threatening disease — its very rewarding. An experienced Sales Representative, Pharmaceuticals which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of Rs 556,000 based on 27 salaries. This method is unbiased and has a practical approach. 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. Job Description: Medical Representative Designation : Medical Representative Experience : 0 to 3 Years Salary : 1 Lakh to 2.
What are the qualities to be a successful medical rep? It is usually desired that the applicant already possesses a developed set of sales skills through previous experience. 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. This work can be both physically and mentally demanding, and long hours walking, standing, and traveling between multiple locations may be necessary. They must also adjust the content of sales presentations to be client-specific and reflect any changes in products, services, policies, or competitive development. It indicates that overall expense for medical representative is more as compare to any other employee working. This helps me in short and in the long run to effectively pitch and sell my product. Should implement performance based incentive policy so as to increase the work efficacy and moral of medical representative.
To know other details about Medical Representative Salary In India keep visiting recruitmentresult. It does not include equity stock compensation, cash value of retirement benefits, or the value of other non-cash benefits e. But, this requires constant coordination with other departments and management, following the media, public statements, latest research and developments. Our offshore software outsourcing services and solutions are designed with a focus on secure, scalable, expandable and reliable business systems. 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. This type of profession is also known as medical officer and you would be working in the sales department. To my personal opinion Medical Reps are paid decently,but the job involves a dedicated,hardworking efforts.
The salary range is 12k to 15k for starters and goes upwards up to 40k+ to experienced medical representatives. Salary and incentives is the best tool for motivating employee for better work. Furthermore it is also interesting to note that survey found that beside the considerable salary structure for medical representative, around 60 percent of them always feel hard pressed for money and 30 percent feels sometimes. But i personally never indulged in any of this. Employer or Industry specific information is only indicative and has not been validated by the respective employers or industry bodies or Naukri. 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.
Interacting with external customers and internal customers and addressing their queries, requests and complaints. So to summarise the salary of a medical representative range from 12k to 40k per month depending upon the company. By following this simple rule — i have more than 230 doctors writing my products as of today. A Sales Representative, Pharmaceuticals with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of Rs 335,000 based on 102 salaries. 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.