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Posts from ‘July, 2009’

Hiring Revenue Reps? Why You Should Use a Strong Third-Party Recruiter

At AACC, I had the pleasure of a long conversation with a national sales manager of a $30M company (10 sales reps and Ten technical support folks) where I discovered his opinion that “sales reps these days just aren’t as strong as they used to be.”  I said, “Really?  I’ve found that sales reps are [...]

AACC Review – Companies like Abbott, Beckman, Roche, Thermo, and Ortho Clinical were there….

AACC was in Chicago this year….I always like Chicago as a trade show location.  The AACC usually draws 20k + visitors, but I thought there were fewer attendees than ordinary.
I agree with Robert at the Dark Report – the mood was somber.  I saw unemployed candidates looking for jobs who said that they weren’t seeing the jobs they [...]

Clinical Sales Jobs: Salary and Commission Packages

Here’s an interesting article from The Ladders on Negotiating a Bigger Revenue Package.  It includes definitions of eight types of sales and/or commission packages, talks of the pros and cons of each, and negotiating tips for improving your deal:
Straight commission – just like it sounds…you get paid for what you sell
Variable commission – commission varies [...]

How to Prepare for a Clinical Revenue Position Interview

Jobs in pharma sales, pharmaceutical sales, biotechnology sales, clinical diagnostics sales, pharma device sales, imaging sales, hospital equipment sales, clinical laboratory sales, and other healthcare sales are fairly competitive to get into (you’re going to have to put some effort into it), but worth it in terms of compensation, commissions, and extras.  Plus, it’s an exciting [...]

How to Prepare for a Behavioral Position Interview in Medical Revenue

A behavioral job interview is a popular interview tactic in the pharma sales arena.  It focuses on finding out how the candidate handled (behaved in) specific job-realted situations.  In healthcare sales, clinical revenue, clinical diagnostics sales, medical device sales, biotech revenue, pathology sales, imaging sales, or clinical revenue, customer interaction is key—so how you handle [...]

Hiring Medical Sales Reps? First–Review Your Current Team

Are you hiring sales reps for medical sales, medical revenue, clinical diagnostics, imaging sales, laboratory device sales, biotech revenue, pathology revenue, surgical supplies revenue, hospital equipment sales, pharmaceutical sales, or other healthcare revenue?  Your first step should be to review your current team:  What works in your sales reps and what doesn’t?  Then you can [...]

Major 20 Pharmaceutical Company Changes Over the Last Eighteen Months: How They Affect Pharmaceutical Sales Reps

In 2008, those were the Big 20 pharma companies: Top Twenty Clinical Companies 01
Pfizer
$44,424 02
GlaxoSmithKline
$38,501 03
Sanofi-Aventis
$38,452 04
AstraZeneca
$28,713 05
Merck
$26,532 06
Novartis
$25,477 07
Johnson & Johnson
$24,866 08
Roche
$21,998 09
Eli Lilly & Co.
$17,638 10
Wyeth
$17,179 11
Bristol-Myers Squibb
$15,622 12
Abbott Laboratories
$14,632 13
Schering-Plough
$12,773 14
Bayer Schering
$12,294 15
Boehringer Ingelheim
$11,103 16
Takeda
$10,626 17
Astellas*
$8,530 18
Daiichi-Sankyo*
$7,382 19
Eisai*
$6,250 20
UCB Group*
$4,370  
The list looks a little different these days.  For instance, Pfizer purchased Wyeth in January 2009, Merck purchased Schering in March 2009, and Roche signed a major deal with Genentech…confirming for many a trend toward [...]

So Your Revenue Manager is Younger Than You…

Used to be, seniority counted.  For a lot.  It was an orderly progression up the career ladder, many times within a single company, and if you were nice at your career opportunity, you’d likely get your turn in management.  Not anymore.  For one thing, career paths aren’t what they once were–it’s more common to not only job-hop, [...]

Coffee–or a Podcast on Brag Books? Get the podcast, get the career opportunity!

Do you have a very important interview?  Make sure you have a brag book.  Brag books can be an absolutely critical way to tip the scales in your favor in an interview.  Not only do they highlight all your good qualities, they allow you to demonstrate these intangible skills that make a great impression.  In this economy, [...]

How Can Career Coaching from the Laboratory Revenue Recruiter Help You?

As a clinical sales recruiter, I spend a lot of time on the phone fielding inquiries from job seekers.  Not only about specific jobs in medical sales, pharmaceutical revenue, imaging sales, biotech sales, clinical diagnostics sales, laboratory sales, medical device revenue, hospital equipment sales, pharma sales, or other areas of healthcare sales, but also about career coaching:  [...]