According to the 2016
Pharmaceutical Sales Salary Report, the average
pharmaceutical sales salary is $ 122,107 (Median Total $ 115,000).
The more overnight travel required, the higher the average
pharmaceutical sales salary seems to be.
According to our 2017
Pharmaceutical Sales Salary Report, the average
pharmaceutical sales salary is $ 128,489.
Of course, the highest
pharmaceutical sales salary is earned by professionals working in sales management.
That means women earn an average
pharmaceutical sales salary that is just 86 % of what men earn.
At $ 217, 629, the average
pharmaceutical sales salary for sales directors and VPs is significantly higher than the second highest earners, sales managers, who earn $ 168,456.
With the impressive average
pharmaceutical sales salary and plenty of other perks, pharma jobs are still highly competitive.
This year the average
pharmaceutical sales salary is $ 128,489 (Median Total $ 125,500).
The MedReps.com Pharmaceutical Sales Salary Survey Tool depicts
the pharmaceutical sales salaries on offer in the most recent pharmaceutical jobs listed on MedReps.com.
If you guessed pharmaceutical sales directors and VPs earned the highest
pharmaceutical sales salaries, you'd be correct.
Unlike in the overall salary report, where base salaries were more on par, even the base
pharmaceutical sales salaries were significantly different between men and women.
With an average total income of $ 127,656 (Median $ 125,000), specialty
pharmaceutical sales salaries are approximately 13 % higher than the average pharmaceutical sales salary ($ 111,476).
Not exact matches
The average starting
salary for a
pharmaceutical sales job varies, as most of the earnings are commission - based.
«My
salary is a little bit, or much, higher than much of the people in
pharmaceutical sales who are just starting out,» he said.
Like
pharmaceutical and medical device
sales jobs, compensation is typically includes commissions in addition to the regular biotechnology
sales salaries.
Like
pharmaceutical and medical device
sales jobs, biotech jobs are compensated with a base
salary plus commissions.
Salary negotiations can be the most stressful part of the entire interview process in medical
sales, laboratory
sales, clinical diagnostics
sales, biotech
sales, molecular products
sales, cellular products
sales, medical device
sales, pathology
sales, imaging
sales, or
pharmaceutical sales.
While the base medical device
sales salary is often lower than the base
salary for
pharmaceutical sales jobs, the commission structure in medical device
sales typically means greater overall earnings.
In fact, our 2014
Salary Report found that, on average,
pharmaceutical sales reps earn $ 111,476 each year.
Based on MedReps survey results, the average annual
salary for a
pharmaceutical sales representative is $ 111,476, with an average base
salary of $ 84,260.
The average base for respondents receiving a medical
sales rep
salary from a
pharmaceutical company was $ 86,000 and their average total compensation was $ 113,000.
Starting
salaries for jobs in
pharmaceutical sales can range from $ 40,000 to $ 60,000 with additional compensation in commission and bonus plans.
The
pharmaceutical sales field, often called «recession - proof,» is popular because it offers excellent
salary potential, great benefits, flexibility, opportunity for growth, and frequently the use of a company car.