SERIOUSLY?

Wtf? I started a thread that posted a legitimate question asking about entry level account manager, and NOBODY can answer? But when someone posts a question about when they get their fucking company car everyone has the time to hop on the thread and bitch and whine about how much they hate their jobs? AT LEAST YOU HAVE A FUCKING JOB. No wonder you all are miserable. Materialistic and sarcastic douchebags. Now, I'm gonna post this question again: what is the difference between an entry level account manager and a sales rep?

Don't worry, I don't have high hopes for a helpful response.

 

And you want to work with these idiots? Take a hint--"Materialistic and sarcastic douchebags" are pretty much the industry standard--to answer your question, the primary difference is pay--when "entry level" is posted, the majority of the reason is low pay in comparison to the sales rep role. Believe me, I wish I had not spent the last 20 years of my life in pharma, and it's only going to get worse--look at other types of sales because there's at least 70% of pharma reps out of jobs looking for work. It sounds like a wonderful life as a pharma rep (and it was years ago), but now you are micromanaged to the point that you won't ever have to think for yourself--and you certainly won't gain any useful skills and you certainly won't gain any respect (doctors disregard you--that is, if they see you at all), future employers won't interview you, and neighbors will laugh at you. Please, for the sake of your future, stay away from pharma. Look into Clinical Research Assistant jobs (if you have a science degree), or if you're determined to go into sales, look into other industries!
Again, run far away from pharma

 

Hey Einstein, just for the record, MDL is NOT a pharma company, they are a lab. Pharma typically pays higher base salaries than labs, but very low bonuses/commissions, which is why very few Pharma reps ever learn how to actually close a sale. Why should they, since they make most of their money just by showing up and getting signatures from the offices they visit. Lab on the other hand pays lower bases, but has a higher top end.

That being said, MDL pays BOTH low base AND low (if any) commissions. My advice to the original poster, is to stay away from this company for your own good. Not only will be paid well below what you could get from another company in this industry, but you will also have your every expense scrutinized and have items disallowed if they go a penny over the company limit. You will also NOT get a company car for three to six months, and since only about 25% of new hires actually make it to the six month mark, you will be using your own car and getting reimbursed for mileage likely for your entire career with MDL. In addition to the reimbursement being well below the IRS and industry standard, if you put more than the allowable monthly mileage on your car, you will not get paid the entire amount you are owed. So especially if you have a large geography to cover, count on subsidizing the company's expenses by paying for a good portion of your mileage. Oh, and the cost of health insurance, especially if you take family coverage, will eat up about a third of your take home pay (if you're lucky). Finally, you will be micro-managed until you feel like the company thinks you are totally incompetent, and just wants a group of zombie like stepford reps doing their bidding. you should also be prepared at a moments notice to be terminated based on the whim of the moment of the sales vp, who is a complete psycho that has destroyed this once respected organisation.

If you are desperate for a paycheck, any paycheck, then go ahead and apply, but I STRONGLY suggest you keep on looking, and might not even want to put MDL on your resume, as other companies in the industry will not hire you.

If that sounds like a good deal to you, then I wish you luck, but you WILL regret the decision in due course, and you WILL come back to this post and after re-reading it for the 25th time will kick yourself in the butt and wonder WHY you didn't listen to sound advice.

 

AM base is $40K I think, bonuses around $1000. SAE base is $50K and at plan $10K per quarter - although you will NEVER see that much and once you're behind one quarter you're kind of screwed for the next quarter. AMs are paid bonuses more %-wise than the SAEs. Everything the above poster wrote is 110% spot-on. The VP of sales is a nightmare and the comments about expenses is totally right. The place sucks and if I were you, right out of college, I would bag this and try another company.