Field Reimbursement Manager Position

Discussion in 'Covance' started by Anonymous, Jul 7, 2014 at 10:44 AM.

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  1. anonymous

    anonymous Guest

    There is a hiring freeze. No reason to consider the role.
     

  2. anonymous

    anonymous Guest

    Salary range for best contract starts mid 80s to 90s. Bonus range low- 10s....If you are lucky mid 10s to low 20s. Bonus capped below 30. (paid out once a year [part of the employee retention plan]) Teams are comprised of highly qualified and over qualified people. Competition for bonus money is fierce. Bonus payouts are entirely subjective and seem driven by tenure and favoritism more than controllable measure. Expect to earn no more than 12k/ year in bonus the first couple years, possibly, for infinity. One last thing... bonus money is not guaranteed. Bonus dollars are subject to elimination and the work load to increase as Covance sees fit.

    Benefits are meh. Expect to pay double if you are a smoker or over weight. The Lab benefit is over hyped... try telling your healthcare provider that you want to be referred out to a LabCorp lab for every little thing under the moon.

    There is mileage reimbursement, but don't expect to be making bank on that either. If you drive a lot because you work hard, fear airplanes, have limited flight options, or have a large territory be ready for lots of questions, to be singled out, and extra paperwork OR be prepared to under report mileage at a loss. Covance would rather have 100% of employees under performing than risk raising red flags around billable expenditures. As a result of this ugly truth, valuable people leave. Said another way, high performers and those with difficult to manage territories are penalized. They need to dumb down their field effort by 45-80% just to fit in.

    People who stay with the organization beyond a few years do not do it for the money. They tend to be under educated, have limited in options due to location, have their eye on a promotion, or are content by nature.

    Covance promotes from within and there is a sense of loyalty at large. On the flip side of this passion is narrow perspective. It can be difficult to watch amateur behavior and decision making unfold. Fortunately, Covance leadership is not resistant to change.