Usually 2-3%. And in March when your performance review from prior year end is submitted to the system.
It all depends on your rating. If you get a 1 or 2 for two consecutive years you get the gallows. If you are a 3 you might get 1%. If you are a 4 you get a little more. VERY VERY few will get a 5 (on the scoring system of 1 through 5). If you get a five once or twice in a 20 year career you are lucky, unless of course you are a proficient ass kisser, then your chances improve dramatically.
Al true. Except no one ever gets a 5 even if you go to coe. Been twice and only got 4s. Guess I didn’t kiss enough ass!
All depends on rating and MRP. If you are already at 110% MRP and you get a 3, you will be lucky to get a 1.5% raise. If you get a 4 and are at 80% MRP, you will get 4-5% (or maybe a little more). I am a long term DSM and have done this many times. I especially love the people who have barely gotten 3’s for the last couple years and are over 100% MRP thinking they deserve a 4% raise. Then get mad when they get 1.5%. Newsflash: looking for a reason to say sayonara.
I've always been curious about MRP. Can a person find out what their MRP should be? Is cait alculation based on tenure? Is there a table out there with the data?
Tenure...no. All about performance and career ladder. If you have 20 years in and are a CL III and your MRP is over 100%, your raise will be small. Once you hit 120%, you basically get nada. Maybe a lump sum pat on the back.
MRP ranges change every year for each level based on industry averages. AZ tends to be a little more generous with base salary compared to other companies to make up for the mediocre bonus plan in some divisions. Your line manager has a file with your MRP. If they want to share it with you that’s their prerogative. Personal MRPs are all relative to the individual. What was your salary when you joined the company? Did you just get promoted to a different career level? What have your annual increases been? We tend to initially offer new hires 80 to 90% of MRP before any negotiations, so don’t be surprised if the new hire on your team makes more than you.
Kind DSM, thank you for explaining more thoroughly the market reference point. It has been very confusing to try to gain more information for many years. If my salary at a level four PSS is 105 000, Where am I on the market reference point?
Depends on what team you are on. If you are PCP, then you may have a little room to 100% MRP but probably not much. If you are ONC or Biologics, you are way under the MRP.
Wow 105K look in the mirror fantastic pay for doing so little...maybe 20% access...lying about the rest of the calls...real impact so little..now were lying about our HF indication to look better than Jardiance...if we dont get better managed care none of it will really matter...this time next year you will be making 107K and still be doing little to nothing...this whole industry has become a big SHAM
Definitely need better coverage. All they care about are the PBM's. How about Wellpoint (Anthem), Cigna, regional plans? Whole areas of weak coverage.
Hypothetical question here. Would you be more satisfied working for 2/3 of your salary, with the potential to make it up in bonus and more, and have fantastic virtually universal formulary coverage... ? I don’t know if there’s a right or wrong answer to this but I’m just curious to see what people think