What is a typical raise at AZ?

Discussion in 'AstraZeneca' started by anonymous, Nov 18, 2019 at 12:26 AM.

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  1. anonymous

    anonymous Guest

    What is a typical raise at AZ (high to low)? Also when do raises take place?
     

  2. anonymous

    anonymous Guest

    Usually 2-3%. And in March when your performance review from prior year end is submitted to the system.
     
  3. anonymous

    anonymous Guest

    Exceed expectations 5%
     
  4. anonymous

    anonymous Guest

    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.
     
  5. anonymous

    anonymous Guest

    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!
     
  6. anonymous

    anonymous Guest

    What are the criteria for a promotion to CL4, Executive level?
     
  7. anonymous

    anonymous Guest

    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.
     
  8. anonymous

    anonymous Guest

    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?
     
  9. anonymous

    anonymous Guest

    3 years of performance averaging a 4 rating.
     
  10. anonymous

    anonymous Guest

    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.
     
  11. anonymous

    anonymous Guest

    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.
     
  12. anonymous

    anonymous Guest

    What does MRP stand for? Where does it come from?
     
  13. anonymous

    anonymous Guest

    I believe it’s market reference point
     
  14. anonymous

    anonymous Guest

    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?
     
  15. anonymous

    anonymous Guest

    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.
     
  16. anonymous

    anonymous Guest

    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
     
  17. anonymous

    anonymous Guest

    Definitely need better coverage. All they care about are the PBM's. How about Wellpoint (Anthem), Cigna, regional plans? Whole areas of weak coverage.
     
  18. anonymous

    anonymous Guest

    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
     
  19. anonymous

    anonymous Guest

    No, I would rather have a solid base that I could depend on. Mananaged care is a crap shoot.
     
  20. anonymous

    anonymous Guest

    A 1% raise? Might be time to get a second job.