legacy Wyeth

just curious if there has ever been talk of a class action lawsuit with former Legacy Wyeth employees and their dramatic pay differential. I understand how it all came to be but come on that was 4 years ago. how can you pay an entire group of people 25-50% less than their peers for the same job performance? and before someone starts ranting about Pfizer employees being superior, etc....i'm looking for a legititmate response. Already spoken to several attorneys and they're surprised this hasn't been addressed as of yet.

 

Nobody is forcing you to stay.

Take all your vast knowledge and experience from this "job", and find something else in this economy.

Don't let the door hit ya' in the ass.

 

Well…the entire industry is re-calibrating what they pay their reps. They're simply not worth what they used to be 20 years ago. Not enough influence on sales to warrant the big salaries.
What you were making as a Wyeth rep is probably what you SHOULD make in this industry.
$60-75K. That's it.
Any of us from Pfizer who were making large salaries are gone….and it's because of our large salaries. Period.
Be glad you have a job. The day is coming when you'll be GLAD to work for $60-75K

 

Count your blessings that you aren't a Pfizer person. Look at them. Divorced. Driven to meet numbers despite effects on morality. Few hobbies outside of work. Tunnel vision(think PFE is a good payer), stiff personalities, poor dancers, weak lovers, despised by customers. Count your blessings that you make $2k less a year.

 

The original agreement with Pfizer when they took us over was for them to "maintain" our salaries for two years (keeping everything the same-retirement, benefits, healthcare, etc). After two years it all transferred over to Pfizer. I remember getting additional bonus dollars because the bonuses here were so crappy compared to what we had at Wyeth. Bottom line-you are now Pfizer… assimilate like the Borg (Star Trek reference) but very appropriate. Glad I'm F**ken gone!!

 

The best think about Pfizer is the inertia. I mean we will do a "Fast Start" meeting even if nothing is new. Why? Because it's January and thats how we have done it since 1984.

Go Big Blue. Clap, Clap, Clap, Clap

 

hahahahahaaaaaaaaa you guys are still doing those things?

 

That's true - the big salaries are mostly gone outside of NYC HQ and Peapack. I'm told new people are glad to get a job at Pfizer and think their lower salaries and benefits are good compared to what they could get elsewhere. Pretty damn sad!

 

We also love for a rep to "show what great looks like" at national meetings at the end of some imbecilic workshop. Makes the marketing goons feel like they have completed the leaders guide.

 

My base salary is larger at Pfizer than it was at Wyeth.

 

My salary went up about $15k since Wyeth, but my bonuses have dropped about $18k per year. I make a little less, but I work a shitload more, along with the unnecessary stress associated with all of the useless projects , meetings and detailing contests we are forced to do.

How would we wyeth legacy know how much others make at this company to even consider any litigation? It also is a waste of time, unless your state has special laws pertaining to pay inequity not based upon a protected class being discriminated.

I'm ok with just being employed, but I would jump ship if I could.

 

End of 2010 I got an "adjustment" to my base salary where I was leveled to "at compensation" with legacy Pfizer. The $6k raise was nice. The problem continues to be the bonus, which has been lower ever year since the merger than it ever was at Wyeth. Net, net, I am down around $12k a year.

The bottom line is that I have become what I used to make fun of. I am lazy and fat and I just take my money. My bonus has ZERO to do with my territory performance. What is most important for calibration is playing the game: endless email collaborations with KAMs and other "stakeholders", attending numerous market meetings, attending PAC rallies with Thomas at the Capital, hitting activity numbers for current detailing contests, pretending to care about fringe elements of the social order, - basically smoke and mirror stuff. I am essentially a socialist cog in the Pfizer machine. I am happy to be right down the middle where no one sees me. I hate it, but I must say it kinda easy.

 

I was Legacy Wyeth Vaccines. I worked up every level of Career Ladder to the top. Two years after PFE took over, I was making $140K base. I have no idea what PFE reps made but I never had it so good. I'm happy with my retiree health plan (for now) and got a decent shake on my retirement. My only advice is - when working with your boss, ask how you can get ahead and don't bother comparing to other divisions or reps.

Maybe I just got lucky, maybe I just worked my plan, maybe a little of both.

Good luck....

 

Lucky, not everyone was interested in sucking JC's wiener. Barf!

 

Ummm…there's NO rep out there with a $140 base. Bogus

 

THIS + 100

 

Just turned 55, Wyeth legacy displaced 4 years ago. I was under the 70 principle. Requested a lump sum which is 900,000 dollars and I'm thrilled, namely because this sort of thing is in jeopardy.

I have another pharma job so I'm taking things one day at a time.

Peace out.

 

Love the rule of 70. You were fortunate. Any L-Wyeth still there under 55 who gets laid off is screwed now. A lot of those (close to 55) are in the Vaccine group. I'm sure they are praying to stay in stealth mode (everyone else gets laid off but them since Pfizer know sh*t about Vaccines). In a way they were fortunate Pfizer took over Wyeth since they were always the stepchild there (Mahady hated the division and was always trying to bring it under the PC umbrella). Coming here bought them a lot of years of being untouched.

 

Saldarini was da man. You are right about Mahady, last I was very, very blessed to be a part of the 70 principle. You take the good with the bad or have the bad with the good.

 

When Sadarini was there- they were the best days of Vaccines. Truly "selling"! Keeping IPV at bay with Orimune even when the recommendations went against us (docs held out as long as they could). Selling Tetramune and AcelImune against competitors. Launching Rotoshield and Flumist before they became the Clusterf**k they became (still thing Rotoshield should not have been stopped). It truly was a sales job rather than the order taker job it became with just one product. Good times!!