Pay Increases for field and remaining account managers

When do we find out what our annual raise is? Anyone know the range?

 

A whopping 1% across the board no matter how one was ranked in 2014.

 

Why would anyone stay at GSK and put up with all this crap?

 

Depressing but not shocked.

 

Hard to argue for a raise when USA sales dropped by 30 odd percent in 2014

 

Hard to be here

 

Meanwhile, Andrew's base pay was increased by 2.6%. http://www.bloomberg.com/news/articles/2015-02-26/glaxo-chief-witty-s-2014-compensation-dropped-46-as-profit-fell?cmpid=yhoo

 

It's over. Move along. Nothing to see here.

 

Remember Mr Witty was the quoted as saying about 4 years ago "no more me too s at GSK"....No more Veramyst s and Treximet s. Then Breo comes out.. ouch

 

Be appreciative that you have a job; many people in this world do not.

 

Nothing for a 5 rating, other than a PIP.

 

I don't even work at GSK, and my raise for another company was 2%!! 2% is the NORM. You GSK reps bitch to bitch.

 

And when I saw that, I realized that selling was the greatest career a man could want. ’Cause what could be more satisfying than to be able to go, at the age of eighty-four, into twenty or thirty different cities, and pick up a phone, and be remembered and loved and helped by so many different people?

 

Got my severence package paperwork last week. I got a 1% raise also. SWEET! Now I will never have to work again.

 

Got my severence package paperwork last week. I got a 1% raise also. SWEET! Now I will never have to work again.

 

So I can't complain about bad food at a restaurant because other people go hungry?

Keep drinking the Kool-Aid. Many don't have that privelidge.

 

cannot be true--the natl ave is 4.5%--when I worked at GSK it ranged from 7%-12%---I could count on that every year--1990-1998 approx. frame

 

Different world back then, my friend. My wife's dad was legacy SmithKline. The way he tells it, the years from '84 to '89 were the glory days! Huge (double digit!!) annual price increases on blockbusters and only one rep per territory meant massive pay raises and huge bonuses.

He also didn't have any counterparts, so when you add large annual price increases on your products, and have a field force a fraction of today's size….