InVentiv Contract

Discussion in 'Mallinckrodt' started by Anonymous, Apr 9, 2014 at 5:04 PM.

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  1. Anonymous

    Anonymous Guest

    I was contacted by a recruiter for a contract thru InVentiv for an open territory in the Southeast. What is company culture like at Mallinckrodt?
    Has anyone started on a contract and became permanent later?
    What can I expect with base pay (3 years previous experience)? Is it typically set by InVentiv or negotiated through the company?
    I've never worked on a contract before so I'm curious how this works, serious answers please.
     

  2. Anonymous

    Anonymous Guest

    It's not a very good gig. Working contract has you always feeling like you don't belong and it's a temporary thing. With your experience, maybe high 40s to low 50s if you're lucky and that will be set by InVentiv, who doesn't pay very well.
     
  3. Anonymous

    Anonymous Guest

    The previous poster is way off I'm on the Inventiv contract had 2 years pain experience and was offered and accepted a base of 80k. Benefits aren't great and either is PTO but this also is my first contract and was pleasantly surprised with the the decent base pay
     
  4. Anonymous

    Anonymous Guest

    This is a very unstable contract. No length of time was specified in the contract, meaning that it can end at any time. There has been no discussion of inventiv reps being rolled into MNK.

    Did you ask why the person you would be replacing left?

    Remember that Christmas is traditional Pharmaceutical Layoff Season, and many contracts end prematurely at this time.

    If you can afford to wait, you will be much better getting a regular position.
     
  5. Anonymous

    Anonymous Guest

    There is no chance of people being rolled over; anyone who was a direct hire with the company is being replaced with an Inventiv Rep when they leave. Some districts have only one or two direct hire reps left due to the recent mass exodus. That speaks volumes for not just the contract but the cpanies culture on general.
     
  6. Anonymous

    Anonymous Guest

    There really isn't job security with any pharma company these days. Mergers, acquisitions, generic incursion with the patent cliff means your jobs hangs by a thread even if you are a direct hire or legacy rep in any organization.

    This open ended contract pays better than most contract positions. The tech tools are up to date and so far, I have been treated well by MNK mgmt and peers. This is a great opportunity to prove you can successfully launch new meds while cultivating relationships with Specialists and Surgeons. Perhaps you can parlay these relationships into a device position down the road or land a direct hire specialty pharma sales role.

    I am much happier in this role than dealing with the daily threats and mental abuse that I experienced with big pharma companies...despite district and regional top sales rankings. This is a good opportunity with better than average niche products that have better than average coverage and reimbursement. The only downside is an overly ambitious bonus plan. Paid time off is decent and cost of benefits a bit higher than average. All in all, a good contract in a challenging pharma sales environment.
     
  7. Anonymous

    Anonymous Guest

    Unstable contract? Contact is for 2 years with a chance of extension after the 2 year period.. Didn't you read your contract?
     
  8. Anonymous

    Anonymous Guest

    You call that stable? Yikes! I would never start with a company knowing I'm only guaranteed two years. That is no way of planning for a future.
     
  9. Anonymous

    Anonymous Guest

    I know of reps hired at Merck, Lilly and Pfizer that were laid-off before they completed their basic training.

    You are delusional if you believe a non-contract position = job security.
     
  10. Anonymous

    Anonymous Guest

    I've done three contracts that were supposed to last for two years, and all contracts were cancelled after one year.

    My regular positions lasted for several years.

    A contract position is telling you up front that they are uncommitted to you, so you take more chances than you do with a regular position, where they are at least giving you a higher level of commitment.
     
  11. Anonymous

    Anonymous Guest

    I heard that contract people who do not fulfill the reach and freq required for ST and Ht will be terminated quickly!
     
  12. Anonymous

    Anonymous Guest

    You heard wrong contract sales will be taking over us permanant reps just wait and see and remember you heard it hear first
     
  13. Anonymous

    Anonymous Guest

    I seen classes of reps let go while at training and reps let go a few months after launch with a so called stable company. Face it contract reps are the future of Pharma sales unfortunately
     
  14. Anonymous

    Anonymous Guest

    No, you are the delusional one. It's quite simple, if you are a performer and great at what you do then you have nothing to worry about. I would never be a contract rep....ever!
     
  15. Anonymous

    Anonymous Guest

    I have successfully launched multiple billion-$ blockbusters for big pharma and ranked in the top 10% nationally when company-wide downsizings took place. Individual performance means absolutely nothing when the bean counters cut headcount due to profit/loss dynamics beyond your sphere of influence and control. Like after FDA/DEA/DOJ mandated multi billion $ fines when an organization gets slapped down for repeated off-label promotion and marketing.

    You can be a "performer" and still get taken down by the wreckless promo practices of greedy sales and marketing execs.
     
  16. Anonymous

    Anonymous Guest

    Not to mention being a top performer and getting assigned a new DM that discriminates based on age, gender and/or religious affiliation.

    In Western states, BYU grads hire fellow LDS members exclusively. I've witnessed Mormon DMs push out top performing sales talent and remake their District team with LDS cult clones.
     
  17. Anonymous

    Anonymous Guest

    No, you are the delusional one. Many of us have gone thru layoffs and been consistent producers.we were let go and the coatail riders survived. There never seems to be any rhymn or reason to the process.
     
  18. Anonymous

    Anonymous Guest

    Well I think this also applies to direct hires as well, there is no difference. The contract sales force is becoming larger as the direct hire sales force is shrinking every week.
     
  19. Anonymous

    Anonymous Guest

    you will eat your word ! i guarantee it!
     
  20. Anonymous

    Anonymous Guest

    This is the ONLY post in this string that makes any sense and is truthful. All of the other BS posts are just to scare people and slam inVentiv. Obviously posted by some disgruntled prior employee who felt entitled to more than they deserved.