District Manager/Regional Manager/salary and bonus




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ok can we get back on topic here:

I am a district manager in the north east and make a salary of 144,000 and bonus last year was 55,000 --been with the company 17 years

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BULLSHIT
 




Definitely bullshit. DM's are not making 150k in base. They are NOT making 200k per year total. How do I know? I used to be a DM and now in HR. I know what DM's are making in our company.
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Perhaps at YOUR company they aren't making 144k. Did you ever think that YOUR company payes lower wages?????? You have no idea if 144k manager is a PCP manager vs specialty manager vs hospital manager; small pharma vs big pharma vs biotech.....

I love it when everyone thinks they are an expert.
 


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Perhaps at YOUR company they aren't making 144k. Did you ever think that YOUR company payes lower wages?????? You have no idea if 144k manager is a PCP manager vs specialty manager vs hospital manager; small pharma vs big pharma vs biotech.....

I love it when everyone thinks they are an expert.

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Well, since I work for Amgen, which is a biologic company AND big pharma, I think I have the bases covered. Oh yeah, I also have interviewed DM's from a variety of different companies.

Anything else to add cupcake?
 




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Perhaps at YOUR company they aren't making 144k. Did you ever think that YOUR company payes lower wages?????? You have no idea if 144k manager is a PCP manager vs specialty manager vs hospital manager; small pharma vs big pharma vs biotech.....

I love it when everyone thinks they are an expert.

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Well, since I work for Amgen, which is a biologic company AND big pharma, I think I have the bases covered. Oh yeah, I also have interviewed DM's from a variety of different companies.

Anything else to add cupcake?

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New poster here. Maybe if you were interviewing good DMs, you'd see those of us making over 200. I'm 15 years, end of year check stub says 210. Stock options also. Primary care, CUPCAKE!!!
 


YEah, DM here. I have a base of 265k, made 112k in bonus and I have 55k in stock options last year. I have one year of experience in primary care.

What you don't believe me? It MUST be true because it was written on CP.

You people bullshitting about the "money" you earn. If it makes you feel better, keep posting away. I too have access to statistics in this industry and I know DM's, especially PC DM's, aren't making over 200k.

Maybe when I see my first one with proof, I will believe it. Until then, you are like a fart in a windstorm. You may claim it is there, but there isn't any proof.
 


Gee, I need to prove something to YOU. Heh. Not to worry, there are plenty of DMs reading this who know that it is you, cupcake, that don't know what you're talking about. So go back to your cubby-hole in HR and file away some performance reviews ok?
 


Here we go again with those who make less not believing those who make more. Been in the business 20 years, hit the 200K mark as a DM back in 1999 and kept it there intil 2005. What had been a great run came to an end. During that time I interviewed scores of reps and was amazed to see the wide swing in compensation. One thing that all those making the big money had in common..consistent top performance over a period of many years.
 


Big Pharma RM here: $175K salary; 5,000 options/year; profit sharing;deferred comp program. You morons are working for peanuts but don't know it.

And all of the other posters are BULLSHIT, because every RM in every Big Pharma get deferred comp.... it's a gold mine.
 


Hello, sales make the world go around. Yeah I'm in pharma now but sold in other industries first. I remember talking to a guy who sold for the Yellow Pages back in the 80's who was making well into 6 figures. The worst part about pharma is there is too much weight on base not enough IC at most places. Most people could not take the pressure of not knowing how much money they were going to make. I don't care what you are selling, if you're good you can make big money. As far as should PCP docs make more money, yeah most should. It's the managed care companies that have screwed the docs, not pharma.
 


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Big Pharma RM here: $175K salary; 5,000 options/year; profit sharing;deferred comp program. You morons are working for peanuts but don't know it.

And all of the other posters are BULLSHIT, because every RM in every Big Pharma get deferred comp.... it's a gold mine.

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I seriously doubt you're an RM. First of all, while some RMs may be a-holes, it would still be highly unlikely that they would put such a classless post on here calling people morons and saying that people are working for peanuts. Nice try, MR. HR. Why gon't you give it up.
 


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Hello, sales make the world go around. Yeah I'm in pharma now but sold in other industries first. I remember talking to a guy who sold for the Yellow Pages back in the 80's who was making well into 6 figures. The worst part about pharma is there is too much weight on base not enough IC at most places. Most people could not take the pressure of not knowing how much money they were going to make. I don't care what you are selling, if you're good you can make big money. As far as should PCP docs make more money, yeah most should. It's the managed care companies that have screwed the docs, not pharma.

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The problem with your point is that I've seen the IC bonuses drop drastically over the past few years. The companies have total control. So, that's why people want a high base. They can at least budget their lives on it. I kick ass on bonuses every year, but they keep dropping the amounts. If companies actually treated us right. I'd love to be paid on IC and have a low salary. I'm looking for an industry that does this, as we speak. Until I find it, I'll push for my base to improve. I can count on them pushing our bonuses down.
 


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Hello, sales make the world go around. Yeah I'm in pharma now but sold in other industries first. I remember talking to a guy who sold for the Yellow Pages back in the 80's who was making well into 6 figures. The worst part about pharma is there is too much weight on base not enough IC at most places. Most people could not take the pressure of not knowing how much money they were going to make. I don't care what you are selling, if you're good you can make big money. As far as should PCP docs make more money, yeah most should. It's the managed care companies that have screwed the docs, not pharma.

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You get with the right company, you can get a high basewith high bonus potential. Smaller Biotech companies
 




"One thing that all those making the big money had in common..consistent top performance over a period of many years"

20 year vet here, 10 years as a DM, I have interviewed a lot of people over the years and I completley disagree with what you said. Sounds like you took a sports analogy and changed a few words so it would fit more into the sales arena.

People that have high salaries are usually people that have moved from one company to another, not top performers. If I interview someone who has been with a company for 10 years, there base is usually pretty low or a lot lower than someone who has had 3 different jobs over the past 10 years.

This is not a TRUE sales #1, #2, I have yet to interview anyone who has Bad #'s, everyone I see is a top performer. Professional references even back that up these days. You have to be creative in your searches when you dig.

There is only one thing in this industry that makes you successful today (Notice how I said today). Just get out and "WORK".

I was curious to know how much weight you put into "TOP PERFORMERS" at XYZ company, There are too many factors that go into each territory, of course if you are recruiting a competitor from the same specialty you are currently working in its a little easier to gather that infomation.

Not to get off Subject

Rm (equal to DM responsibilites at Big pharma) for a small biotech specialty.

140 base, 55 in bonus last year. Comp car and 10 shares of stocks (Which have added up to absolute shit at this point).
 


Boy this is fun to read, I worked at Pfizer right out of college, four years later, fell in love with and married one of the doctors I used to call on. She inherited her practice from her Dad who was a GP in the area for awhile. Make the long story short, she convinced me to go to med school, which I did in Venezuala, before you laugh, I spent four years there encountering patients you would never see in the US, making a difference. After that I got accepted to a residency program at stony brook university hospital, anyon familiar with that knows it's one of the top ten med schools in the country, I am now finishing my fellowship in Rheumatology in North Carolina,and by the way, I have next week off, so the first time n about two years I am pretty drunk, my buddy from pfizer told me to check this board out, anyway, not to digress, I was offered a position on staff at a teching institution in NY after I finish my fellowship, anyone that knows anything about NY probably knows what hospital that is...salary? 160,000 dollars plus expenses, after three years I will be an adjunct professor making close to four hundred...the moral? The money is not much better, especially considering the 280k I have in education bills. But, I will trying to make peoples lives better, while you and your rd come to my office and try to make me write something. I only feel the need to write this because I was a former rep. everything you think doctors think about you? multiply the negative by ten, and you dms and rms, you are only worse. I ask you all to look at your lives and take a chance and try som.ething else, yeah, I know I lucked out, I married the chick, but I am 34 know and I am just starting my life. I hope that helps to inspire someone and I did not waste anyones time
 





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