1. FDA Committee Votes 6-6 on Durect's Non-Opioid Pain Drug — Eli Lilly targets quarterly deals of $1 billion-$5 billion in 2020 — Novo Nordisk's Ozempic wins FDA label boost with CV indication — See more on our front page news TRY TWO WEEKS OF OUR EMAIL NEWS HEADLINES FOR FREE
    Dismiss Notice
  2. Think you have witnessed fraud?Ask a Whistleblower Attorney -- a chance to discuss whistleblower-related legal issues with practicing whistleblower attorneys.
    Dismiss Notice

GYN Surgical

Discussion in 'Olympus' started by anonymous, Aug 28, 2019 at 2:57 PM.

  1. anonymous

    anonymous Guest

    Hey all, looking at gyn surgical position for Olympus, I'd be new to OR sales. From looks of things on this board, the company has problems, anything different for the gyn team? Or at least a decent place to get some OR experience? Any honest, unbiased feedback would be appreciated!
     
  2. anonymous

    anonymous Guest

    Entry level sales job. This company has no direction, this is an expansion division. Historically Oly will expand then contract. The training is inferior and you will not be able to compete against a better trained sales force. No new products and selling commodity products that are backordered.
    Better choices than this floundering ,toxic place
     
  3. anonymous

    anonymous Guest

    Thank you for the feedback! How about the hours there? Is it generally long days or somewhat flexible?

    Also, I'm told there's a guarantee for the 1st year, how about the quotas afterwards? Are they attainable? Realistic average comp?
     
  4. anonymous

    anonymous Guest


    As someone who worked for Olympus in the past and am very familiar with the GYN division...I have some advice for you.

    The GYN division was formed about 1.5 years ago to carry some products from URO, ENG, and SE. The products are old, commoditized, and unexciting to physicians. They added these products into the bag in order to support the new sales force and give the division some funding. The reps from whom the products were taken were either upset or indifferent. Most were indifferent bc the products were never really an income generator.

    Now, with some “revenue” from these old devices, the GYN division was hoping to make an impact on the growing women’s health market. They were REALLLY hoping for a new product line - either a single-use hysteroscope, something from LINA, or some sort of disposable ablation technology. This hasn’t happened and Olympus isn’t in a position to pay the high price tag for an established line.

    The reps and managers who were convinced to come on board were counting on this new product. Simple math would tell you the guarantee ($150k) would be virtually unattainable with the current products. When the new comp plan launched, a lot of the hopeful reps left or are in the process of leaving. To make the same as your guarantee, you have to work your ass off and have miracles happen. Like I said, the products are old and unexciting. Big capital orders will help you make some $ but there are better hysteroscopy products available. The only thing GYN has going for it is the Olympus brand name and existing scope market share. That is literally the only thing it has going.

    If they don’t acquire a compelling growth product or develop one, the division will fold up. That’s my analysis.

    If this is your only opportunity to get into the OR (and that’s what you want to do) then I would take the position. You’ll have the salary guarantee and the SLIM possibility that the division turns around.

    Try to get little wins in your year with Olympus and build your resume while networking with other reps in the OR. Once your guarantee ends and you analyze the new comp plan, you’ll find that it’s nearly impossible to make $150k. You don’t get % of Capital. It all goes towards buckets. Like I said, you need hard work and miracles to make good money at Olympus. They don’t want to pay reps.

    Don’t fall into a trap of waiting for things to turn around. Get your experience, don’t drink the cool aid, don’t get comfortable, and get the fuck out as soon as you find a better opportunity.
     
  5. anonymous

    anonymous Guest

    YEP!!! Expand then contract , expand then contract every 3 years! This division is in a race with energy to see which is the worst performing! Energy has won hands down with the most pathetic leadership and the worst moral of any OPCO. In terms of sales well lets see in march who is the winner in sales bucket.
     
  6. anonymous

    anonymous Guest

    Literally. Every single word of this is 100% true.
     
  7. anonymous

    anonymous Guest

    Wow! Perfect summation
     
  8. anonymous

    anonymous Guest

    $150K is good money?!? Medical &OCA is horrible for making serious money. What a joke B2B reps are sold. So easily sold.
     
  9. anonymous

    anonymous Guest

    I think you need to read that post again. It never said that $150k was good money. It simply stated that $150k is the guarantee and won't be attainable when the guarantee ends.
     
  10. anonymous

    anonymous Guest

    This division will be gone in less than 2 years. This place is a mess. Manisha good try, but you are in over your head
     
  11. anonymous

    anonymous Guest

    best alarm clock ever is the short circuit error. I still wake up in the middle of the night to that horrid nightmare err err err!
     
  12. anonymous

    anonymous Guest

    This is very well put. It IS a great entry level spot to come in to. Olympus is a good company, with quality technology and a good name. There are solid reps in this division but eventually they will leave due to lack of opportunity (irrelevant products and low earning potential). If you a tenured rep look elsewhere. If you are breaking into the industry, solid place to start.
     
  13. anonymous

    anonymous Guest

    Hahaha so true. Used to stand behind the generator during evals so I could turn the volume down when I saw a short-circuit coming on.
     
  14. anonymous

    anonymous Guest

    Until they get rid of Randy Clark, this division and every other division within Olympus will never thrive like they used to. He’s one of if not the worst leader in this industry. Japan, WAKE UP!!! He’s destroying your company!!!