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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
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<p>[QUOTE="anonymous, post: 5485744"]Peerless has had the same commission structure for four years and they are W2 (that means they pay your side of taxes you would be paying if you were a 10/99). The Reps pay for nothing but their gas and phone (some managers get gas and phone or a car allowance) and everything else is covered (travel, dinners, lunches, shipping (if we stay under the limit), consignment (if we stay under the limit), meetings, labs, assistants, vendor credentialing (and all testing involved in credentialing), office administration, instrumentation, inventory software, etc.) . They pay 50% healthcare (dental and vision are optional), longterm disability, provide 401k (not matching), etc. All employees get two weeks paid vacation (they ask we not take off December and June)</p><p>Most Representatives are paid 8.5% (to the rep and assistants are paid for by the distributor) up front (depending on whether they are a part of a team or individual territory). If they are part of a team in a larger territory it is split equally amongst the team. They can make .5% bonus per quarter from dollar one. Annually they can make one percent of their entire income back from dollar one (so if a territory does $2,000,000/Rep makes $20,000). Peerless also pays out mid year and promotional bonuses throughout the year for hitting certain short term goals. So reps can make make 10% with no expense if they perform or above. Full Line Reps and Managers make $75k to $275k and up. Assistants are around $36k-$75k (with only gas a phone as an expense) depending on their abilities and territory potential and grow at close to 20% in income per year (because that is what Peerless grows at per year on average).</p><p>They have one of the nicest labs in the country to be privately owned and that is paid for and maintained by the owner, not Arthrex. They provide service vehicles and specialist to support their sales team and seem to be adding many new positions this year at no cost to the reps or managers.</p><p>Almost all of this is in their contracts and has not changed so you can see for yourself. If you do your job it is a great place to work and they leave you alone. If you want something for nothing and do not perform you cannot work here.[/QUOTE]</p><p><br /></p>
[QUOTE="anonymous, post: 5485744"]Peerless has had the same commission structure for four years and they are W2 (that means they pay your side of taxes you would be paying if you were a 10/99). The Reps pay for nothing but their gas and phone (some managers get gas and phone or a car allowance) and everything else is covered (travel, dinners, lunches, shipping (if we stay under the limit), consignment (if we stay under the limit), meetings, labs, assistants, vendor credentialing (and all testing involved in credentialing), office administration, instrumentation, inventory software, etc.) . They pay 50% healthcare (dental and vision are optional), longterm disability, provide 401k (not matching), etc. All employees get two weeks paid vacation (they ask we not take off December and June) Most Representatives are paid 8.5% (to the rep and assistants are paid for by the distributor) up front (depending on whether they are a part of a team or individual territory). If they are part of a team in a larger territory it is split equally amongst the team. They can make .5% bonus per quarter from dollar one. Annually they can make one percent of their entire income back from dollar one (so if a territory does $2,000,000/Rep makes $20,000). Peerless also pays out mid year and promotional bonuses throughout the year for hitting certain short term goals. So reps can make make 10% with no expense if they perform or above. Full Line Reps and Managers make $75k to $275k and up. Assistants are around $36k-$75k (with only gas a phone as an expense) depending on their abilities and territory potential and grow at close to 20% in income per year (because that is what Peerless grows at per year on average). They have one of the nicest labs in the country to be privately owned and that is paid for and maintained by the owner, not Arthrex. They provide service vehicles and specialist to support their sales team and seem to be adding many new positions this year at no cost to the reps or managers. Almost all of this is in their contracts and has not changed so you can see for yourself. If you do your job it is a great place to work and they leave you alone. If you want something for nothing and do not perform you cannot work here.[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Medical Equipment/Device Sales
>
Arthrex
>
Peerless - worst distributor
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Medical Equipment/Device Sales
>
Arthrex
>
Peerless - worst distributor
>