What are qtrly bonuses there? On average?
What are qtrly bonuses there? On average?
Assuming they stick to the norm, 10k a quarter with a cap at double.
Op from the other thread here-
Depends on the division. But expect about 10k a quarter and like the previous poster said they are capped.
Oh my GOSH stop with the O/P stuff on the other thread. You do not "own" these boards. You are a poster like all of us.
You are wrong. Expect less than 9 K. So many of us do not get target
Disagree. Expect $8750 at the best. Many of us got less than 3 K
Thank you all! Way different than what we have here. At HZNP
I am in rheumatology. Realistically, average performance will get you $7500 a quarter all in inclusive of contests. If you are top 10% more like $12000 a quarter.
You just have to be able to endure the needless standing teleconferences that is set up for the DM's convenience, not yours.
And you will fell dirty, but get ready each validation to throw off bad writers to dermatology just by claiming they are dermatology now. Never felt clean, but it works.
Im the OP in the other thread...
Bottom line Horizon folks will make a little less bonus vs. Horizon. But you are being brought in as KAM's and at a higher level than the Chemocentryx employees. This is confirmed. Amgen is starting a rare disease division and you will be our first employees. Bonus is undecided but as previously posted your plan will continue to be 64k a year if it changes it wont be until sometime in 2024 but I'm hearing it wont.
I will say you will all have bullseyes on your back as many of our reps currently in rheumatology are going to be upset and look to get into your roles. They will be trained on the products and will serve as referral reps working closely with you. Its a first for Amgen so we will see how it goes.
What level are the chemocentryx employees?Im the OP in the other thread...
Bottom line Horizon folks will make a little less bonus vs. Horizon. But you are being brought in as KAM's and at a higher level than the Chemocentryx employees. This is confirmed. Amgen is starting a rare disease division and you will be our first employees. Bonus is undecided but as previously posted your plan will continue to be 64k a year if it changes it wont be until sometime in 2024 but I'm hearing it wont.
I will say you will all have bullseyes on your back as many of our reps currently in rheumatology are going to be upset and look to get into your roles. They will be trained on the products and will serve as referral reps working closely with you. Its a first for Amgen so we will see how it goes.
Im the OP in the other thread...
Bottom line Horizon folks will make a little less bonus vs. Horizon. But you are being brought in as KAM's and at a higher level than the Chemocentryx employees. This is confirmed. Amgen is starting a rare disease division and you will be our first employees. Bonus is undecided but as previously posted your plan will continue to be 64k a year if it changes it wont be until sometime in 2024 but I'm hearing it wont.
I will say you will all have bullseyes on your back as many of our reps currently in rheumatology are going to be upset and look to get into your roles. They will be trained on the products and will serve as referral reps working closely with you. Its a first for Amgen so we will see how it goes.
Im the OP in the other thread...
Bottom line Horizon folks will make a little less bonus vs. Horizon. But you are being brought in as KAM's and at a higher level than the Chemocentryx employees. This is confirmed. Amgen is starting a rare disease division and you will be our first employees. Bonus is undecided but as previously posted your plan will continue to be 64k a year if it changes it wont be until sometime in 2024 but I'm hearing it wont.
I will say you will all have bullseyes on your back as many of our reps currently in rheumatology are going to be upset and look to get into your roles. They will be trained on the products and will serve as referral reps working closely with you. Its a first for Amgen so we will see how it goes.
If this posts multiple times, sorry. It didn’t show up still 5 minutes after first try.
You may be the OP, but I am the one who posted on the other thread about us getting to keep our bases & bonuses after everyone else on that thread stated that it was either undecided or that our based would be lowered. That decision was part of the original agreement, so clearly you are not in the know and never have been.
I’m also the one that shared the Chemocentryx title & bonuses.
I work for Horizon. People at Amgen do not know anything, so stop believing them. Having rheum reps be referral reps doesn’t even make sense. Idiot.
https://ir.horizontherapeutics.com/static-files/ccfaf8ae-e354-494f-b0da-a71edc9765cb#page21
From the preliminary proxy statement filed with the SEC
“Employee Matters
From the effective time through the first anniversary of the effective time (the “Continuation Period”), Amgen will provide, or will cause Acquirer Sub to provide (i) each continuing Horizon employee with a base salary or hourly rate no less favorable than as provided immediately prior to the effective time, (ii) each continuing Horizon employee with a target annual or quarterly cash bonus, incentive compensation (excluding any special, retention or one-time award opportunities), and commissions opportunities (as applicable) that are no less favorable than that in effect immediately prior to the effective time, and (iii) for continuing Horizon employees as a group, employee benefits that are no less favorable in the aggregate than those provided to similarly-situated employees of Amgen and its subsidiaries. For purposes of clause (iii), any equity, defined benefit pension plans, nonqualified deferred compensation plans, retiree health or welfare benefits, post-termination health or welfare benefits and retention or change in control payments or awards will not be taken into account.”
I work at Amgen. I came from Chemocentryx. It is true the Enbrel reps are being trained on OUR drug and so far we are told they will be helping with referrals. So don't call people idiots when it is you who is wrong.
Also if I'm being 100% honest the transition to Amgen so far has been top notch. We have spent a lot of time doing various trainings and everyone got modest increases to our base. Could be a lot worse!