I took a job here in GI. I was made an offer that was low and they would not negotiate. I get thinking your company is great however, I think this company is its own worse emery. Why have managers if HR runs everything? If you want to keep your talent not waste Training and interviewing money pay your people.
I'm confused. You took the job but you thought you were worth more money? Then why did you take the job?
I agree with you that Ferring does not pay enough for a "Specialty Sales" role. However, you are the one that ultimately decides whether or not you think the offer is worth accepting. No one forced you to take the job.
I know several offers that have gone out to Moviprep and Suprep reps, but the base was less than 90. In fact, the recent new hire down in TX left Ferring to take more money at Salix. Ferring pays better than Braintree but that's about it. Again, I don't know everyone's salaries but I have yet to hear of someone making over a 90 base.
OP here. #17--you are exactly on target. I have a LOT of Urology experience, buy and bill, Specialty. HR would not budge enough on base. Too bad as I already have existing relationships that could have leveraged. I really wanted to work with this particular manager as they seemed really sharp and someone I would enjoy working with/for. Onto looking for another opportunity.
I know that TX rep. She loved the idea of working for Ferring, was 100% on board. Then no one in her new district bothered to welcome her, which was ok but different and then her own manager - David Watts (?) - barely spoke to her in two weeks. Didn't return her calls, never emailed her back etc. Then the Salix DM courts her, spends time getting to know her, they hit it off and she bolts - for exactly 3 grand more in salary, that's it.
The 100% sad truth is that had the folks at Ferring spent any time at all letting her know that they were actually glad to have her on the team, she'd still be there. A complete failure to recognize what motivates an employee - in her case, a little recognition and inclusion and camaraderie. You may make fun of that but you lost a good employee through a lack of caring.
BTW, I do not work for Salix, Ferring or Braintree.
I tried to apply for an opportunity. The application goes through ADP not to Ferring.
You cannot apply unless you are willing to say what year you graduated from college.
Give me a break!
I know that TX rep. She loved the idea of working for Ferring, was 100% on board. Then no one in her new district bothered to welcome her, which was ok but different and then her own manager - David Watts (?) - barely spoke to her in two weeks. Didn't return her calls, never emailed her back etc. Then the Salix DM courts her, spends time getting to know her, they hit it off and she bolts - for exactly 3 grand more in salary, that's it.
The 100% sad truth is that had the folks at Ferring spent any time at all letting her know that they were actually glad to have her on the team, she'd still be there. A complete failure to recognize what motivates an employee - in her case, a little recognition and inclusion and camaraderie. You may make fun of that but you lost a good employee through a lack of caring.
BTW, I do not work for Salix, Ferring or Braintree.
I'm in specialty pharma now and was contact by a recruiter. What's base and bonus here? I have 5 yrs total in pharma at $85K base and average $30k total in bonus, company car, etc. I also have a little bit in comp stocks. Does Ferring pay more than this?
I'm in specialty pharma now and was contact by a recruiter. What's base and bonus here? I have 5 yrs total in pharma at $85K base and average $30k total in bonus, company car, etc. I also have a little bit in comp stocks. Does Ferring pay more than this?
No. We are underpaid. If you are one of the few- you could possibly get 90. I just left here last month and got a $30,000 increase in base pay from what I was making at Ferring. Sadly, I didn't know how underpaid we were until I got my new offer.
Best advice- stay where you are and keeping looking for an opportunity that really is better. This one, I can guarantee you, is not.
That is a complete lie. ferring has thoroughly investigated industry norms and with the exception of an equity sharing plan Ferrings total compensation is average to the industry. That is fact. As for other benefits, such as health care, vacation, etc. Ferring follows the norm as well. The only argument which is valid is equity (stock grants, options, etc.) but this can be debated (not all public pharma companies are doing well, share holder perception driving company decision is not healthy, so being private may have an advantage, but you can potentially make more money in the long run with a public company due to equity compensation). But as far as core comp (base and bonus) Ferring is not the highest and it's not the lowest.
