Social distancing mandates in 2020 presented unique challenges to meeting commissions goals, negatively impacting the total average compensation for medical device sales reps. However, medical device companies rose to support reps through the pandemic. Reps reported higher base salaries and more benefits than the previous year.
Salary
Starting a career journey in medical sales is an exciting time. It can also be intimidating. Many job seekers fear a lack of experience will hold them back from starting on a successful path. Really, we’ve all heard about the numerous years of experience reps have and how their earning potential goes up exponentially as […]
It’s an exciting time to be in biotech sales. Innovations are at an all-time high as biosensors, 3D bioprinting, bioenergy, and many more new developments change the face of health care. Aside from selling products they’re passionate about, biotech sales reps continue their impressive upward income trend. In our 2020 Medical Sales Salary Report, biotech […]
Surgical sales reps saw one of their largest jumps in total compensation in the history of our Medical Sales Salary surveys. What’s extra unique about this incredible jump is that their base salaries decreased while their bonuses/commissions took a giant leap, 0
2019 ended on a positive note for pharmaceutical sales reps reporting they saw an impressive increase in total average compensation. But no one could have predicted what the first quarter of 2020 would bring. 0
Medical equipment sales representatives ended 2019 on a slow but steady salary increase. No one could have ever predicted what the start of 2020 would hold. According to our survey, 78% of medical equipment sales respondents believe the COVID-19 crisis will negatively impact their earnings. 0
In ten years of collecting this data, MedReps has consistently documented increases in the overall medical sales rep income across most product categories. 2019 was another impressive year of growth for medical sales salaries. It’s no wonder med reps have always been predominantly satisfied with their incomes and confident in future earnings–until now. 0
After seeing a 9% increase in total average compensation, medical device sales representatives ended 2019 on a high note. But no one could have ever guessed what the first quarter of 2020 would deliver. 0
Biotech sales reps have witnessed a steady increase in total average compensation over the last five years. These reps celebrated another record-breaking year-over-year increase at the end of 2019. 0
Year after year, medical sales salary numbers have been on the rise. In 2019, however, our Medical Sales Salary Report showed the biggest increase (4.8%) since the survey’s inception in 2011. Of course, salaries in this field vary depending on a variety of factors. The wide array of products, markets, and companies means that compensation […]