Medical sales reps can work for manufacturers or distributors and may be employees or independent contractors. “With an average total income of $133,654, medical sales professionals are some of the highest earners in the healthcare industry,” Melhuish said.1 nov 2013
Can you make a lot of money in medical sales?
Medical sales jobs will always be in high demand. ... You're likely already aware of the high earning potential of medical sales. In fact, according to MedReps most recent research, average total compensation for medical sales reps is $149,544 -- with an average base of $92,698 and an average bonus of $63,318.27 nov 2018
Can you make millions in medical sales?
What annual pay rate do you think you can possibly reach? A look at the top earners in our 2016 Medical Sales Salary Report found 14 percent of the respondents earn between $200,000 and $300,000. An additional 4% earn more than $300,000. That means a total of 18 percent earn upwards of $200,000 annually.4 ene 2017
What is the highest paying medical sales job?
After all, according to the 2016 Medical Sales Salary Report, Sales Director / VP is the highest paid job title (average total $209,082), and biotech is the highest paying product category (average total $165,028). But becoming a VP for a biotech company isn't the only path to earning more than $200k.9 sept 2016
What should I major in to be a medical sales rep?
Most medical device sales representatives choose an undergraduate major in health science, sales, business, or life science disciplines. Taking technical electives related to medical device sales, such as biomedical engineering and biotechnology, is recommended.
What does it take to get into medical device sales?
Most medical device job listings require a bachelor's degree. Any degree from a 4-year college or university is enough. But a degree in business, biology, or kinesiology might help your chances. Employers prioritize sales experience and industry knowledge over education.
Do you have to have a degree to do medical sales?
For the most part, jobs in medical sales require a college degree. There's often a high level of knowledge required to succeed in medical sales in fields including science, health, math, biotechnology and, of course, medicine and healthcare.