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Whether you enter the field with a lot of experience or very little, you can still expect to earn a much higher-than-average salary as a sales rep working within the pharmaceutical industry. According to the report, the average salary based on work experience was as follows : What you can expect to earn, though, is significantly impacted by your years of experience. Sales representatives for the pharmaceutical industry earn a higher-than-average pay, which is typically comprised of a base salary, earned commission, and occasionally a bonus.Īccording to a report by MedReps, pharmaceutical sales representatives earned an average salary of $158,013 in 2021, which consisted of an average base salary of $115,244 and an average commission of $44,798. Here’s what you can expect from the position in terms of pay and job outlook: Pharmaceutical sales salary Pharmaceutical sales representatives enjoy a higher-than-average salary alongside relatively consistent job growth. Pharmaceutical sales jobs: salary and job outlook Staying up-to-date on new drug developments and pertinent health care issues by attending continuing education workshops.Īttending sales meetings to learn about company goals and new pharmaceutical products.Ĭonducting competitor research and maintaining customer sales records. While the day-to-day work of a pharmaceutical sales representative may vary based on their specific role, some of their most common duties include:Įstablishing and maintaining customer relations, such as by scheduling meetings with physicians to discuss new pharmaceutical products.Įducating physicians on the uses and side effects of different prescription drugs within a company’s product line. Pharmaceutical sales is the practice of salespeople who educate health care professionals on specific medications developed by drug companies in order to persuade them to prescribe them to patients rather than a competitor product or treatment method. Pharmaceutical sales representatives are salespeople employed by pharmaceutical companies to advocate for the use of prescription medications to physicians and health care facilities. At the end, you’ll also find steps you can take to join the field and explore cost-effective, online courses that can help you get started today. In this article, you’ll learn more about what pharmaceutical sales are, what sales representatives in the industry actually do, and what you can expect to earn from the job. If you’re an aspiring sales professional with a knack for science, then you might consider joining this high-paying profession. Pharmaceutical sales representatives work for drug companies, advocating for the use of their pharmaceutical products to physicians and other health care professionals.