Navigation Links Report Shows Biotech Workers Earn the Most in Medical Sales

Alpharetta, GA (PRWEB) June 11, 2013

A new report by, a job board for medical sales representatives, revealed that biotech sales professionals are now the top earners in medical sales, with an average total compensation of $164,783. They also have the highest median income at $155,000. The 2013 Medical Sales Salary Survey, which was recently released, also broke down earnings by company size, job title, years of experience, age, sex, and other influential factors.

Notable findings from the The 2013 Salary Survey included the following:

  • Younger professionals often earn more than their older counterparts (when years of experience are equal). In the group with 11 to 20 years of experience, professionals in their 30s earn more than those in their 40s. In addition, those in their 40s earn more than those in their 50s. This variance often lies in the amount of commission each group earns.
  • Experience has more impact on earnings than age. Income increases significantly between the 20-30 and 31-40 age groups, but it stays relatively flat among the other age groups. Income steadily rises, however, as the years of experience increase.
  • Professionals employed by manufacturers earn substantially more than those employed by distributors. The average income reported by those employed by manufacturers is $141,958, whereas professionals employed by distributors earn an average income of $112,264. The size of the manufacturer does not seem to affect earnings, but it did impact earnings for those working for a distributor.
  • The job title commanding the highest income is “Sales Director” or “VP of Sales.” These professionals reported an average total income of $214,528. “Sales Managers” reported the second highest average earnings at $175,898.

Wage gap by gender is still found in the medical sales industry. According to the survey, men reported an average base salary 5 percent higher than women and an average total income that is 20 percent higher. In 2012, this difference was one percent and 15 percent, respectively.

“The gender gap appears to be widening in medical sales, in part because men still hold the majority of medical sales management positions. Men are also more likely to work in high-commission fields such as biotech and medical devices, which is another reason men are earning more,” said Robyn Melhuish, editor at

The 3rd Annual Salary Survey analyzes data collected from more than 2,000 professionals currently working in medical sales. To access the full Medical Sales Salary Report, including the corresponding medical sales salary calculator, click here.

About is owned and operated by Healthcare Staffing Technologies. As the leading job site in its niche, gives members access to the most sought after medical sales jobs and pharmaceutical sales jobs on the web. Members have access to approximately 9,000 jobs and can apply directly to the recruiters and hiring managers who post them. For more information on the #1 site for healthcare sales, marketing, and management careers, please visit

Read the full story at

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related biology technology :

1. Biotech Services Take Advantage of Technological Revolution through Innovations - Research Report on Life Technologies, PerkinElmer, PAREXEL, Genomic Health, and Bio-Reference
2. Cellular Therapy and Cord Blood 2013 Market Report
3. Clinverse, Inc. Introduces ClinSpend to Meet Challenges of Sunshine Act Reporting Requirements
4. Z Trim Holdings Reports Continued Sales Growth in May 2013
5. GW Pharmaceuticals plc Reports 2013 Second Quarter Financial Results
6. CTI Reports Final Results from Cooperative Group and NCI-Sponsored Trial of Brostallicin in Patients with Metastatic Triple-Negative Breast Cancer
7. Lucintel Report Outlines $821.8 Billion Market for Global Basic Petrochemicals Industry by 2018
8. Report Shows Rapid Increase in Salaries for Life Science Jobs
9. Kinase Market Profiling - In House & Outsourced Trends 2015 Forecast in New Research Report at
10. Positive Results Reported for Phase I Clinical Trial at UCLA for the Treatment of ADHD in Children Using External Trigeminal Nerve Stimulation (eTNS)
11. Insero Health Reports Positive Data on Phase I Trial of Novel Therapy for Drug-resistant Epilepsy
Post Your Comments:
(Date:11/25/2015)... Nov. 25, 2015  Neurocrine Biosciences, Inc. (Nasdaq: ... President and CEO of Neurocrine Biosciences, will be presenting ... New York . ... website approximately 5 minutes prior to the presentation to ... the presentation will be available on the website approximately ...
(Date:11/25/2015)... San Francisco, CA (PRWEB) , ... November 25, ... ... leading microbial genomics company uBiome, were featured on AngelList early in their initial ... by launching an AngelList syndicate for individuals looking to make early stage investments ...
(Date:11/24/2015)... 2015 /CNW/ - iCo Therapeutics ("iCo" or "the Company") ... for the quarter ended September 30, 2015. Amounts, ... and presented under International Financial Reporting Standards ("IFRS"). ... said Andrew Rae , President & CEO ... not only value enriching for this clinical program, ...
(Date:11/24/2015)... India , November 24, 2015 ... a new market research report "Oligonucleotide Synthesis Market by ... Application (PCR, Gene Synthesis, Diagnostic, DNA, RNAi), End-User (Research, ... 2020", published by MarketsandMarkets, the market is expected to ... Million in 2015, at a CAGR of 10.1% during ...
Breaking Biology Technology:
(Date:11/17/2015)... , Nov. 17, 2015 Pressure BioSciences, ... in the development and sale of broadly enabling, pressure ... life sciences industry, today announced it has received gross ... $5 million Private Placement (the "Offering"), increasing the total ...  One or more additional closings are expected in the ...
(Date:11/11/2015)... 2015   MedNet Solutions , an innovative SaaS-based eClinical ... is pleased to announce that it will be a Sponsor ... event, to be held November 17-19 in Hamburg ... demonstrations of iMedNet , MedNet,s easy-to-use, proven ... has been able to deliver time and cost savings ...
(Date:11/4/2015)... --> --> ... Transparency Market Research "Home Security Solutions Market - Global Industry ... 2022", the global home security solutions market is expected to reach ... market is estimated to expand at a CAGR of ... Rising security needs among customers at homes, the emergence ...
Breaking Biology News(10 mins):