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A Forthcoming Shift of Pharmaceutical Sales Compensation Plans?

OpenSymmetry

Sales in the pharmaceutical industry has been a rigid and consistent business. In some cases, incentive compensation (IC) methods have evolved to align with new regulations regarding specific sales metrics. In 2012, these plans made up less than 5% of physician pay, but are expected to surpass 10% in the coming years.

article thumbnail

A Forthcoming Shift of Pharmaceutical Sales Compensation Plans?

OpenSymmetry

Sales in the pharmaceutical industry has been a rigid and consistent business. In some cases, incentive compensation (IC) methods have evolved to align with new regulations regarding specific sales metrics. In 2012, these plans made up less than 5% of physician pay, but are expected to surpass 10% in the coming years.

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The Right Reward System is Worth Its Weight In Gold?Or Balloons?

Paul Cherry's Top Sales Techniques

Pharmaceutical Sales Training. But the incentive isn’t the balloons themselves, it’s what they symbolize: the outward recognition of their accomplishments. © 2012 Performance Based Results All rights reserved. Client Solutions. Distribution Sales Training. Hospitality Sales Training. Technology Sales Training.

System 49
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Companies Must Care How Revenue is Earned

Pipeliner

21st Century Fox certainly has an economic incentive to keep Bill O’Reilly on air,’ said Brett Harriss, an analyst at Gabelli & Company, adding that any backlash the company faces from advertisers would be temporary.” The report “cited an estimate of settlements and court judgments in 2012 that racked up more than $356 million in costs.

Revenue 66