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This question is about what a medical sales representative does and medical sales representative.
How do medical sales reps get paid?
Medical sales representatives typically get paid through a combination of base salary, commission, and bonuses. Many medical sales representatives have an even split between base salary and their commission and bonuses.
The medical sales representatives that sell healthcare IT and software, which typically make the most of all medical sales representatives, also have the most even split between base salary and commission and bonus pay.
Because of the fairly even split between base salary and other compensation methods, the best way to succeed in medical device sales is to be hardworking, dedicated, and optimistic.
The other two factors in how a medical sales representative is paid that influences earning potential are experience and professional level.
This is because more experienced medical sales representatives can strategically apply their knowledge to maximize their commission earnings and bonuses. The more time a medical sales representative spends in the field, the higher their compensation and other benefits.
People who have worked in the industry for 20 years make an average base salary of $126,000, with total compensation of $184,000. That means they earn over $87,500 more than what entry-level medical sales representatives make.
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