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This question is about medical sales representative salaries.
How much do top medical sales reps make?
Top medical sales representatives make on average total compensation of around $170,000. This is typically an average base salary of around $100,000 and bonus and commission earnings of around $73,000.
Medical sales representatives who make the most, at an average of around $170,000 a year, sell health IT and software. Other high-earning medical sales representative specialties are surgical devices, capital equipment and durable medical equipment (DME), medical devices, and biotech/biopharma.
Meanwhile, the lowest-paid product category for medical sales representatives is found in selling home health products. These sales representatives make $83,000, on average.
Another factor that can impact income is the amount of travel; those who travel the most also earn the most. However, there is not much difference between people who travel half the time and those who travel most of the time.
Another way that medical sales representatives' salaries are impacted is by company size and industry. Large companies offer an average salary of $160,000. However, small sales companies are not far behind with a $155,000 average compensation. This is largely because small companies offer a higher base salary and smaller commissions.
Medical sales representatives who work for manufacturers generally earn more than those working for distributors and service providers.
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