Pharmaceutical Sales Rep Salary Breakdown
How Much Do Pharmaceutical Reps Make?
A Pharmaceutical Sales Representative in the US can expect a wide salary range, with the average total compensation around $196,683 per year, according to Glassdoor data. This can vary significantly based on experience, location, and the specific company. Here’s a more detailed breakdown:
Average and Range:
• Average: $196,683 per year
• Entry-level: Salaries can start around $147,513 per year
• Experienced/Top Earners: Can reach up to $357,432 per year
• Commission and Bonuses: Can significantly increase total compensation
What Affects Your Pharmaceutical Sales Salary?
Experience:
Entry-level positions may start lower, while experienced reps can earn significantly more.
Location:
Salaries can vary by state and even city. For example, Florida pharmaceutical sales representatives can expect a total pay range from $91K – $169K/yr.
Company:
Some companies, like AbbVie, Takeda Pharmaceuticals, and Pfizer, are known to offer higher compensation packages than others.
Specific Role:
Specialty pharmaceutical sales or sales specialist roles may have different pay scales.
Additional Compensation
Commissions:
A substantial portion of pharmaceutical sales income often comes from commission on sales.
Bonuses:
Many companies offer bonuses for meeting or exceeding sales targets.
Examples from Glassdoor
- Inizio: The typical pay range is between $127,462 and $217,714.
- Amplity Health: The median base pay is $97K/yr, with a commission range of $31K – $58K/yr.
- Eli Lilly and Company: Pharmaceutical Sales Representatives in Tampa, FL can expect a salary range of $125K – $182K/yr, according to Glassdoor.
- AbbVie: In Tampa, FL, pharmaceutical sales representatives can earn between $158K – $239K/yr.
- Pfizer: In Tampa, FL, the salary range is $124K – $183K/yr.
A rewarding role for driven professionals.
Is Pharmaceutical Sales a Good Career?
Pharmaceutical sales jobs can be exciting for those who enjoy talking to people, traveling to different locations, and keeping a flexible schedule. This role is a type of sales job that markets and sells pharmaceutical drugs and devices to individuals and companies.
For most Pharmaceutical Sales Rep jobs there is a base salary plus commission and bonuses, though the salary can vary depending on your years of experience, certification level, and location. Pharmaceutical sales jobs can be lucrative with enough training and experience—and a strong dose of tenacity on your part. If this sounds like a potential career path, you can build the key skills needed to become a pharmaceutical sales representative.
Job Outlook
The job outlook for pharmaceutical sales reps is on the rise with the advent of new medications, treatments, and advances in health care. The increased demand for health care workers has also positively affected job growth in the pharmaceutical industry. Pharmaceutical sales is a massive business with a lot of opportunities for sales reps.