How much do people make selling medical devices?
In fact, according to Med Reps’ recent salary survey, the median total compensation for a medical sales rep is $149,544, with an average base salary of $92,698 and an average bonus of $63,318 in 2018. That means an average 68 percent increase in payout simply because of commission on making sales.
Is medical device sales a good career?
Medical device sales is a highly competitive and demanding field, but it is also very rewarding, so it’s no surprise that many people want to get into this industry and begin their career path.
How much commission do medical device sales reps make?
The average base medical device salary is $94,918 and the bonus commission is $60,440 in 2021, making the commission percentage you earn 38% of your total compensation. Compensation can vary widely on tenure, division, and company — but make no mistake, medical device sales is lucrative.
HOW MUCH DO device reps make?
What Is the Average Medical Device Sales Representative Salary by State
| State | Annual Salary | Monthly Pay |
|---|---|---|
| California | $85,261 | $7,105 |
| Massachusetts | $85,257 | $7,105 |
| Oklahoma | $84,935 | $7,078 |
| Arkansas | $83,758 | $6,980 |
How to get job in medical device sales?
Find a company willing to train you Some medical sales companies believe in talent over experience.
How much do medical device sales reps make?
In fact, according to Med Reps’ recent salary survey, the median total compensation for a medical sales rep is $149,544 , with an average base salary of $92,698 and an average bonus of $63,318 in 2018. That means an average 68 percent increase in payout simply because of commission on making sales.
What you should know about medical device sales job?
As the title suggests, medical device sales representatives are selling experts who influence clients’ buying decisions by detailing unique product features and benefits. Sales representatives market their company’s devices to hospitals, clinics, nursing homes, surgical centers, physicians, and more.
How much does medical device industry pay?
As of Jan 24, 2021, the average annual pay for a Medical Device Industry in the United States is $78,552 a year. Just in case you need a simple salary calculator, that works out to be approximately $37.77 an hour. This is the equivalent of $1,511/week or $6,546/month.