Avg. Entry Compensation*
Overall Job Placement*
Graduate from MSC in
*Average entry-level compensation for a sales rep with 0-2 years experience, 2021 MedReps Salary Survey. Job placement rate calculated as of January 1, 2022, by dividing the number of placed graduates by the number of on-campus graduates for all current 12-week on-campus programs.
Why choose a career in medical sales? Medical sales is a rewarding and lucrative industry with a high earning potential, work flexibility, and the opportunity to sell medical products that can make a direct impact on improving a patient’s quality of life. In the world of medical sales, effort equals earnings and there is a sense of control over one’s own success. Continue reading to learn more about the soaring income of a Medical Sales Representative.
Medical sales is just one of the many different types of sales out there. If you have a passion for medical technology and enjoy learning more about and seeing the different devices that have been created and updated, then this is the field for you.
Working in this field means you must be ready and excited for changes. Today’s companies are no longer focused on improving healthcare. They’ve evolved to change the overall quality of life of patients. Even during periods of economic decline, there will always be a demand for high-quality medical supplies, and a well-qualified salesperson in the medical field can find a rewarding and enriching career in medical device sales.
Nothing affects Medical Sales Rep salaries as much as job title. Income increases with responsibility. Sales Managers earn a base salary that is 40% more than the reps they manage. Medical Sales Directors and VPs earn a base salary that is 24% more than Sales Managers.
Join an industry that has high job security, fantastic benefits, competitive compensation, and high job satisfaction. And did you know, the total average compensation in medical device sales jumps over $37,000 after just two years of experience? Let Medical Sales College fast track your medical sales career!
Average total compensation (base + commission + bonus) based on average years of experience and sales title.
Biotechnology shows the highest total compensation for the third year in a row. Pharmaceuticals, medical supplies, and medical equipment have increased year-over-year.
Physician, Surgery / OR, and Hospital markets are the most common to sell to. Surgery / OR proves to be the most profitable market for sales reps. Although the base salaries are lower, they receive higher commissions than those selling to other markets.
Income based on a survey of 2,000 employed medical sales professionals with an average of 12.78 years of experience.
46% of Medical Sales College graduates are placed in careers outside of Orthopaedics. Our custom sales methodology promotes a transferable skillset to multiple industries.
Sales reps going into their 30s see a significant income jump, and it is this age group earning the highest commissions. Reps in their 40s report the highest total income, despite making a lower base salary than those in their 50s and 60s.
Once reps have ten years of experience (most do in their 30s), additional experience does not affect income as much as it does in earlier stages of a career in medical sales.
Nearly 2,000 employed medical sales professionals took the salary report survey in March 2021.
– Medical Device
– Surgical Device
– Capital Equipment / DME
– Medical Supplies / Disposables
For over a decade, Medical Sales College has helped thousands of individuals land their dream job in the medical device industry. Affordable 8 and 12 week programs provide you with the clinical knowledge, hands-on experience, consultative sales training, and career development that has resulted in an 83% job placement rate.
Professional networking is an important part of being a medical sales rep. It’s how you make connections with people in your field and find out what’s going on in the industry at large. You can also use it to find out about job openings, get new clients, and learn what you need to do to succeed in the field. Remember that networking means building relationships with people who can help support your career goals. Never underestimate the power of networking—it’s a handy tool that you’ll use your entire career. According to MedReps‘ these are the top professional networking tips for medical sales reps:
1. Practice your elevator pitch
2. Be prepared to listen and ask plenty of questions
3. Dress and act professionally
4. Attend industry conferences
All Medical Sales College (MSC) graduates create a professional profile, allowing them to get in front of 3,300+ industry hiring managers across the nation. MSC graduates are being hired every day.
– Hiring Managers reach out to graduates with job opportunities
– Up to one (1) year access
– Professionally produced profile