The Highest Paying Pharmaceutical and Medical Device Companies in Sales

repvue
repvueJun 9, 2022
Pharmaceutical Sales / Medical Device Sales

We all know if you do a great job in pharmaceutical sales or medical device sales, you can make a ton of money, but just how much? Let’s break down 5 of the highest paying pharmaceutical jobs or medical devices jobs in the US. This is for account executives. The list is ranked by the avg. top performer earnings as of June 9th, 2022.

Highest Paying Pharmaceutical Jobs for Sales Professionals

#5 – IQVIA

IMS Health, (Parent company IQVIA) the American company that provided information, services and technology for the healthcare industry. IMS stood for Intercontinental Medical Statistics. It was the largest vendor of U.S. physician prescribing data. Wikipedia

As an account executive here, you can expect around $171,500 OTE or On-Target Earnings, while the top earners at IQVIA can make at least $266,200.

#4 – Abbott Labs

Abbott Laboratories is an American multinational medical devices and health care company with headquarters in Abbott Park, Illinois, United States.

Account executives selling here can make around $155,000 OTE and the top earners can make at least $290,000.

#3 – Boston Scientific

If you don’t already know by now, Boston Scientific Corporation, doing business as Boston Scientific, is a manufacturer of medical devices used in interventional medical specialties, including interventional radiology, and may others.

If you are an AE here, you can expect an OTE of around $155,000, and if you crush it, and become a top earner, you can make at least $321,300. Folks, we have just passed the $300k mark!

#2 – Medtronic

As you can assume by now, this is another medical device company. The company primarily operates in the United States. Medtronic has an operational and executive headquarters in Minneapolis, Minnesota in the US.

$192,500 is around what you can expect as a salesperson here for your OTE, while top earners can bring in at least $321,300!

#1 – Stryker

Stryker Corporation is an American multinational medical technologies corporation based in Kalamazoo, Michigan.

As an account executive here, your OTE will be around $187,100, and the top earners can make at least $479,600! Now we are talking.

Conclusion

As you can see by looking at this list, Pharmaceutical Sales and Medical Device Sales can be a great industry to work in. You can make between $200,000 and $400,000 at the right company. I bet even a few are bringing in over a million.

To explore the list yourself, go here, and sort by Pharma / Medical devices.

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