How Much do Medical Equipment Sales Reps Make? The year 2018 witnessed an impressive jump of $2,000 in the average commission that increased the average medical sales rep’s salary to $149,544.

What is a typical percentage of sales for sales commissions?

What is the typical sales commission percentage? The industry average for sales commission typically falls between 20% and 30% of gross margins. At the low end, sales professionals may earn 5% of a sale, while straight commission structures allow a 100% commission.

How much do people make selling medical devices?

Medical Device Sales Representative Salary

How much do medical sales jobs pay in commissions?

Those who earn commissions only (no base salary) earn more than twice the total income of those who receive a base salary only (no commissions) The Medical Sales Salary Survey received 2,411 responses from medical sales professionals currently working in the industry.

How much do medical equipment sales reps make?

How Much do Medical Equipment Sales Reps Make? The year 2018 witnessed an impressive jump of $2,000 in the average commission that increased the average medical sales rep’s salary to $149,544. The increase in annual payout came despite the slight drop in the base salary from 2018.

What’s the average Commission for a sales rep?

The low end usually bottoms out at 5%, with some companies paying as much as 40 – 50% commission per sale. These are typically businesses that have implemented a commission-only structure. Despite such a large range, the industry average usually tends to land between 20 – 30% of gross margins.

How much does a medical device sales manager make?

Medical device sales managers earn an average of $179,074, which means over $35,000 more than field sales reps. Company Size: Large companies offer a whopping average of $159,170 to their medical sales reps. Interestingly, small sales companies are not that far behind with a $155,382 average compensation.