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    Home > Medical News > Latest Medical News > The first wave of salary adjustment plans for pharmaceutical companies in 2021 is coming!

    The first wave of salary adjustment plans for pharmaceutical companies in 2021 is coming!

    • Last Update: 2021-07-25
    • Source: Internet
    • Author: User
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    Today, there is news that the headquarters of Viatris specially approved a salary increase in China.
    The average budget is the same as that of Pfizer, and the increase range is estimated to be about 7-20%

    .
    The salary increase will be adjusted in March and issued in April

    .


    Huizhi is a new company established by Pfizer Prejohnson and Mylan in November 2020.
    Pfizer holds 57% of the shares

    .


    In the current environment, the news of Huizhi's gains came to the industry to feel a little surprised.
    Whether Huizhi will continue Pfizer's usual big hand is also highly anticipated

    .


    It is reported that in 2020, Pfizer will raise salaries at the beginning and end of the year respectively, at 8% at the beginning of the year and nearly 20% at the end of the year.
    Medical representatives have increased by an average of 2K and regional managers have increased by 4K

    .


    Pfizer’s generous efforts may be related to its beautiful performance.
    Recently, Pfizer announced its fourth quarter and full-year results for 2020 [not including Pultron’s business that has been divested]

    .


    The announcement showed that Pfizer’s fourth-quarter revenue was 11.
    684 billion US dollars, compared with 10.
    449 billion US dollars in the same period last year

    .
    Net profit for the quarter was US$594 million, and a net loss of US$337 million in the same period last year

    .
    Revenue in 2020 was 41.
    908 billion U.
    S.
    dollars, and in 2019 it was 41.
    172 billion U.
    S.
    dollars

    .
    The annual net profit was 9.
    616 billion US dollars for the whole year

    .


    Today, Huizhi's salary increase has no actual results, but the rumors of salary increase further confirm its importance to the Chinese market

    .


    We must know that in December 2020, in order to streamline operations and increase profits, Huizhi, which was just one month old, began to drastically reduce costs

    .
    It announced that in the next few years, it plans to close or divest up to 15 factories in phases, and lay off up to 9,000 employees, accounting for 20% of its total global employees of 45,000

    .
    At that time, the news pointed out that Huizhi's related restructuring and layoff plans did not involve the Chinese market for the time being

    .


    However, in addition to the good news of the salary increase, there is also news that Huizhi reduced the county travel subsidy from 2,600 to 1,150 in February this year

    .
    From this point of view, Huizhi's salary increase may have a balance action combined with other salary structure adjustments

    .


    How much did Huizhi actually rise in the end?
    Isn't it such a good welfare? To be announced after the actual wages are paid

    .


    But in any case, the rumors of salary increases are at least encouraging

    .
    It is reported that in addition to Huizhi, there are also pharmaceutical companies that motivate employees by upgrading benefits, increasing the annual amount of the flexible welfare platform by 25%, meeting the needs of employees in flexible office, health protection, and children's education

    .


    In addition to salary increases, it is reported that pharmaceutical companies have announced salary cuts this year, and the basic salary of medical representatives of some pharmaceutical companies has dropped to only more than 1,000 after deducting five insurances and one housing fund, which can be described as a crit in the first year

    .


    Reference source: Brother Luo Shi, "Representatives of Division V are going to raise their salaries!

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