Question

A pharmaceutical sales representative makes a base salary of $66,200 per year. In addition, she can earn an annual bonus of up to $22,500 if she meets her prescription targets for the two medications she sells. She recieves 70% of the bonus if she meets her target for medication A, and she receives 30% of the bonus if she meets her target for medication B. If she meets her target for medication A only, what would her total compensation (salary plus bonus) per year?

Answer 1

The base salary per year is $66,200, and she only gets the target for medication A, the 70% of the annual bonus of $22,500

(22,500 * 70)/ 100 = 15,750

So the total of her compensation (salary plus bonus) is:

$66,200 + $15,750 = $81950