Company Car or Car Allowance? – poll results

Which is best for your medical sales job: a company car or car allowance?

Recently, I asked my medical laboratory revenue rep readers to vote on which they’d prefer from their employer:  a company car, or a car allowance.  Here are the results: 

Company Car or Car Allowance – which do you prefer?

Company Car – it’s the best!                                           46%

I like to pick my own ride – Allowance is best!            27%

Company Car? – I just need a position!                                14%

Mileage pays the most!                                                  13%

I got to say, I agree with you.  (Most of you.)  In my view, a company car is always the best financial option for the healthcare sales rep.  Why?  Less stress.  You’re not affected if insurance premiums increase, gas prices go up, or the tires blow out…let alone top maintenance.  Or tax issues.  You just get in the car and go, concentrating on what matters most in pharmaceutical sales:  closing the deal. 

On the other hand, there are negatives:  the company vehicle may not fit your other lifestyle, you may prefer another type of ride (instead of a Ford Focus), or you might not like the fact that if you lose your job, you lose your ride, too… 

There are plenty of  issues to consider, but many ways to think about it and no right answer for everyone.

Article courtesy of  Peggy McKee - Owner / Senior Recruiter at the nationally
recognized laboratory and pharma sales recruiting team of PHC Consulting.
© Copyright 2008 PHC Consulting | All rights reserved

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Company Car or Car Allowance? – poll results