SOURCE: Cutting Edge Information

Cutting Edge Information

October 04, 2010 12:31 ET

Successful Medical Science Liaison Compensation Strategies Are Focus of Thursday's Webinar

Cutting Edge Information Presents Key Findings and Benchmarks for Competitive Recruitment and Retention of Highly Effective MSLs

RESEARCH TRIANGLE PARK, NC--(Marketwire - October 4, 2010) -  Medical Affairs, Scientific Information, Market Access and Regulatory leaders will come together this Thursday to share the latest research to optimize compensation and professional development for medical science liaison (MSL) and other field-based science specialists. Cutting Edge Information hosts "MSL Compensation Trends: Are You Ahead of the Curve?" on Thursday, October 7 at 2:00 p.m. EST.

The summit is designed to provide managers and executives with innovative ways to ensure their companies offer compensation packages that draw and retain top MSL and other field-based science talent. Register for the MSL Compensation webinar today and reserve a seat at https://connect.cuttingedgeinfo.com/cartprocess/?id=WE128.

"Although being able to offer a more influential internal role may be enough to pull in some MSL hires, companies must also provide attractive compensation and training practices to find the most desirable candidates," said Jason Richardson, president of Cutting Edge Information and main presenter at the webinar. "Thursday's session will help executives and anyone involved in MSL Program and Team planning establish a more competitive and strategic compensation plan. I am excited to share our industry benchmarks during our webinar discussion."

"MSL Compensation Trends" will cover key issues highlighted by industry partners, including:

* Determining base salary ranges for management to field position levels
* Creating bonus structures competitive with offerings across Life Science sectors
* Comparing each company's MSL compensation plan to industry benchmarks
* Ensuring company benefits are competitive with industry peers
* Developing and continuously improving educational and experience profiles

At the conclusion of the webinar, participants will ask follow-up questions. Richardson will guide the Q&A session along with Yanis Saradjian, director of the MSL Program Assessment Service.

Cutting Edge Information recently published a companion white paper, "How to Compensate a Winning MSL Team," (opens in PDF) to provide a snapshot of key practices that the Research Team observed during recent projects. For related research, see Cutting Edge Information's new benchmarking reports, MSL Team Best Practices and The New MSL Profile.

Cutting Edge Information (http://www.cuttingedgeinfo.com/) serves the Life Science industry. For more information about medical affairs management, please contact Elio Evangelista at 919-433-0214. For media information, please contact Stephanie Swanson at 919-433-0212.

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