MSL Career Progression: Titles, Comp, Levels, Promotions…YUP, all that!

In this episode, Bridget Rasmussen joins Tom Caravela to delve into the complexities of MSL career progression. Bridget shares her insights on the variability of title standards and emphasizes the value of work over titles. The discussion covers the relationship between compensation and titles, advising on evaluating opportunities beyond just titles. Bridget highlights the importance of recruiters, periodic interviews, and self-assessment in career advancement. The episode also explores strategies for promotions, experience requirements for leadership roles, and hiring trends in both big and small pharma. Networking emerges as a crucial element for overcoming barriers and fostering career growth.

Bridget Rasmusson, Director of Client Services at The Carolan Group discusses MSL Career Progression: Titles, Comp, Levels, and Promotions.

Learn about….

MSL Titles and different levels
The compensation factor
Getting promoting and how to position yourself
How to know if you are getting paid fairly
What career options exist and how to break the “experience” barrier

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(0:00) Introduction and guest Bridget Rasmussen
(1:30) Bridget's background and experience in MSL leveling
(4:43) Variability in title standards and importance of work over titles
(8:14) Correlation between MSL compensation and titles
(10:22) Evaluating MSL opportunities beyond titles
(12:12) Determining fair MSL compensation
(15:27) The role of recruiters in MSL career advancement
(16:50) The value of periodic interviews for MSLs
(18:23) Exploring career options and self-assessment for MSLs
(22:52) Strategies for MSL promotion
(27:59) Experience requirements for MSL leadership roles
(31:28) Hiring trends in big pharma vs small pharma
(34:11) Overcoming experience barriers for MSL promotions
(35:55) Networking and its importance for MSL career growth
(36:49) Closing remarks and call to action