COMPENSATION AND HIRING
MARKETING TEAM GROWTH
HOLDS STEADY AT 8%
Marketing teams continued to grow, holding a
pace of 8%. The average marketing department
now has a team of 140. The average training
period for a marketing team member is close to
three months. The typical marketing professional
is moving up faster with an average of being in
their position for a little over 2.8 years before
being promoted, up from 3.75 in our last report.
Marketing professional travel has increased a bit,
up to 31% travel as compared with prior 28%.
PHARMACEUTICAL MARKETING TEAMS ARE EXPERIENCING THE
FASTEST GROWTH
Pharmaceutical marketing team growth has outpaced medical devices. Pharmaceutical marketing growth
is up to 10% from 6% in our last survey, while medical device growth has dropped from 9% to 8%. Biotech
growth has increased from 3% to 4%. Healthcare vendor growth has remained at 1%.
BREAKDOWN OF MARKETING TEAM SIZES
MARKETING TEAM GROWTH