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Nobody likes going in to ask the boss for a raise, but everyone likes getting one! Unfortunately, sometimes the only way to get the boss to hike your pay is to go in and

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

ask. This can be a bit stressful and awkward, but here’s 8 tips you can use to make asking easier and better your chances of getting that well deserved pay increase.

1.

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

e Prepared. You can’t just burst into your bosses office demanding a raise - you need a plan of action. List all the projects you‘ve completed since your last pay increa

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

e. Make note of how successful they have been and how they’ve increased productivity or saved the company money. If you’ve accrued any new job skills make a list of thos

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

too. Also write down any special skills or knowledge you bring to the job. Find out what the typical raise or salary is for someone in your position. Go in ready with t

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

e facts and it will be hard for your boss to argue with you!

2. Always ask for more than you really want. It’s the bosses first instinct to negotiate and he or she will

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

inevitable try to talk you down. By asking for a bit more than what you really want then you might end up getting what you really wanted in the first place! If they say y

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

es at your first price then you’ve got a bonus!

3. Anticipate to negotiate. Maybe three other people got raises this week or your coming is going through a slow down. I

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

may not be feasible to grant your wish for a raise so you need to be flexible on this and have your alternate strategy prepare ahead of time. You may want to try other w

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

ys of getting a raise too, such as additional vacation time, employee perks or more time off. All of these can be just as good (if not better!) than an actual amount of mo

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

ey.

4. Select your time wisely. Avoid choosing a Monday or Friday because that’s typically when bosses are at their busiest. According to studies, people are most recep

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

ive after lunch on Tuesday or Wednesday. At any rate, try to select a time when your boss will have a few spare minutes and won’t be distracted with other things. If yo

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

’re afraid of being interrupted during your request, ask to speak to your supervisor for a few minutes after hours.

5. Don’t get upset of yell if your boss objects to you

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

raise at first. After all, you are being paid to do a certain job, and now you’re asking for more money to do the same job. Be professional and polite at all times, and l

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

isten more than demand. Chances are, if your supervisor doesn’t award you a raise, they might hint at what else could be done to earn it. If they don’t, don’t be afraid to

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

ask what steps would be necessary to “prove yourself”.

6. Don’t threaten to quite if you don’t get what you want. He may just call your bluff and let you go!

7. Be conf

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

dent and get straight to the point. No beating around the bush. Just come right out and state your facts and reasons you think you deserve a raise. If you have “Thank Yo

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

” notes from customers or letters from the company praising you for a job well done, bring those to your meeting as well, as they’ll help to cement your request and remind

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

your supervisor of your role within the company and its progress.

8. Don’t compare yourself to coworkers or talk about them negatively. This will only make you look bad

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

in the bosses eyes.

Now, the next time you think you deserve a raise you can gather your facts and go in there confidently and professionally and ask for what you deserve

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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If you're a top sales producer looking to find that next great job, tap into the power of your network and make sure that you practice the same things that you do in your job, as you start looking for your next job. This may sound like foolish advice, but I see quite a few salespeople who actually start their job search and neglect to use the very tools that they used to be successful in their sales career! So this is something that you need to really think about.

Most employees these days do not really care about the companies they work for, sure they look as if they do, but more often than not, it is simply about a paycheck and they know in 2.3 years they will indeed be looking for a new job or upgrade.

Are you struggling with today's challenging employment trends? Learn the most important activities you should always be doing to overcome the challenges of today's career market, and bulletproof your career for the future.

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