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Determining European KOL Compensation: Fair-Market Value Benchmarks
Cutting Edge Information, Feb 2011, Pages: 181
TRACK KOL COMPENSATION ACROSS EUROPE!
The newest study on fair-market value (FMV) provides in-depth details on KOL compensation in Europe. Determining European KOL Compensation: Fair-Market Value Benchmarks is a one-of-a-kind study backed by more than two dozen pharmaceutical, biotechnology, medical device, and CRO companies' and third-party provider benchmark data. The study is dedicated to helping companies understand the unique differences in key opinion leader (KOL) compensation that exist in Europe.
Many companies are implementing global policies that affect their relationships with physicians around the world. The compliance trends that impacted the United States are now bleeding over into Europe. The drug and device industries are facing increased scrutiny in Europe and around the world regarding companies' payments to thought leading physicians. Global policies increasingly require FMV payments to remain compliant across the globe. To remain compliant, drug and device companies need benchmark data to ensure that their KOL compensation is in line with industry standards. Stay ahead of the competition with the only FMV benchmarking report focused on Europe.
Determining European KOL Compensation: Fair-Market Value Benchmarks is the only syndicated research available that provides fair-market value data for European KOLs. Use this report to:
- Determine fair-market value compensation and set fee schedules for European key opinion leaders (KOLs)
- Avoid overpaying or underpaying your thought leaders for specific activities.
- Use benchmarking data to find appropriate spending levels for companies of your size.
- Purchase this high-quality study to inform your FMV decision making.
Chapter 1: European Fair-Market Value: Generalized Data and Europe-US Comparison
- Compare similarities and differences between European and US FMV payments.
- Understand which activities cost more or less in Europe than in the US.
- Learn which KOLs categories command higher compensation in Europe than in the US.
26 data charts detailing basic FMV payment comparisons between Europe and the US:
- Average duration of activities
Europe and US FMV benchmarks for:
- Small companies
- Mid-Size companies
- Large companies
Europe and US FMV benchmarks for payments made by:
- Flat fees
- Hourly rates
- Honoraria + hourly rate
Europe and US FMV benchmarks for activities, such as:
- Clinical and commercial consulting
- Speaking engagements
- Advisory boards
- Authorships
Europe and US FMV benchmarks for the following thought leader categories:
- Expert-in-Field
- Specialist
- Primary Care Physician
- Allied Health Provider
- General Practitioner
- Internist
- Nurse Practitioner
- Pediatrician
- Physician Assistant
- OB/GYN
- Professional Healthcare Educator
- Dietician
Chapter 2: European Fair-Market Value: Payments by Company Size and Type
- An in-depth examination of payments arranged by company size and by thought leader type.
- Profiles by company size: Small companies, Large companies and Other - or third-party provider - companies.
- In-depth analysis of FMV payments in Europe by company size.
- Analysis on the different payment methods (hourly rate, flat fee and honoraria)
- Analysis of company policies over travel compensation in Europe.
54 charts focused on the following:
Small, Large and 'Other' (Third-party providers) company FMV benchmarks for:
- Flat fees
- Hourly rates
- Honoraria + hourly rate
Small, Large and 'Other' (Third-party providers) company FMV benchmarks for activities, such as:
- Clinical and commercial consulting
- Speaking engagements
- Advisory boards
- Authorships
Small company FMV benchmarks for the following thought leader categories:
- Expert-in-Field
- Specialist
- Surgeon
- Primary Care Physician
- General Practitioner
- Internist
- Nurse Practitioner
- Pediatrician
Large company FMV benchmarks for the following thought leader categories:
- Expert-in-Field
- Specialist
- Subspecialist
- Primary Care Physician
- Allied Health Professional
- General Practitioner
- Internist
- Nurse Practitioner
- OB/GYN
- Pediatrician
- Physician Assistant
'Other' (Third-party providers) company FMV benchmarks for the following thought leader categories:
- Expert-in-Field
- Specialist
- Subspecialist
- Surgeon
- Primary Care Physician
- Allied Health Professional
- General Practitioner
- Internist
- Nurse
- Nurse Practitioner
- OB/GYN
- Pediatrician
- Professional Healthcare Educator
- Dietician
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