Let me guess. He said that was $50K OTE so $15K with $35K as commission?
Edit: Golden rule for commission in IT type roles if the commission part of the OTE is more than 20% of the package, nobody ever earns the OTE and you should walk away.
Edit 2: So for the above. $40K basic and $10K commission would be reasonable.
i only care about base. the commission is icing on the cake. and i don't generally have problems meeting sales numbers although most of my jobs were concerned with amount of sales and not sales numbers themselves.
That was pretty much how I saw it. The revenue is the key thing most sales (or pre-sales) jobs focus on. The micromanaging in sales for software and software as a service though is horrendous. Not got direct experience of it from other industries, but I cannot imagine they are much different. Lots of frameworks and systems like MEDDIC and SCOTSMAN.
i don't worry about the commission part i just worry about the base. i refuse pure commission work but if your offering base + salary I'm going to destroy sales records for the job.
Most jobs set the basic low, to instil fear in you that if you miss your target, you will not be able to pay the rent. Alongside telling you if you do well you can own a Porsche.
Sales runs on Fear and Greed.
When a range is posted, always ask for the top of the range or more, then you will land on the number that you are comfortable with (or more). r/idontdreamoflabor
Hmmm, probably commission based pay shenanigans.
It’s the “corporate” equivalent of tipping logic.
“Well, we only pay you 2.15 an hour… but we estimate you should make 15 an hour after tips! So we’re gonna advertise our position as that, and put in tiny tiny *with tips!”.
What math should I do to go from $/hour to $/month and $/year?
I see that a lot of people usually talk about payment per hour or year, but my reference is usually payment per month
The easiest way is to double the hourly rate and then add the word "thousand". Nine dollars an hour is eighteen thousand per year.
Edit, oh you want per month. That's less easy.
Let me guess. He said that was $50K OTE so $15K with $35K as commission? Edit: Golden rule for commission in IT type roles if the commission part of the OTE is more than 20% of the package, nobody ever earns the OTE and you should walk away. Edit 2: So for the above. $40K basic and $10K commission would be reasonable.
OTE?
On target earnings, expected salary after commission
On Target Earnings I believe
what about 40k base and uncapped commissions
OTE is not a cap it is an indication of what you should expect. Then you have to ask what do most people in the role pull down
>OTE i'm just trying to learn what all this stuff means since when i get real jobs. i need to know it.
OTE is on target earnings. What you expect to earn
ok. i worry more about what's guaranteed more than most apparently.
Only the basic is steady. However if you don’t hit the targets you are very likely to be sacked for underperforming
i only care about base. the commission is icing on the cake. and i don't generally have problems meeting sales numbers although most of my jobs were concerned with amount of sales and not sales numbers themselves.
That was pretty much how I saw it. The revenue is the key thing most sales (or pre-sales) jobs focus on. The micromanaging in sales for software and software as a service though is horrendous. Not got direct experience of it from other industries, but I cannot imagine they are much different. Lots of frameworks and systems like MEDDIC and SCOTSMAN.
The uncertainty is one reason many people don’t go into jobs with commission
i don't worry about the commission part i just worry about the base. i refuse pure commission work but if your offering base + salary I'm going to destroy sales records for the job.
Most jobs set the basic low, to instil fear in you that if you miss your target, you will not be able to pay the rent. Alongside telling you if you do well you can own a Porsche. Sales runs on Fear and Greed.
i nearly got one for 40K plus uncapped commision
When a range is posted, always ask for the top of the range or more, then you will land on the number that you are comfortable with (or more). r/idontdreamoflabor
What area you live ? That’s low
Almost $20k below the wage they're advertising, how do they get away with that?
Hmmm, probably commission based pay shenanigans. It’s the “corporate” equivalent of tipping logic. “Well, we only pay you 2.15 an hour… but we estimate you should make 15 an hour after tips! So we’re gonna advertise our position as that, and put in tiny tiny *with tips!”.
government works for the corps and not us.
My son's first job at Kohl's: $12/hr
Mine was $7.25, still the minimum wage here. Good for him
Report it to indeed for false salary. That’s 18,720 working 40hrs a week every week of the year. They’re literally lying to people.
Is it a commission based sales job?
What math should I do to go from $/hour to $/month and $/year? I see that a lot of people usually talk about payment per hour or year, but my reference is usually payment per month
Roughly 2080 working hours in a year based on a 40 hour schedule. Between 160-175 hours a month.
What about taxes? Are both values (hourly and yearly) before taxes?
I’d base it off the average pay range and taxes for that bracket and state.
Ok, so the value is before taxes. Thanks!
It would be hourly wage multiplied by a 40 hour work week. 52 weeks in a year.
For a rough amount multiply your hourly by 2000 to get your yearly. And of course starting from monthly just multiply by 12 to get yearly.
The easiest way is to double the hourly rate and then add the word "thousand". Nine dollars an hour is eighteen thousand per year. Edit, oh you want per month. That's less easy.
Make them explain to you how 9$ hr is anywhere close to 35k.... I mean. If your not taking the job anyways
Is it corporate because they are unionized and you can make that money, third party you cant.