Tech Sales jobs are the best.. I just sent this offer out to a someone today. He does $10M+ in GP at his current company and will start making $3-$3.5M per year here. Our tops reps are pulling in > 10
Your compensation structure is as follows:
Your semi-monthly base salary is $7,291.66 or $175,000.00 if annualized.
You will receive a semi-monthly non-recoverable payment of $7,291.66 or $175,000.00 if annualized.
You will receive a semi-monthly Recoverable Draw of $6,250.00 or $150,000.00 if annualized. No earned commissions will be paid until the full draw is recovered against commissions.
•The commission plan is governed by the Account Manager Compensation Policy. Your commission rates on the Standard Plan are as follows:
30% on all commissionable Professional and Managed Services gross profit
30% on commissionable Smartnet and Maintenance Services gross profit
30% on all commissionable Product Sales (Hardware and Software) gross profit
In the calendar year, if you produce =$2M of invoiced and client paid gross profit, excluding Hardware, the commission rate on Software, Maintenance, Professional Services and Managed Services Gross Profit will retroactively step-up to 35%.
All commissions will end immediately upon your last day of employment with. You will receive commissions for invoices paid on or prior to your last day of employment.
I pay the same commision structure to new people and seasoned people, he just got a better first year guarantee to make sure he's covered during the ramp up.