Discussing Salary at Job Interviews

Paul Cherry's Top Sales Techniques

Blog Home < Discussing Salary at Job Interviews… Sales & Management Tips. Discussing Salary at Job Interviews. Salary can be a sensitive subject, no matter who brings it up first in a job interview. The interviewer’s trying to cut to the chase and see if you, the candidate, will disqualify yourself, either by asking for too much money, or for so little that they will wonder why you’re willing to settle for a smaller salary; are you damaged goods?

Get Your ‘C’ Players Jobs with Your Competitors

Sales Benchmark Index

Article Corporate Strategy Sales Strategy SBI on Demand "A-Player" c player comp design compensation compensation planning compensation strategy incentive on target earnings OTE salary benchmark

Salary 156

Equity vs. Salary: Why the First Deal You Close Needs to Be Your Own

Hubspot Sales

When negotiating compensation at a startup, it’s common for employers to offer smaller salaries in favor of a larger percentage of shares in the company. Sales compensation is a tough subject for most sales development reps and account executives.

Trade Marketing Manager: Definition, Job Description, Salary, and More

Repsly

Everyone knows about consumer marketing, but how are those companies getting those products in front of consumers in the first place? This is where trade marketing comes in. Trade marketing managers are the first line of sales, making products appealing to the distributors, brokers, and retailers in charge of selling them to consumers. Here's everything you need to know about the role of trade marketing manager: Field Marketing

Product Demonstrator: Definition, Job Description, Salary, and More

Repsly

Wondering how to become a product demonstrator? First, you must read up on the role and responsibilities of the job. Though product demonstrators have been around since the invention of the wheel, the role has continuously evolved over time. Today, successful demonstrations demand an individual who is committed to learning, mastering, and sharing a product with others. In this article, we will go over the basics of what a product demonstrator does and how to land a job in the field.

9 Tips for Building a Competitive Sales Compensation Plan

Hubspot Sales

Below, I’ve compiled nine tips for making good decisions about base salary, commission, bonuses, and more. For most sales positions, base salary is a must. Many companies only offer a salary as a draw against future commission.

2018 Sales Compensation Planning

Your Sales Management Guru

For a quick CoS ratio, simply take an individual’s salary plus commissions earned at 100 percent of quota and potential bonus opportunities, then divide by that person’s revenues to obtain the percentage. Another option involves offering higher base salaries and lower commissions.

Lost Profits and Wasted Time

Increase Sales

20,000 Salary. 30,000 Salary. 60,000 Salary. 100,000 Salary. Years ago some people in business viewed efficiency experts with apprehension.

Salary 139

Do You Truly Love Sales?

Increase Sales

Many who sell want an annual salary and fear the commission only position. Everyone is in sales. Mothers sell eating healthy to their children. Teachers sell learning to their students. Business owners sell their vision to their customers both internal and external.

Salary 225

What Determines Cost Per Lead

Pointclear

Even in the best case scenario, you only have two options for reducing the cost of a lead: Reduce the base salary for the individual creating the leads from $50,000 to $28,000. The reality is that when you factor in everything—salaries, touches needed, lead rate, contacts required—good quality leads cost what they cost. How much should a lead cost? Understanding what goes into generating a high-quality B2B lead helps you determine whether you're getting a good deal.

Leads 167

Hire Slow but Fire Fast

Sales Benchmark Index

Salary: $250,000. Severance: 6 month’s salary. Don’t hire the wrong sales leader. The pain this causes the CEO is severe. The smartest CEOs I know use a tool called The Bad Hire Cost Estimator. Go here to get a template.

Salary 200

Doctor or Salesperson – Which Would You Rather Be?

Inside Sales Training

Saw these average salaries quoted in USA Today last week: Physicians are the highest paid salaried employees in the U.S.: 187,876 a year. Pharmacy managers are second at $149,064 per year. Third are patent attorneys at $139,272. Fourth are medical science liaisons at $132,842.

Salary 174

Hiding Your Lighted Sales Prospects Under a Bushel Basket Are You?

Increase Sales

A good CRM like Pipeliner CRM works with SMB firms as it does not require a CRM administrator saving the SMB thousands of dollars in salary and benefits. Salespeople invest a lot of time lighting up sales prospects and yet it appears many are hiding those sales leads.

Sales People Are The Extreme Athletes Of The Business World

A Sales Guy

Salespeople risk 50%, 60%, 70% and sometimes 100% of their salary in their job. I have nothing but love and respect for salespeople. You guys are the extreme athletes of the business world. You don’t get paid until you sell something.

A Different Look at Sales Compensation

Understanding the Sales Force

Understanding the Sales Force by Dave Kurlan The pros and cons of both commission-based sales positions and salaried positions have been well-documented, so we won't be discussing that in this article. With a salaried position, salespeople are essentially on a fixed income - perhaps a more attractive fixed income than a retiree, but fixed none the less. This is the world of the salaried salesperson.

Eating Workplace Culture One Bite at a Time- Part 06

Increase Sales

In the 21st century, human resource management has evolved past just the collection of employment data, monitoring salaries and benefits to truly developing human capital. Annual Salary*. Based on average salary of $25,000.

Salary 148

How to Apply For and Get a Better Paying Job (Part One)

Inside Sales Training

Furthermore, these six figure earners are much better at applying for and landing better paying jobs and are far more inclined to negotiate better salaries and over all commission plans than their peers (says a study by PayScale.com).

Salary 148

Which of Your CIO Prospects Makes the Most Money?

DiscoverOrg Sales

Unfortunately, while CEOs’ and CFOs’ salaries are almost always disclosed by Fortune 500 companies, a majority do not share this information for their CIOs. As cybersecurity concerns intensify across the globe, CIOs have become increasingly visible and valuable.

The Scientific Approach To Setting Sales Goals For Your Sales Development Team

Sales Hacker

If your AEs are willing to spend half their time sourcing deals and can self-source 40% of their pipeline, maybe a 1:1 SDR to AE ratio is fine, but then remember that when you consider the salary of that AE, you should assign a significant portion to Sales Development and not Sales.

Confidence Overcomes Most Shortcomings Except For…

John Barrows

Well then, congratulations, you’re the VP of Sales (without the salary).” … An Ego. If you have an ego you’re not going to get very far in sales or in life in my opinion. However, if you have confidence you can achieve almost anything.

ACT 80

Is the Commission – Quota Sales Model Dead?

Adaptive Business Services

I’m not so sure that salary only programs even work. These same salespeople are quota and commission driven even if they do have a base salary. I get that salespeople these days want, and expect, a base salary in addition to incentives. Salary only? Commission reps will always make more than salaried or salary plus because they are sharing the risk. It had a generous salary as well as generous incentives.

Sales Tips: Losing Slowly – 6 Signs That All Is NOT Well

Customer Centric Selling

In stark contrast a salesperson that came in second on every opportunity would have to live on their base salary and make frequent job changes. By John Holland, Chief Content Officer, CustomerCentric Selling®.

SaaS Sales: The Ultimate Guide

Hubspot Sales

SaaS Sales Salary. 3) SaaS Sales Salary. What is the Average SaaS Sales Rep's Salary? The average base salary for a SaaS salesperson is $51,040. Workplace hub Glassdoor calculated the average base salary for a SaaS specialist to be between $34,613 and $53,000.

2 Ways to Dominate 2014 on Your Current Budget

Sales Benchmark Index

It will also help you save the money from their salary. You can then allocate that salary money to other projects. You successfully save 5 months of underperforming sales rep salary. You can allocate those 5 months of salary into your new project.

Salary 157

How Tesla Is Threatening An American Sales Tradition

Sales Benchmark Index

It offers the following advantages: To acquire a Sales Force without incurring a massive salary expense. Sales reps could be paid on salary instead of commissions. Most Americans don’t like negotiating over a price.

The US vs THEM SMB Sales Mindset

Increase Sales

Since in many instances, the salespeople are the greater salary earners, there is a resentment by some of the non-sales employees. Even the inside salespeople would sometimes engage in this gossip because they had salary resentment.

Salary 139

Sales Compensation: The Ultimate Guide

Hubspot Sales

Salary only. Salary only. With a salary-only structure, you decide ahead of time how much you’ll pay your salespeople. If they sell nothing in a month, their salary is zero. Base salary plus commission. Reps receive a fixed yearly base salary, as well as commission.

The Strategic Account Manager – How do you Compensate This Critical Role?

OpenSymmetry

Total Target Cash Compensation includes both the base salary and sales compensation components and excludes benefits, contests/SPIFs, and other recognition occurrences. We also took a look at pay mix, which splits TTCC into two components: base salary and target incentive amount.

Are Your Sales Reps Cold Calling? They Should NOT!

Quota Factory

It is difficult and costly to bring in a bunch of internal SDR’s of whom you have to pay a salary, incentives, and benefits to. You may have sales reps or account executives that are responsible for closing business.

Get Sales Compensation Right to Recruit Winning Salespeople

Understanding the Sales Force

True or False: Base salary is usually more important than % of commission. That''s why I always ask candidates to provide me with an earnings history broken down by salary and commission (and bonus if applicable).

Executive Coaching Helps New Leaders Succeed

Steven Rosen

If they have recruited them from the outside, the recruiting company will be paid 20%+ of their salary. Executive coaching helps make the difference between the success or failure of a new leader. Have you recently promoted or hire a new Director or VP?

The 5 Most Highly Paid Sales Jobs of 2017

Hubspot Sales

Sales engineers - $100,000 average salary. Computer systems design and related services was not far behind, with a median salary of $111,090. Are the salaries above still not cutting it? Frustrated by all the work you're doing for a paycheck that barely covers the bills?

Can You Compete And Win In The 21st Century? [Quiz]

A Sales Guy

This means fewer job opportunities, lower salaries, fewer promotions, more failed businesses, and more for those not ready. 80% of people aren’t ready for the 21st Century.

Intrapreneurship vs. Entrepreneurship [FAQ]

Hubspot Sales

A successful intrapreneur is hugely valuable to their employer, which means they receive high salaries, tons of benefits and perks, and leverage. Intrapreneurship definition. An intrapreneur works at a large company but acts like the leader of a startup.

8 Components of Effective Sales Strategy

Pipeliner

Salary heavy versus incentive heavy compensation plans. Five methods should be considered when a business decides how it will financially compensate the members of the sales team for their role in generating sales: Salary only. Salary plus commission. Salary plus bonus. What would your company look like if your salespeople were totally in sync and performing well as a team? You’d be experiencing what I call “smooth selling.”

Sales Leadership Temperament of Sensitive Part 34

Increase Sales

After issuing and reviewing the results from top sales performers (over $100,000 salary) who have taken the Innermetrix Attribute Index this internal sales leadership leadership temperament of sensitive is not one that has surfaced.

If Only Sales Management Would Do the Math – Part 2

Increase Sales

Their salaries, their benefits and all other associated employment expenditures would be all profit. With a US median salary of $59,820 per the US Bureau of Labor Statistics , profits just went up $119,640 without adding in benefits, etc.

Which Type of Sales Job Is Right for You?

Hubspot Sales

Sales compensation ranges from zero-commission (retail salespeople, for example) to pure commission (your salary is completely determined by performance.) The average national salary for this role is around $48,097, according to Glassdoor.

22 Things We Learned About the Sales Industry in 2017

Hubspot Sales

The average base salary for inside sales AEs in the United States and Europe was $42,833 with an average on-target-earnings (OTE) of $96,299. And SDR Salaries Aren’t Bad Either.

The Sales Profession's Bill of Rights

Sales and Marketing

An unstable economy has forced corporate layoffs and other cost-cutting measures to reduce overhead, and financial uncertainty has been a catalyst in the demise of salaried sales jobs that are being replaced with a burgeoning pay-for-performance sales model in an effort to make sales departments more productive, efficient and cost-effective. Today’s sales world has changed.