Would love some advice here. Anyone ever work with independent enterprise reps out there? Whats a fair comp on services for strategic sales for an independent? Is it possible to leverage Indys for complex sales. Thanks for the thoughts!

like
Posting as :
works at
You are currently posting as works at

My OTE when I first got started was $112,500. As a Senior it went up to $152,500. The most recent offer I have received was $250k. I hope this helps!

like

I would say the cons probably outweigh the pros in this scenario. Unless you’re pipeline is constantly full of new enterprise leads I’d prefer an experienced employee managing that sale vs an independent that may only be partially dedicated to the company/role. I usually see Indy’s working on more transactional/shorter sale cycle roles but the risk here is the potential loss/mismanagement of an opportunity vs a trained and experienced employee.

like

great points!

Enterprise services rep with 5yoe total, 270 OTE

like

Awesome. Thank you for sharing this!

Only if they understand the product / solution. Particularly for complex sales you will run into so many challenges and things unforeseen through the sales cycle that it will be hard to be really effective within a short period of time imho

like

The average is 30% of the GM, but up to 40% if the independent sales agent is bringing their own support team, and covering all their expenses. On renewals the % drops, from 30% to 20%.

very helpful larry.this is great info and on point. thanks. we are in line on that.

I've worked with independent reps a fair bit in countries where we don't have an established entity (I've worked on these in Singapore, Hong Kong, The Philippines, and India) and in the US where we're headquartered. Generally, all of those contracts are negotiated separately but the ones I've been involved with, those independents have base contracts a little higher than my regular sales staff because they usually aren't getting stock options and some other benefits. And we look for independents with connection in market that they can call upon to quickly bring in revenue. So far I haven't seen any issues with independent reps managing long or complex enterprise deals (touch wood.) We still manage the onboarding and training for those reps. Most of the other team members didn't know we had hired independent sales reps, or at least they didn't know most of the details. They are just part of the team.

excellent. thanks. where did you source them? this is really helpful

Related Posts

McKinsey & Company What does the comp increase look like between BA1 and BA2 at McK for a distinctive performer?McKinsey & Company

like

BAL and Fragomen associates, has their been any effort to push associate salaries up? If not, what is their excuse?

It seem like the two biggest immigration firms are severely lagging behind in compensation while other larger firms with immigration practices are pushing up comp.

like

How much referal bonus is provided in tcs?

like

Does Amdocs( Pune) give good salary package?
I'm expecting 16-18LPA. I've an offer with 12LPA and I'm currently working as an ETL tester/ Data warehouse tester.

It looks like I’m going to go 0/3 on my MBB apps :( Where are the next best consulting firms to go to assuming that my primary goals in no particular order are MBA placement, compensation, project/industry variety, and ability to be promoted quickly?

like

Hi all,
I am having +3 YOE with a salary of 4.52 LPA. How to find a decent job with a hike in my last drawn ? I'm currently WFH and due to family issues I wish to continue WFH or I will have no other option other than quitting, which ofcourse I don't want to do.

If I switch my organization will this affect my current job in any cost. I am ok if they offer WFH.

like

Which Job Offer Would You Pick? I’m fortunate enough to have recently received 2 job offers. Which would you pick based on the following information?:

Job Offer 1 - Salary: 10,000 more per year than Job Offer 2, less PTO than Job Offer 2, better work place culture

Job Offer 2 - Salary: 10,000 less per year than Job Offer 1, more PTO than Job Offer 1, better benefits than Job Offer 1

Job duties are comparable. Feel free to ask questions to help you decide! Thanks for weighing in!

like

After a long and extensive interview process (2 months & 12 rounds of interviews) I finally heard back that they are very interested in offering me the job. My Current base is $135k (in NJ) and my ask is $180K (in NYC). But base comp ceiling for the position grade is $165k and they are willing to offer one time payment to make up for the gap between the offer & the ask. Any thoughts? The role has very upward potential in next couple of years.

What are other comp elements I can negotiate? Thx!

like

I’ve been seeing that VP-level comp is very hard to reach. Where do most end up after a few years if not in PE?

like

What is the salary package for Finance professionals with 7 years of experience in Bangalore and in Mumbai?

like
like

Does anyone know the salary range for executive director roles in the payments business?

like

Help me evaluate an industry offer for a B4 manager up for SM (got confirmation that I am thru the process). Current base is $171k .
$180k base, $35k sign-on bonus, full relocation, 35% bonus - 20% cash and 15% equity - 15% equity bonus is assured forever with 3 year vesting. Cash bonus fixed as long as rated average. Overall happy with offer but want to evaluate it against possible growth if I stay at B4.

like

Based on the comments of many I know I’m not alone in just being weary right now and the past year. Big law litigation is just a billable hamster wheel I want to get off. I’m also done with firm politics, billable hours, and mystery comp models. But I’m a sucker for security and the “devil you know” has kept me here for years. Are lower stress law jobs a real thing in house and how do you get away from litigation if you haven’t been working hardcore on contracts?

like

My company is under merger with ACN. Will I get a boost in my salary after pairing my level with ACN? Current role is senior engineer with 7+ years. Which level will I fit into ? And my current salary is much lower (20k) than ACN standard. Thanks.

like

What is the salary range for 3+ yrs of exp in the market?

Anyone know base and bonus ranges for Chicago-based Compliance Analysts at mid-sized asset managers?

Hi Fishes,
I am in final stage to get offer from
Microsoft India ( CSCP) as Data and Applied Scientist. HR asked me my expectations, I just wanted to know how much salary I can expect.

Here are my tech stack and experience

Education : M.S. Statistics
Experience : 8 years in Statistics , Data Science
Current CTC : 46 Lacs ( 42 fixed + 4 bonus + No stocks

I am not aware of Microsoft payband, need your help in salary negotiation. Microsoft

like

Hi everyone,

Is £48k a decent salary in London? That's roughly 3k net/month.
I'm a 27M, single.
I'm thinking of renting a room for 750/800 a month, that leaves me with ~£2100, if I get the Oyster card that's another 150, and for groceries/going out I guess I won't need more than 600/month.
That allows me to save ~£1400/month.
Am I being too optimistic/unrealistic?

Thanks!

like

Saw this on portal
had asked for 30% hike on current fixed.
5YOE, niche profile

We regret to inform you that currently we do not have an open position that matches your expected compensation.
We have kept your profile on hold for the time being and hope to reconsider your profile for a suitable opening.

Do you think they will contact me again?

like

More Posts

like

Hi fishes,
I am currently working as Branch Manager (scale-2 officer) in one of the leading public sector banks and have 5 yr experience in core banking. I am having 2.5 years experience in the IT sector on vision plus as a software engineer (before joining the bank). I have knowledge of core banking as well as good knowledge of banking tools like finacle, caps, imac etc. I want to switch to private financial institutions.
Any suggestions about such institutions and the domain for I can apply

Project Managers/Consultants - Which type of analyses do you use most often + if so, how often? (i.e. RACI, Stakeholder Analysis, OKRs, Cost-Benefit, etc.)

- New Project Manager looking to make the shift

likesmart

How does one share a Delta drink voucher? Can you just take a screenshot?

Hey everyone, looking to help a lot of people with their health coverage before open enrollment ends. If you or someone you know needs help with this, I’d be happy to help explain everything and filter through all of the options that won’t work for them 😊👍

like

My previous jobs with open floor plans were so much quieter than my current job with cubicles. People are much more respectful when everyone can see you and you can see them glaring at you.

like

Any gay ZSers looking for a relationship

like

Hi Folks, We have created this Bowl specific for married people and Parents who want to discuss about married life and Parenting discussions , If you find someone is bachelor and doing nonsense in DM.. Please post here about him/her... About me I am 12+ years of Happily married in AM setup and proud father of two....

likefunny

For people that started recently, what is your utilization looking like? I joined in September and have 24% utilization. I have been staffed on 4 deals that all died within a week and it’s been pretty frustrating

like

Am struggling getting my Oracle Cert. (HCM) Anyone who’s passed have any advice, feedback, tips, etc? TIA

Anyone interested on joining Accenture? Dm me I can refer you.

like

Cashed out a little over $1200 of TRX. What should I put it into tonight? Just looking for ideas and I’ll do DD. There’s so much below me I know, but looking for small mkt caps specifically

Hey all, what’s your opinion on providing 2 Week notice? Do you think it’s still standard or depends on the situation.

I recently received my start date for a new job, and am happy to be leaving my current situation- it is a very hostile environment. I’m debating whether to give a week or two week notice.

like

$GOVX with that volume explosion

like

Ate about 15 cookies, 3 hamburgers and a hotdog at a production party last night. At least I gained weight in the company of a cooler crowd?

like

Anyone interested in a part-time, 10/hr per week sales job? 15/hr plus 3-8% commission

like

I need to get my car AC (not working, needs a diagnosis and then a repair) and the spoiler fixed (hit a garage and completely broken) on a 2017 Honda CR-V.

Looking for a certified ASE recommendations with good reviews in and around Cumming/Alpharetta. TIA!

like

Additional Posts in Sales

I’m starting in a medical sales role tomorrow with an existing account base. What is the most important things to do/achieve in the first 90 days to be successful?

like

I was recently let go from my job of 7 years with an organic egg company. We were purchased by private equity and I was the first to be let go by the new SVP of Sales. I worked my way up from Sales Admin to Trade Marketing Manager in a 5 year span. It’s been over a month and I don’t have any solid leads for a new role. I’m looking for a role in Category Management, Trade Management or just Sales in general. I am very competent and have valid credentials. Any help is appreciated.

like

How much should a strategic partnerships lead earn in transportation (Amsterdam)?

like

Hey everyone, looking to help a lot of people with their health coverage before open enrollment ends. If you or someone you know needs help with this, I’d be happy to help explain everything and filter through all of the options that won’t work for them 😊👍

like

Attention SDRs & AE’s
Trying to gauge average salaries, how much are you guys making? Are you on target, above target, below target? What industry are you in? Thanks

like

hi everyone, what are some questions you normally ask your interviewer?

i’ve got a couple in mind, but just want to pick your brain and see what everyone else asks!

likehelpfulfunny

Best way to answer the following question on an online resume submission:
What qualifications did we not ask you about that you wish we had in considering you for this role?

like

I’m looking for an outside sales rep in Milwaukee for a SaaS company. My top rep last year cleared $800k before stock. If you know of anyone or think you’re a good fit, let me know!

like

My private company is providing the option to tender your shares. Does this mean anything good or bad about the company’s potential to go public? Is it a good or bad or neutral sign?

like

Hey everyone, need some career help...

I’m currently a BDR at a small family business who specializes in financial services. Total sales team is 11 people just to give you an idea.

I’ve been here for 2 years now and it’s my first job out of college. Id like to move to a larger company with more growth and training as I know it will help me for the future.

I’m afraid that with my limited experience and an unknown company that will be hard to get my foot in anywhere. What should I do?

like

Sorry to waste a post like this, but can you like this message for me so I can DM people?? Thank you!!

like

Any opinions on working at BlueVolt as a SDR? I've seen a lot of negative reviews on Glassdoor. Thanks

likehelpful

I think this is something we all want to know, it’s why we’re in sales. What sales jobs make the most money?

like

Anyone from the animation industry? What sales strategies have helped you to get direct clients? What has helped you to get ad agencies as clients?

like

Microsoft SMB Sales Associate role.

Is this worth perusing when I already have an AE role in hand (recent offer)?

Also what sort of salary range can I expect with the role in the SMB segment?

like

How is it working at one of the holding companies as a seller? I’m currently working for a private solutions provider but got an opportunity to go to an agency. Wondering if the paycut is worth the agency exposure for future growth.

like

I am looking for referral for program manager roles/ payments/ partnerships. I will greatly appreciate it. I have an MBA and 10 years of experience in financial service industry.

thank you in advance!

#google
#microsoft
#coinbase
#adobe
#vmware
#justworks
#amex
#stripe
#square
#salesforce
#current
#bluevine
#crossriver
#intel
#ibm
#docusign
#zoom
#intuit
#ribbon
#betterment

like

I spoke to a recruiter about a month ago regarding a position. The comp base variable split was 70/30 which was a great guarantee compared to 50/50 split on same OTE I have now. Since initial discussions the offer has changed to 60/40 split and a 20k lower OTE). I am quite disappointed but also see it a still a very strong opp and I’m really ready to try something new. They mentioned a signing bonus. What is a reasonable signing bonus to ask for? Its 40k difference from the orig base.

like