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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
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$GOVX with that volume explosion
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!
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.
great points!
Enterprise services rep with 5yoe total, 270 OTE
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
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