Cryptocurrency Q&A
What does ote mean in sales?
What does ote mean in sales?
Carolina
Sat Dec 28 2024
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6 answers
1239
I'm trying to understand the meaning of 'OTE' in the context of sales. I've encountered this term and would like to know what it stands for and how it's used in sales.
6 answers
SeoulSerenitySeekerPeace
Mon Dec 30 2024
OTE serves as a benchmark for evaluating the financial rewards a salesperson can anticipate based on their job performance.
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DigitalDragon
Mon Dec 30 2024
It combines both the guaranteed base salary and the non-guaranteed commissions earned by the salesperson.
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QuasarStorm
Mon Dec 30 2024
OTE stands for On-Target Earnings, which signifies the total compensation a salesperson can anticipate receiving annually.
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Caterina
Mon Dec 30 2024
The non-guaranteed commissions are performance-based and may vary depending on the salesperson's achievements.
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SsangyongSpirited
Mon Dec 30 2024
This figure is contingent upon the salesperson fulfilling all the prerequisites, objectives, and target metrics stipulated for their respective role.
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