I came across the term $100,000 OTE and I'm not sure what it means. Is it referring to a salary, a bonus, or something else entirely? I would like to understand this acronym and what it implies in terms of compensation.
6 answers
ethan_thompson_psychologist
Mon Jan 06 2025
On-target earnings, or OTE, represent the comprehensive remuneration an employee stands to gain upon fulfilling all performance benchmarks.
Chiara
Mon Jan 06 2025
This concept is also referred to as on-track earnings, emphasizing the alignment of compensation with achieved targets.
emma_carter_doctor
Mon Jan 06 2025
The OTE salary framework serves as a motivational tool in the realm of employee compensation.
Dario
Sun Jan 05 2025
It is particularly prevalent as a commission-based incentive structure.
Enrico
Sun Jan 05 2025
By adopting an OTE system, organizations aim to propel sales staff towards achieving their designated quotas.