What does OTE stand for in terms of salary?
Answers:
OTE stands for "On-Target Earnings" and usually refers to a compensation package that has base salary plus commission and/or bonus components. The OTE amount refers to the wage amount you will receive if you hit 100 percent of your stated performance or sales goals.
The variable portion of the wage is usually paid out on a quarterly basis, but may be monthly or bimonthly, or whatever the employer chooses. It may be a preset amount that is paid as each portion of the goal is met, or it may be a percentage of the revenue flow that you have helped generate.
It's most typically seen in a sales or pre-sales position and is meant to reward you for performance which meets and exceeds goal
on target earnings - if you sell what you're supposed to that's what you get.
On Target Earnings - Of course, they do change the targets, so they decide how much you get paid.. - Basic for not hitting targets.
this is when there's no guarantee basic salary and what earn commission only
sorry don't know what what OTE own true earnings??
OTE : On-Target Earnings
http://www.aecprofessional.com/sticky/de.
www.ote-info.com
www.otefinmeccanica.com
en.wikipedia.org/wiki/OTE
Overtime expected.
A challenge for the unwary set by the unworthy.
Part of performance related pay called on target earnings.
That normally requires you to sell 1000 fridges to Eskimos , still if global warming keeps up things may get easier in that area.
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