Base pay๐Ÿ’ต vs Commission๐Ÿ’ฐ

Whatโ€™s your base and commission (if you hit quota each cycle)


And additional poll below

Do you prefer a higher base or commission

Attached poll
*Voting in this poll no longer yields commission.
โ˜๏ธ Software Tech
๐Ÿ’ฐ Compensation
๐Ÿก WFH
13
HarryCaray
Notable Contributor
6
HMFIC
If my sales cycles werenโ€™t so long Iโ€™d say commission. But because they are, give me the higher guaranteed base.ย 
softwarebro
Politicker
3
Sales Director
Exactly. This is why typical enterprise roles have a ~2x salary over mid-market.ย 
HarryCaray
Notable Contributor
2
HMFIC
I'd like to see some reliable data on this.ย  I feel like a lot of the stuff Glassdoor etc. put out is just garbage.
TheSalesBromigo
Opinionated
2
Sr. Mid Market Account Executive
Exactly. Also depends on deal volume... if you're closing 2-3 deals to hit quota that means you're only seeing comission a couple times a year.ย 
HarryCaray
Notable Contributor
0
HMFIC
I might only close 2-3 new logos per year, but there's a lot more in between that in the form of add ons and/or contract renewals.ย  But fair point, when you get paid it can be big, but it might not happen often.
Theloanemperor
Opinionated
0
Loan Officer
i think it's entirely industry based. i'm a loan officer and my sales cycle once a client actually enters into the processing stage, it's 21-30 days by federal regulation time frames - we get no base salary or hourly, i get 1% of every dollar i loan.
Ras_Rebuttles
Contributor
1
Sales Consultant
Ahhh thatโ€™s true i wonder what the correlation is between sales cycle and base pay
HarryCaray
Notable Contributor
0
HMFIC
I'd definitely be interested to see that data
funcoupons
WR Officer
0
๐Ÿ‘‘
Agreed. I have a low base and loooong sales cycle...can get annoying at times.
HarryCaray
Notable Contributor
2
HMFIC
low base AND long sales cycle??ย  That is rough
funcoupons
WR Officer
1
๐Ÿ‘‘
Yeah. The earning potential is there, big deals with a good commission structure (and uncapped,) but lean months where you're waiting for shit to close/pay their first invoice suck.
Theloanemperor
Opinionated
0
Loan Officer
no base and long sales cycle..... big commissions doe
KnightKingORL
Valued Contributor
0
Account Executive
My Sales Cycle is 120-180 days... kms
Theloanemperor
Opinionated
0
Loan Officer
whats your sales cycle? I'm a loan officer and it takes 30 days for deals to close and before they even get into the process, i'm working with buyers for months or even a year before they find a house. For the sake of comparison though, my sales cycle by law is between 21-30 days. What's yours?
Jshudz33
Acclaimed Answer
2
National Account Director
Arenโ€™t we all here for the commission?
Ras_Rebuttles
Contributor
0
Sales Consultant
Lmao alll here for it, but even at like $8/hour? Would you be there for that kind of base?
RampagingDog
Politicker
1
Recruitment Consultant
If in a transactional environment, absolutely! When I worked in social media solutions my base was about $8/hr and I came very close to 6figures in my first year and certainly would have cleared that in 2020 had we not all been laid off.ย ย 

Depends on the opportunity really.ย  In transactional, every dial can turn into a deal.ย ย 
Salespreuner
Big Shot
1
Regional Sales Director
Every dial to deal, bliss๐Ÿ”ฅ
Theloanemperor
Opinionated
1
Loan Officer
i get no base - commish only
Theloanemperor
Opinionated
0
Loan Officer
agreeeeeeeeeeee
JDialz
Politicker
1
Chief Operating Officer
Straight commish
Adslanger1
Opinionated
1
Senior Account Executive
Commission separates men from the boys.
Theloanemperor
Opinionated
0
Loan Officer
yesssiiirrr!! commission only baby
Chep
WR Officer
1
Bitcoin Adoption Specialist
Sales is up and down. I like knowing a steady flow is getting deposited bi-weekly
Salespreuner
Big Shot
0
Regional Sales Director
Bi-weekly is cool and you're right. +1
privateryan
Politicker
1
Director of Sales
Uncapped commission. Pay me for my performance, totally cool with that.ย 
Theloanemperor
Opinionated
0
Loan Officer
YES SIRRRRRR
The.Machine
Politicker
1
Sales Development Lead
Definitely more base is preferred but incentives should have no cap IMO.ย 

Gives a sales person much more room to be hungry.ย 
PhlipOut
Politicker
0
Account Executive
The older I get the more I want a comfortable base to live off of. Although you get to a point were you don't "need" more.
Commission is for upleveling your life: investing, saving, splurging, big purchases (house..).

Obvs years ago when my base was shit I saw it differently ๐Ÿ˜…
Salespreuner
Big Shot
0
Regional Sales Director
Base>commissionย 
Sales cycle being lonnggg!
Theloanemperor
Opinionated
0
Loan Officer
pshhh bro you just gotta build a pipeline that enables you to have a long sales cycle, but have enough active deals so you have fairly consistent closings. i do mortgages and sometimes i work with buyers for a year or more before they find a pad and get into contract.
Salespreuner
Big Shot
1
Regional Sales Director
Yes you're right. A year, hmm that's pretty long a cycle
Theloanemperor
Opinionated
1
Loan Officer
Eventually after you โ€œplant enough seedsโ€ so to speak, itโ€™s very consistent with time. But you have to constantly be working on the front end bringing in new deals so it almost doesnโ€™t matter when one deal closes because you have a steady active pipeline that when the slower clients pop, it makes for even bigger months.
Salespreuner
Big Shot
1
Regional Sales Director
You're so right. Agree with this
Akt
0
Strategic Account Manager
It ultimately depends on your OTE, sales cycle and the cost of living. If you are making $180k base, you should be able to have most of the basics coveredย 
Theloanemperor
Opinionated
0
Loan Officer
I'm a commission only employee and if you believe in your product and the commission structure truly allows you to make uncapped money based on your closings, then commission ALL THE WAY.ย 
CuriousFox
WR Officer
0
๐ŸฆŠ
60/40
9

Can you negotiate commission increases instead of base salary?

Question
9
7

Base commision split/Percentage

Discussion
18
Salary Split: base/commision
51 people voted
2

Higher base salary or decent commission structure with accelerators?

Question
9
Which do you prefer?
64% Higher base salary
36% Decent commission plan with good accelerators
86 people voted