So I had an interview today with a non tech company- they sell concierge membership (access to their services) to high net worth individuals ($100M +). I would also be the first sales hire and title is head of sales but ill be a one person sales team for now.
closes can take anywhere from 1-75 days and her quota for the year for me would be $4.5M but she said 125k base + 125k OTE = $250k
I believe the math does not add up. were gonna have a second call later this week to discuss an appropriate compensation plan.
I would love all tips/metrics/math you would use to calculate this compensation.
edit: company has $3M ARR. its based on founders past track record. What is the normal % of commission? For a quota this high what is an appropriate comp split?