Hey Savages,
SaaS Shop, been here about 9 months. First 6 months they had a base pay, meeting goal and kicker for meetings over goal. Started as two in sales and the other person left a month ago.
Im now the only one setting meetings and now also working our professional service engagement (prior to SaaS) to close. They have told me the goal will be double to take on the work of the person that left and then the kicker work start, weak I know. Also, since my role has changed and I'm now working deals to close, I cant prospect full time. The only details I have of the new plan are expect double results to get paid the same and also know we have to justify your salary for a future Series A raise. Below are the general detail, any advise is welcome, thanks in advance.
- Current Plan
- Base $75k
- Old goal 5 meetings a month, payout over 5 increases
- Benefits are through my wife
- Paid out on both the service engagements and eventual SaaS deals I couldn't influence - longish sales cycle of 6-12 months for service and SaaS
- New Plan
- Same Base
- ten meetings a month (their justification was we are spending more on marketing and you are the only rep working leads)
- Over 10 payout increases per meeting
- Work 5 Service deals to close a month
- Payout on Service and SaaS TBD
I found these salary guides online
https://experience.bettsrecruiting.com/e/2021-comp-guide-602420f980272
https://blog.hubspot.com/sales/sales-compensation
Possible Ideas
- ask for more per meeting or keep the goal at 5 meetings
- ask for more per Service deal
- ask for more stock
- ask for more base pay
- pay me work on the SaaS deals I can not influce but ultimately matter
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