Huge increase in OTEs for tech sales??

Hey Fam! its been about 3 years since I’ve looked at the job market in my city. I’m seeing crazy high OTEs that have a 60/40 salary to commish. And the salaries are 2X what mine is. Have companies really increased that much in comp, or am I just really underpaid?

💰 Compensation
9
poweredbycaffeine
WR Lieutenant
5
☕️
The market is ON FIRE right now for sales talent. It's nearly impossible to get an SDR under $60k base right now, remote, and that is driving me insane.
Nairobi
Politicker
2
AE
Waaait 60k, then I’m getting ripped off... 
poweredbycaffeine
WR Lieutenant
4
☕️
I remember interviewing a BDR from Oracle for a BDR role at my Series A startup. They told me they were paid $70K base, $110k OTE. I asked if he could refer me since I was a VP making less than him.
Nairobi
Politicker
1
AE
Wow that makes me want to go to Oracle but yes makes sense since he is at a big corp, no? I feel like being at a startup is a different world. I need to find a startup that will pay me what the corps pay hahaha
poweredbycaffeine
WR Lieutenant
1
☕️
At this rate, we'll all have to pay S/BDRs the same pricetag. However, we'll hire fewer of them and increase automation to reduce the stress of workload across the team.
CuriousFox
WR Officer
2
🦊
Big time ripped off man 🤦‍♀️
goose
Politicker
2
Sales Executive
You are underpaid
CuriousFox
WR Officer
4
🦊
This sentence was in my feed and I was like, "Damn G let me drink my coffee first." 🤣🦊
poweredbycaffeine
WR Lieutenant
3
☕️
Who isn't....no really, someone tell me who is getting paid so I can get paid, too.
Nairobi
Politicker
3
AE
Btw update: I actually left my previous job because of this comment lol (so thanks @poweredbycaffeine ). Got that 60k base, OTE is 90k, and I’m remote at a startup🔥
poweredbycaffeine
WR Lieutenant
3
☕️
MY BABIES ARE GROWING! I'm proud of you @Nairobi 
CuriousFox
WR Officer
4
🦊
HELL YEAH THIS FIRES ME UP!!!!!!!
Nairobi
Politicker
2
AE
Thanks y'all! All because of you 🙌🏼❤️
AlecBaldwinsHairline
Valued Contributor
1
Head of Sales Development
Yes, even with the correction, everyone is moving towards tech at a rapid pace.
Rallier
Politicker
1
SDR Manager and Consultant
Now is the time to apply! Market is hot
Smithy
Politicker
0
Director of Sales
Pay overall he rocketed in the last few years and even more so in the US compared to the UK
CaneWolf
Politicker
0
Call me what you want, just sign the damn contract
I was getting word a few weeks back that Salesforce and a few others have raised compensation to such a degree that it's forcing others to do the same.
whathaveyousoldtomorrow
Opinionated
0
sales
I hate to say it, but it depends. With 10ish years of experience in tech, if the OTE is below 250k, they aren't in the same ballpark. 
TheRealPezDog
Notable Contributor
0
Account Manager
I love seeing this current market, I am being WAY underpaid for base and I sleep very well knowing that if I get shitcanned I could probably go out and get hired for twice as much base TOMORROW by end of day. 
goose
Politicker
0
Sales Executive
It's a bubble.  If you go, make sure you land in a stable role at a stable company.
2

What are the salary ranges / commission ranges for a SaaS Sales Manny?

Question
12
10

Lots of changes to sales team (massive growth, smaller territory, increase quotas). What do I do?

Question
9
7

What startups / recent IPO’s / dinosaurs are offering the best OTE + stock packages right now for both commercial and enterprise sales reps?

Question
11