burrito

Fire Starter

Contributor

OTEs

A lotta talk about the tech recession being behind us

"VC funding is back"

"Startup valuations on the rise"

"2024 product demand is up"

"Quota attainment up"

"tech stocks are ripping" (thanks NVDA)

etc, etc

Is anyone out there seeing this in their job hunt? Has anyone noticed OTEs rebounded? Are people still seeing ridiculous targets?

💰 Compensation

20 comments

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poweredbycaffeine

WR Lieutenant

☕️

People who say it’s behind us are out of their minds.

The fact folks are hiring doesn’t matter as much as how much they are paying. OTEs are lower. Benefits are cut. Life costs more and comp doesn’t keep up.

burrito

Fire Starter

https://bravado.co/revrecap2024

poweredbycaffeine

WR Lieutenant

☕️

Yes. My comment stands.

unclespacejam

Politicker

ur dad’s brother

Just cuz it has pretty pictures doesn’t mean it’s true dog

Sunbunny31

Politicker

Sr Sales Executive 🐰

Though I did like the nice touch of the Benjamin at the end.

oldcloser

Arsonist

💀

I totally would have seen that if I had read it

poweredbycaffeine

WR Lieutenant

☕️

You also would have seen a misleading chart about growth VC funding by round over the last 4 quarters.

FinanceEngineer

Politicker

Sr Director, sales and partnerships

So you are saying that a company that sells sales professionals are citing that the market is going up and everyone will need sales professionals?

When I was in the trading floor, whenever someone got on TV to say buy a sector, we would all know that they are looking to sell their position in that sector. Just something to consider.

Pachacuti

Politicker

They call me Daddy, Sales Daddy

"Compensation: $50,000 to $5,000,000"...

...all OTE.

DungeonsNDemos

Big Shot

Rolling 20's all day

Where do I sign?

Space_Ghost20

Valued Contributor

Account Executive

I'm still getting auto-rejects and hiring managers/recruiters who disappear after an interview or phone screen. So things appear the same as they were.

Sunbunny31

Politicker

Sr Sales Executive 🐰

Things are recovering, but slowly. Reps are being hired. At higher rates? Jury's out.

jefe

Arsonist

🍁

The overly optimistic perspective can be just as bad as the doom and gloom one.

BigShrimpin

Catalyst

Account executive

the problem with "tech" being back is that tech is such a nebulous sector that includes everything from google to the 2 person no product startup and depending what you sell and to who it was never a problem and you survived the layoffs or you sold a nice to have to a and already stingy market and you've been getting spanked the last year

Justatitle

Big Shot

Account Executive

It's simple supply and demand. Although demand is coming back (slowly albeit) Supply is insane out there with many looking for roles and people who took roles to make ends meet are also looking so you have unemployed and employed battling with not enough roles to go around... dog eat dog world.

CuriousFox

WR Officer

🦊

The people that say that shit are pure and simple click bait.

The end.

Founding BDR

I’ve noticed a bit of an uptick. Will be a while before it levels out to cost of living and whatnot tho

QWhiz

Big Shot

Founding AE / ex-SDR

my company’s hiring for a while; so are the competitors

SaaSuke_and_Naruto

Opinionated

AE (Account Executive)

Unless I became a washed up AE, my LinkedIn inbox has been surprisingly quiet from recruiters with outlandish OTE, who’s with me?🙃

ThePiedPIPr

Valued Contributor

Enterprise Sales Executive

I can't even get an interview, to be honest. It is crazy. I have never dealt with a job market this bad.

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OTEs

20 comments

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