Job Title: Account Executive
Location: Houston, Texas
Submitted on: 10-Aug-04
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Job Title |
Salary
Survey |
| Account Executive |
Current Package:
Base plus commissions:
- Non-recoverable base
- 2-tier commission program
(17% for gross profit to $300K & 23% for $300k+)
Commissions are calculated as such:
GP x comm % = GP$s
GP$s - salary (annual divided by 26) = monthly net
example: $50k base = $1923.07 bi-weekly; 10k in Gross profit
$10,000 GP x 17% = 1700 gross profit dollars
$1700 GP$s - $1923.07 (salary) = (223.07)
*Here you would keep your salary but have no commissions until you cover all
your base salary. Any overages would be payable to the employee.
* This program is especially taxing to new employees who are building their
business. Spherion is working through the "new hire" situation but it is done
on
an individual basis.
Previous Package:
Traditional Base + comissions (the norm for Houston)
- Commissions were based on gross profit dollars after burden
- percentage ranges were 6-15%
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