Quote:
Originally Posted by Unregistered
Our new sales engineer, is getting a super pay cut from a design engineer 4.3k O&G company to now 2.2k sales engineer, only 600 car allowance, not enuff to pay his car installments. However, he is taking a 9.5% commission on revenue for any O&G equipment that he sells.
Last month he sold about 75k of parts to his friends or rather ex-colleagues... damn he is sneaky
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Can I know what sort of O&G equipment does he sell exactly?
I am familiar with the O&G industry and have never heard of a company that offers a basic + 9.5% billing commission. Usually if the rates are so high there out to be a threshold before sharing commences.
Most O&G sales engineers I know of clock up at least 500k annual revenue even if they are new. That means your company is paying like 2200 x 13 + 600 x 12 + 500,000 x 9.5% = at least $83,300 p.a. for a junior sales rep that meets target!
Very interested to know what sort of products you all sell.