|
|
|||||||
| Income and Jobs Discuss jobs, career options and of course salaries |
Topic Review (Newest First)
|
| 24-05-2013 05:41 PM | ||
| gcl | If u interest to know more you may pm me. Haha. But I was thinking of switching to facility engineer. But think I should remain sales. After seeing quite a few senior comment. | |
| 24-05-2013 05:39 PM | ||
| gcl |
current sales engineer Quote:
|
|
| 24-05-2013 11:38 AM | ||
| kelvin |
Hi Current sales engineer, What is your previous job? because most of the sales engineer given more basic their commission will be very hard to hit. |
|
| 24-05-2013 10:48 AM | ||
| Current sales engineer | Wow. Look like I am a very lucky guy. Fresh grad diploma in sales. I manage to get more than 2.5k, with 700 car allowance and commission scheme no quota. Once sell take money. But bad thing is need customer pay money. For your info if you all are curious, I am in pump industry | |
| 23-05-2013 08:54 PM | ||
| Sales |
Quote:
|
|
| 23-05-2013 07:08 PM | ||
| kelvin | But what I heard from my friend that he is hire as a sales engineer to handle existing customer, he told me that his sales target to get commission is impossible so every month he's getting his basic and transport allowance only. | |
| 23-05-2013 03:18 PM | ||
| Unregistered |
Quote:
You can imagine, if the overall company is making a loss, how can they afford to pay this guy 9.5%? Does it make any sense??? |
|
| 23-05-2013 09:40 AM | ||
| Unregistered |
Yea dun make sense to me as well. Since this new guy with no sales experience can bill 75k first month, it’s probably consumable products, minor systems or spare parts within the O&G industry. Even if we assume best case scenario of 25% gross margin, the 75k business has only GP of 18.75k. The Company still have to pay 2.2k basic + 600 allowance + 7.125k for commission + 1.5k employer CPF. That means GP – sales staff only left $9305. No way that is enough to cover all the remaining corporate & admin overheads to be profitable. Either there is misunderstanding of the commission plan or the above story is bs. Quote:
|
|
| 22-05-2013 06:09 PM | ||
| Unregistered |
Quote:
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. |
|
| 22-05-2013 05:51 PM | ||
| 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 |
|
| This thread has more than 10 replies. Click here to review the whole thread. | ||
