On-target Earnings - Wikipedia

Home » What Does Ote Mean In Salary » On-target Earnings - Wikipedia

Maybe your like

Jump to content

Contents

move to sidebar hide
  • (Top)
  • 1 References
  • Article
  • Talk
English
  • Read
  • Edit
  • View history
Tools Tools move to sidebar hide Actions
  • Read
  • Edit
  • View history
General
  • What links here
  • Related changes
  • Upload file
  • Page information
  • Cite this page
  • Get shortened URL
  • Download QR code
Print/export
  • Download as PDF
  • Printable version
In other projects
  • Wikidata item
Appearance move to sidebar hide From Wikipedia, the free encyclopedia Type of salary based on employee performance

"On-track" or "on-target" earnings (OTE) is a term [1] often seen in job advertisements, especially for sales personnel. It is the expected total pay, if performance matches the expected targets. Actual pay may be higher or lower. The typical pay structure may be composed of a basic salary with an additional amount of commission, known together as a "package". The package usually involves a contract between the company and the salesperson that ensures a specific commission percentage, fixed lump sum payment, or a combination of both, provided that the salesperson hits specified sales targets. While all commission plans are unique, often exceeding sales targets results in higher commission rates on sales beyond target for a specific period. Alternatively, on target earnings can refer to an executive pay schedule contingent upon the achievement of specified goals.

References

[edit]
  1. ^ "What Is The Definition Of OTE?". Sales Commissions Explained. 2020-08-27. Retrieved 2025-04-02.
Stub icon

This business-related article is a stub. You can help Wikipedia by adding missing information.

  • v
  • t
  • e
Retrieved from "https://en.wikipedia.org/w/index.php?title=On-target_earnings&oldid=1283518152" Categories:
  • Employment compensation
  • Sales
  • Business stubs
Hidden categories:
  • Articles with short description
  • Short description is different from Wikidata
  • All stub articles
Search Search Toggle the table of contents On-target earnings 2 languages Add topic

Tag » What Does Ote Mean In Salary