News:

Tekforums.net - The improved home of Tekforums! :D

Main Menu

OTE - On top of earnings?

Started by Pete, January 10, 2007, 03:43:19 AM

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

Pete

Wossit mean, say a job is "Ã,£16k, ote Ã,£25k" does that mean 16k + anything up to 9k on top depending on how much work you actually do?
I know sh*ts bad right now with all that starving bullsh*t and the dust storms and we are running out of french fries and burrito coverings.

Serious

On Target Earnings, usually its sales where a large percentage is derived from commission. Usually you have to work your butt off for it though! ;)

Pete

I know sh*ts bad right now with all that starving bullsh*t and the dust storms and we are running out of french fries and burrito coverings.

Mardoni

Or it could be "bonus" related; where each task is quoted in hours. You get paid Ã,£16k for the first 37.5/40 hours of work you do a week and then every task hour over and above that is OTE.

This is common in the garage trade I believe.

Dave

Quote from: sdpWossit mean, say a job is "Ã,£16k, ote Ã,£25k" does that mean 16k + anything up to 9k on top depending on how much work you actually do?

it doesnt have to be capped - OTE is what you should get if you are good at the job On target earnings - some people will get more - quite a few will get less.

I guess if it is a support role then it will be capped & based on hitting certain targets. If youre in a role where you are actually directly contributing to the companies P&L however then theyd be pretty stingy to cap it.

Pete

Thanks. I was wondering whether to go fo rthis job but I just read the details and the company doesnt even have a website and its a hotmail email contact   :hunf: .
I know sh*ts bad right now with all that starving bullsh*t and the dust storms and we are running out of french fries and burrito coverings.

White Giant

Get in, charge em Ã,£5000 for setting up a website and proper email address.  :D

Mad Mullah

I can pay you very good money

You get relocation allowance for special graduate training school in northern pakistan then you get special bonus if you take one way flight on big american plane

OTE = 70 virgins  :mrgreen:

Serious

Quote from: Dave
Quote from: sdpWossit mean, say a job is "Ã,£16k, ote Ã,£25k" does that mean 16k + anything up to 9k on top depending on how much work you actually do?

it doesnt have to be capped - OTE is what you should get if you are good at the job On target earnings - some people will get more - quite a few will get less.

I guess if it is a support role then it will be capped & based on hitting certain targets. If youre in a role where you are actually directly contributing to the companies P&L however then theyd be pretty stingy to cap it.

Plenty of them do cap it though, especially sales companies.

Quote from: Mad MullahOTE = 70 virgins  :mrgreen:

/reads through small print...

QuoteWe only pay out in heaven - after you successfully complete your mission.

Virgins may be recycled.

Pete

QuoteOTE = 70 virgins

Can I trade em in for a 86 dirty slut?
I know sh*ts bad right now with all that starving bullsh*t and the dust storms and we are running out of french fries and burrito coverings.

mr_roll

I was once on OTE earnings, and Ive had a job where I had a baisc and OTE.

I made my targets in each job, but had to work damn hard for them but I loved the work.

I left both jobs through my own choice and reasons that are just to long to explain.

Dave

Ive been offered a role where the basic is only paid for a few months and after that everything is performance related - having said that it is a very well paid role - though slightly risky.

Thrawn

Quote from: DaveIve been offered a role where the basic is only paid for a few months and after that everything is performance related - having said that it is a very well paid role - though slightly risky.

I went for a job like that (didnt realise until after the second stage "presentation") but with existing debts and having to move house I couldnt risk it. Plus on they face they seemed to be on the level, but there was something that just didnt sit right with me, like it was all some enormous scam...