How much should total take home pay be for a salesman generating $500K in new business each year?

Question

I started with a new company in January that set an extremely aggressive sales goal of $1 million for me in my first year. I should note that this is a totally new industry for me, as I have a real estate and marketing background. By the end of my first year (January) I should be well past the $500K mark in total sales. I am just curious as to what other professionals would expect to earn (or pay) for this type of performance during a recession, selling a premium product that is often 2-3x more expensive than the competition. Any feedback would be welcomed. Mark up is considerable... margins range from 80% to 40%.

4 weeks ago - 2 answers

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What sort of profit margin does the industry have? If the company is taking home a 5% margin, then $500K isn't much. If they are taking 90%, then it's an outstanding accomplishment.

by Jestep

4 weeks ago

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