What Does Ote Earnings Mean - It’s a commonly used metric that helps sales organizations calculate the overall potential earnings of a particular position. The term is typically abbreviated to ote. This means that the salary advertised is only achieved if the employee meets the performance targets associated with the job. This total usually includes a base salary plus any bonuses, commissions, or other financial incentives linked to the achievement of targets. It’s a projected salary based on a combination of base salary and commissions and is not guaranteed. Ote is most often presented as a full year’s earnings, although monthly and quarterly otes are possible too. Web if you see the phrase ote in the salary of a job advert, it means on target earnings, or sometimes on track earnings.
Web if you see the phrase ote in the salary of a job advert, it means on target earnings, or sometimes on track earnings. It’s a projected salary based on a combination of base salary and commissions and is not guaranteed. It’s a commonly used metric that helps sales organizations calculate the overall potential earnings of a particular position. The term is typically abbreviated to ote. Ote is most often presented as a full year’s earnings, although monthly and quarterly otes are possible too. This means that the salary advertised is only achieved if the employee meets the performance targets associated with the job. This total usually includes a base salary plus any bonuses, commissions, or other financial incentives linked to the achievement of targets.