Advert Query

[Bonzo 2000]

In a job advert what does OTE mean when quoted next to the salary.  It seems common in sales jobs

[captainhaz]

It normally means over time extra.

[Nickfield]

It means 'On target earnings.' You will have to hit  targets the company sets for you to achieve the salary quoted.

[smadge]

It's Opportunities to Earn

[El D]

its on target earnings and I would not pay too much attention to them as sales targets are rarely achievable

[ICEMANSAV]

Thought it was over time excluded??

[Hammer]

Definately On Target Earnings, based on the commission you could earn if you sold four squillion units per hour of whatever it is you are selling.

To be taken with a pinch of salt. Look for a high basic (ie non-commission) wage as well.

[rja211077]

it's definitely On Target Earnings

[Miss Zippy]

On Target Earnings�.  If a job is advertising �50k p.a. OTE this means you can achieve a maximum of �50k p.a. if you hit their (unrealistic) sales targets. The basic salary might only be �15k � that is your only guaranteed income. The rest is made up by way of commission and/or bonuses based on your sales performance.

[Octavius]

As it says above, ON TARGET EARNINGS.

You will be paid a basic salary and if you hit their targets you will be paid a commission based on the targets that you have hit.  The basic salary is usually very low and when they quote the OTE figure, this often means you working your backside off 24/7 with no guarantee of the 'higher quoted' salary but only the guarantee of the basic salary.  Commission based jobs are usually to do with sales, such as estate agents etc - and you have to work your butt off to get anywhere near the OTE.

[althesmiler]

It means On Target Earnings, I have done sales for 5 years and I can tell you that "On Target Earnings" is the right answer