Base salary: the amount of money a person is paid before commissions, bonuses, or other incentives are added. For sales professionals, who oftentimes have a higher commission percentage than other jobs, base salary can be critical to budgeting and figuring out what sort of job you’re getting into when taking on a new position.
What is a good base salary for a sales job?
The answer to this question depends on what type of job you’re looking for, because there are many different types of sales positions. The lowest-paid salespeople in the United States make $39,000 per year, but those in other countries can earn much more. For example, the average salary for a salesperson in Australia is $60,000 and in Canada it’s $80,000 per year.
The average salary for a pharmaceutical sales representative is $100,000 annually while insurance agents who sell life insurance average $105,000 per year and real estate agents who sell homes earn an average of $43,000 each year from commissions alone (not including their base salaries).
What is a good base salary for a sales job
Introduction
What is a good base salary for a sales job? It depends on the industry, but the average base salary for a salesperson in 2019 was $55,000 (not including bonuses). The average can vary widely by region and by industry.
Not all sales jobs are created equal.
Not all sales jobs are created equal. Salespeople in one industry, region, or company may earn significantly more than their counterparts in another. And even within a single organization, the salary you earn will vary based on your job title and experience level.
So how can you determine what to ask for? The first step is to understand what makes one sales job different from another.
Your earning potential depends on the industry you’re in.
Your earning potential depends on the industry you’re in. For example, if you work in pharmaceutical sales and have extensive experience, as well as a bachelor’s degree, it’s possible that your salary will be higher than someone who has only one of those things. If you work in luxury real estate and live in Manhattan, New York City, then there are more chances that your base salary will be higher than someone who works for the same company out of San Francisco or San Diego.
In general though there is no set formula for how much money a salesperson should make at any given level; this article just highlights some factors that can influence how much your base salary might be worth given your particular circumstances..
You can earn more if you have more experience or education.
If you have more experience and/or education, you can earn more money. Here are a few ways to earn more:
- Earn a degree or certification. You’ll have the opportunity to learn about sales through your education, and also make connections with people who can help you out in the future.
- Get experience. If you’re just starting out in your career, it’s important to get as much experience as possible so that when the time comes for a promotion or raise, there won’t be any question of whether or not you deserve it—the company will be able to see how much work and dedication has gone into building up your skillset!
- Get both! Formal training isn’t always required at every company; some might prefer candidates who’ve already had some real-world experience selling whatever product they’re working with (and if this is true at yours too then consider yourself lucky!).
Consider non-salary factors, such as benefits and location.
It’s important to consider non-salary factors, such as the company’s benefits and location. If you’re in a location where there is a lot of competition for jobs, your salary may need to be lower than what it would be in other areas. However, if you have a good salary offer from a company that provides benefits such as health insurance or paid time off, you can feel confident taking that job even if it isn’t located near family members or friends.
Your earnings should reflect what the market demands.
The salary you earn should reflect what the market demands.
That may sound like a simple concept, but it can be difficult to achieve in practice. The first step is determining what your skills are worth in the marketplace. Then, you must decide what education and experience you have that will give you an edge over other candidates for similar positions. Finally, consider how hard your work is and how much time it takes away from other aspects of life; if your job requires a lot of overtime or commuting time, for example, then those factors should factor into your salary expectations as well.
Do your research to find out what is a fair base salary for the job you want.
To find out what is a fair base salary for a sales job, you’ll have to do research. Look at similar jobs in the same industry and different industries, as well as other jobs within your company or another company. Consider the job description and its responsibilities. It’s also important to consider where this job is located.
Conclusion
Hopefully, this article has given you a better understanding of what to expect when it comes to salary in your first sales job. Remember that the key is to be persistent, work hard, and not give up. With these skills and a little bit of luck, you’ll
