Bank of America
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Bank of America
Bank of America Enterprise Account Executive Salary
Last 12 months
Aged Data
Median Base Salary
Median On-Target Earnings
Top Performer Can Earn
Salary Distribution
Percent that Attain Quota?
of Enterprise Account Executives typically hit their quota here
What percent of Enterprise Account Executives hit quota at Bank of America?
Approximately 61% of Enterprise Account Executives at Bank of America meet or exceed their annual quota based on ratings submitted in the past year.
Employee Sentiment on Compensation at Bank of America
Frequently Asked Questions
The average base salary for a Enterprise Account Executive at Bank of America ranges from $60,000 to $90,000, with total on-target earnings (OTE) typically between $95,000 and $195,000. These compensation ranges vary based on experience, location, and specific territory assignment.
Bank of America Enterprise Account Executives are paid on a 53/47 base-to-variable split. The variable compensation is primarily tied to typical sales performance metrics like bookings, revenue, deals closed, or annual recurring revenue. Typically accelerators will kick in after achieving 100% quota attainment.
Assuming a median OTE of $190,000, Enterprise Account Executives at Bank of America can expect between $76,200 and $171,450 in annual variable compensation.
The median base salary for Enterprise Account Executive at Bank of America is $63,000 per year, which is 53% lower than the median base salary of the global salary role.
Top performer earnings for Enterprise Account Executive at Bank of America ranged between $360,000 and $580,000. These high achievers typically exceed quota by 130-150%, benefiting from accelerators that increase commission rates after achieving quota. The highest reported total compensation for this role last year was $410,000.
We estimate the typical annual quota for Enterprise Account Executive at Bank of America is approximately $950,000, which follows the common industry standard of roughly 5x on-target earnings (OTE).
The average deal size is $344,000. At that rate, a Enterprise Account Executive needs to close approximately 3 deals per year to reach the typical $950,000 quota.
Roughly 61.0% of Enterprise Account Executives at Bank of America hit or exceed their annual quota, earning at least $127,000 in variable compensation; those below quota earn proportionally less.
The average sales cycle for a Enterprise Account Executive at Bank of America is approximately 149 days from first conversation to closed-won.
Percent that Attain Quota?
of Enterprise Account Executives typically hit their quota here
What percent of Enterprise Account Executives hit quota at Bank of America?
Approximately 61% of Enterprise Account Executives at Bank of America meet or exceed their annual quota based on ratings submitted in the past year.
Explore Enterprise Account Executive Salaries
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OTE
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OTE
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Bloomberg LP
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OTE
$305,000
Fiserv
Salary data from 5 ratings
OTE
$330,000
Avg. deal size
$344,000
Base variable split?
53% / 47%
Product - Market Fit?
3.9
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Ask a question Frequently Asked Questions
The average base salary for a Enterprise Account Executive at Bank of America ranges from $60,000 to $90,000, with total on-target earnings (OTE) typically between $95,000 and $195,000. These compensation ranges vary based on experience, location, and specific territory assignment.
Bank of America Enterprise Account Executives are paid on a 53/47 base-to-variable split. The variable compensation is primarily tied to typical sales performance metrics like bookings, revenue, deals closed, or annual recurring revenue. Typically accelerators will kick in after achieving 100% quota attainment.
Assuming a median OTE of $190,000, Enterprise Account Executives at Bank of America can expect between $76,200 and $171,450 in annual variable compensation.
The median base salary for Enterprise Account Executive at Bank of America is $63,000 per year, which is 53% lower than the median base salary of the global salary role.
Top performer earnings for Enterprise Account Executive at Bank of America ranged between $360,000 and $580,000. These high achievers typically exceed quota by 130-150%, benefiting from accelerators that increase commission rates after achieving quota. The highest reported total compensation for this role last year was $410,000.
We estimate the typical annual quota for Enterprise Account Executive at Bank of America is approximately $950,000, which follows the common industry standard of roughly 5x on-target earnings (OTE).
The average deal size is $344,000. At that rate, a Enterprise Account Executive needs to close approximately 3 deals per year to reach the typical $950,000 quota.
Roughly 61.0% of Enterprise Account Executives at Bank of America hit or exceed their annual quota, earning at least $127,000 in variable compensation; those below quota earn proportionally less.
The average sales cycle for a Enterprise Account Executive at Bank of America is approximately 149 days from first conversation to closed-won.
