Forma.ai
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Forma.ai
Forma.ai Account Executive Salaryin Canada
Last 12 months
Median Base Salary
Median On-Target Earnings
Top Performer Can Earn
Salary Distribution
Percent that Attain Quota?
of Account Executives typically hit their quota here
What percent of Account Executives hit quota at Forma.ai?
Approximately 13% of Account Executives at Forma.ai meet or exceed their annual quota based on ratings submitted in the past year.
Employee Sentiment on Compensation at Forma.ai
Frequently Asked Questions
The average base salary for a Account Executive at Forma.ai ranges from CA$118,404 to CA$121,743, with total on-target earnings (OTE) typically between CA$249,003 and CA$301,834. These compensation ranges vary based on experience, location, and specific territory assignment.
Forma.ai Account Executives are paid on a 43/57 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 CA$253,225, Account Executives at Forma.ai can expect between CA$79,052 and CA$177,868 in annual variable compensation.
The median base salary for Account Executive at Forma.ai is CA$121,471 per year, which is 35% higher than the median base salary of the global salary role.
Top performer earnings for Account Executive at Forma.ai ranged between CA$660,812 and CA$875,321. 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 CA$711,246.
We estimate the typical annual quota for Account Executive at Forma.ai is approximately CA$1,266,125, which follows the common industry standard of roughly 5x on-target earnings (OTE).
The average deal size is CA$133,996. At that rate, a Account Executive needs to close approximately 9 deals per year to reach the typical CA$1,266,125 quota.
Roughly 13.0% of Account Executives at Forma.ai hit or exceed their annual quota, earning at least CA$131,754 in variable compensation; those below quota earn proportionally less.
The average sales cycle for a Account Executive at Forma.ai is approximately 180 days from first conversation to closed-won.
Percent that Attain Quota?
of Account Executives typically hit their quota here
What percent of Account Executives hit quota at Forma.ai?
Approximately 13% of Account Executives at Forma.ai meet or exceed their annual quota based on ratings submitted in the past year.
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Avg. deal size
CA$187,353
Base variable split?
43% / 57%
Product - Market Fit?
3.1
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Ask a question Frequently Asked Questions
The average base salary for a Account Executive at Forma.ai ranges from CA$118,404 to CA$121,743, with total on-target earnings (OTE) typically between CA$249,003 and CA$301,834. These compensation ranges vary based on experience, location, and specific territory assignment.
Forma.ai Account Executives are paid on a 43/57 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 CA$253,225, Account Executives at Forma.ai can expect between CA$79,052 and CA$177,868 in annual variable compensation.
The median base salary for Account Executive at Forma.ai is CA$121,471 per year, which is 35% higher than the median base salary of the global salary role.
Top performer earnings for Account Executive at Forma.ai ranged between CA$660,812 and CA$875,321. 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 CA$711,246.
We estimate the typical annual quota for Account Executive at Forma.ai is approximately CA$1,266,125, which follows the common industry standard of roughly 5x on-target earnings (OTE).
The average deal size is CA$133,996. At that rate, a Account Executive needs to close approximately 9 deals per year to reach the typical CA$1,266,125 quota.
Roughly 13.0% of Account Executives at Forma.ai hit or exceed their annual quota, earning at least CA$131,754 in variable compensation; those below quota earn proportionally less.
The average sales cycle for a Account Executive at Forma.ai is approximately 180 days from first conversation to closed-won.
