Hofy
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Hofy
Hofy Account Executive Salaryin United Kingdom
Last 12 months
Aged Data
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 Hofy?
Approximately 36% of Account Executives at Hofy meet or exceed their annual quota based on ratings submitted in the past year.
Employee Sentiment on Compensation at Hofy
Frequently Asked Questions
The average base salary for a Account Executive at Hofy ranges from £55,527 to £71,177, with total on-target earnings (OTE) typically between £83,290 and £142,355. These compensation ranges vary based on experience, location, and specific territory assignment.
Hofy Account Executives are paid on a 52/48 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 £138,817, Account Executives at Hofy can expect between £41,645 and £93,702 in annual variable compensation.
The median base salary for Account Executive at Hofy is £69,408 per year, which is 9% lower than the median base salary of the global salary role.
Top performer earnings for Account Executive at Hofy ranged between £189,807 and £189,807. 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 £189,807.
We estimate the typical annual quota for Account Executive at Hofy is approximately £694,085, which follows the common industry standard of roughly 5x on-target earnings (OTE).
The average deal size is £49,589. At that rate, a Account Executive needs to close approximately 14 deals per year to reach the typical £694,085 quota.
Roughly 36.0% of Account Executives at Hofy hit or exceed their annual quota, earning at least £69,409 in variable compensation; those below quota earn proportionally less.
The average sales cycle for a Account Executive at Hofy is approximately 67 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 Hofy?
Approximately 36% of Account Executives at Hofy meet or exceed their annual quota based on ratings submitted in the past year.
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OTE
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Avg. deal size
£37,489
Base variable split?
52% / 48%
Product - Market Fit?
4.2
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Ask a question Frequently Asked Questions
The average base salary for a Account Executive at Hofy ranges from £55,527 to £71,177, with total on-target earnings (OTE) typically between £83,290 and £142,355. These compensation ranges vary based on experience, location, and specific territory assignment.
Hofy Account Executives are paid on a 52/48 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 £138,817, Account Executives at Hofy can expect between £41,645 and £93,702 in annual variable compensation.
The median base salary for Account Executive at Hofy is £69,408 per year, which is 9% lower than the median base salary of the global salary role.
Top performer earnings for Account Executive at Hofy ranged between £189,807 and £189,807. 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 £189,807.
We estimate the typical annual quota for Account Executive at Hofy is approximately £694,085, which follows the common industry standard of roughly 5x on-target earnings (OTE).
The average deal size is £49,589. At that rate, a Account Executive needs to close approximately 14 deals per year to reach the typical £694,085 quota.
Roughly 36.0% of Account Executives at Hofy hit or exceed their annual quota, earning at least £69,409 in variable compensation; those below quota earn proportionally less.
The average sales cycle for a Account Executive at Hofy is approximately 67 days from first conversation to closed-won.
