Merrill Lynch
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Merrill Lynch
Merrill Lynch Sales Development Representative Salary
Last 12 months
Aged Data
Median Base Salary
Median On-Target Earnings
Top Performer Can Earn
Salary Distribution
Percent that Attain Quota?
of Sales Development Representatives typically hit their quota here
What percent of Sales Development Representatives hit quota at Merrill Lynch?
Approximately 41% of Sales Development Representatives at Merrill Lynch meet or exceed their annual quota based on ratings submitted in the past year.
Employee Sentiment on Compensation at Merrill Lynch
Frequently Asked Questions
The average base salary for a Sales Development Representative at Merrill Lynch ranges from $50,000 to $60,000, with total on-target earnings (OTE) typically between $75,000 and $85,000. These compensation ranges vary based on experience, location, and specific territory assignment.
Merrill Lynch Sales Development Representatives are paid on a 60/40 mix. Variable pay depends on pipeline‑creation metrics - activity volume (calls, emails, etc.), converted opportunities, created opportunities, and scheduled meetings. SDRs at Merrill Lynch report that Activity Volume (calls, emails, etc.) is the metric that most directly drives their variable earnings, and accelerators typically apply once targets exceed 100%.
Assuming a median OTE of $80,000, Sales Development Representatives at Merrill Lynch can expect between $12,500 and $27,500 in annual variable compensation.
The median base salary for Sales Development Representative at Merrill Lynch is $55,000 per year, which is 8% lower than the median base salary of the global salary role.
Top-performer earnings for SDRs at Merrill Lynch typically range between $170,000 and $350,000. Top SDRs usually exceed meeting or pipeline goals by 115-130%, and additional upside is possible for exceptionally high activity and conversion rates. The highest reported total compensation for this role last year was $260,000.
Approximately 41.0% of Sales Development Representatives at Merrill Lynch meet or exceed their annual quota based on ratings submitted in the past year.
Percent that Attain Quota?
of Sales Development Representatives typically hit their quota here
What percent of Sales Development Representatives hit quota at Merrill Lynch?
Approximately 41% of Sales Development Representatives at Merrill Lynch meet or exceed their annual quota based on ratings submitted in the past year.
Explore Sales Development Representative Salaries
Mastercard
Salary data from 5 ratings
OTE
$77,000
Fidelity
Salary data from 5 ratings
OTE
$100,000
Marsh McLennan
Salary data from 5 ratings
OTE
$85,000
Bank of America
Salary data from 5 ratings
OTE
$155,000
Base variable split?
60% / 40%
Product - Market Fit?
3.4
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Ask a question Frequently Asked Questions
The average base salary for a Sales Development Representative at Merrill Lynch ranges from $50,000 to $60,000, with total on-target earnings (OTE) typically between $75,000 and $85,000. These compensation ranges vary based on experience, location, and specific territory assignment.
Merrill Lynch Sales Development Representatives are paid on a 60/40 mix. Variable pay depends on pipeline‑creation metrics - activity volume (calls, emails, etc.), converted opportunities, created opportunities, and scheduled meetings. SDRs at Merrill Lynch report that Activity Volume (calls, emails, etc.) is the metric that most directly drives their variable earnings, and accelerators typically apply once targets exceed 100%.
Assuming a median OTE of $80,000, Sales Development Representatives at Merrill Lynch can expect between $12,500 and $27,500 in annual variable compensation.
The median base salary for Sales Development Representative at Merrill Lynch is $55,000 per year, which is 8% lower than the median base salary of the global salary role.
Top-performer earnings for SDRs at Merrill Lynch typically range between $170,000 and $350,000. Top SDRs usually exceed meeting or pipeline goals by 115-130%, and additional upside is possible for exceptionally high activity and conversion rates. The highest reported total compensation for this role last year was $260,000.
Approximately 41.0% of Sales Development Representatives at Merrill Lynch meet or exceed their annual quota based on ratings submitted in the past year.
