Penske Truck Leasing
RepVue Score
0
Penske Truck Leasing
Penske Truck Leasing Mid Market Account Executive Salary
Last 12 months
Median Base Salary
Median On-Target Earnings
Top Performer Can Earn
Salary Distribution
Percent that Attain Quota?
of Mid Market Account Executives typically hit their quota here
What percent of Mid Market Account Executives hit quota at Penske Truck Leasing?
Approximately 54% of Mid Market Account Executives at Penske Truck Leasing meet or exceed their annual quota based on ratings submitted in the past year.
Employee Sentiment on Compensation at Penske Truck Leasing
Frequently Asked Questions
The average base salary for a Mid Market Account Executive at Penske Truck Leasing ranges from $65,000 to $80,000, with total on-target earnings (OTE) typically between $125,000 and $200,000. These compensation ranges vary based on experience, location, and specific territory assignment.
Penske Truck Leasing Mid Market Account Executives are paid on a 44/56 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 $160,000, Mid Market Account Executives at Penske Truck Leasing can expect between $54,000 and $121,500 in annual variable compensation.
The median base salary for Mid Market Account Executive at Penske Truck Leasing is $70,000 per year, which is 22% lower than the median base salary of the global salary role.
Top performer earnings for Mid Market Account Executive at Penske Truck Leasing ranged between $350,000 and $350,000. 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 $350,000.
We estimate the typical annual quota for Mid Market Account Executive at Penske Truck Leasing is approximately $800,000, which follows the common industry standard of roughly 5x on-target earnings (OTE).
The average deal size is $33,200. At that rate, a Mid Market Account Executive needs to close approximately 24 deals per year to reach the typical $800,000 quota.
Roughly 54.0% of Mid Market Account Executives at Penske Truck Leasing hit or exceed their annual quota, earning at least $90,000 in variable compensation; those below quota earn proportionally less.
The average sales cycle for a Mid Market Account Executive at Penske Truck Leasing is approximately 61 days from first conversation to closed-won.
Percent that Attain Quota?
of Mid Market Account Executives typically hit their quota here
What percent of Mid Market Account Executives hit quota at Penske Truck Leasing?
Approximately 54% of Mid Market Account Executives at Penske Truck Leasing meet or exceed their annual quota based on ratings submitted in the past year.
Explore Mid Market Account Executive Salaries
Total Quality Logistics (TQL)
Salary data from 24 ratings
OTE
$80,000
C.H. Robinson Worldwide
Salary data from 5 ratings
OTE
$130,000
FedEx
Salary data from 11 ratings
OTE
$125,000
UPS
Salary data from 11 ratings
OTE
$110,000
Avg. deal size
$33,200
Base variable split?
44% / 56%
Product - Market Fit?
3.6
Have a question for Penske Truck Leasing about compensation for this job? Ask
your question on the Q&A page
Ask a question Frequently Asked Questions
The average base salary for a Mid Market Account Executive at Penske Truck Leasing ranges from $65,000 to $80,000, with total on-target earnings (OTE) typically between $125,000 and $200,000. These compensation ranges vary based on experience, location, and specific territory assignment.
Penske Truck Leasing Mid Market Account Executives are paid on a 44/56 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 $160,000, Mid Market Account Executives at Penske Truck Leasing can expect between $54,000 and $121,500 in annual variable compensation.
The median base salary for Mid Market Account Executive at Penske Truck Leasing is $70,000 per year, which is 22% lower than the median base salary of the global salary role.
Top performer earnings for Mid Market Account Executive at Penske Truck Leasing ranged between $350,000 and $350,000. 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 $350,000.
We estimate the typical annual quota for Mid Market Account Executive at Penske Truck Leasing is approximately $800,000, which follows the common industry standard of roughly 5x on-target earnings (OTE).
The average deal size is $33,200. At that rate, a Mid Market Account Executive needs to close approximately 24 deals per year to reach the typical $800,000 quota.
Roughly 54.0% of Mid Market Account Executives at Penske Truck Leasing hit or exceed their annual quota, earning at least $90,000 in variable compensation; those below quota earn proportionally less.
The average sales cycle for a Mid Market Account Executive at Penske Truck Leasing is approximately 61 days from first conversation to closed-won.
