Commonwealth Bank
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Commonwealth Bank
Commonwealth Bank Account Executive Salaryin Australia
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 Commonwealth Bank?
Approximately 61% of Account Executives at Commonwealth Bank meet or exceed their annual quota based on ratings submitted in the past year.
Employee Sentiment on Compensation at Commonwealth Bank
Frequently Asked Questions
The average base salary for a Account Executive at Commonwealth Bank ranges from A$136,276 to A$152,497, with total on-target earnings (OTE) typically between A$153,583 and A$215,173. These compensation ranges vary based on experience, location, and specific territory assignment.
Commonwealth Bank Account Executives are paid on a 74/26 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 A$197,106, Account Executives at Commonwealth Bank can expect between A$31,391 and A$70,629 in annual variable compensation.
The median base salary for Account Executive at Commonwealth Bank is A$144,788 per year, which is 8% higher than the median base salary of the global salary role.
Top performer earnings for Account Executive at Commonwealth Bank ranged between A$258,208 and A$515,247. 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 A$386,726.
We estimate the typical annual quota for Account Executive at Commonwealth Bank is approximately A$985,530, which follows the common industry standard of roughly 5x on-target earnings (OTE).
The average deal size is A$377,424. At that rate, a Account Executive needs to close approximately 3 deals per year to reach the typical A$985,530 quota.
Roughly 61.0% of Account Executives at Commonwealth Bank hit or exceed their annual quota, earning at least A$52,318 in variable compensation; those below quota earn proportionally less.
The average sales cycle for a Account Executive at Commonwealth Bank is approximately 28 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 Commonwealth Bank?
Approximately 61% of Account Executives at Commonwealth Bank meet or exceed their annual quota based on ratings submitted in the past year.
Explore Account Executive Salaries
Revolut
Salary data from 3 ratings
OTE
A$129,541
Avg. deal size
A$576,855
Base variable split?
74% / 26%
Product - Market Fit?
3.5
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Ask a question Frequently Asked Questions
The average base salary for a Account Executive at Commonwealth Bank ranges from A$136,276 to A$152,497, with total on-target earnings (OTE) typically between A$153,583 and A$215,173. These compensation ranges vary based on experience, location, and specific territory assignment.
Commonwealth Bank Account Executives are paid on a 74/26 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 A$197,106, Account Executives at Commonwealth Bank can expect between A$31,391 and A$70,629 in annual variable compensation.
The median base salary for Account Executive at Commonwealth Bank is A$144,788 per year, which is 8% higher than the median base salary of the global salary role.
Top performer earnings for Account Executive at Commonwealth Bank ranged between A$258,208 and A$515,247. 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 A$386,726.
We estimate the typical annual quota for Account Executive at Commonwealth Bank is approximately A$985,530, which follows the common industry standard of roughly 5x on-target earnings (OTE).
The average deal size is A$377,424. At that rate, a Account Executive needs to close approximately 3 deals per year to reach the typical A$985,530 quota.
Roughly 61.0% of Account Executives at Commonwealth Bank hit or exceed their annual quota, earning at least A$52,318 in variable compensation; those below quota earn proportionally less.
The average sales cycle for a Account Executive at Commonwealth Bank is approximately 28 days from first conversation to closed-won.
