Premium Merchant Funding
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Premium Merchant Funding
Premium Merchant Funding Account Executive Salary
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 Premium Merchant Funding?
Approximately 26% of Account Executives at Premium Merchant Funding meet or exceed their annual quota based on ratings submitted in the past year.
Employee Sentiment on Compensation at Premium Merchant Funding
Frequently Asked Questions
Contact us for more specific compensation data
Premium Merchant Funding Account Executives are paid on a 8/92 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.
Contact us for more specific compensation data
Contact us for more specific compensation data
Top performer earnings for Account Executive at Premium Merchant Funding ranged between $1,500,000 and $1,500,000. 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 $1,130,000.
We estimate the typical annual quota for Account Executive at Premium Merchant Funding is approximately $325,000, which follows the common industry standard of roughly 5x on-target earnings (OTE).
The average deal size is $38,700. At that rate, a Account Executive needs to close approximately 8 deals per year to reach the typical $325,000 quota.
Contact us for more specific compensation data
The average sales cycle for a Account Executive at Premium Merchant Funding is approximately 14 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 Premium Merchant Funding?
Approximately 26% of Account Executives at Premium Merchant Funding meet or exceed their annual quota based on ratings submitted in the past year.
Explore Account Executive Salaries
Preqin
Salary data from 7 ratings
OTE
$150,000
Stax Payments
Salary data from 5 ratings
OTE
$95,000
Vertice
Salary data from 5 ratings
OTE
$200,000
Guideline
Salary data from 10 ratings
OTE
$120,000
Avg. deal size
$38,700
Base variable split?
8% / 92%
Product - Market Fit?
3.0
Have a question for Premium Merchant Funding about compensation for this job? Ask
your question on the Q&A page
Ask a question Frequently Asked Questions
Contact us for more specific compensation data
Premium Merchant Funding Account Executives are paid on a 8/92 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.
Contact us for more specific compensation data
Contact us for more specific compensation data
Top performer earnings for Account Executive at Premium Merchant Funding ranged between $1,500,000 and $1,500,000. 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 $1,130,000.
We estimate the typical annual quota for Account Executive at Premium Merchant Funding is approximately $325,000, which follows the common industry standard of roughly 5x on-target earnings (OTE).
The average deal size is $38,700. At that rate, a Account Executive needs to close approximately 8 deals per year to reach the typical $325,000 quota.
Contact us for more specific compensation data
The average sales cycle for a Account Executive at Premium Merchant Funding is approximately 14 days from first conversation to closed-won.
