Rackspace Technology
RepVue Score
0
Rackspace Technology
Rackspace Technology Enterprise Account Executive Salaryin Canada
Last 12 months
Median Base Salary
Median On-Target Earnings
Top Performer Can Earn
Salary Distribution
Percent that Attain Quota?
of Enterprise Account Executives typically hit their quota here
What percent of Enterprise Account Executives hit quota at Rackspace Technology?
Approximately 40% of Enterprise Account Executives at Rackspace Technology meet or exceed their annual quota based on ratings submitted in the past year.
Employee Sentiment on Compensation at Rackspace Technology
Frequently Asked Questions
The average base salary for a Enterprise Account Executive at Rackspace Technology ranges from CA$152 to CA$145,372, with total on-target earnings (OTE) typically between CA$101,813 and CA$255,762. These compensation ranges vary based on experience, location, and specific territory assignment.
Rackspace Technology Enterprise Account Executives are paid on a 50/50 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 CA$242,288, Enterprise Account Executives at Rackspace Technology can expect between CA$59,437 and CA$133,734 in annual variable compensation.
The median base salary for Enterprise Account Executive at Rackspace Technology is CA$143,226 per year, which is 12% higher than the median base salary of the global salary role.
Top performer earnings for Enterprise Account Executive at Rackspace Technology ranged between CA$589,625 and CA$600,875. 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 CA$568,244.
We estimate the typical annual quota for Enterprise Account Executive at Rackspace Technology is approximately CA$1,211,440, which follows the common industry standard of roughly 5x on-target earnings (OTE).
The average deal size is CA$205,176. At that rate, a Enterprise Account Executive needs to close approximately 6 deals per year to reach the typical CA$1,211,440 quota.
Roughly 40.0% of Enterprise Account Executives at Rackspace Technology hit or exceed their annual quota, earning at least CA$99,062 in variable compensation; those below quota earn proportionally less.
The average sales cycle for a Enterprise Account Executive at Rackspace Technology is approximately 102 days from first conversation to closed-won.
Percent that Attain Quota?
of Enterprise Account Executives typically hit their quota here
What percent of Enterprise Account Executives hit quota at Rackspace Technology?
Approximately 40% of Enterprise Account Executives at Rackspace Technology meet or exceed their annual quota based on ratings submitted in the past year.
Explore Enterprise Account Executive Salaries
Info-Tech Research Group
Salary data from 7 ratings
OTE
CA$176,577
ReliaQuest
Salary data from 5 ratings
OTE
CA$410,781
Meltwater
Salary data from 5 ratings
OTE
CA$214,269
Darktrace
Salary data from 8 ratings
OTE
CA$267,873
Avg. deal size
CA$286,877
Base variable split?
50% / 50%
Product - Market Fit?
3.0
Have a question for Rackspace Technology 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 Enterprise Account Executive at Rackspace Technology ranges from CA$152 to CA$145,372, with total on-target earnings (OTE) typically between CA$101,813 and CA$255,762. These compensation ranges vary based on experience, location, and specific territory assignment.
Rackspace Technology Enterprise Account Executives are paid on a 50/50 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 CA$242,288, Enterprise Account Executives at Rackspace Technology can expect between CA$59,437 and CA$133,734 in annual variable compensation.
The median base salary for Enterprise Account Executive at Rackspace Technology is CA$143,226 per year, which is 12% higher than the median base salary of the global salary role.
Top performer earnings for Enterprise Account Executive at Rackspace Technology ranged between CA$589,625 and CA$600,875. 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 CA$568,244.
We estimate the typical annual quota for Enterprise Account Executive at Rackspace Technology is approximately CA$1,211,440, which follows the common industry standard of roughly 5x on-target earnings (OTE).
The average deal size is CA$205,176. At that rate, a Enterprise Account Executive needs to close approximately 6 deals per year to reach the typical CA$1,211,440 quota.
Roughly 40.0% of Enterprise Account Executives at Rackspace Technology hit or exceed their annual quota, earning at least CA$99,062 in variable compensation; those below quota earn proportionally less.
The average sales cycle for a Enterprise Account Executive at Rackspace Technology is approximately 102 days from first conversation to closed-won.
