Paystand

Item: Paystand
Rating: 2.7
Author: RepVue

65 Employee Ratings

65 Ratings

89% Verified

2.7

Rate this Company

RepVue Score

0

Paystand

65 Employee Ratings

89% Verified

2.7

69.58

RepVue Score

Home CompaniesPaystand

Performance Category Ratings

See how employees rated Paystand in RepVue’s key performance categories

Category Score

Industry Percentile

Industry Rank

Culture and Leadership

3.0

35th%of Software orgs

# 1,239of 1,903 Software orgs

Base Compensation

3.0

9th%of Software orgs

# 1,744of 1,903 Software orgs

Incentive Compensation Structure

2.5

4th%of Software orgs

# 1,841of 1,903 Software orgs

Product - Market Fit

2.8

7th%of Software orgs

# 1,770of 1,903 Software orgs

Professional Development and Training

2.6

28th%of Software orgs

# 1,376of 1,903 Software orgs

Inbound Lead / Opportunity Flow

1.8

7th%of Software orgs

# 1,776of 1,903 Software orgs

Diversity and Inclusion

3.3

21st%of Software orgs

# 1,522of 1,903 Software orgs

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About Paystand

San Jose (+Silicon Valley), CA

Paystand's on a mission to create a more open financial system, starting with B2B payments. Using blockchain and cloud technology, we pioneered Payments-as-a-Service to digitize and...More

Percent that Attain Quota?

of team members typically hit their quota

Software Industry Average

40%

Global Average

42%

Quota Attainment at Paystand

Salaries

Job Role

Median Base Pay

Median OTE

Top Performer

Sales Development RepresentativeSalary data from 8 ratings

Base Pay$45k

OTE$75k

Top Performers$95k

Mid Market Account ExecutiveSalary data from 8 ratings

Base Pay$70k

OTE$140k

Top Performers$187.5k

Account ExecutiveSalary data from 11 ratings

Base Pay$70k

OTE$140k

Top Performers$188.2k

View all Salaries

Salaries at Paystand

Reviews

Current Employee

2.0

Jan 5, 2024

Sucked, horrible base shockingly low quota attainment and I was top performer

Useful

Current Employee

4.0

Dec 18, 2023

Product is very good. In general it is not a hard sales cycle, as the product works as advertised and shows a positive ROI. Base salary is low for the industry, quotas are very high and most people do not reach them. That being said there is good training and perks.

1 Useful

View All Reviews

Reviews at Paystand

Anonymous Q&A

Anonymous Sales ProApr 8, 2024

Do territories at Paystand often change for sales employees? How is the comp plan structured for sales reps at Paystand?

Former Paystand EmployeeTop AnswerApr 27, 2024

1 Answer

Anonymous Sales ProFeb 23, 2024

What is the management style of sales teams at Paystand like?

Former Paystand EmployeeTop AnswerFeb 23, 2024

1 Answer

View all Q&A

Anonymous Q&A at Paystand

Employee Ratings

Total Employee Ratings

Total Ratings

Ratings Verified by RepVue

Verified Ratings

89%

Job Categories

Account Executive

40%

SDR / BDR

30%

Leadership Roles

13%

Channel Sales / Partnerships

10%

Other

Employee Status

Ratings submitted by current employees

78%

Ratings submitted by former employees

22%

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Frequently Asked Questions

Paystand has an overall employee rating of 2.7 out of 5 and a RepVue score of 69.58. They are ranked #1783 out of all Software organizations.

Currently it is reported that 10.1% of the reps at Paystand are hitting quota.

Paystand has a rating of 3.0 out of 5 for culture and leadership. They are ranked #2802 in this category out of 5696 companies.

Paystand has a rating of 2.8 out of 5 for Product - Market Fit and is ranked #1770 out of 1903 Software companies.