Breaking down the Oracle NetSuite Business Development Representative Salary: What to Expect?
Are you considering a career in business development or sales? Are you curious about the salary expectations of a Business Development Representative (BDR) at Oracle NetSuite? In this article, we will explore the salary breakdown for a BDR at Oracle NetSuite, as well as the factors that affect the salary level.
What is a Business Development Representative?
A BDR is responsible for generating new sales leads for the company by identifying potential customers and reaching out to them. They work closely with the sales team to qualify and nurture leads until they are ready to make a purchase. The role requires excellent communication and interpersonal skills, as well as persistence and tenacity.
Salary Breakdown
According to Glassdoor, the average base salary for a Business Development Representative at Oracle NetSuite is $58,187 per year. However, this figure can vary widely depending on factors such as location, experience level, and performance.
Location
The location of the job can have a significant impact on the salary level. For example, a BDR working in San Francisco can expect to earn around $68,000 per year, while a BDR in Austin, Texas, can expect to earn around $50,000 per year.
Experience Level
Experience is another critical factor in determining the salary level. A BDR with less than one year of experience can expect an average salary of $50,000 per year, while a BDR with five or more years of experience can earn as much as $85,000 per year.
Performance-based Incentives
In addition to the base salary, many companies offer performance-based incentives to motivate and reward their sales team. These incentives can take the form of commissions, bonuses, or stock options. At Oracle NetSuite, BDRs can earn an average of $19,000 per year in performance-based incentives, according to Glassdoor.
Conclusion
If you are considering a career as a Business Development Representative at Oracle NetSuite, you can expect an average base salary of $58,187 per year, with the potential for additional performance-based incentives. However, keep in mind that location and experience level can significantly impact your salary level. By understanding the salary breakdown and the factors that affect it, you can make an informed decision about your career path.
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