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Hi guys,

I was wondering how much can salespeople make on a real-term basis.

Can they actually make a lot of money, like most guides out there claim?

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Comments (18)

  • bfin's picture

    s&t salespeople or the sales people at verizon?

    The answer to your question is 1) network 2) get involved 3) beef up your resume 4) repeat -happypantsmcgee

    WSO is not your personal search function.

  • YoungHedge's picture

    It depends on the sales. Most of my friends and family are involved in the sales profession and it greatly varies. Venture capital sales and hedge fund raisers is the most lucrative and these sales guys can make seven figures plus. Telemarketers at the low end make $8 an hour. Sales is the most merit based profession out there, you will get paid on how well you can sell. Sales is also part of most start-ups and successful serial entrepreneurs do very well financially.

    In finance, S&T guys make about what turtle says plus bonuses. I personally am more into the asset management side of finance, but sales skills are always useful (especially when I'll need to raise capital for starting a fund eventually).

  • Studiofan's picture

    My broke friend says he is in "sales" and works as a telemarketer, while another family friend who also says he is in sales (medical equipment) has a yacht. It really depends

  • Batrick Pateman's picture

    S&T Associate 90K base (in credit derivatives)

    bonuses are consistently over 100K . i consistently see MD making over 1M.

    boutique firm non usa

    late twenties

  • In reply to bfin
    shd2109's picture

    blackfinancier:
    s&t salespeople or the sales people at verizon?

    I am obviously talking about S&T sales.

    S18H01D06

  • In reply to shd2109
    bfin's picture

    shd2109:
    blackfinancier:
    s&t salespeople or the sales people at verizon?

    I am obviously talking about S&T sales.

    yeah you made that real obvious.

    The answer to your question is 1) network 2) get involved 3) beef up your resume 4) repeat -happypantsmcgee

    WSO is not your personal search function.

  • In reply to turtles
    turtles's picture

    turtles:
    shd2109:
    blackfinancier:
    s&t salespeople or the sales people at verizon?

    I am obviously talking about S&T sales.


    first a 1st year analyst at a BB in NY it will look something like this:
    20k signing bonus
    80k salary
    60-80k bonus

    and they don't work weekends so in that way it's better than IB
  • ILOVENYGUY's picture

    A decent MD (not a super star) at a BB $1-2mn/year these days

  • In reply to turtles
    rickyross's picture

    Deleted

    People tend to think life is a race with other people. They don't realize that every moment they spend sprinting towards the finish line is a moment they lose permanently, and a moment closer to their death.

  • In reply to turtles
    Gr4v1ty's picture

    turtles:

    first a 1st year analyst at a BB in NY it will look something like this:
    20k signing bonus
    80k salary
    60-80k bonus

    That seems a bit high overall - I thought it was standard 70K + 10k signing bonus still?

    I'd love if I get a 60-80k bonus my first year in S&T...

  • In reply to turtles
    Bernankey's picture

    turtles:
    shd2109:
    blackfinancier:
    s&t salespeople or the sales people at verizon?

    I am obviously talking about S&T sales.


    first a 1st year analyst at a BB in NY it will look something like this:
    20k signing bonus
    80k salary
    60-80k bonus

    Bull. No bank pays that.

  • dmackorth's picture

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  • bankster's picture
  • heister's picture

    Follow the shit your fellow monkeys say @shitWSOsays

    Life is hard, it's even harder when you're stupid - John Wayne