Definitions
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If you are looking for international positions then it’s important to understand
the following definitions:
O.T.E"
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This means on target earnings. Usually your
salary is linked to a form of bonus structure. If
you meet the necessary targets then a bonus is
applied to your basic or fixed salary.
Adverts for positions normally want to make the
positions sound more attractive to candidates
and this is a useful tool to attract those who are
more sales orientated.
The only problem with these types of positions
are that if targets are not met, your position is
under threat no matter how hard you have
worked. It’s worth noting that salaries tend to
be lower in the form of a basic wage.
Usually employees who are attracted to these
types of positions are know as good closers by
this we mean that they have vast experience in
achieving sales targets and so are used to
working under these contractual terms.
If you are prone to the rewards that bonuses
offer then you must be prepared to give more
than is expected. Extra hours at work to
achieve targets are a non negotiable standard
that has to be adhered to.
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CIRCA"
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K"
This term is used to describe an approximate salary. It means that it’s at
the discretion of a company to offer you what they think you are worth. It’s
not all bad news though as they give you an approximate sa \