What You Need to Know About Oracle NetSuite Business Development Representative Salary
Are you interested in working as a Business Development Representative with Oracle NetSuite? Do you want to have an idea of what to expect when it comes to salary? If so, this article is for you. In this post, we will discuss the details of Oracle NetSuite Business Development Representative Salary.
Who is an Oracle NetSuite Business Development Representative?
An Oracle NetSuite Business Development Representative (BDR) is an entry-level sales position that includes lead generation, prospecting, and qualifying potential customers for Oracle NetSuite cloud-based business solutions. BDRs work closely with sales representatives, scheduling and coordinating appointments, and performing administrative tasks.
What is the Average Salary of an Oracle NetSuite Business Development Representative?
The average salary of an Oracle NetSuite Business Development Representative (BDR) in the United States is $50,000 per year. This includes bonuses, commission, and profit sharing. However, the salary range for a BDR can vary depending on various factors, such as experience, location, and performance.
Factors that Affect Oracle NetSuite Business Development Representative Salary
The salary of an Oracle NetSuite Business Development Representative (BDR) is affected by various factors, including:
1. Experience
The salary range for a BDR increases with experience. An entry-level BDR can expect to earn around $40,000 per year, while a BDR with more than five years of experience can earn up to $70,000 per year.
2. Location
The location of the BDR’s job can also impact the salary. For instance, a BDR working in San Francisco can earn up to 24% more than the national average salary due to the high cost of living in the area. Other places where BDRs earn more than the national average include New York City, Boston, and Washington, D.C.
3. Performance
The salary of an Oracle NetSuite Business Development Representative (BDR) is also affected by their performance. Top-performing BDRs earn more commission, bonuses, and profit sharing compared to low-performing BDRs.
Bonuses and Commission for Oracle NetSuite Business Development Representative
Apart from the base salary, Oracle NetSuite Business Development Representatives (BDRs) can expect to receive bonuses and commission. The typical bonus for an Oracle NetSuite BDR ranges from $1,000 to $10,000 per year, while commission ranges from 1% to 10% of the total sales revenue generated by the BDR.
Conclusion
Oracle NetSuite Business Development Representative Salary varies depending on various factors such as experience, location, and performance. The average salary for an Oracle NetSuite BDR is $50,000 per year, including bonuses, commission, and profit sharing. Also, top-performing BDRs earn more commission, bonuses, and profit sharing. If you are interested in working as an Oracle NetSuite Business Development Representative, the information contained in this article should give you an idea of what to expect in terms of salary.
