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PRINTABLE FIELD NOTES

Compensation terminology

Use this before an interview or during a focused review.

All reference sheets

Compensation terminology

The position, location and compensation plan are unconfirmed. Ask for the actual written terms rather than inferring a salary band.

Compensation terminology reference
BaseFixed salary component before tax and deductions. Confirm currency, location and level.
VariablePerformance-conditioned pay. Ask which goals are individual, team or account based and how attribution works.
OTEOn-target earnings: base plus variable at target performance. It is not guaranteed pay.
Quota attainmentPerformance against assigned target. Ask about the distribution of attainment and territory changes, not just top performers.
Ramp / draw / acceleratorsRamp modifies initial expectations; a draw may advance commission under specified terms; accelerators alter payout above thresholds. Ask whether a draw is recoverable.
EquityInstrument, grant units, vesting, exercise terms where relevant, liquidity and tax treatment vary. Avoid comparing grant headline values as guaranteed cash.
Location and total packageTerritory or geographic adjustments, benefits, leave, travel and refresh grants affect the full offer. Ask when reviews occur.
Sources and context