- Job Description
- A formal document that defines a role's duties, reporting structure, qualifications, and employment terms — used for hiring, performance management, and compensation benchmarking.
- Business Development
- The function responsible for identifying, developing, and closing new revenue opportunities through partnerships, markets, channels, or strategic relationships.
- OTE (On-Target Earnings)
- The total annual compensation an employee earns when achieving 100% of their performance targets, combining base salary and variable incentive pay.
- KPI (Key Performance Indicator)
- A measurable value used to evaluate how effectively an employee or team is achieving defined business objectives.
- Non-Solicitation Clause
- A contractual restriction preventing a departing employee from recruiting the employer's staff or approaching its clients for a defined period after leaving.
- Confidentiality Obligation
- A binding requirement that the employee not disclose or use the employer's proprietary information — customer data, pricing, or strategic plans — during or after employment.
- Reporting Structure
- The formal hierarchy defining who the role reports to and, where applicable, who reports to the role — critical for authority, accountability, and compensation benchmarking.
- At-Will Employment
- A US employment doctrine allowing either party to end the relationship at any time for any lawful reason, without cause or advance notice unless contractually specified.
- Variable Compensation
- Pay that fluctuates based on performance, typically structured as a commission, bonus, or profit-share tied to revenue or deal volume targets.
- Equity Grant
- An award of company stock options or restricted stock units provided to a senior employee as part of their total compensation package, governed by a separate option agreement.
- Pipeline
- The tracked set of active revenue opportunities at various stages of development — from initial contact through signed contract — used to forecast future revenue.