Paystand

Item: Paystand
Rating: 2.6
Author: RepVue

Work in talent acquisition or recruiting at Paystand? Claim your free profile to hire top sales talent, respond to reviews and questions, and highlight your talent brand!

Profile Highlights

Competitive Salaries

OTE at Paystand for SMB Account Executives is highly competitive compared to industry peers. View salaries

Performance Category Ratings

See how employees rated Paystand in RepVue’s key performance categories.

Category Score

Industry Percentile

Industry Rank

Culture and Leadership

2.8

31st%of Software orgs

# 1,578of 2,276 Software orgs

Base Compensation

2.9

12th%of Software orgs

# 2,020of 2,276 Software orgs

Incentive Compensation Structure

2.4

7th%of Software orgs

# 2,131of 2,276 Software orgs

Product - Market Fit

2.8

13th%of Software orgs

# 1,995of 2,276 Software orgs

Professional Development and Training

2.5

27th%of Software orgs

# 1,681of 2,276 Software orgs

Inbound Lead / Opportunity Flow

2.0

17th%of Software orgs

# 1,892of 2,276 Software orgs

Diversity and Inclusion

3.2

21st%of Software orgs

# 1,808of 2,276 Software orgs

About Paystand

Greater San Jose Area

Paystand's on a mission to create a more open financial system, starting with B2B payments. Using blockchain and cloud technology, we pioneered Payments-as-a-Service to digitize and...More

Percent that Attain Quota?

of team members typically hit their quota

Software Industry Average

40%

Global Average

43%

Salaries

Job Role

Median Base Pay

Median OTE

Top Performer

Sales Development ManagerSalary data from 4 ratings

Sales Development RepresentativeSalary data from 5 ratings

SMB Account ExecutiveSalary data from 5 ratings

Reviews

Current Employee

3.3

Aug 1, 2024

The company offers appealing benefits and perks, such as provided lunches, a wellness allowance, and a flexible spending account. However, it falls short in several key areas. The quota attainment is quite low, and there is minimal training or skill development provided. The team structure is also lacking, leading to a disconnect among team members and insufficient...Read More

1 Useful

Current Employee

3.4

Jul 24, 2024

Fairly good experience so far. Lots of turnover in leadership. Huge push for IPO leads to extremely high quotas and low attainment. People are very cool and fun to work with. Lunches included is nice. Biggest knock by far is the low attainment, if 20% of reps hit quota each quarter that is considered good. TAM is smaller than leadership would want you to believe.

1 Useful

View All Reviews

Anonymous Q&A

Anonymous Sales ProJul 30, 2024

How achievable are the sales quotas at Paystand, and what has been the trend in quota adjustments over the past few quarters?

Current Paystand EmployeeTop AnswerJul 30, 2024

1 Answer

Anonymous Sales ProMay 20, 2024

What does a typical sales cycle look like in your role at Paystand? Have you found it to be becoming increasingly challenging or easier to close deals in recent times?

Current Paystand EmployeeTop AnswerMay 20, 2024

1 Answer

View all Q&A

Employee Ratings

Total Employee Ratings

Total Ratings

Ratings Verified by RepVue

Verified Ratings

90%

Job Categories

Account Executive

46%

SDR / BDR

28%

Leadership Roles

12%

Channel Sales / Partnerships

Other

Employee Status

Ratings submitted by current employees

78%

Ratings submitted by former employees

23%

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Frequently Asked Questions

Paystand has an overall employee rating of 2.6 out of 5 and a RepVue score of 69.06. They are ranked #2058 out of all Software organizations.

Currently it is reported that 9.1% of the reps at Paystand are hitting quota.

Paystand has a rating of 2.8 out of 5 for culture and leadership. They are ranked #3440 in this category out of 5006 companies.

Paystand has a rating of 2.8 out of 5 for Product - Market Fit and is ranked #1995 out of 2276 Software companies.

About Paystand

Greater San Jose Area

Paystand's on a mission to create a more open financial system, starting with B2B payments. Using blockchain and cloud technology, we pioneered Payments-as-a-Service to digitize and...More