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      ScholarBuys

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      Account Executive Interview

      3 May 2019
      Anonymous employee
      Carpentersville, IL
      Accepted offer
      Positive experience
      Easy interview

      Application

      I applied through university. The process took 2 days. I interviewed at ScholarBuys (Carpentersville, IL) in Mar 2018

      Interview

      I interviewed here in the Spring of 2018 for an Account Executive position. I learned about ScholarBuys through a career fair at NIU and they reached out via email to set up an interview. The process was two onsite interviews before they made me an offer. In my opinion, the offer package was quite low. Their Base salary offering is quite low. $35,000 base plus a questionable bonus plan structure that was very unclear in their offer letter. The letter mentions 1% for a lower end sale (up to $5,000), 5% for a sale up to $15,000, and then 15% for anything above that. One of the partners mentioned that typical commission for a first year employee is around $5,000, which would put the total package at around $40,000. I politely declined their offer, knowing my work is work more and now have made nearly 45% more than they were offering in my first year at another company. Additionally, first year employees accrue PTO at a rate of 1.54 hours per work work. That is unreal, only 10 PTO days per year? This needs to be increased if they want to attract talent to their organization. BCBS Insurance Plans are pretty standard

      Interview questions [1]

      Question 1

      Can you describe how you would reach out to Public/Private Schools or Universities to inquire about their tech needs?
      Answer question
      avatar
      ScholarBuys response
      7y
      Thank you for the feedback! We really enjoyed meeting with you last spring and hope you found something that was a good fit. It sounds like we need to do a better job at clarifying our compensation structure to candidates. The floor compensation for our sales people in 2018 was above $70,000 (Base + Commission and Bonuses). In addition to the 10 days of PTO we also provide up to 10 days of paid federal holidays and a 5 days paid winter shut down. We feel 25 days of total paid time off to start is pretty competitive. We also offer Health, Life, Dental, Vision plans and a matched 401K. Thanks again for reaching out and giving us your feedback!

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