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The differences between account managers and corporate account managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an account manager and a corporate account manager. Additionally, a corporate account manager has an average salary of $90,069, which is higher than the $68,535 average annual salary of an account manager.
The top three skills for an account manager include customer service, account management and healthcare. The most important skills for a corporate account manager are healthcare, account management, and customer relationships.
| Account Manager | Corporate Account Manager | |
| Yearly salary | $68,535 | $90,069 |
| Hourly rate | $32.95 | $43.30 |
| Growth rate | 5% | 5% |
| Number of jobs | 152,261 | 170,741 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 79% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
Account managers are employees who act as the bridge between the company they represent and the client of the company. They are assigned to handle specific clients so that the company will be able to tailor-fit any product or service according to the clients' requirements. Account managers are responsible for maintaining a harmonious relationship between the two parties by ensuring that any agreement made is amenable to both the company and the client. They are also responsible for ensuring that the company will be able to provide the needs of the client within any limitation that the client may have. Account managers also ensure that the company's reputation and well-being are always considered in any dealings.
The duties of a corporate account manager depend on one's line of work or industry of employment. Typically, they are responsible for building a company's client base by devising strategies to identify market opportunities, reaching out to clients through calls and correspondence, and securing sales by offering products and services. They may also resolve issues and concerns, answer inquiries, process payments, and create billing plans as necessary. Furthermore, as a corporate account manager, it is essential to lead and encourage team members, all while implementing the company's policies and regulations.
Account managers and corporate account managers have different pay scales, as shown below.
| Account Manager | Corporate Account Manager | |
| Average salary | $68,535 | $90,069 |
| Salary range | Between $42,000 And $110,000 | Between $54,000 And $147,000 |
| Highest paying City | San Francisco, CA | Voorhees, NJ |
| Highest paying state | Washington | New Jersey |
| Best paying company | NVIDIA | Clean Harbors |
| Best paying industry | Technology | - |
There are a few differences between an account manager and a corporate account manager in terms of educational background:
| Account Manager | Corporate Account Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 79% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between account managers' and corporate account managers' demographics:
| Account Manager | Corporate Account Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 54.8% Female, 45.2% | Male, 63.9% Female, 36.1% |
| Race ratio | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 7% |