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The differences between account services representatives and business representatives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both an account services representative and a business representative. Additionally, a business representative has an average salary of $51,604, which is higher than the $32,467 average annual salary of an account services representative.
The top three skills for an account services representative include customer satisfaction, work ethic and technical support. The most important skills for a business representative are customer service, patients, and powerpoint.
| Account Services Representative | Business Representative | |
| Yearly salary | $32,467 | $51,604 |
| Hourly rate | $15.61 | $24.81 |
| Growth rate | -4% | -4% |
| Number of jobs | 319,445 | 197,264 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 58% |
| Average age | 40 | 40 |
| Years of experience | 12 | 12 |
An account services representative is responsible for responding to the customers' inquiries and concerns regarding their financial accounts and statements. Account services representatives also offer new products and services from the financial institution, handling customers' complaints, assist in developing marketing strategies and promotional offers, and identify business opportunities to generate more revenues and attract potential clients. An account services representative must have excellent communication and customer service skills, processing their financial transactions, and resolve billing discrepancies.
Typically working as a member of a company's sales team, a business representative offers products and services to customers through appointments or calls and correspondence, securing sales and customer satisfaction. Among their responsibilities include answering inquiries, processing payments, assisting clients in filling out forms, negotiating contracts, developing sales strategies, researching new business and client opportunities, and producing sales reports. Furthermore, as a business representative, it is essential to have a great understanding of the company's vision and mission, including its policies and regulations.
Account services representatives and business representatives have different pay scales, as shown below.
| Account Services Representative | Business Representative | |
| Average salary | $32,467 | $51,604 |
| Salary range | Between $25,000 And $40,000 | Between $36,000 And $73,000 |
| Highest paying City | San Jose, CA | San Francisco, CA |
| Highest paying state | Alaska | Washington |
| Best paying company | Schneider Electric Industrial Services | Marathon Oil |
| Best paying industry | Automotive | Finance |
There are a few differences between an account services representative and a business representative in terms of educational background:
| Account Services Representative | Business Representative | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 58% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between account services representatives' and business representatives' demographics:
| Account Services Representative | Business Representative | |
| Average age | 40 | 40 |
| Gender ratio | Male, 35.5% Female, 64.5% | Male, 45.5% Female, 54.5% |
| Race ratio | Black or African American, 12.5% Unknown, 5.3% Hispanic or Latino, 19.1% Asian, 6.7% White, 55.6% American Indian and Alaska Native, 0.7% | Black or African American, 11.8% Unknown, 5.4% Hispanic or Latino, 21.2% Asian, 6.8% White, 54.1% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 7% | 7% |