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Commercial account executive hiring summary. Here are some key points about hiring commercial account executives in the United States:
Here's a step-by-step commercial account executive hiring guide:
A commercial account executive is responsible for income growth in new trademark and existing accounts within an assigned area and ensuring all key measures are delivered. Commercial account executives are primarily responsible for the principal generation and opportunity formation. They work with Marketing, Sales Development, Customer Success, and Professional Services departments to proactively develop and implement an area plan. Also, they work with accounts via telephone, email, in person, and other online means. Additionally, they provide direction and guidance to the extended territory team and leadership to ensure individual and team success. Candidates for this position must have executive-level selling skills.
Before you start hiring a commercial account executive, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
Hiring the perfect commercial account executive also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
This list presents commercial account executive salaries for various positions.
| Type of Commercial Account Executive | Description | Hourly rate |
|---|---|---|
| Commercial Account Executive | Wholesale and manufacturing sales representatives sell goods for wholesalers or manufacturers to businesses, government agencies, and other organizations. They contact customers, explain product features, answer any questions that their customers may have, and negotiate prices. | $24-54 |
| Business Developer | A business developer specializes in conducting in-depth business analysis and crafting various strategies that would not just help a business grow, but also strengthen client base and brand awareness. One of their primary responsibilities revolves around identifying areas in need of improvement... Show more | $31-75 |
| New Business Development | New business development focuses on new business opportunities and new product innovation, including product design, business model design, and marketing. This includes a wide scope of responsibilities that includes marketing planning, strategic partnerships, and increased profitability... Show more | $27-58 |
Including a salary range in the commercial account executive job description is a good way to get more applicants. A commercial account executive salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for a commercial account executive in Tennessee may be lower than in Washington, and an entry-level engineer typically earns less than a senior-level commercial account executive. Additionally, a commercial account executive with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington | $92,652 | $45 |
| 2 | Massachusetts | $90,619 | $44 |
| 3 | New Hampshire | $87,039 | $42 |
| 4 | Connecticut | $86,718 | $42 |
| 5 | Nevada | $83,783 | $40 |
| 6 | New Jersey | $82,446 | $40 |
| 7 | California | $82,069 | $39 |
| 8 | Ohio | $79,565 | $38 |
| 9 | North Dakota | $78,476 | $38 |
| 10 | Michigan | $77,999 | $38 |
| 11 | New York | $77,783 | $37 |
| 12 | Oregon | $77,212 | $37 |
| 13 | Utah | $76,531 | $37 |
| 14 | Montana | $75,911 | $37 |
| 15 | Virginia | $75,674 | $36 |
| 16 | Colorado | $75,417 | $36 |
| 17 | Minnesota | $75,007 | $36 |
| 18 | Arizona | $73,586 | $35 |
| 19 | Maryland | $72,624 | $35 |
| 20 | Kansas | $72,430 | $35 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | VMware | $142,071 | $68.30 | |
| 2 | Accenture | $137,896 | $66.30 | 60 |
| 3 | Databricks | $136,242 | $65.50 | 24 |
| 4 | Meta | $128,589 | $61.82 | 6 |
| 5 | Microsoft | $120,061 | $57.72 | 34 |
| 6 | Egnyte | $114,065 | $54.84 | 6 |
| 7 | Sumo Logic | $113,276 | $54.46 | 13 |
| 8 | Five9 | $112,467 | $54.07 | 1 |
| 9 | Cohesity | $111,881 | $53.79 | 35 |
| 10 | Tableau | $107,687 | $51.77 | |
| 11 | ServiceNow | $104,645 | $50.31 | 158 |
| 12 | Fastly | $104,584 | $50.28 | 9 |
| 13 | Algolia | $103,584 | $49.80 | |
| 14 | Pluralsight | $101,090 | $48.60 | 2 |
| 15 | Asana | $100,111 | $48.13 | 10 |
| 16 | Vista Equity Partners | $98,319 | $47.27 | 4 |
| 17 | TripActions | $97,778 | $47.01 | |
| 18 | ZeroCater | $96,915 | $46.59 | |
| 19 | Engineered Floors | $96,893 | $46.58 | 4 |
| 20 | Proofpoint | $94,180 | $45.28 | 84 |
A job description for a commercial account executive role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a commercial account executive job description:
To find commercial account executives for your business, try out a few different recruiting strategies:
During your first interview to recruit commercial account executives, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've selected the best commercial account executive candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
There are different types of costs for hiring commercial account executives. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new commercial account executive employee.
You can expect to pay around $75,624 per year for a commercial account executive, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for commercial account executives in the US typically range between $24 and $54 an hour.