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Corporate account manager hiring summary. Here are some key points about hiring corporate account managers in the United States:
Here's a step-by-step corporate account manager hiring guide:
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.
First, determine the employments status of the corporate account manager you need to hire. Certain corporate account manager roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
Hiring the perfect corporate account manager 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 shows salaries for various types of corporate account managers.
| Type of Corporate Account Manager | Description | Hourly rate |
|---|---|---|
| Corporate Account Manager | Sales managers direct organizations' sales teams. They set sales goals, analyze data, and develop training programs for organizations’ sales representatives. | $25-70 |
| Outside Sales Manager | An outside sales manager is responsible for monitoring the sales staff performance in selling goods and services to existing and potential clients and ensuring that the team meets sales objectives. Outside sales managers set reasonable sales targets and establish techniques to maximize the staff's efficiency and productivity... Show more | $24-66 |
| Product Manager/Sales | A sales product manager is responsible for monitoring the sales performance of a specific product and ensuring that the marketing strategies adhere to market standards and client requirements. Sales product managers work closely with the marketing and public relations team to enhance the product's brand image on various market platforms to reach the target audience... Show more | $36-75 |
Including a salary range in your corporate account manager job description helps attract top candidates to the position. A corporate account manager salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for a corporate account manager in Arkansas may be lower than in New Jersey, and an entry-level corporate account manager usually earns less than a senior-level corporate account manager. Additionally, a corporate account manager with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New Jersey | $123,148 | $59 |
| 2 | Massachusetts | $122,945 | $59 |
| 3 | Michigan | $115,632 | $56 |
| 4 | Washington | $115,377 | $55 |
| 5 | Connecticut | $113,552 | $55 |
| 6 | New York | $113,052 | $54 |
| 7 | California | $111,201 | $53 |
| 8 | Pennsylvania | $109,260 | $53 |
| 9 | Oregon | $97,868 | $47 |
| 10 | Wisconsin | $96,293 | $46 |
| 11 | Texas | $94,672 | $46 |
| 12 | Arizona | $94,097 | $45 |
| 13 | Minnesota | $88,442 | $43 |
| 14 | Illinois | $85,739 | $41 |
| 15 | Georgia | $84,899 | $41 |
| 16 | Ohio | $84,654 | $41 |
| 17 | Indiana | $79,577 | $38 |
| 18 | Florida | $79,085 | $38 |
| 19 | Oklahoma | $78,754 | $38 |
| 20 | Louisiana | $77,881 | $37 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Clean Harbors | $180,704 | $86.88 | 97 |
| 2 | Intuit | $168,175 | $80.85 | 50 |
| 3 | Siemens | $149,874 | $72.05 | 195 |
| 4 | CrowdStrike | $148,912 | $71.59 | 26 |
| 5 | GOJO Industries | $148,383 | $71.34 | |
| 6 | Hoffmann-LA Roche Inc | $146,121 | $70.25 | 21 |
| 7 | Citrix | $144,054 | $69.26 | 1 |
| 8 | HashiCorp | $140,058 | $67.34 | |
| 9 | Univar | $137,795 | $66.25 | 23 |
| 10 | Vermeer | $130,021 | $62.51 | |
| 11 | Nalco Holding Company | $129,911 | $62.46 | |
| 12 | Masimo | $128,888 | $61.97 | 6 |
| 13 | Smithfield Foods | $124,408 | $59.81 | 6 |
| 14 | Ledcor | $117,608 | $56.54 | |
| 15 | Synack | $116,742 | $56.13 | 5 |
| 16 | Teleflex | $116,266 | $55.90 | 15 |
| 17 | Avnet | $110,061 | $52.91 | 15 |
| 18 | Kaiser Permanente | $109,495 | $52.64 | 21 |
| 19 | Wenger Manufacturing | $100,497 | $48.32 | |
| 20 | Ecolab | $95,434 | $45.88 | 42 |
A job description for a corporate account manager 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 corporate account manager job description:
To find the right corporate account manager for your business, consider trying out a few different recruiting strategies:
Your first interview with corporate account manager candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've selected the best corporate account manager 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.
It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
To prepare for the new corporate account manager first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
Hiring a corporate account manager comes with both the one-time cost per hire and ongoing costs. The cost of recruiting corporate account managers involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of corporate account manager recruiting as well the ongoing costs of maintaining the new employee.
You can expect to pay around $90,069 per year for a corporate account manager, 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 corporate account managers in the US typically range between $25 and $70 an hour.