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The differences between global account managers and account development managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a global account manager and an account development manager. Additionally, a global account manager has an average salary of $123,233, which is higher than the $72,375 average annual salary of an account development manager.
The top three skills for a global account manager include global account, account management and customer satisfaction. The most important skills for an account development manager are customer relationships, customer accounts, and CRM.
| Global Account Manager | Account Development Manager | |
| Yearly salary | $123,233 | $72,375 |
| Hourly rate | $59.25 | $34.80 |
| Growth rate | 5% | 5% |
| Number of jobs | 173,713 | 214,004 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 78% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
Global Account Managers are employees who oversee the company's client accounts. They are part of the company's sales departments, and they specialize in ensuring that clients would continue their partnership or engagement with the company. They are in charge of taking care of their clients who are, at times, in different areas or regions. Global account managers look at the company's sales performance and recommend action steps to improve performance. They often take on challenging client accounts and manage the clients' relationship with the company. Global Account Managers also come up with strategies to ensure client engagement, retention, and loyalty.
An account development manager's responsibilities revolve around securing and reaching sales targets, creating business plans, developing strategies, and building positive relationships with clients. They must also reach out to clients through calls and correspondence, offer products and services, and address any issues and concerns, resolving them promptly and efficiently. There are also instances when they have to collect and process payments, perform follow-up calls, negotiate contracts, and even open and close accounts. Furthermore, as a manager, it is essential to lead and encourage the team to reach goals, all while implementing the company's policies and regulations.
Global account managers and account development managers have different pay scales, as shown below.
| Global Account Manager | Account Development Manager | |
| Average salary | $123,233 | $72,375 |
| Salary range | Between $87,000 And $174,000 | Between $43,000 And $120,000 |
| Highest paying City | San Francisco, CA | Sacramento, CA |
| Highest paying state | California | New York |
| Best paying company | Meta | NVIDIA |
| Best paying industry | Technology | Technology |
There are a few differences between a global account manager and an account development manager in terms of educational background:
| Global Account Manager | Account Development Manager | |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between global account managers' and account development managers' demographics:
| Global Account Manager | Account Development Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 72.6% Female, 27.4% | Male, 61.8% Female, 38.2% |
| 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% |