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The differences between named account executives and account executives can be seen in a few details. Each job has different responsibilities and duties. Additionally, a named account executive has an average salary of $110,050, which is higher than the $69,618 average annual salary of an account executive.
The top three skills for a named account executive include customer service, business relationships and cloud. The most important skills for an account executive are customer service, CRM, and healthcare.
| Named Account Executive | Account Executive | |
| Yearly salary | $110,050 | $69,618 |
| Hourly rate | $52.91 | $33.47 |
| Growth rate | 4% | 5% |
| Number of jobs | 156,204 | 205,561 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 83% | Bachelor's Degree, 78% |
| Average age | 44 | 44 |
| Years of experience | - | - |
A named account executive is responsible for handling client accounts in an organization, ensuring that the project team provides timely and high-quality deliverables according to the clients' specifications and business requirements. Named account executives coordinate with the marketing and sales team to increase the public's brand awareness about the goods and services the company offers, attracting potential clients and business partners, and identify opportunities that would generate more resources for revenue and profits. A named account executive must have excellent communication and organizational skills, especially on reaching out to the clients for any adjustments on the project management procedures.
An account executive is responsible for supporting existing clients, closing client deals, and developing sales strategies to increase the company's sales and satisfaction. An account executive must be competitive enough to keep up with the constant changes in the sales industry, including the high demands of digital marketing, a different approach to product advertising, effective negotiation, and presentation skills. An account executive also requires excellent communication skills for the successful acquisition of client accounts and immediately resolve possible complaints as they arise.
Named account executives and account executives have different pay scales, as shown below.
| Named Account Executive | Account Executive | |
| Average salary | $110,050 | $69,618 |
| Salary range | Between $61,000 And $198,000 | Between $44,000 And $109,000 |
| Highest paying City | - | Portland, OR |
| Highest paying state | - | Oregon |
| Best paying company | - | Hitachi Vantara |
| Best paying industry | - | Finance |
There are a few differences between a named account executive and an account executive in terms of educational background:
| Named Account Executive | Account Executive | |
| Most common degree | Bachelor's Degree, 83% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between named account executives' and account executives' demographics:
| Named Account Executive | Account Executive | |
| Average age | 44 | 44 |
| Gender ratio | Male, 71.5% Female, 28.5% | Male, 57.2% Female, 42.8% |
| Race ratio | Black or African American, 6.6% Unknown, 4.0% Hispanic or Latino, 15.8% Asian, 5.5% White, 67.7% American Indian and Alaska Native, 0.4% | Black or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 16.3% Asian, 5.6% White, 66.9% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 5% | 5% |