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The differences between relationship account managers and global account 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 relationship account manager and a global account manager. Additionally, a global account manager has an average salary of $123,233, which is higher than the $65,213 average annual salary of a relationship account manager.
The top three skills for a relationship account manager include account management, CRM and business development. The most important skills for a global account manager are global account, account management, and customer satisfaction.
| Relationship Account Manager | Global Account Manager | |
| Yearly salary | $65,213 | $123,233 |
| Hourly rate | $31.35 | $59.25 |
| Growth rate | 5% | 5% |
| Number of jobs | 149,358 | 173,713 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 79% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
Relationship Account Managers help financial service organizations oversee sales and nourish their relationship with the assigned clients. They are assigned to clients depending on the service needs, product needs, industry, and geography. These professionals ensure the products or services perform to expectations by engaging with the assigned clients. They launch other groups' complementary products or services and recommend new services or products. Also, they ensure new accounts generate more sales revenue by contacting new potential clients.
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.
Relationship account managers and global account managers have different pay scales, as shown below.
| Relationship Account Manager | Global Account Manager | |
| Average salary | $65,213 | $123,233 |
| Salary range | Between $46,000 And $91,000 | Between $87,000 And $174,000 |
| Highest paying City | Richmond, CA | San Francisco, CA |
| Highest paying state | New York | California |
| Best paying company | Adobe | Meta |
| Best paying industry | Finance | Technology |
There are a few differences between a relationship account manager and a global account manager in terms of educational background:
| Relationship Account Manager | Global Account Manager | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 79% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between relationship account managers' and global account managers' demographics:
| Relationship Account Manager | Global Account Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 52.9% Female, 47.1% | Male, 72.6% Female, 27.4% |
| 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% |