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The differences between relationship managers and customer success 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 manager and a customer success manager. Additionally, a customer success manager has an average salary of $93,820, which is higher than the $83,761 average annual salary of a relationship manager.
The top three skills for a relationship manager include client relationships, work ethic and strong work ethic. The most important skills for a customer success manager are client facing, cloud, and account management.
| Relationship Manager | Customer Success Manager | |
| Yearly salary | $83,761 | $93,820 |
| Hourly rate | $40.27 | $45.11 |
| Growth rate | 5% | 5% |
| Number of jobs | 72,920 | 95,053 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 78% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A relationship manager is responsible for maintaining a positive and professional relationship with customers and business partners, ensuring the highest customer satisfaction and good reputation. Relationship managers advise management on identifying business opportunities by analyzing the current market trends that would help generate revenues and increase its profitability. They connect with the marketing and sales team for product and services innovation, create compelling sales pitches, and develop customer service processes to assist customers with their inquiries and concerns efficiently.
A customer success manager works to understand repeat customers and prioritize their long-term needs. Primarily, they manage the customer relationship and give them prompt value propositions. They act as mentors to customers by educating them about the sales process and ensure efficient transaction processing. Their tasks include advocating for the company, onboarding customers to the products, follow-up on renewals, and encouraging cross-sells and upsells. Additionally, they build relationships with the customer and the support team as well as advocating customers' needs.
Relationship managers and customer success managers have different pay scales, as shown below.
| Relationship Manager | Customer Success Manager | |
| Average salary | $83,761 | $93,820 |
| Salary range | Between $56,000 And $123,000 | Between $61,000 And $142,000 |
| Highest paying City | San Francisco, CA | Redwood City, CA |
| Highest paying state | New York | California |
| Best paying company | VMware | |
| Best paying industry | Finance | Technology |
There are a few differences between a relationship manager and a customer success manager in terms of educational background:
| Relationship Manager | Customer Success Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between relationship managers' and customer success managers' demographics:
| Relationship Manager | Customer Success Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 53.5% Female, 46.5% | Male, 54.9% Female, 45.1% |
| 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% |