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Sales account manager hiring summary. Here are some key points about hiring sales account managers in the United States:
Here's a step-by-step sales account manager hiring guide:
The account sales manager is in charge of the retention of their customer relationship. They have to supervise the portfolio of existing clients, develop new business with them, and seek new sales opportunities. Account sales managers act as liaisons between the company and customer as well as build strong, long-lasting relationships by providing an improved customer experience. It is their responsibility to negotiate contracts and close deals to maximize sales profits. Also, they forecast track sales results and prepare reports on account status.
Before you start hiring a sales account manager, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
You should also consider the ideal background you'd like them a sales account manager to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a sales account manager that fits the bill.
Here's a comparison of sales account manager salaries for various roles:
Type Of Sales Account Manager | Description | Hourly Rate |
---|---|---|
Sales Account Manager | Sales managers direct organizations' sales teams. They set sales goals, analyze data, and develop training programs for organizations’ sales representatives. | $15-48 |
Business Development Sales Manager | A business development sales manager is in charge of securing sales by reaching out to clients through calls, correspondence, or appointments. Their responsibilities often revolve around performing research and analysis to identify new leads and sales opportunities, offering different products and services, and creating proposals and price quotes for potential clients... Show More | $32-86 |
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 sales account manager job description is one of the best ways to attract top talent. A sales account manager can vary based on:
Rank | State | Avg. Salary | Hourly Rate |
---|---|---|---|
1 | California | $85,346 | $41 |
2 | Washington | $71,925 | $35 |
3 | Oregon | $69,958 | $34 |
4 | Virginia | $67,806 | $33 |
5 | New York | $63,799 | $31 |
6 | District of Columbia | $63,300 | $30 |
7 | Michigan | $63,272 | $30 |
8 | Illinois | $62,634 | $30 |
9 | Texas | $61,520 | $30 |
10 | Utah | $61,080 | $29 |
11 | Pennsylvania | $59,669 | $29 |
12 | Arizona | $59,664 | $29 |
13 | North Carolina | $58,542 | $28 |
14 | Florida | $58,070 | $28 |
15 | Indiana | $58,049 | $28 |
16 | Connecticut | $56,825 | $27 |
17 | Massachusetts | $55,469 | $27 |
18 | Colorado | $55,084 | $26 |
19 | Oklahoma | $53,540 | $26 |
20 | Georgia | $52,975 | $25 |
Rank | Company | Average Salary | Hourly Rate | Job Openings |
---|---|---|---|---|
1 | $139,961 | $67.29 | 47 | |
2 | Microsoft | $137,798 | $66.25 | 59 |
3 | Apple | $132,901 | $63.89 | 45 |
4 | Thoughtworks | $123,103 | $59.18 | 2 |
5 | Corsair | $118,496 | $56.97 | 2 |
6 | Dell | $117,492 | $56.49 | 43 |
7 | Hitachi Vantara | $117,180 | $56.34 | 5 |
8 | KLA | $116,796 | $56.15 | 3 |
9 | Amd | $112,752 | $54.21 | 5 |
10 | Institute of Food Technologists | $112,451 | $54.06 | 1 |
11 | Renesas Electronics | $111,311 | $53.51 | 54 |
12 | Micron Technology | $108,526 | $52.18 | 4 |
13 | HP | $108,291 | $52.06 | 115 |
14 | Adobe | $104,793 | $50.38 | 34 |
15 | Amphenol | $102,551 | $49.30 | 11 |
16 | Amazon | $102,022 | $49.05 | 711 |
17 | OSIsoft | $101,297 | $48.70 | |
18 | Infineon Technologies | $99,982 | $48.07 | 6 |
19 | OmniVision Technologies | $99,288 | $47.73 | |
20 | Scientific Games | $99,138 | $47.66 | 2 |
A good sales account manager job description should include a few things:
Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a sales account manager job description:
There are a few common ways to find sales account managers for your business:
Your first interview with sales 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.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the sales account manager candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
To prepare for the new sales 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 sales account manager comes with both the one-time cost per hire and ongoing costs. The cost of recruiting sales 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 sales account manager recruiting as well the ongoing costs of maintaining the new employee.
You can expect to pay around $58,630 per year for a sales 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 sales account managers in the US typically range between $15 and $48 an hour.