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Senior account manager hiring summary. Here are some key points about hiring senior account managers in the United States:
Here's a step-by-step senior account manager hiring guide:
A senior account manager is in charge of managing and overseeing accounts in sales work, ensuring to meet all sales targets. Among the tasks of a senior account manager includes taking the lead and supervising workforce to its efficiency, devising strategies, and coming up with new opportunities to boost sales and strengthen client base. Moreover, it is also the task of a senior account manager to engage with clients, focusing on networking to attain better deals.
Before you start hiring a senior 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.
Hiring the perfect senior account manager also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
The following list breaks down different types of senior account managers and their corresponding salaries.
| Type of Senior Account Manager | Description | Hourly rate |
|---|---|---|
| Senior Account Manager | Sales managers direct organizations' sales teams. They set sales goals, analyze data, and develop training programs for organizations’ sales representatives. | $27-61 |
| Sales Manager | Sales managers are responsible for leading the organization's sales team. They oversee the progress and performance of the whole team, set area assignments to team members, and set weekly or monthly quotas... Show more | $20-62 |
| Territory Sales Manager | A territory sales manager is a professional who supervises the daily sales operations of sales representatives that are assigned to a particular location. Territory sales managers are required to meet sales targets to gain an increase in revenues and must maintain excellent customer relationships... Show more | $23-54 |
Including a salary range in your senior account manager job description is one of the best ways to attract top talent. A senior account manager can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Virginia | $96,757 | $47 |
| 2 | Indiana | $95,260 | $46 |
| 3 | Washington | $94,697 | $46 |
| 4 | New York | $94,589 | $45 |
| 5 | California | $94,468 | $45 |
| 6 | Massachusetts | $90,954 | $44 |
| 7 | Maryland | $90,670 | $44 |
| 8 | Ohio | $90,561 | $44 |
| 9 | Connecticut | $88,927 | $43 |
| 10 | Pennsylvania | $88,251 | $42 |
| 11 | District of Columbia | $84,659 | $41 |
| 12 | Texas | $83,121 | $40 |
| 13 | Illinois | $82,727 | $40 |
| 14 | Hawaii | $82,504 | $40 |
| 15 | North Carolina | $81,463 | $39 |
| 16 | Minnesota | $80,514 | $39 |
| 17 | Arizona | $78,516 | $38 |
| 18 | Wisconsin | $73,364 | $35 |
| 19 | Georgia | $71,881 | $35 |
| 20 | Utah | $71,820 | $35 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | NVIDIA | $177,585 | $85.38 | 22 |
| 2 | $151,182 | $72.68 | 80 | |
| 3 | Capgemini | $142,868 | $68.69 | 46 |
| 4 | Exelixis | $141,908 | $68.22 | |
| 5 | CITGO Petroleum | $140,195 | $67.40 | |
| 6 | Tech Mahindra | $136,776 | $65.76 | |
| 7 | ServiceNow | $136,587 | $65.67 | 158 |
| 8 | Marlabs | $136,034 | $65.40 | |
| 9 | Hexaware Technologies | $135,198 | $65.00 | |
| 10 | Bimbo Bakeries | $132,814 | $63.85 | |
| 11 | Yahoo | $132,481 | $63.69 | |
| 12 | American Tower | $132,116 | $63.52 | 5 |
| 13 | Seagen | $130,776 | $62.87 | |
| 14 | Nasuni | $130,584 | $62.78 | |
| 15 | Everyday Health | $129,868 | $62.44 | 5 |
| 16 | Amneal Pharmaceuticals | $129,355 | $62.19 | |
| 17 | Infineon Technologies | $129,000 | $62.02 | 2 |
| 18 | Novavax | $127,268 | $61.19 | |
| 19 | MAJIQ | $126,969 | $61.04 | |
| 20 | Amazon | $125,506 | $60.34 | 412 |
A good senior 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 senior account manager job description:
To find the right senior account manager for your business, consider trying out a few different recruiting strategies:
To successfully recruit senior account managers, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete 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 senior 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 senior 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.
There are different types of costs for hiring senior account managers. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new senior account manager employee.
You can expect to pay around $86,129 per year for a senior 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 senior account managers in the US typically range between $27 and $61 an hour.