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The differences between strategic account executives and account managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a strategic account executive has an average salary of $119,268, which is higher than the $68,535 average annual salary of an account manager.
The top three skills for a strategic account executive include digital transformation, cloud and salesforce. The most important skills for an account manager are customer service, account management, and healthcare.
| Strategic Account Executive | Account Manager | |
| Yearly salary | $119,268 | $68,535 |
| Hourly rate | $57.34 | $32.95 |
| Growth rate | 5% | 5% |
| Number of jobs | 130,703 | 152,261 |
| Job satisfaction | 4.5 | 4 |
| Most common degree | Bachelor's Degree, 82% | Bachelor's Degree, 70% |
| Average age | 44 | 46 |
| Years of experience | - | 8 |
A strategic account executive is in charge of devising strategies to improve services and build positive relationships with key clients. Their responsibilities revolve around maintaining an active communication line with clients to determine their needs, promptly responding to issues and concerns, coordinating clients with other teams, and liaising with various agencies. There are also instances when one must collaborate with analysts to develop new client opportunities, monitor the progress of the sale, and manage the workflow and the workforce.
Account managers are employees who act as the bridge between the company they represent and the client of the company. They are assigned to handle specific clients so that the company will be able to tailor-fit any product or service according to the clients' requirements. Account managers are responsible for maintaining a harmonious relationship between the two parties by ensuring that any agreement made is amenable to both the company and the client. They are also responsible for ensuring that the company will be able to provide the needs of the client within any limitation that the client may have. Account managers also ensure that the company's reputation and well-being are always considered in any dealings.
Strategic account executives and account managers have different pay scales, as shown below.
| Strategic Account Executive | Account Manager | |
| Average salary | $119,268 | $68,535 |
| Salary range | Between $79,000 And $179,000 | Between $42,000 And $110,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Washington |
| Best paying company | Mayo Clinic | NVIDIA |
| Best paying industry | Health Care | Technology |
There are a few differences between a strategic account executive and an account manager in terms of educational background:
| Strategic Account Executive | Account Manager | |
| Most common degree | Bachelor's Degree, 82% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between strategic account executives' and account managers' demographics:
| Strategic Account Executive | Account Manager | |
| Average age | 44 | 46 |
| Gender ratio | Male, 63.4% Female, 36.6% | Male, 54.8% Female, 45.2% |
| Race ratio | Black or African American, 6.6% Unknown, 4.0% Hispanic or Latino, 15.7% Asian, 5.5% White, 67.8% American Indian and Alaska Native, 0.4% | 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 | 5% | 7% |