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Territory sales executive hiring summary. Here are some key points about hiring territory sales executives in the United States:
Here's a step-by-step territory sales executive hiring guide:
A territory sales executive is responsible for handling the distribution and selling of goods and services to existing and potential customers within an assigned territory. Territory sales executives identify business opportunities by analyzing current market trends and demands that would generate more revenue resources and increase the company's profitability. They also monitor sales performance, evaluate the staff performance, and develop efficient marketing techniques and strategies to promote the products well in the market and coordinate with other representatives across the region to share the best sales approaches.
Before you start hiring a territory sales executive, 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 territory sales executive 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 territory sales executive that fits the bill.
The following list breaks down different types of territory sales executives and their corresponding salaries.
| Type of Territory Sales Executive | Description | Hourly rate |
|---|---|---|
| Territory Sales Executive | Sales managers direct organizations' sales teams. They set sales goals, analyze data, and develop training programs for organizations’ sales representatives. | $25-80 |
| Sales Account Manager | 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... Show more | $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 |
Including a salary range in the territory sales executive job description is a good way to get more applicants. A territory sales executive salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for a territory sales executive in Mississippi may be lower than in Connecticut, and an entry-level engineer typically earns less than a senior-level territory sales executive. Additionally, a territory sales executive with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $153,746 | $74 |
| 2 | Pennsylvania | $152,586 | $73 |
| 3 | District of Columbia | $134,198 | $65 |
| 4 | Illinois | $132,582 | $64 |
| 5 | Virginia | $126,305 | $61 |
| 6 | California | $124,465 | $60 |
| 7 | New Hampshire | $114,941 | $55 |
| 8 | Massachusetts | $112,772 | $54 |
| 9 | Ohio | $109,193 | $53 |
| 10 | Kentucky | $98,487 | $47 |
| 11 | Utah | $88,597 | $43 |
| 12 | Texas | $86,074 | $41 |
| 13 | Florida | $67,092 | $32 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Allscripts | $152,121 | $73.14 | |
| 2 | Solenis | $151,050 | $72.62 | 22 |
| 3 | Republic Services | $146,302 | $70.34 | 110 |
| 4 | Pitney Bowes | $140,781 | $67.68 | 13 |
| 5 | Finastra | $135,175 | $64.99 | 4 |
| 6 | Toshiba America Business Solutions | $131,718 | $63.33 | 42 |
| 7 | CVS Health | $127,327 | $61.21 | 370 |
| 8 | Spectrum | $125,263 | $60.22 | 4 |
| 9 | Paychex | $120,496 | $57.93 | |
| 10 | AT&T | $107,105 | $51.49 | 825 |
| 11 | Heartland Payment Systems | $104,500 | $50.24 | 1 |
| 12 | Comcast | $99,833 | $48.00 | 530 |
| 13 | PDi Communication Systems | $79,341 | $38.14 | |
| 14 | DuraServ | $76,204 | $36.64 | 20 |
| 15 | Tempus | $72,312 | $34.77 | 14 |
| 16 | Crawford Thomas Recruiting | $69,122 | $33.23 | |
| 17 | Endurance International Group | $64,775 | $31.14 | 5 |
| 18 | Screenvision Media | $63,914 | $30.73 | 4 |
| 19 | Helget Gas Products | $61,902 | $29.76 | |
| 20 | CoStar Group | $59,982 | $28.84 | 242 |
A good territory sales executive 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 territory sales executive job description:
To find territory sales executives for your business, try out a few different recruiting strategies:
Recruiting territory sales executives requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the territory sales executive 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.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
To prepare for the new territory sales executive 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.
Before you start to hire territory sales executives, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire territory sales executives pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
The median annual salary for territory sales executives is $94,220 in the US. However, the cost of territory sales executive hiring can vary a lot depending on location. Additionally, hiring a territory sales executive for contract work or on a per-project basis typically costs between $25 and $80 an hour.