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Territory sales manager hiring summary. Here are some key points about hiring territory sales managers in the United States:
Here's a step-by-step territory sales manager hiring guide:
A territory sales manager is an individual 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. They attend trade shows to promote the products and services of the company at the same time, conduct surveys to better understand the needs of their customers. As they are engaged in sales, territory sales managers must possess a bachelor's degree in business administration or management.
Before you post your territory sales manager job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find a territory sales manager for hire on a part-time basis or as a contractor.
A territory sales manager's background is also an important factor in determining whether they'll be a good fit for the position. For example, territory sales managers from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
This list presents territory sales manager salaries for various positions.
| Type of Territory Sales Manager | Description | Hourly rate |
|---|---|---|
| Territory Sales Manager | Sales managers direct organizations' sales teams. They set sales goals, analyze data, and develop training programs for organizations’ sales representatives. | $23-54 |
| 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 |
| 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 your territory sales manager job description helps attract top candidates to the position. A territory sales manager salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for a territory sales manager in Virginia may be lower than in Hawaii, and an entry-level territory sales manager usually earns less than a senior-level territory sales manager. Additionally, a territory sales manager with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington | $95,161 | $46 |
| 2 | California | $90,820 | $44 |
| 3 | Maryland | $87,532 | $42 |
| 4 | Massachusetts | $87,053 | $42 |
| 5 | Maine | $86,431 | $42 |
| 6 | South Carolina | $84,846 | $41 |
| 7 | Tennessee | $83,548 | $40 |
| 8 | Kansas | $81,178 | $39 |
| 9 | New York | $80,939 | $39 |
| 10 | District of Columbia | $80,005 | $38 |
| 11 | Pennsylvania | $79,998 | $38 |
| 12 | Oregon | $79,315 | $38 |
| 13 | Arizona | $78,653 | $38 |
| 14 | Georgia | $77,368 | $37 |
| 15 | West Virginia | $77,329 | $37 |
| 16 | Minnesota | $76,741 | $37 |
| 17 | Utah | $75,944 | $37 |
| 18 | Delaware | $74,189 | $36 |
| 19 | North Carolina | $73,384 | $35 |
| 20 | Wisconsin | $71,588 | $34 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Palo Alto Networks | $114,848 | $55.22 | 127 |
| 2 | Riverbed Holdings, Inc. | $106,440 | $51.17 | 1 |
| 3 | Sierra Pacific Industries | $106,350 | $51.13 | 18 |
| 4 | Trupanion | $102,103 | $49.09 | 4 |
| 5 | Merck | $102,079 | $49.08 | 154 |
| 6 | Motion Industries | $99,679 | $47.92 | |
| 7 | Siemens | $99,620 | $47.89 | 42 |
| 8 | John Deere | $99,581 | $47.88 | |
| 9 | Colfax Corporation | $98,656 | $47.43 | 12 |
| 10 | Systemax | $98,469 | $47.34 | |
| 11 | Solenis | $98,249 | $47.24 | 19 |
| 12 | Metro Brokers | $97,657 | $46.95 | |
| 13 | NCR | $97,608 | $46.93 | |
| 14 | Gardner Denver | $96,829 | $46.55 | 64 |
| 15 | Standard Motor Products | $96,329 | $46.31 | 1 |
| 16 | VF | $94,839 | $45.60 | 3 |
| 17 | Rockwell Automation | $93,922 | $45.15 | 22 |
| 18 | Boston Scientific | $93,708 | $45.05 | 52 |
| 19 | Globe Life | $93,270 | $44.84 | 4 |
| 20 | GOJO Industries | $92,647 | $44.54 |
A job description for a territory sales manager role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a territory sales manager job description:
There are a few common ways to find territory sales managers for your business:
To successfully recruit territory sales 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 territory sales 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 territory sales 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 territory sales 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 territory sales manager employee.
The median annual salary for territory sales managers is $74,356 in the US. However, the cost of territory sales manager hiring can vary a lot depending on location. Additionally, hiring a territory sales manager for contract work or on a per-project basis typically costs between $23 and $54 an hour.