An Account Manager can earn a good salary, with an average yearly income of $78,252 as of 2023. The salary can vary, depending on experience, location, and the specific industry. Starting salaries for Account Managers begin around $33,900 and can increase significantly with experience and success in the role.
For instance, those with a few years of experience earn approximately $47,636, while more experienced professionals can make about $61,373. Top earners in this field can bring home impressive figures. Some Account Managers make $185,000 or more annually, especially in larger companies or high-demand sectors.
Overall, a career as an Account Manager offers a path for growth and financial stability, making it a promising option for job seekers.
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Washington, DC
Average Salary: $108,005
Working in the capital provides a unique opportunity to connect with government agencies and nonprofits. Companies like Fannie Mae and Booz Allen Hamilton create a dynamic environment for building strong client relationships.
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San Francisco, CA
Average Salary: $105,193
In this tech-driven city, you engage with innovative companies like Salesforce and Twitter. The vibrant startup scene fosters a fast-paced atmosphere where managing client accounts is both challenging and rewarding.
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Brownsville, TX
Average Salary: $101,129
This growing city offers a close-knit community feel while serving diverse businesses. Local companies thrive in agriculture and manufacturing, making the role impactful in supporting their client needs.
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Hartford, CT
Average Salary: $98,760
Known for its insurance and financial services, Hartford is a hub for companies like Aetna and Travelers. You will play a key role in maintaining customer satisfaction in a competitive market.
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Los Angeles, CA
Average Salary: $98,746
The entertainment capital is home to major firms like Disney and Netflix. Working here means managing exciting projects and building relationships within the creative industries.
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Boston, MA
Average Salary: $96,026
With its focus on education and healthcare, Boston offers a chance to work with institutions like Harvard and Massachusetts General Hospital. Your role supports essential services and innovative projects.
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Detroit, MI
Average Salary: $93,687
As the heart of the auto industry, Detroit hosts companies like Ford and General Motors. You can expect dynamic client interactions and opportunities to contribute to the city's revitalization.
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Seattle, WA
Average Salary: $93,415
Home to giants like Amazon and Microsoft, Seattle provides a tech-savvy environment. The city's focus on innovation leads to engaging projects and effective client management.
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San Jose, CA
Average Salary: $90,400
In the center of Silicon Valley, you will work closely with tech firms and startups. The fast-paced tech environment allows you to thrive while managing diverse client accounts.
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New Orleans, LA
Average Salary: $90,155
New Orleans offers a rich culture and a growing business sector. As you work with local companies, you help foster relationships that contribute to the city's vibrant economy.
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Hewlett Packard Enterprise | HPE
Average Salary: $309,389
Hewlett Packard Enterprise offers great opportunities for Account Managers. They focus on technology solutions and operate in various locations including Houston, Texas, and San Jose, California. Employees work on building relationships with clients and driving growth in accounts.
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Palo Alto Networks
Average Salary: $293,640
Palo Alto Networks is a leading cybersecurity company that values Account Managers. They work with clients to ensure cybersecurity needs are met, primarily in California and other tech hubs. Account Managers here play a crucial role in maintaining client relations and upselling products.
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Adobe
Average Salary: $276,407
Adobe is well-known for its creative software and offers solid salaries for Account Managers. They operate in locations like San Francisco and Seattle, focusing on customer success and driving product adoption. This role is vital for managing key accounts and enhancing customer experiences.
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PayPal
Average Salary: $273,841
PayPal, a leader in online payments, offers rewarding positions for Account Managers. With locations in San Jose and Austin, the focus is on client engagement and network expansion. Account Managers here ensure customers benefit from PayPal's solutions.
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Nutanix
Average Salary: $266,434
Nutanix specializes in cloud computing and provides competitive salaries for Account Managers. Their main offices are in San Jose and other tech cities. Account Managers maintain client satisfaction and drive software adoption, contributing directly to the company's growth.
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SAP
Average Salary: $265,255
SAP is a global leader in enterprise software and supports Account Managers with attractive compensation. They operate in various cities like Newtown Square, Pennsylvania, where Account Managers work to build strong relationships and ensure clients utilize SAP solutions effectively.
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American Heritage Lending
Average Salary: $261,324
American Heritage Lending focuses on financial services and pays well for Account Managers. With operations mainly in the United States, these professionals connect with clients to help them achieve their financial goals and explore various loan options.
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Asset Marketing Services
Average Salary: $246,667
Asset Marketing Services specializes in collectibles and offers solid pay for Account Managers. They operate primarily in Minnesota. Account Managers here help clients navigate the collectibles market and ensure satisfaction with their services.
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Fortinet
Average Salary: $245,417
Fortinet is known for its cybersecurity solutions and provides great opportunities for Account Managers. Operating in multiple locations, including Sunnyvale, California, Account Managers work closely with clients to safeguard their networks and enhance security postures.
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Pendo
Average Salary: $238,333
Pendo focuses on product experience and offers a competitive salary for Account Managers. They operate out of Raleigh, North Carolina, where Account Managers play a key role in helping customers maximize their use of Pendo’s platform.
As an Account Manager, you have the opportunity to increase your earnings by focusing on a few key factors. By improving your skills, networking, and understanding your market, you can elevate your career and salary potential. Here are five factors to consider:
- Enhance Your Skills: Take courses or certifications in sales, customer service, and negotiation. These skills can make you more valuable to employers and help you close more deals.
- Build Strong Relationships: Developing trust with clients leads to long-term contracts and repeat business. Happy clients often refer you to others, leading to new accounts and increased earnings.
- Track Your Performance: Use metrics to show how you meet or exceed your targets. Presenting your success in measurable terms can help you negotiate a raise or promotion.
- Expand Your Network: Attend industry events and connect with other professionals. Networking opens doors to new opportunities and can lead to higher-paying job offers.
- Stay Informed: Keep up with industry trends and market demands. Knowledge of what clients need can make you an essential part of their strategy, justifying a higher salary.