When presenting new products and marketing campaigns, resolving issues, and controlling inventory flow, it’s up to the National Account Manager to preserve the relation of company with clients. The program aims to help and facilitate clients by sustaining strong partnerships with these strategic clients. The average salaries for a national accounts manager in the United States is $78,912 per year, with a high-end wage of $113,148 per year. The wage of a national account manager can vary widely depending on factors like the individual’s level of education, their skills, their relevant work experience, their current employer, and location of job.
Differences in Salaries across different areas of the USA
Differences in salaries across various areas of the USA are as follow:
- National Accounts Manager salaries in the District of Columbia, Washington, range from $82,946 to $121,593 per year. Different factors will be considered while establishing the National Account Manager’s salary.
- In Vermont, an accounting manager can earn an average salary of $72,797 a year.
- National accounts manager salaries in Michigan typically fall between $52,759 and $70,000 as of the 29th of August, 2022, with an average salary of $60,118.
- The typical annual income for an Account Manager in Virginia is $54,399, bringing the total compensation for this position to an estimated $80,426.
Top Account Manager Recruiters
Alongside the top organizations, which are scored based on anonymous employee ratings, information such as the number of employees who have assessed a company overall, the average income, and the availability of unfilled positions can be found. Some major recruiters are discussed as:
- Amazon
You may plan, organize, and set up a profitable online storefront on the Amazon marketplace with the assistance of a dedicated manager who will work with you. After gaining an understanding of your goals for the company from you, the account manager will collaborate with you to ensure they are met.
In the United States, an Enterprise Account Manager at Amazon.com can anticipate earning an average of $115,761 per year, which is 41% more than the average salary across all industries.
- Oracle
The Account page in Oracle Responsys is a beneficial tool if you are an administrator in charge of a sizable number of accounts. Oracle compensates its Account Managers with an average salary of about $66,000 annually. If you want to learn more about the average and median pay for account managers in various contexts, such as by industry, level of experience, geography, and other criteria, you should visit PayScale. Other contexts comprise:
- Salesforce
Supervisors may be able to link their Salesforce user profiles to those of their direct reports if your company has configured Salesforce Identity in a specific way. To have your accounts unlinked, you must contact the account’s administrator. Senior Account Managers at Salesforce may earn around $200,000 yearly.
National Account Manager Job
To be successful in the role of national account manager, one needs strong communication skills, self-assurance, and the ability to direct a group of salespeople to handle customers in all 50 states.
The most important things that a NAM can do are the following:
- Create and oversee GSA-wide FAS Strategic Account Plans.
- Hold a customer meeting for the designated accounts.
- Carry out relationships with certain agencies.
- Collect information about customers and find openings for GSA to aid other government agencies in product and service acquisition.
- Playing a pivotal part in national accounts presentations and plans.
- Keep an eye out for fresh sales leads, rivals, and market shifts.
Places around the World That Offer the Best Pay for National Account Managers
Both sets of guidelines provide exhaustive compensation tables, in addition to an average salary variance that indicates how the values in the guides should be altered depending on the location of the business in various cities across the United States.
It has been found that there are several different metropolitan areas with an average income for a National Account Manager that is much greater than the average income for the United States. Atkinson, Nebraska, takes the top spot, followed by Bridgehampton, New York, and Deer Park, California, which are pretty close behind. With a total of $14,880, Atkinson, Nebraska, has a cost of living that is 42.1% higher than the national average of $81,202, while Deer Park, California, has a cost of living that is 18.3% higher.
Factors affecting national accounts manager salaries
Employers often make adjustments based on market data when figuring out how much to pay a particular worker. Some factors that affect the salaries of national accounts managers include:
- Experience
In most cases, a more excellent salary can be expected as one gains more experience. You can expect a higher salary if you have more years of experience in accounting than the position requires.
- Performance
A rise in salary is the universally accepted and expected response to superior performance or increased output. Employees are more likely to improve their performance if rewarded for it.
- Qualifications for Employment
Companies determine pay based on the value of a worker’s position. Jobs that require using one’s mind typically pay better than those that don’t.
Why are some cities better suited for accountants than others?
Accountants in certain cities may earn more money and have more work opportunities than others. It is possible to understand the employment outlook in each metropolitan area by consulting the location quotient provided by the United States Bureau of Labor Statistics (BLS). The location quotient represents the ratio of the number of accounting positions in a specific region to the average number of accounting jobs across the country.
Conclusion
The remuneration is probably what appeals to people with backgrounds in accounting and finance the most about a job offer. The compensation for the jobs mentioned above ranges from $36,326 (44.7% of the norm) to $77,548 (95.5% of the standard), despite the average pay for a national account manager being $81,202.
FAQs
Where can you locate the most talented accountants interested in working for you?
City of Philadelphia, Pennsylvania – According to PricewaterhouseCoopers, Philadelphia has one of the highest rankings for Gross Domestic Product (GDP) among American cities. This rating shows that the city’s economy is thriving and suggests that wages are relatively high.
What kind of pay can national account managers working in various industries expect?
The technology industry provides salary with a mean value of $99,747 for national account managers. And the average annual salary in the manufacturing industry is $97,929
