The salary for an account executive differs a lot depending on the location, experience and education. The average mean salary starts from $35,000. They are employees who deal with the customers and strengthen the company's relationships with them. The job roles of them differ with the area of work. There primary duty is to achieve profit for the company through healthy customer relationship. An account executive is therefore expected to converse with the customer properly. Develops and maintains favorable relationships with new and existing clients in order to increase revenue. Ensures that organizational goods or services consistently meet client needs. May be responsible for providing sales quotations as well as sustaining and renewing client contracts.
There salary depends mainly on education, qualification and experience and lastly location. The job role of them covers various descriptions depending on the particular industry. They are those professionals who are responsible for looking after business relationships between the clients and the companies they are employed in. The median annual salary for an account executive and that too of inexperienced ranges from $35,000 to $45,000. Relies on experience and judgment to plan and accomplish goals. Performs a variety of tasks. A wide degree of creativity and latitude is expected. Typically reports to a supervisor or manager.
On the other hand, an executive with an experience of one to four years can demand an annual pay of around $40,000 to $50,000. The salary increases as per the level of skill and proficiency gained. So, if you have a substantial five to nine years of experience, you are entitled for a yearly pay of approximately $45,000 to $65,000.
Highly experienced and skilled accounts executive who have a big experience of 20 years can earn even more than $85,000 per annum. A reliable performance can lead to a promotion and can help u achieve the post of an account manager.
They work in different industries and hence, their salaries also differ. These mainly include advertising, marketing and public relation account executive. There job description varies as per the requirements set by the primary employer. Usually, an account executive reports to the account manager or the team lead.
As you see, an account executive's salary differs as per the job description, which may consist of tasks that are related to marketing and sales. Those wanting to become an account executive and earn best in the industry need good convincing skills, marketing techniques, and communication skills. Good organizational and time management skills are also considered necessary for efficiently working in a team.