Territory Account Manager Salary

Back to Territory Account Manager Job Description

Determining Salary Factor

The average salary for a Territory Account Manager in the United States is $99,207, with a typical salary range of $83,721 to $116,670. These figures are influenced by various factors, such as education, certifications, additional skills, and years of experience in the field. For those starting out in this role with less than one year of experience, the average total compensation is around $42,749 based on eight reported salaries.

Salary Growth

The average annual salary for a territory account manager is $65,808. It is projected that there will be a 5% job growth for territory account managers from 2018 to 2028. Currently, there are 163,183 active job openings for territory account managers in the US based on job postings.

How much do tobacco territory managers make?

In the insurance industry, territory managers have the potential to earn up to $85,667 per year. The insurance industry is currently thriving, particularly in today's health-conscious society. On the other hand, territory managers in the tobacco industry typically earn an average annual salary of around $47,437.

A territory manager is responsible for various tasks, such as managing a specific geographic area and overseeing sales and distribution within that territory. They play a crucial role in maintaining and developing relationships with clients and ensuring the achievement of sales targets. Territory managers also handle negotiations and provide support to sales teams.

How much does a territory account manager make?

An entry-level Territory Account Manager with less than 1 year of experience earns an average total compensation of X based on 8 salaries.

An early career Territory Account Manager with 1-4 years of experience earns an average total compensation of $54,692 based on 41 salaries.

How much does a territory account executive make at Toast Inc?

The estimated total pay for a Territory Account Executive at Toast Inc is $206,947 per year. This figure represents the median value derived from our proprietary Total Pay Estimate model, which is based on salaries reported by our users. The estimated base pay for this position is $94,558 per year.

Salary Progression

The average salary for a Territory Account Manager in the United States is $99,207, with a typical salary range between $83,721 and $116,670. The national median yearly salary is $65,808.

In Canada, the average salary for a Territory Account Manager is $67,057.

An entry-level Territory Account Manager with less than 1 year of experience can expect to earn an average total compensation of $42,749 based on 8 salaries.

The average salary for a territory manager is $70,599 per year in the United States, with an additional commission of $21,600 per year.

What are the requirements for a territory manager?

A key responsibility of a territory manager is to act as a consultant for clients, providing them with clear guidance on how to effectively utilize the company's products or services to improve their businesses.

According to wiseGeek, a territory manager is responsible for advising clients on how to maximize the benefits of the company's offerings, helping them make informed decisions. They play a crucial role in ensuring that clients are well-informed about the company's products and services, and understand how they can best integrate them into their operations.

By serving as a trusted consultant, territory managers assist clients in optimizing their use of the company's solutions, ultimately helping them achieve their business objectives and fostering long-term relationships.

Certification

Obtaining a certification such as the Certified Sales Professional (CSP) in territory account management can increase your earnings.