Senior-level professionals with 5-8 years of experience earn around $135,989, and those with over 8 years of experience can expect an average of $140,420. As of March 01, 2025, the average annual salary for a Sales Manager in the United States is $139,447. Salary.com reports that pay typically ranges from $119,786 to $162,816, with most professionals earning between $101,886 and $184,093. Glassdoor lists the following five industries as some of the highest-paying for sales managers.
What does a sales manager do?
Learners are advised to conduct additional research to ensure that courses and other credentials pursued meet their personal, professional, and financial goals. Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources. A sales manager’s salary ranges from $42,000 a year at the 10th percentile to $129,000 at the 90th percentile.
Wholesale and manufacturing sales representatives
Explore the average salaries according to December 2024 data from five different organizations that track wages for sales managers to get a comprehensive look at the possibilities. The full compensation package for a sales manager depends on a variety of factors, including but not limited to the candidate’s experience and geographic location. See below for detailed information on the average sales manager salary. Sales manager salaries typically range between $42,000 and $129,000 yearly.
What Do Sales Managers Do?
To be a Sales Manager typically requires Web development 5 years experience in the related area as an individual contributor. Some cities have higher earnings than others based on the cost of living or the number of sales manager positions. For instance, working in the New York City, Newark, and Jersey City areas may earn you a median annual wage of $239,440. In contrast, sales manager positions in the San Jose, Sunnyvale, and Santa Clara areas earn an average of $214,590 in median yearly salaries 13.
Depending on the industry, sales manager positions have a positive projected growth rate, particularly as current sales managers retire or transfer to other jobs. Responsibilities will vary, often based on the size of the organization, but typically include overseeing the company’s sales process from start to finish. Duties might include recruiting, hiring, and onboarding new employees and coaching current staff on improving their sales techniques. The average sales manager salary has risen by $17,134 over the last ten years.
- The average additional cash compensation for a Sales Manager in US is $61,618.
- Explore the average salaries according to December 2024 data from five different organizations that track wages for sales managers to get a comprehensive look at the possibilities.
- Sales managers can work in various industries, such as wholesale trade, retail, manufacturing, technology, or finance.
- You may also strengthen your skills through the Sales Training for High Performing Teams Specialization from Hubspot.
- Some cities have higher earnings than others based on the cost of living or the number of sales manager positions.
- Sales Manager salaries are based on responses gathered by Built In from anonymous Sales Manager employees in US.
The sales manager position makes sure the sales team has the necessary tools and direction to meet its targets. A sales representative sells products to businesses, government agencies, and other organizations. They contact new and existing customers about their products, https://wizardsdev.com/en/news/presentation-in-the-university-of-customs/ answer customer questions, and negotiate prices. Sales managers direct training programs for sales representatives and work with them on employing effective sales strategies and techniques. Here’s what to know about a sales manager’s needed skills, salary and how to become one. Compare sales manager salaries for individual cities or states with the national average.
What is the average salary of a Sales Manager?
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job. A marketing manager is responsible for generating interest in products. You may create budgets for advertising and marketing plans, develop ideas for generating product interest, or plan advertising and promotional campaigns.
- For instance, Glassdoor reports a sales manager’s average annual base salary as $85,713, but with extra pay, the annual salary rises to as much as $169,730 4.
- Sales managers oversee sales representatives, setting quotas and providing training to facilitate their success.
- Sales is the actual implementation and use of those ideas developed by marketing to sell the product.
- Being a Sales Manager monitors customer feedback and insights and collaborates with internal stakeholders to identify and suggest new products.
- Where you live may also impact your salary, including the demand for sales managers or the cost of living in a particular location.
Average sales manager salary over time
Note that these figures only Sales Manager (outstaff/outsource) job represent base pay and may not include additional compensation, such as stocks, commissions, or bonuses 4. Professionals who become sales managers often launch their careers by working as a sales representative. The average additional cash compensation for a Sales Manager in US is $61,618. Sales Manager salaries are based on responses gathered by Built In from anonymous Sales Manager employees in US. Sales managers oversee sales representatives, setting quotas and providing training to facilitate their success.