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Business Account Executive Salary

A big portion of take-home pay for Business Account Executives — approximately one-half, in fact — arrives through commissions. This profession's median overall income is approximately $66K. Career duration and the company each impact pay for this group, with the former having the largest influence. Most Business Account Executives report high levels of job satisfaction. More than half of Business Account Executives (63 percent) survey respondents are men. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$33,693 - $79,027
(Median)
$34K
$46K
$79K
MEDIAN: $46,069
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$33,693 - $79,027  
   
Bonus
$309.13 - $39,413  
Profit Sharing
$4,000 - $7,188  
Commission
$9,955 - $60,820  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$39,431 - $102,561  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 135

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Job Description for Business Account Executive

Generally speaking, business account executives sell products and services to other companies. Many companies offer commission to these executives based on sales revenue, and there may also be sales goals to be achieved.

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Business Account Executive Tasks

  • Explain and obtain signatures on product contracts and service agreements.
  • Build strong customer service relationships with clear expectations.
  • Talk with prospective and current clients to identify needs and products that meet those needs.
  • Identify and reach out to new customer segments and groups.

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Business Account Executives who responded to the survey report just a handful of professional skills. Most notably, facility with Account Sales and Sales are correlated to pay that is significantly above average, leading to increases of 20 percent and 5 percent, respectively. Skills that seem to negatively impact pay include Field Sales.

Pay by Experience Level for Business Account Executive

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience and pay tend to be weakly linked for Business Account Executives — those with more experience do not necessarily bring in higher earnings. During the first five years of their careers, Business Account Executives see a median income of $58K. Survey respondents with five to 10 years of experience report an only modestly higher median of $64K. On average, Business Account Executives make $70K following one to two decades on the job. Veterans who have acquired more than 20 years report a median income of $84K, which is generally higher than the pay reported by other tenure groups.

Related Job Salaries

United States (change)

Experience Affects Business Account Executive Salaries

Late-Career
up arrow 27%

Experienced
up arrow 5%

National Average
$66,000

Mid-Career
up arrow 4%

Entry-Level
up arrow 12%

Skills That Affect Business Account Executive Salaries

Account Sales
up arrow 20%

Sales
up arrow 5%

National Average
$66,000

Field Sales
up arrow 5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 24 votes.

Gender

Female
37 %
Male
63 %

Years of Experience

Less than 1 year
4%
1-4 years
23%
5-9 years
37%
10-19 years
27%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 88%
vision benefits Vision: 77% employee benefits None: 6%
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