Business Account Executive Salary

Total annual pay for Business Account Executives is approximately $65K, and commissions account for a significant portion of this final number — slightly more than half on average. Career duration is the biggest factor affecting pay for this group, followed by the specific employer. Job satisfaction for Business Account Executives is high. The majority of Business Account Executives (65 percent) survey respondents are male. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. Participants in PayScale's salary questionnaire provided the particulars of this report.

$33,707 - $75,484
(Median)
$34K
$46K
$75K
MEDIAN: $45,740
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
$33,707 - $75,484  
   
Bonus
$302.01 - $39,606  
Profit Sharing
$4,500 - $13,750  
Commission
$9,933 - $59,611  
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 - $100,530  
Country: United States | Currency: USD | Updated: 2 Jul 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 typically list a handful of skills they use on the job. Most notably, facility with Account Sales and Sales are correlated to pay that is significantly above average, leading to increases of 21 percent and 12 percent, respectively.

Pay by Experience Level for Business Account Executive

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


Business Account Executives with a lot of experience do not necessarily enjoy more money. Survey participants with less than five years' experience pocket $57K on average, but those with five to 10 years of experience enjoy a much bigger median of $64K. Business Account Executives claiming one to two decades of experience make an estimated median of $70K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $76K on average.

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Experience Affects Business Account Executive Salaries

Late-Career
up arrow 18%

Experienced
up arrow 8%

National Average
$65,000

Mid-Career
up arrow 1%

Entry-Level
up arrow 12%

Skills That Affect Business Account Executive Salaries

Account Sales
up arrow 21%

Sales
up arrow 12%

National Average
$65,000

Field Sales
up arrow 3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 20 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
4%
1-4 years
24%
5-9 years
36%
10-19 years
28%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 88%
vision benefits Vision: 77% employee benefits None: 7%
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