Channel Account Manager Salary

Commissions form a big slice (about a third) of total compensation for Channel Account Managers. The median income in this area hovers around $85K. Career duration is the biggest factor affecting pay for this group, followed by geography. Medical benefits are awarded to nearly all, and most earn dental coverage. Job satisfaction is reported as high by the vast majority of workers. Most people who answered the questionnaire are men; 66 percent of Channel Account Managers are male. This snapshot results from replies to PayScale's salary survey.

$43,921 - $114,120
(Median)
$44K
$69K
$110K
MEDIAN: $69,256
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$43,921 - $114,120  
   
Bonus
$1,014 - $48,858  
Profit Sharing
$7,000  
Commission
$5,918 - $55,752  
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).
)
$48,394 - $145,813  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 179
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Job Description for Channel Account Manager

Channel account managers are responsible for maintaining strong relationships with clients for various businesses. Generally, these account managers must arrange situations which allow for colleagues within their businesses to meet and converse for the greater good of the company; be it selling a product or brainstorming ways to increase revenue, the channel account manager is responsible for overseeing this creation.

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Channel Account Managers who responded to the survey indicated only a few skills that they use on the job. Most notably, skills in Channel Sales, Customer Relationship Management, Sales, and Account Management are correlated to pay that is above average. Skills that pay less than market rate include Account Management and Sales. Experience with Account Management is often linked with knowledge of Channel Sales.

Pay by Experience Level for Channel Account Manager

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


For many Channel Account Managers, more experience generally translates to higher pay. The average beginner in this position makes around $63K, but folks who have been around for five to 10 years see a markedly higher median salary of $90K. Professionals who spend a good 10 to 20 years in the workforce haul in an average of $106K. Survey participants who have worked for more than two decades report bringing in $128K on average.

Channel Account Manager Advice

What do you wish you knew about your job when you first started out?

Channel Account Manager in Redmond:
"Channel Your Skills, Hone What Will Elevate You."
Relationships with your internal and external groups will move any projects along. Being resourceful propels a quicker solution.

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Experience Affects Channel Account Manager Salaries

Late-Career
up arrow 51%

Experienced
up arrow 26%

Mid-Career
up arrow 6%

National Average
$85,000

Entry-Level
up arrow 26%

Skills That Affect Channel Account Manager Salaries


Customer Relationship Management (CRM)
0%

National Average
$85,000

Sales
up arrow 11%

Account Management
up arrow 14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 29 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

1-4 years
31%
5-9 years
30%
10-19 years
29%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 84%
medical benefits
Vision: 67%
dental benefits
None: 6%
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