Regional Account Executive Salary
The median total income of Regional Account Executives is around $74K, and for the average worker in this area, a good chunk of that (just under a third, in fact) comes from commissions. Location is the biggest factor affecting pay for this group, followed by experience level. Women make up a slight majority of Regional Account Executives (53 percent) survey respondents. Nearly all receive medical and dental insurance and most get vision plans. Most Regional Account Executives report high levels of job satisfaction. The figures in this rundown are based on the results of PayScale's salary questionnaire.
|Salary||$41,718 - $90,953|
|Bonus||$4,122 - $40,547|
|Commission||$5,383 - $28,596|
|Total Pay (||$44,081 - $108,429|
Job Description for Regional Account Executive
The main responsibility as a regional account executive is to make sure that the company meets sales goals. On a day-to-day basis, a regional account executive is required to perform the following responsibilities: delivering targeted sales results, analyzing sales in a certain market and figuring out the potential of a product of service, maintaining tracking systems, and working closely with clients and providing consultations. They are also in charge of promoting services that the company provides, effectively designing price-service programs that meet the company standards, generating proposals and contracts, and documenting all the sale activities.Read More...
Regional account executives typically work full time during regular business hours, although exact hours may vary depending on the company's needs and specific projects. These executives may work overtime and travel to meet with current and prospective clients, for example.
This position generally requires at least a bachelor's degree, and a master's degree may be preferred. At least three to five years of related experience is generally needed as well. Regional account executives must have excellent verbal and written communication skills, be able to make important decisions under pressure, and have experience using basic computer software such as the Microsoft Office suite. They should also work well on their own and in a team setting, as well as be able to effectively communicate with current and prospective clients.
Regional Account Executive Tasks
- Develop and build relationships with clients and associated individuals.
- Research and contact prospective clients.
- Answer questions, educate clients and provide product expertise in a range of situations.
- Explain and sell products and services and collect payments.
Pay by Experience Level for Regional Account Executive
Pay by Experience for a Regional Account Executive has a positive trend. An entry-level Regional Account Executive with less than 5 years of experience can expect to earn an average total compensation of $57,000 based on 18 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Regional Account Executive with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $70,000 based on 21 salaries. An experienced Regional Account Executive which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $84,000 based on 24 salaries. A Regional Account Executive with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $85,000 based on 11 salaries.
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Key Stats for Regional Account Executive
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