Relationship Manager Salary

A Relationship Manager earns an average salary of $65,047 per year. People in this job generally don't have more than 20 years' experience. The skills that increase pay for this job the most are Loan Underwriting, Portfolio Management, Financial Analysis, and Business Development. Experience has a moderate effect on income for this job.
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$40,581 - $111,784
$41K
$65K
$110K
MEDIAN: $65,047
10%
50%
90%

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$14.41 - $25.82
$14
$20
$26
MEDIAN: $20.35
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
$40,581 - $111,784  
   
Bonus
$2,898 - $31,243  
Profit Sharing
$1,463 - $11,455  
Commission
$2,175 - $39,149  
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).
)
$40,291 - $125,071  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 1,250
National Hourly Rate 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$25$50$75
Hourly Rate
$14.41 - $25.82  
   
Overtime
$26.41 - $46.10  
National Annualized 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
Bonus
$2,898 - $31,243  
   
Commission
$2,175 - $39,149  
Profit Sharing
$1,463 - $11,455  
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).
)
$40,291 - $125,071  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 155

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Job Description for Relationship Manager

Relationship managers, in essence, are members of a company who are assigned to communicating with certain entities outside or inside of the company. There are several types of relationship managers, which mainly differ in terms of who they deal with: Relationship managers can communicate with other businesses, clients, customers, vendors, communities, etc. Relationship managers' main job duty is to make sure that adequate communication is maintained with these entities. Relationship managers who deal with clients and customers can explain what the company does, what ethics the company is bound by, and why the client should choose this company over any competitors. Relationship managers will typically work within a company in customer service or often as part of a sales department. They are able to explain customers' and clients' needs and what steps should be taken in order to fulfill those needs, as well as any legal boundaries that exist between the company and outside entities such as contractual obligations and legal restrictions. As such, relationship managers are tasked with keeping up with communications involving the company and its clients, vendors, etc. as a whole, or can focus on one or several specific clients or vendors. Ultimately, they work to ensure that client relationships are as fluid and harmonious as possible while adhering to their company's guidelines and standards.


Relationship Manager Tasks

  • Cultivate new clients through referrals and calling efforts to achieve individual and team revenue goals.
  • Develop effective ways to promote brand awareness that lead to measurable business results.
  • Ensure continuity of high quality service, product delivery, and responsiveness to client needs.

Common Career Paths for Relationship Manager


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Relationship Manager Job Listings

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Popular Skills for Relationship Manager

Pay by Experience Level for Relationship Manager

Pay by Experience for a Relationship Manager has a positive trend. An entry-level Relationship Manager with less than 5 years of experience can expect to earn an average total compensation of $52,000 based on 639 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Relationship Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $73,000 based on 506 salaries. An experienced Relationship Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $85,000 based on 466 salaries. A Relationship Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $94,000 based on 120 salaries.

Pay Difference by Location

23%

22%

21%

18%

-4%

-5%

-16%

-17%

National Average: $66,906

Larger city markers indicate a job is popular in that location.

Relationship Manager Reviews

Q: What is it like working as a Relationship Manager?

Relationship Manager in Kansas City:
Pros: Working with the clients and helping them update their current services and selling them new services to help them improve their processes.
Cons:

Related Job Salaries

Key Stats for Relationship Manager

Gender

Female
49 %
Male
51 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 198 votes.
Less than 1 year
3%
1-4 years
33%
5-9 years
26%
10-19 years
29%
20 years or more
9%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Relationship Manager Salaries

▲40%

▲26%

▲9%

National Average
$67,000

▼22%

Skills That Affect Relationship Manager Salaries


Portfolio Management
▲25%





National Average
$67,000


▼2%

Retirement Plan Administration
▼4%




Banking
▼15%

Fundraising
▼32%

Customer Service
▼45%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 198 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
3%
1-4 years
33%
5-9 years
26%
10-19 years
29%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 80%
vision benefits
Vision: 70%
no benefits
None: 11%