AU$84,834
Avg. Salary

Average additional compensation for this job:

Bonus

AU$14,740

Profit Sharing

AU$8,000

Commission

AU$13,000

A Relationship Manager in Sydney, New South Wales earns an average salary of AU$86,554 per year. Experience has a moderate effect on income for this job. Most people with this job move on to other positions after 20 years in this career.

AU$56,406 - AU$125,798
AU$56K
AU$85K
AU$130K
MEDIAN: AU$84,834
10%
50%
90%
AU$0AU$138K
Salary AU$56,406 - AU$125,798
Bonus AU$4,966 - AU$34,765
Profit Sharing AU$8,000
Commission AU$13,000
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).
)
AU$55,641 - AU$138,623
  • Country: Australia
  • Currency: AUD
  • Updated: 15 Sep 2018
  • Individuals Reporting: 111

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. (Copyright 2018 PayScale.com)


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.

Relationship Manager Job Listings

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 AU$81,000 based on 64 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 AU$93,000 based on 35 salaries. An experienced Relationship Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of AU$119,000 based on 33 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 AU$136,000 based on 7 salaries.

Key Stats for Relationship Manager

Gender

Female
46 %
Male
54 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.
Less than 1 year
3%
1-4 years
35%
5-9 years
32%
10-19 years
22%
20 years or more
8%

Experience Affects Relationship Manager Salaries

▲47%

▲28%

▲1%

National Average
AU$93,000

▼13%

Skills That Affect Relationship Manager Salaries


National Average
AU$93,000

▼4%


Job Satisfaction

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

Gender

Female
46 %
Male
54 %

Years of Experience

Less than 1 year
3%
1-4 years
35%
5-9 years
32%
10-19 years
22%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 18%
dental benefits
Dental: 11%
vision benefits
Vision: 8%
no benefits
None: 82%