Account manager salary

What does it mean to work as an Account Manager?

An Account Manager, also known as a corporate salesperson, plays a central role in sales and manages relationships with the company's clients. The job involves identifying new business opportunities, developing and maintaining customer relationships, and ensuring customer satisfaction. An Account Manager often works on negotiating contracts, handling customer inquiries, and collaborating with other departments to deliver the best possible service.

Account Manager Salary and Gender Pay Gap

What does an Account Manager earn? The average salary for an Account Manager is 49 600 SEK per month. However, there are salary differences based on gender, with men earning an average of 51 500 SEK, while women earn 44 800 SEK. This means that women earn 87% of what men do in the same professional field. For those who are hourly employees, the average salary is 298 SEK per hour, based on 166 working hours per month.

Salary Development and Disparities

Over the past year, the average salary for Account Managers has increased from 46 700 SEK to 49 600 SEK. The highest reported salary for a male Account Manager is 60900 SEK, referring to a privately employed executive with at least three years of post-secondary education. For women in the same profession, the highest salary is 49900 SEK. The lowest salary for a female Account Manager is 31800 SEK, for a privately employed worker with a maximum of two years of high school education, while the lowest for men is 48300 SEK.

Education and Skills

To be successful as an Account Manager, a post-secondary education in sales, marketing, or business administration is usually required. Practical experience in sales is also highly valuable. Strong communication skills, relationship-building abilities, and analytical thinking are important qualities for the profession. Many employers also offer training and development opportunities for their employees, which may include paid training and courses.

Working Conditions and Opportunities

The job market for Account Managers is assessed to have moderate opportunities, and the recruitment situation is characterized by balance. According to forecasts from the Employment Service, the demand for corporate salespeople is expected to remain unchanged over the next five years. Many Account Managers have the opportunity to work flexibly, which can involve working from home and other adaptations that suit individual work styles and life situations.

Future Prospects and Challenges

As an Account Manager, it is important to continuously update your skills and adapt to changes in the industry. Digitalization and technological advancements impact sales processes, making digital competence increasingly crucial. Communication and the ability to use digital tools are therefore critical for success in the role.