How Much Money Do Key Account Managers Really Make?

How much money does a key account manager make? Enough for champagne and caviar? Or beer and peanuts? Find out the average salaries for key account managers in Australia, India, the United Kingdom, and the United States and what the job is REALLY like before you decide if it's for you.

If you're prepared to put in the hard work, a key account manager makes good money. The base salary is well above the national average, and bonus and incentive schemes top up your earnings. Plus, there's generous room to grow your income as you gain more experience.


💰 AUSTRALIA - KEY ACCOUNT MANAGER SALARY
In Australia, the average key account manager earns $90,000, which is 1% higher than the average wage of £89,003 for a full-time role (Source: Average Weekly Earnings, Australia, November 2020 | Australian Bureau of Statistics (abs.gov.au).

Key Account Managers may grow their salary between 20% to 30% after 5 years as they gain experience and approach the highest salary limits.

💰 INDIA - KEY ACCOUNT MANAGER SALARY
In India, the average key account manager salary is ₹ 617,724 which is 57% higher than the average wage of ₹ 393,600 for a full-time role (Source: Average Wages Around the World).

Key Account Managers may grow their salary between 50% to 60% after 5 years as they gain experience and approach the highest salary limits.

💰 UNITED KINGDOM - KEY ACCOUNT MANAGER SALARY
In the United Kingdom, the average key account manager salary is £43,783 which is 13% higher than the average UK wage of £38,600 for a full-time role (Source: Annual Survey of Hours and Earnings, Office for National Statistics).

Key Account Managers may grow their salary between 30% to 40% after 5 years as they gain experience.

💰 UNITED STATES - KEY ACCOUNT MANAGER SALARY
In the United States, the average key account manager salary is $77,629 which is 59% higher than the average wage of $48,672 for a full-time role (Source: Usual Weekly Earnings of Wage and Salary Workers).

Key Account Managers may grow their salary between 40% to 50% after 5 years as they gain experience and approach the highest salary limits.

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Key account management is also an exciting and rewarding career. You learn transferrable and in-demand skills and use them to genuinely make a positive contribution to the results your clients and your company achieve.

What's not to love?

⭐

Warwick Brown
Founder | Account Manager Tips

NOTE: The video and description may contain affiliate links. If you click on a link, I may receive a commission. Money earned helps to support my channel.
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🔖 CHAPTERS:

00:00 Introduction
00:24 What does a key account manager do?
01:12 The skills you need to succeed in key account management
01:56 Tips for new key account managers?
02:36 How much do key account managers make?
03:40 Key account manager salaries in Australia
04:01 Key account manager salaries in India
04:19 Key account manager salaries in the United Kingdom
04:34 Key account manager salaries in the United States
05:00 Additional compensation for key account managers
06:39 Key account management compensation money CAN'T buy
07:00 The best part about key account management
07:28 The worst part about key account management
08:22 Decide what's important to you
08:49 What do you do if your salary is below average?
10:20 Conclusion
10:49 Additional resources

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📚 RESOURCES
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Helping organizations grow client revenue, reduce churn and get things done by giving their account management teams the tools and the mindset that gets results.

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