How Much Do Commercial Relationship Managers Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary commercial relationship managers make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for commercial relationship managers and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of commercial relationship managers are offering as compensation.
Keep reading to learn more about how much commercial relationship managers can expect to make in the United States.
At a Glance: Salary & Jobs for Commercial Relationship Managers
According to data from 2023, there were about 321,457 positions for commercial relationship managers in the United States. In terms of salary, the national median salary for commercial relationship managers was reported to be $69,992. Additionally, when examining job demand, employers across the country posted 60,182 job postings related to positions for commercial relationship managers.
How Much Money Do Commercial Relationship Managers Make?
Median salary is just one data point. To build a better understanding of how much money commercial relationship managers and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for commercial relationship managers.
Annual Salary for Commercial Relationship Managers
According to the BLS, the lowest earners for commercial relationship managers and related professions earned about $37,024 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $139,464 annually.
As mentioned previously, the median salary for commercial relationship managers in the United States in 2023 was $69,992.
Annual Salary Range For Commercial Relationship Managers In 2023
Hourly Salary for Commercial Relationship Managers
The BLS also breaks down compensation for commercial relationship managers by hourly salary, and the median average hourly pay for commercial relationship managers in 2023 was $34. Lowest hourly earners took home $18 while the highest reported hourly salaries for commercial relationship managers was $67.
Hourly Salary Range For Commercial Relationship Managers In 2023
Advertised Compensation for Commercial Relationship Managers
Data from the BLS is one way to dig into compensation for commercial relationship managers, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for commercial relationship managers.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Commercial Relationship Managers
Advertised Annual Salary
During a review of 53,296 job postings related to commercial relationship managers, advertised salary was included in 19,516 of them, which was 37%. Based on those postings, the median advertised salary for commercial relationship managers was $65,408 per year.
Hourly Salary from Job Postings for Commercial Relationship Managers
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for commercial relationship managers. Based on 32% of postings with advertised compensation, the median hourly salary for open positions for commercial relationship managers in the United States is about $31.
Salary Trend for Commercial Relationship Managers
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for commercial relationship managers. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for commercial relationship managers dating back to September 2020, advertised salaries for commercial relationship managers have decreased 35%.
Advertised Wage Trend For Commercial Relationship Managers
What's the Job Growth for Commercial Relationship Managers?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for commercial relationship managers over the next 10 years.
According to the data obtained through Lightcast,™ there were 321,905 jobs for commercial relationship managers in the United States in 2023. By 2033, it is expected that about 17,193 jobs will be added. That's a 5.3% increase over the next 10-year period.
Employment Projections For Commercial Relationship Managers
Additional Links
Ready to dig deeper into career information about commercial relationship managers? Visit our other pages focused on salary and education for commercial relationship managers.
What do commercial relationship managers do?
Commercial Relationship Managers: How do you become one?
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