How Much Do Sales 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 sales 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 sales 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 sales managers are offering as compensation.
Keep reading to learn more about how much sales managers can expect to make in the United States.
At a Glance: Salary & Jobs for Sales Managers
According to data from 2022, there were about 552,790 positions for sales managers in the United States. In terms of salary, the national median salary for sales managers was reported to be $130,603. Additionally, when examining job demand, employers across the country posted 228,220 job postings related to positions for sales managers.
How Much Money Do Sales Managers Make?
Median salary is just one data point. To build a better understanding of how much money sales 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 sales managers.
Annual Salary for Sales Managers
According to the BLS, the lowest earners for sales managers and related professions earned about $61,027 per year in 2022. Meanwhile, at the other end of the spectrum, the highest earners made about $253,022 annually.
As mentioned previously, the median salary for sales managers in the United States in 2022 was $130,603.
Annual Salary Range For Sales Managers In 2022
Hourly Salary for Sales Managers
The BLS also breaks down compensation for sales managers by hourly salary, and the median average hourly pay for sales managers in 2022 was $63. Lowest hourly earners took home $29 while the highest reported hourly salaries for sales managers was $122.
Hourly Salary Range For Sales Managers In 2022
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Advertised Compensation for Sales Managers
Data from the BLS is one way to dig into compensation for sales 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 sales 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 Sales Managers
Advertised Annual Salary
During a review of 464,314 job postings related to sales managers, advertised salary was included in 89,685 of them, which was 19%. Based on those postings, the median advertised salary for sales managers was $93,568 per year.
Hourly Salary from Job Postings for Sales Managers
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for sales managers. Based on 39% of postings with advertised compensation, the median hourly salary for open positions for sales managers in the United States is about $45.
Salary Trend for Sales Managers
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for sales 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 sales managers dating back to September 2019, advertised salaries for sales managers have increased 4%.
Advertised Wage Trend For Sales Managers
What's the Job Growth for Sales 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 sales managers over the next 10 years.
According to the data obtained through Lightcast,™ there were 552,875 jobs for sales managers in the United States in 2022. By 2032, it is expected that about 61,055 jobs will be added. That's a 11% increase over the next 10-year period.
Employment Projections For Sales Managers
Additional Links
Ready to dig deeper into career information about sales managers? Visit our other pages focused on salary and education for sales managers.
What do sales managers do?
Sales Managers: How do you become one?
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