The pay rate of sales managers varies among employers and is based on years of experience, type of employment, size of the firm and geographic. In 2002, the median pay rate for sales managers was approximately $75,040. The low end of the scale earned about $30,310 and the high end earned more than $145,600. Sales managers often receive the basic benefit package which includes paid sick days, vacation days and holidays, health and dental insurance and a retirement plan. Most sales managers earn bonuses either equaling or exceeding ten percent of their annual salaries.
Over the next decade the expected growth for sales managers is estimated to be faster than the average of all other occupations in the United States. This means that about 16,790 job positions will be opening up nationwide each year.
Sales manager job positions are very desirable and are likely to be sought out by other managers and experienced professionals. This kind of demand will probably encourage anxious competition. As business firms and organizations continually grow, it will be vital to seek an experienced professional sales manager in order to help their business run smoothly.
