Average Relationship Manager Salary in Australia
The average annual salary of Relationship Manager is $94,256.00
The starting salary of Relationship Manager is between $55,480.00 and $65,270.00 whereas the maximum salary range is between $136,080.00 and $156,492.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
$55,480.00 | $156,492.00 |
The average hourly pay of Relationship Manager is $30.40.
The starting hourly rate is between $21.00 and $24.96 for Relationship Manager whereas the maximum hourly wage is between $74.52 and $86.00.
Minimum Hourly Pay | Maximum Hourly Pay |
---|---|
$21.00 | $86.00 |
- Currency : AUD
- Annual Salary : $94,256.00
- Hourly Pay : $30.40
- Weekly Pay : $1,663.00
- Fortnightly Salary : $3,326.00
- Monthly Salary : $7,206.00
Relationship Manager Salary Comparison by Gender
This pie chart demonstrates the gender share for Relationship Manager. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, female employees are involved significantly more as Relationship Manager compared to male. Their involvement is 56% while of male is only 44%.
Salary Distribution Based on Years of Experience
The line graph shows Relationship Manager salary in Australia on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Relationship Manager working less than a year in a company, you notice that their annual salary starts around $70,183.66.
As the years of experience reaches 1 to 4, there is a significant increase of $9,162.10 which would give a total wage of AUD79,345.76.
Once the experience reaches 5-9 years Relationship Manager salary would increase again to a total of $93,215.30, adding $13,869.54 from the last salary increase.
After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of $112,135.84.
And finally, once the Relationship Manager gains 20 years of experience or more, their salary would reach $122,202.78.
Prominent Skills Affecting Relationship Manager Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Relationship Manager's salary. It clearly highlights the skills needed for a post of Relationship Manager when hired by an employer.
The most vital skill expected of Relationship Manager is Negotiation which impacts the most than the rest of the skills indicated with a staggering 34% comparatively. Therefore, one’s salary would greatly depend on their skills in Negotiation.
The skill least likely to affect one’s pay would be Customer Relationship Management (CRM) with 1%. It can be said that Customer Relationship Management (CRM) skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Relationship Manager. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $72,577.00 whereas the highest earning is $125,360.00 which clearly shows the salary increases with the level of expertise.
Experienced person will earn the maximum salary of $125,360.00 at 33%. So to summerize, Entry Level earns 23% less than the average salary, Early Career earns 11% less than the average salary, Mid Carrer earns 2% more than the average salary, Late Career earns 23% more than the average salary, Experienced earns 33% more than the average salary.
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