Sales Managers

Wages & Outlook

Wages

Wages vary by the manager's level of responsibility, experience, and education. The size and location of the firm as well as the product sold also affect wages. In addition, the size of the manager's territory affects wages. Managers who are successful may earn bonuses.

Full-time sales managers usually receive benefits. Typical benefits include sick leave, paid vacation, and health insurance. In large companies, managers may also receive a retirement package.

View the Regional Wage Comparison Chart for:

Sales Managers

Employment

In Minnesota, about 7,722 sales managers work in this medium-sized occupation.

Sales managers work in almost every industry.

Major employers:

Retail trade companies
Wholesale trade companies
Manufacturers
Finance and insurance agencies

Outlook

As the economy grows, businesses will increase their focus on new sales. Growth is expected to be stronger for sales managers who sell to businesses instead of consumers. This is because the rise of online shopping has reduced the need for sales calls to consumers.

The outlook for sales managers varies by industry. The state of the economy also affects sales managers. When it is weak, people buy fewer goods and services. During these periods, the number of jobs for sales managers drops.

Strong competition is expected for jobs because other managers and highly experienced professionals often seek these jobs.

Employment Outlook for Sales Managers
	Employment		Employment Change
	2010	2020	Number	Percent
U S	342,100	382,300	40,100	11.7%
Minnesota	9,555	10,484	929	9.7%
	2010	2020	Number	Percent
Central Minnesota	554	644	90	16.2%
Northeast Minnesota	251	283	32	12.7%
Northwest Minnesota	397	463	66	16.6%
Southeast Minnesota	509	576	67	13.2%
Southwest Minnesota	361	402	41	11.4%
Seven County Mpls-St Paul, MN	7,543	8,154	611	8.1%