Yes, sales managers make a lot of money, in general. Sales managers make a median salary of over $126,000 in a year. The top-paid 25% make at least $177,000 per year, while the lowest-paid 25% make $85,000 in a year.
Sales managers' salaries are dependent on several factors, including the duties of the position, level of education, amount of experience, and the industry in which a person works.
For example, a new sales manager in a small office will likely earn less than the average salary, while those in corporate positions at large and complex companies will likely earn more than average pay.
Additionally, sales managers with higher levels of educational achievement will typically earn more than those with only their associate's degree.
This is because they have additional knowledge and training in both sales and business practices, which qualifies them to take on additional responsibilities within the position, which often comes with higher pay.
