Junior executives are paid to maintain existing customer relations.
Junior account executives work primarily in the advertising industry manages and maintains the advertising account of existing clients. These junior executives usually work as assistants to senior executives or are given charge over smaller accounts. According to the Bureau of Labor Statistics, there were a total of 5,210 account executives employed in the state of New York in 2010. Account executives in New York made average salaries significantly higher than the national average.
Salary Range
Account executives in New York earned an average annual salary of $142,330, as of May 2010, according to the Bureau of Labor Statistics. However, this salary figure included the salaries of both junior and senior account executives. Junior account executives will generally make salaries near the bottom end of the pay scale. The BLS indicates that the lowest-paid account executives in New York made 62,890 or less per year, while those in the bottom 25 percent of the pay scale made $92,850 or less.
Earning Potential
Junior account executives that advance throughout their careers in New York can expect to make substantially more. The BLS indicates that the median salary for those working as account executives in New York made salaries of more than $122,190 per year in 2010. Those in the upper one-fourth of the pay scale made salaries in excess of $166,400 per year. This is about $40,000 higher than the upper 25 percent nationwide who made $122,570 or more per year, according to the bureau.
Locations
Salaries for junior executives vary throughout the state of New York. For instance, the BLS indicates that the lowest-paid junior executives worked in Rochester, earning salaries of $49,190 or less per year. Those employed in New York City made $68,580 or less, while those working in Buffalo made less than $57,400. In Albany, junior executives could generally expect to make $55,460 or less, while those working in Syracuse brought home $52,640.
Job Outlook
Although the Bureau of Labor Statistics projects job growth at a rate of 13 percent for account managers in the fields of advertising, marketing, public relations and sales, it also notes that the number of jobs in advertising account management will increase by very little, if any at all. The bureau indicates that this trend will largely be due to a significant reduction in the number of advertising agencies nationwide. Some additional opportunity will exist, however, primarily in the field of digital media advertising.
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