Role overview
Manage and grow sales within assigned geographic territory or market segment.
Annual Salary β 2025
Junior Level
$29,415 - $39,220
Experience: 0-2 years
Middle Level
$39,220 - $58,830
Experience: 3-5 years
Senior Level
$58,830 - $88,245
Experience: 6+ years
Estimated Take-Home Pay
Expected monthly income after standard tax deductions (approx. 20%)
$3,268
Hourly Rate
$20.03 - $27.11 per hour
Based on 40-hour work week, rates may vary by region and company
Healthcare
Comprehensive medical, dental and vision insurance coverage for you and your family
Approx. $3,432 per year
Annual Bonus Range
Typical performance-based annual bonus range
$4,903 - $7,354
Equity Bonus
Company equity compensation based on local market standards and company policy
Up to $4,903
Total Housing Budget
Recommended monthly spending on rent/mortgage and utilities
Up to $800
Retirement Savings Target
Recommended monthly retirement account contribution
$600
Recommended Emergency Fund
Financial safety net for unexpected expenses and life events
$12,256 - 24,513
Monthly Savings Targets
Recommended amount to set aside each month for your financial security and future goals
Approx. $1,200
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Education Requirements
Bachelor's in Business or related field
Professional Certifications
Training & Development
- Comprehensive onboarding program with mentorship opportunities
- Cross-functional training opportunities
- Agile methodology training and certification support
- Industry conference participation support
Required Skills
Core Skills
Trending Skills
Emerging Skills
Specifics
Work Environment
Tools
Collaboration
Time Zones
Benefits
Common Benefits
Additional Benefits
Market Trends
Demand
Very High
Growth Rate
20% annual growth
Remote Work
Availability: Very High
Trend: Transition to distributed team structures with emphasis on cross-timezone collaboration and cultural awareness
Job Platforms
Key Industries
Similar Positions
Other positions similar to Sales Territory Manager:
Cross-Country Pay Scale
Explore Sales Territory Manager salaries worldwide. Below you'll find a comparison of average annual compensation in different countries relative to the base rate in Latvia ($49,025).
Uzbekistan
Costa Rica
Peru
Australia
United Kingdom
Singapore
Bhutan
Bulgaria
Slovakia
PhilippinesFrequently Asked Questions
What is the average Sales Territory Manager salary in Latvia?
The average salary for a Sales Territory Manager in Latvia is $49,025 per year. Entry-level positions (Junior Level) start at $29,415 - $39,220, while experienced professionals (Senior Level) can earn up to $58,830 - $88,245.
What skills are required for a Sales Territory Manager role?
Core skills include Territory Management, Sales, Strategy. Trending skills are Virtual Sales, Digital Territory Management, while emerging skills focus on AI Territory Planning, Predictive Sales.
What is the job market outlook for Sales Territory Managers?
The job market shows high demand with 15% annual growth. Remote work opportunities are increasing, with high availability across various job platforms. Key industries include Automotive Tech, FinTech, Clean Tech, Finance, Gaming Industry, Telecommunications, Blockchain.
What benefits are typically offered to Sales Territory Managers in Latvia?
Common benefits include Health Insurance, Paid Time Off, Remote Work Options, Professional Development. Additional benefits may include Stock Options, Performance Bonuses, Health and Wellness Programs, Home Office Setup.
What roles are similar to Sales Territory Manager?
Similar positions to Sales Territory Manager include Regional Sales Manager, Area Sales Manager, District Sales Manager, Field Sales Manager. These roles share many of the same responsibilities and required skills, though their focus areas may vary slightly by organization.
What is the hourly rate for Sales Territory Managers in Latvia?
Based on a standard 40-hour work week, Sales Territory Managers in Latvia typically earn between $20.03 and $27.11 per hour per hour. Rates may vary depending on location, experience level, and specific employer.
What are the core and trending skills for Sales Territory Managers?
Core skills essential for Sales Territory Managers include Territory Management, Sales, Strategy. The most in-demand trending skills currently are Virtual Sales, Digital Territory Management. Professionals looking to stay competitive should also keep an eye on emerging skills like AI Territory Planning, Predictive Sales.
About Salary Data
Our salary data is compiled from trusted sources including:
- U.S. Bureau of Labor Statistics - Official employment statistics
- Eurostat - European Union labor market data
- ILOSTAT - The leading source of labour statistics
- Glassdoor - Company salary reports
- Levels.fyi - Tech industry compensation data
- Indeed - Job market analysis
Additional market insights from:
Note: Salary ranges are approximate and may vary based on location, experience, skills, and other factors. Data is regularly updated to reflect current market conditions.
