Get a Salary Report for



- Compare Your Salary
- Evaluate a Job Offer


- Price a New Hire
- Give a Raise



- Benchmark Jobs
- Create a Comp Plan

Business Development Manager Salary

Change Country United Kingdom » Job » Business Development Manager Overview » Business Development Manager Salary
Updated: 18 Jun 2013
Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
- OR -
Job Satisfaction
Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 162 Business Development Manager votes.
Follow Us On:
follow us on twitter    linkedin  
Subscribe to Our Newsletter
Salary and career advice to put you a step ahead.
newsletter icon

ADVERTISEMENT
Business Development Manager 2013 Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
£23,298 - £64,842
(Median)
0
23K
30K
39K
51K
65K
MEDIAN: £39,285
10%
25%
50%
75%
90%

Business Development Manager Job Listings

Search for more jobs:
job title / company
location
national salary data
National Salary Data

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
£0£22K£44K£66K
Salary£21,363 - £55,505  
   
Bonus£0.00 - £15,331  
Profit Sharing£484.79 - £5,034  
Commission£0.00 - £15,613  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
£23,298 - £64,842  
PayScale
Country: United Kingdom | Currency: GBP | Updated: 18 Jun 2013 | Individuals Reporting: 1,022

Job Description for Business Development Manager

A business development manager plays many different roles related to helping a business grow. One main duty of a business development manager is achieving revenue goals. An individual in this position must actively identify and generate prospects using strategies geared towards customers in their target markets. Maintaining good working relationships with current clients is key as well. This helps to increase client retention and to promote new sales and connections through referrals and references. Along those same lines, a business development manager must also find and develop new and existing referral sources from which successful referential relationships can be gained. A typical day in the life of a business development manager may include meeting with different company teams and establishing goals and strategies, meeting with clients to discuss business relationships, developing proposals for new strategies, etc. Business development managers are hired in almost any and every type of industry.
BD Managers have a lot of flexibility concerning where they are able to work. The work environment is typically in corporate offices of the companies which employ them. Business development managers work with a number of different people on any given day. One of the most important work relationships for this position is the relationship with sales managers. Business development managers work alongside these, and other department heads, to collaborate on and implement sales strategies, goals, and techniques. Other key people with which the business development manager works with include marketing teams and research teams as well as current clients. Key skills required include excellent interpersonal communication skills and the ability to multitask in addition to the ability to work with a wide range of different people. A bachelor's degree in business or a related field is the typical requirement for this type of position. A typical work week for a business development manager is usually the normal 40 hours per week, although this figure may vary depending on the employer, pending completion of projects, etc.
Business Development Manager Tasks
  • Identify and develop new and existing referral sources to develop successful referring relationships.
  • Actively identify and generate prospects through strategic sales strategies focusing on customers in target markets.
  • Achieve revenue goals.
  • Maintain good working relationships with existing clients previously to enhance client retention and new sales through referrals and references.
Your Business Development Manager Connections Invite your friends

Please log in with Facebook to see who you know.


Facebook_Login

company salaries
Companies and Industries for Business Development Manager Salaries

Popular Industries

Salary Range

Information Technology (IT) Services£21,362 - £58,690
Business Consulting£21,991 - £59,233
Financial Services£22,325 - £60,311
Manufacturing£22,743 - £61,219
Telecommunications£22,146 - £59,854
Popular Employers

Salary Range

There is not enough data available to display this chart.

key statistics
Key Statistics for Business Development Manager Salaries and Jobs

Female
30%
female alumni
 
Male
70%
male alumni
Salary:£23,927 - £38,760 £29,111 - £46,464
Years of Experience
Less than 1 year
3%
1-4 years
31%
5-9 years
32%
10-19 years
25%
20 years or more
9%
Most Common Health Benefits
medical benefits Medical: 45% dental benefits Dental: 13%
vision benefits Vision: 11% employee benefits None: 50%

alumni reports
Special Features

ceo incomes
Fortune 100 CEO Income Compared to Average Worker at Company
Many CEOs earn millions a year, but how does their pay compare to the average worker at their company? We list the highest earners.
More Special Features
»
Which jobs, cities and industries are seeing wages rise or fall? Track the latest compensation trends with The PayScale Index Q1 2013 results.
» You think you have a bad boss? We reveal the Top 5 Jobs That Hate Their Boss.

career path
Career Path for Business Development Manager Jobs

Common Past Jobs
Common Future Jobs

Business Development Manager

Salary Range

£23,298 - £64,842
payscale
Account Manager
£17,308 - £42,735
Regional Sales Manager
£26,865 - £68,910
Account Manager Sales
£17,524 - £48,236
 
Common Future Jobs

Business Development Manager

Salary Range

£23,298 - £64,842
payscale
Business Development Director
£39,950 - £103,740
Sales Director
£36,620 - £95,939
National Sales Manager
£28,711 - £65,287
 

career path
Salary Map for Business Development Manager Jobs

Highest Salaries By City for Business Development Manager Jobs

Top Cities by Popularity for Business Development Manager Jobs

Highest Salaries By City Top Cities by Popularity

average job salaries
More Charts for Business Development Manager Jobs

Next Steps
Start the survey
- OR -
Sign in with LinkedIn
PayScale Research
Center