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Business Development Associate Salary

An average Business Development Associate in the United States can expect to take home roughly $47K annually. Cash earnings for Business Development Associates — including $16K in bonuses and $13K in profit sharing proceeds near the top of the pay scale — generally stretch from $32K to $82K depending on individual performance. Career length is the biggest factor affecting pay for this group, followed by geography. Job satisfaction for Business Development Associates is high. Medical benefits are awarded to most, and the greater part earn dental coverage. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 53 percent. The information for this snapshot was generated by responses to the PayScale salary survey.

$33,001 - $78,622
(Median)
$33K
$47K
$79K
MEDIAN: $47,311
10%
50%
90%

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$10.17 - $24.48
(Median)
$10
$16
$24
MEDIAN: $16.00
10%
50%
90%

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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$28K$56K$84K
Salary
$33,001 - $78,622  
   
Bonus
$0.00 - $16,426  
Profit Sharing
$290.87 - $13,277  
Commission
$0.00 - $26,791  
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).
)
$31,559 - $82,396  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 1,394
National Hourly Rate 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$14$28$42
Hourly Rate
$10.17 - $24.48  
   
Overtime
$12.77 - $34.14  
National Annualized 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$28K$56K$84K
Bonus
$0.00 - $16,426  
   
Commission
$0.00 - $26,791  
Profit Sharing
$290.87 - $13,277  
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).
)
$31,559 - $82,396  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 209

Find Out Exactly What You Should Be Paid

United States (change)


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Job Description for Business Development Associate

Business development associates help increase growth and sales for their company. The field in which they work may vary, including everything from information technology (IT) to marketing to engineering. Much of the position is focused on developing strategies to build new client relationships while maintaining existing relationships.

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Business Development Associate Tasks

  • Supervise implementation, advocate for the customer's needs, and communicate with client.
  • Identify, prioritize, and reach out to new business categories, partners and opportunities.
  • Develop, execute and evaluate new plans for expanding increasing sales.
  • Document all customer contact and information.

Common Career Paths for Business Development Associate


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Business Development Associates who go on to become Business Development VPs may see their salaries climb quite a bit. Median pay for Business Development VPs is $146K annually. Career advancement for the typical Business Development Associate often leads to becoming a Business Development Manager or a Marketing & Business Development Manager; median salaries in these positions are $30K higher and $19K higher, respectively.

Business Development Associate Job Listings

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Popular Skills for Business Development Associate


Business Development Associates seem to wield many skills on the job. Most notably, facility with Financial Analysis, Business Analysis, and New Business Development are correlated to pay that is significantly above average, leading to increases of 28 percent, 11 percent, and 6 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Fundraising, Marketing Communications, and Microsoft Word. Those familiar with Business Development also tend to know Market Research and Sales. It is often found that people who know Customer Relationship Management are also skilled in Sales and Market Research.

Pay by Experience Level for Business Development Associate

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Business Development Associates with a lot of experience do not necessarily enjoy more money. Relatively untried employees who have less than five years' experience make $46K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $60K. Business Development Associates who work for 10 to 20 years in their occupation tend to earn about $60K. Business Development Associates who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $66K.

Pay Difference by Location


San Jose offers some of the highest pay in the country for Business Development Associates, 24 percent above the national average. Business Development Associates can also look forward to large paychecks in cities like Houston (+21 percent), San Francisco (+17 percent), New York (+17 percent), and Austin (+12 percent). Dallas is the lowest-paying area, 14 percent south of the national average. Employers also pay below the national average in San Diego (10 percent lower) and Philadelphia (9 percent lower).

Business Development Associate Reviews

What is it like working as a Business Development Associate?

Business Development Associate in Chicago:
"Great experience where I've learned a ton."
Pros: I've worked 4.5 years as a business development associate doing a range of marketing and sales activities. The ownership and autonomy is what I like the most.
Cons: Stress level and compensation.

Related Job Salaries

United States (change)

Experience Affects Business Development Associate Salaries




National Average
$48,000


Skills That Affect Business Development Associate Salaries

Financial Analysis
up arrow 28%



Business Development
up arrow 3%

Project Management
up arrow 2%

Customer Relationship Management (CRM)
up arrow 1%

National Average
$48,000

Market Research
up arrow 1%

Microsoft Excel
up arrow 1%

Sales
up arrow 2%

Powerpoint
up arrow 5%

Strategic Marketing
up arrow 5%


Microsoft Word
up arrow 11%


Fundraising
up arrow 16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 239 votes.

Gender

Female
53 %
Male
47 %

Years of Experience

Less than 1 year
12%
1-4 years
62%
5-9 years
18%
10-19 years
6%
20 years or more
2%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 68%
vision benefits Vision: 54% employee benefits None: 15%
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