Business Development Associate Salary

Median pay for Business Development Associates in the United States lies in the neighborhood of $50K per year. Total cash incomes of Business Development Associates run from $34K to $85K, depending on bonuses that can occasionally exceed $18K, profit sharing that reaches $15K, and some commissions of nearly $25K. Compensation for this group is mainly affected by geographic location, but tenure and the individual firm are influential factors as well. Job satisfaction for Business Development Associates is high. A large number enjoy medical while the greater part get dental coverage. Vision coverage is also available to a little more than half. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 52 percent.

$35,758 - $79,809
$36K
$50K
$80K
MEDIAN: $49,665
10%
50%
90%

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$11.29 - $26.46
$11
$17
$26
MEDIAN: $17.05
10%
50%
90%

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$0$85K
Salary $35,758 - $79,809
Bonus $502 - $17,818
Profit Sharing $490.68 - $14,795
Commission $1,490 - $24,755
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).
)
$33,921 - $85,418
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 1,230
Hourly Data $0$38
Hourly Rate $11.29 - $26.46
Overtime $18.21 - $38.45
Annual Data $0$85K
Bonus $502 - $17,818
Commission $1,490 - $24,755
Profit Sharing $490.68 - $14,795
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).
)
$33,921 - $85,418
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 202

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

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

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 $147K annually. Business Development Associates moving up in their careers tend to step into positions as Business Development Managers or Business Development Directors. The median paychecks in those roles are $28K higher and $62K higher, respectively.

Business Development Associate Job Listings

Popular Employer Salaries for Business Development Associate


Although Corporate Executive Board (CEB) heads up the field in terms of compensation, offering the highest median salary at $44K, pay at this particular employer still varies considerably, running the full spectrum from $39K to $72K.

Popular Skills for Business Development Associate


Survey respondents exploit a significant toolbox of skills in their work. Most notably, skills in Business Analysis, Data Analysis, Powerpoint, and New Business Development are correlated to pay that is above average, with boosts between 6 percent and 11 percent. Skills that seem to negatively impact pay include Microsoft Word, Microsoft Office, and Microsoft Excel. Most people familiar with Business Development also know Sales and Market Research.

Pay by Experience Level for Business Development Associate

Pay by Experience for a Business Development Associate has a positive trend. An entry-level Business Development Associate with less than 5 years of experience can expect to earn an average total compensation of $49,000 based on 1,190 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Business Development Associate with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $63,000 based on 246 salaries. An experienced Business Development Associate which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $61,000 based on 106 salaries. A Business Development Associate with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $58,000 based on 33 salaries.

Pay Difference by Location

National Average: $50,669

Larger city markers indicate a job is popular in that location.

San Francisco offers some of the highest pay in the country for Business Development Associates, 22 percent above the national average. Business Development Associates will also find cushy salaries in San Diego (+17 percent), New York (+11 percent), Atlanta (+9 percent), and Miami (+9 percent). Dallas ranks last in the field for pay, reporting salaries 14 percent below the national average. Below-median salaries also turn up in Philadelphia and Austin (10 percent lower and 7 percent lower, respectively).

Business Development Associate Reviews

Q: What is it like working as a Business Development Associate?

Business Development Associate in Houston:
"Work flexibility and company culture."
Pros: Not being under direct supervision is what I like most about my job. I have the freedom to accomplish tasks delegated to me in a manner I see fit.
Cons: This is a relatively new company and business model. The thing I like least is a lack of consistency. Issues are addressed on a case by case basis. Duplicate issues are often handled differently.

Business Development Associate in Herndon:
"Business Development Associate."
Pros: I like the opportunity to travel and interact with customers.
Cons: The administrative work and ambiguity of my job description.

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.

Business Development Associate in Pittsburgh:
Pros: Get to help people.
Cons: Competetiveness.

Related Job Salaries

Key Stats for Business Development Associate

Gender

Female
52 %
Male
48 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 189 votes.
Less than 1 year
12%
1-4 years
65%
5-9 years
15%
10-19 years
6%
20 years or more
3%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Business Development Associate Salaries

▲24%

▲20%

▲15%

National Average
$51,000

▼4%

Skills That Affect Business Development Associate Salaries

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 189 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
12%
1-4 years
65%
5-9 years
15%
10-19 years
6%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 70%
vision benefits
Vision: 55%
no benefits
None: 15%
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