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Business Development Associate Salary

The average Business Development Associate in the United States can expect to rake in roughly $48K annually. Overall cash earnings for Business Development Associates stretch from $32K on the lower end to $82K near the top, and the heftiest packages can encompass around $15K from bonuses and $10K from profit sharing. Experience level is the biggest factor affecting pay for this group, followed by geography. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 52 percent. Medical benefits are awarded to most, and more than half earn dental coverage. Work is enjoyable for Business Development Associates, who typically claim high levels of job satisfaction.
$33,184 - $79,062
(Median)
33K
48K
61K
79K
MEDIAN: $47,744
10%
50%
75%
90%

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$10.10 - $24.74
(Median)
10
13
16
20
25
MEDIAN: $16.00
10%
25%
50%
75%
90%

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Show Annual Salary Show Hourly Rate

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
$33,184 - $79,062  
   
Bonus
$0.00 - $15,409  
Profit Sharing
$290.87 - $10,213  
Commission
$0.00 - $25,883  
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).
)
$31,695 - $82,460  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 1,315
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
$10.10 - $24.74  
   
Overtime
$10.14 - $33.50  
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 - $15,409  
   
Commission
$0.00 - $25,883  
Profit Sharing
$290.87 - $10,213  
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).
)
$31,695 - $82,460  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 185
United States (change)

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' salaries may rise greatly for those who assume a higher-end position such as a Business Development VP. The average Business Development VP bring home $146K per year. Typical career progression for a Business Development Associate involves becoming a Business Development Manager or a Marketing & Business Development Manager, roles that pay $30K more and $20K more on average.

Business Development Associate Job Listings

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Popular Skills for Business Development Associate


Survey results imply that Business Development Associates deploy a deep pool of skills on the job. Most notably, skills in Business Analysis, New Business Development, Project Management, and Business Development are correlated to pay that is above average, with boosts between 5 percent and 7 percent. Skills that pay less than market rate include Fundraising, Marketing Communications, and Microsoft Word. Those proficient in Market Research are, more often than not, also skilled in Sales. For most people, competency in Business Development indicates knowledge of Customer Relationship Management (CRM) and Sales.

Pay by Experience Level for Business Development Associate

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


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. The average beginner in this position makes around $46K, but folks who have been around for five to 10 years see a markedly higher median salary of $59K. Business Development Associates who work for 10 to 20 years in their occupation tend to earn about $60K. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $71K on average.

Pay Difference by Location


For those looking to make money, Business Development Associates in Austin enjoy an exceptional pay rate, 22 percent above the national average. Business Development Associates can also look forward to large paychecks in cities like Houston (+21 percent), San Jose (+20 percent), San Francisco (+18 percent), and New York (+16 percent). Dallas ranks last in the field for pay, reporting salaries 15 percent below the national average. Not at the bottom but still paying below the median are employers in San Diego and Philadelphia (13 percent lower and 7 percent lower, respectively).

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

Experience Affects Business Development Associate Salaries




National Average
$49,000


Skills That Affect Business Development Associate Salaries

Business Analysis
up arrow 7%




Account Management
up arrow 3%

Customer Relationship Management (CRM)
up arrow 1%

Microsoft Excel
0%

National Average
$49,000

Market Research
up arrow 1%

Sales
up arrow 1%

Strategic Marketing
up arrow 3%

Powerpoint
up arrow 5%


Microsoft Word
up arrow 11%


Fundraising
up arrow 17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 267 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
12%
1-4 years
61%
5-9 years
18%
10-19 years
7%
20 years or more
2%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 69%
vision benefits Vision: 54% employee benefits None: 14%