Business Development Associate Salary

Median pay for Business Development Associates in the United States is around $47K per year. Total cash compensation to Business Development Associates bottoms out near $32K and approaches $82K on the high end; the biggest paychecks include approximately $16K from bonuses and almost $13K from profit sharing. Career duration and the particular city each impact pay for this group, with the former having the largest influence. A large number enjoy medical while more than half get dental coverage. Vision coverage is also available to more than half. Women make up a slight majority of Business Development Associates (52 percent) survey respondents. The majority of workers are highly satisfied with their job. The data in this summary comes from the PayScale salary survey.

$32,941 - $78,404
(Median)
$33K
$47K
$78K
MEDIAN: $47,092
10%
50%
90%

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$10.15 - $24.69
(Median)
$10
$16
$25
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
$32,941 - $78,404  
   
Bonus
$0.00 - $16,405  
Profit Sharing
$290.87 - $13,277  
Commission
$0.00 - $25,778  
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).
)
$31,686 - $82,167  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 1,356
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
$10.15 - $24.69  
   
Overtime
$12.45 - $34.34  
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 - $16,405  
   
Commission
$0.00 - $25,778  
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).
)
$31,686 - $82,167  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 197

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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. Business Development Associates typically move into roles as Business Development Managers or Marketing & Business Development Managers, and those positions pay $30K more and $20K more, respectively.

Business Development Associate Job Listings

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Popular Skills for Business Development Associate


Business Development Associates seem to require a rather large skill set. Most notably, skills in Business Analysis, New Business Development, Business Development, and Project Management are correlated to pay that is above average, with boosts between 4 percent and 8 percent. Skills that seem to negatively impact pay include Fundraising, Marketing Communications, and Microsoft Word. Most people familiar with Customer Relationship Management also know Sales and Market Research. Most people familiar with Business Development also know Market Research and Sales.

Pay by Experience Level for Business Development Associate

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


Salaries of relatively inexperienced workers fall in the neighborhood of $46K, but folks who have racked up five to 10 years see a notably higher median of $60K. People with 10 to 20 years of experience make an average of about $60K in this role. Business Development Associates who have spent more than 20 years on the job report earning a significantly higher median of $66K.

Pay Difference by Location


Home to some of the best pay for Business Development Associates, San Jose offers exceptional salaries, 22 percent above the national average. Business Development Associates will also find cushy salaries in Houston (+21 percent), San Francisco (+19 percent), New York (+17 percent), and Austin (+12 percent). Those in the field find the lowest salaries in Dallas, 14 percent below the national average. Two other places where employers offer below-median salaries are San Diego (11 percent less) and Philadelphia (7 percent less).

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



Business Development
up arrow 4%

Project Management
up arrow 2%

Customer Relationship Management (CRM)
up arrow 1%

Account Management
up arrow 1%

National Average
$48,000

Market Research
up arrow 1%

Sales
up arrow 1%

Microsoft Excel
up arrow 1%

Strategic Marketing
up arrow 4%

Powerpoint
up arrow 5%


Microsoft Word
up arrow 11%


Fundraising
up arrow 16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 248 votes.

Gender

Female
52 %
Male
48 %

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: 84% dental benefits Dental: 68%
vision benefits Vision: 54% employee benefits None: 14%