Business Development Associate Salary

The average Business Development Associate in the United States can expect to rake in roughly $48K annually. Cash earnings of Business Development Associates — including $17K in bonuses, $14K in profit sharing proceeds, and $25K in commissions near the top of the pay scale — stretch from approximately $32K to approximately $83K depending on individual performance. Compensation for this group is mainly affected by experience level, but geography and the particular employer are influential factors as well. Work is enjoyable for Business Development Associates, who typically claim high levels of job satisfaction. Most enjoy medical while a majority get dental coverage. Vision coverage is also available to just over a half. Women make up a slight majority of Business Development Associates (51 percent) survey respondents. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$33,521 - $78,977
(Median)
$34K
$48K
$79K
MEDIAN: $47,885
10%
50%
90%

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$10.32 - $25.47
(Median)
$10
$17
$25
MEDIAN: $16.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Salary
$33,521 - $78,977  
   
Bonus
$0.00 - $17,470  
Profit Sharing
$12.50 - $13,680  
Commission
$0.00 - $25,342  
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).
)
$32,071 - $82,937  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,625
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$14$28$42
Hourly Rate
$10.32 - $25.47  
   
Overtime
$14.74 - $39.25  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Bonus
$0.00 - $17,470  
   
Commission
$0.00 - $25,342  
Profit Sharing
$12.50 - $13,680  
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).
)
$32,071 - $82,937  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 249
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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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For Business Development Associates, progressing to a Business Development VP role may result in a significant raise. On average, a Business Development VP can earn $147K annually. Business Development Associates typically move into roles as Business Development Managers or Business Development Directors, and those positions pay $30K more and $64K more, respectively.

Business Development Associate Job Listings

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Popular Employer Salaries for Business Development Associate


Corporate Executive Board (CEB) offers the largest salaries in town ($44K on average), but the considerable range in workers' salaries creates a rather varied pay scale that stretches from $39K to $89K.

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, Project Management, and Business Development are correlated to pay that is above average, with boosts between 5 percent and 11 percent. Skills that seem to negatively impact pay include Fundraising, Marketing Communications, and Microsoft Word. A tool kit that includes Customer Relationship Management also typically contains Sales and Market Research. Those educated in Business Development tend to be well versed in 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.


Those in the early stages of their career can expect to make around $47K; however, individuals with five to 10 years of experience bring in $61K on average — a distinctly larger sum. People with 10 to 20 years of experience make an average of about $61K in this role. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $65K on average.

Pay Difference by Location

National Average: $49,009

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

For Business Development Associates, San Francisco provides a pay rate that is 19 percent greater than the national average. Business Development Associates can also look forward to large paychecks in cities like Houston (+14 percent), New York (+13 percent), Austin (+13 percent), and Los Angeles (+7 percent). In Dallas, salaries are 12 percent below the national average and represent the lowest-paying market. Workers in San Diego and Philadelphia earn salaries that trail the national average for those in this profession (9 percent less and 8 percent less, 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

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Experience Affects Business Development Associate Salaries




National Average
$49,000


Skills That Affect Business Development Associate Salaries




Business Development
up arrow 4%

Customer Relationship Management (CRM)
0%

Proposal Writing
0%

National Average
$49,000

Sales
up arrow 1%

Market Research
up arrow 1%

Microsoft Excel
up arrow 1%

Strategic Marketing
up arrow 2%

Powerpoint
up arrow 3%




Fundraising
up arrow 17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 219 votes.

Gender

Female
51 %
Male
49 %

Years of Experience

Less than 1 year
13%
1-4 years
62%
5-9 years
17%
10-19 years
6%
20 years or more
2%

Common Health Benefits

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