Business Development Associate Salary

Pay for Business Development Associates in the United States sits in the ballpark of $48K per year. Total cash compensation for Business Development Associates runs from $32K to $83K depending on bonuses that can occasionally exceed $17K and profit sharing that can reach almost $14K. While the particular city and the specific company impact pay for this group, career length is the most influential factor. Women Business Development Associates who took the survey just slightly outnumber men. Most workers in this position report high levels of job satisfaction. A large number enjoy medical while the greater part get dental coverage. Vision coverage is also available to slightly more than half.

$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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Business Development Associates who transition into a Business Development VP role may receive large pay increases as the latter position pays an average $147K per year. A common career progression for a Business Development Associate is to become a Business Development Manager or a Business Development Director. Compared to Business Development Associates, the first group earns $30K more on average, and the second group earns $64K more.

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


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 11 percent. Skills that seem to negatively impact pay include Fundraising, Marketing Communications, and Microsoft Word. Those who learned Customer Relationship Management also tend to know Sales and Market Research. For most people, competency in Business Development indicates knowledge of 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 for the relatively untried average out to around $47K, but survey participants with five to 10 years of experience earn a significantly higher median of $61K. Business Development Associates who work for 10 to 20 years in their occupation tend to earn about $61K. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $65K.

Pay Difference by Location

National Average: $49,009

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

Home to some of the best pay for Business Development Associates, San Francisco offers exceptional salaries, 19 percent above the national average. Business Development Associates will also find cushy salaries in Houston (+14 percent), New York (+13 percent), Austin (+13 percent), and Los Angeles (+7 percent). Falling short of the national average by 12 percent, the area with the worst salaries is Dallas. Not at the bottom but still paying below the median are employers in San Diego and Philadelphia (9 percent lower and 8 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

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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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