Business Development Associate Salary

Median pay for Business Development Associates in the United States is around $47K annually. With some bonuses approaching $16K and certain profit sharing proceeds approaching $14K, overall incomes of Business Development Associates spread between $32K and $82K depending on individual performance. Residence is the biggest factor affecting pay for this group, followed by experience level. Women Business Development Associates who took the survey just slightly outnumber men. Most report receiving medical coverage from their employers and the greater part collect dental insurance. Work is enjoyable for Business Development Associates, who typically claim high levels of job satisfaction. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$33,074 - $78,043

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$10.23 - $25.21

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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
$33,074 - $78,043  
   
Bonus
$0.00 - $16,447  
Profit Sharing
$162.50 - $13,680  
Commission
$0.00 - $28,828  
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).
)
$31,797 - $81,585  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 1,452
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
$10.23 - $25.21  
   
Overtime
$14.13 - $37.90  
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 - $16,447  
   
Commission
$0.00 - $28,828  
Profit Sharing
$162.50 - $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).
)
$31,797 - $81,585  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 214
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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 $145K annually. 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 $63K more.

Business Development Associate Job Listings

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Popular Skills for Business Development Associate


Survey respondents exploit a significant toolbox of skills in their work. Most notably, skills in Business Analysis, New Business Development, Business Development, and Project Management are correlated to pay that is above average. At the other end of the pay range are skills like Fundraising, Proposal Writing, and Marketing Communications. Those familiar with Business Development also tend to know Market Research and Sales. The majority of those who know Customer Relationship Management also know Sales and Market Research.

Pay by Experience Level for Business Development Associate

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


Business Development Associates with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Those in the early stages of their career can expect to make around $46K; however, individuals with five to 10 years of experience bring in $60K on average — a distinctly larger sum. Business Development Associates claiming one to two decades of experience make an estimated median of $61K. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $65K, demonstrating that compensation is roughly commensurate with experience in the end.

Pay Difference by Location


For Business Development Associates, busy San Jose offers a higher-than-average pay rate, 25 percent above the national average. Business Development Associates can also look forward to large paychecks in cities like Houston (+17 percent), San Francisco (+16 percent), New York (+14 percent), and Austin (+12 percent). In San Diego, salaries are 14 percent below the national average and represent the lowest-paying market. Two other places where employers offer below-median salaries are Dallas (13 percent less) and Philadelphia (10 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

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Experience Affects Business Development Associate Salaries




National Average
$48,000


Skills That Affect Business Development Associate Salaries



Business Development
up arrow 3%

Project Management
up arrow 2%

Customer Relationship Management (CRM)
0%

National Average
$48,000

Market Research
up arrow 1%

Microsoft Excel
up arrow 1%

Sales
up arrow 3%

Strategic Marketing
up arrow 3%

Powerpoint
up arrow 5%


Microsoft Word
up arrow 11%


Proposal Writing
up arrow 15%

Fundraising
up arrow 17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 215 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: 83% dental benefits Dental: 68%
vision benefits Vision: 54% employee benefits None: 15%
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