The average Business Development Associate in the United States can expect to rake in roughly $48K per year. Overall incomes of Business Development Associates — including $17K bonuses, $15K profit sharing proceeds, and $25K commissions on the more lucrative end — generally ranges between $33K and $84K. Residence is the main element affecting pay for this group — tenure and the specific company are driving factors as well. Work is enjoyable for Business Development Associates, who typically claim high levels of job satisfaction. Women Business Development Associates who took the survey just slightly outnumber men. A large number enjoy medical while the greater part get dental coverage. Vision coverage is also available to over one-half. This snapshot results from replies to PayScale's salary survey.

$34,814 - $78,892
(Median)
$35K
$48K
$79K
MEDIAN: $48,386
10%
50%
90%

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$11.49 - $25.14
(Median)
$11
$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$29K$58K$87K
Salary
$34,814 - $78,892  
   
Bonus
$297.99 - $16,850  
Profit Sharing
$484.79 - $15,319  
Commission
$1,957 - $24,885  
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).
)
$32,833 - $84,114  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 1,197
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$15$30$45
Hourly Rate
$11.49 - $25.14  
   
Overtime
$19.43 - $39.17  
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$30K$60K$90K
Bonus
$297.99 - $16,850  
   
Commission
$1,957 - $24,885  
Profit Sharing
$484.79 - $15,319  
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).
)
$32,833 - $84,114  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 195
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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 may progress into high-paying roles like Business Development VP, where median compensation is $147K annually. Business Development Managers or Business Development Directors are common next-step roles for Business Development Associates moving up in their careers; annual pay for Business Development Managers is $29K higher on average, and it's $63K higher for Business Development Directors.

Business Development Associate Job Listings

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Popular Employer Salaries for Business Development Associate


Pay for Business Development Associates is best at Corporate Executive Board (CEB), which offers a median salary of $45K. However, the highest reported salaries don't seem to be much higher than the lowest ones; the pay range here runs from $39K to $56K.

Popular Skills for Business Development Associate


Survey respondents exploit a significant toolbox of skills in their work. Most notably, skills in Business Analysis, Data Analysis, New Business Development, and Powerpoint are correlated to pay that is above average, with boosts between 7 percent and 10 percent. Skills that seem to negatively impact pay include Marketing Communications, Microsoft Word, and Microsoft Office. Those educated in Business Development tend to be well versed in 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.


Those in the early stages of their career can expect to make around $48K; however, individuals with five to 10 years of experience bring in $62K on average — a distinctly larger sum. Business Development Associates claiming one to two decades of experience make an estimated median of $61K. Respondents who boast more than two decades on the job don't boast commensurate pay, unfortunately; these veterans see average earnings of only $58K.

Pay Difference by Location

National Average: $49,370

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

Business Development Associates will find that Atlanta offers an impressive pay rate, one which exceeds the national average by 15 percent. Business Development Associates will also find cushy salaries in San Diego (+14 percent), San Francisco (+13 percent), New York (+10 percent), and Houston (+5 percent). With compensation 15 percent below the national average, Dallas is not known for hefty paychecks and actually represents the lowest-paying market. Below-median salaries also turn up in Arlington and Austin (12 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 Houston:
"Work flexibility and company culture."
Pros: Not being under direct supervision is what I like most about my job. I have the freedom to accomplish tasks delegated to me in a manner I see fit.
Cons: This is a relatively new company and business model. The thing I like least is a lack of consistency. Issues are addressed on a case by case basis. Duplicate issues are often handled differently.

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



Data Analysis
up arrow 7%

Business Development
up arrow 2%

Project Management
up arrow 2%

Powerpoint
up arrow 2%

Market Research
up arrow 1%

Strategic Marketing
0%

National Average
$49,000

Customer Relationship Management (CRM)
up arrow 1%

Sales
up arrow 1%

Proposal Writing
up arrow 1%





Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 153 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
12%
1-4 years
65%
5-9 years
15%
10-19 years
5%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 81%
dental benefits
Dental: 67%
medical benefits
Vision: 53%
dental benefits
None: 18%
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