Business Development Executive Salary

Business Development Executives in the United States can expect to earn an average of $68K annually. Total cash earnings of Business Development Executives range from $39K on the low end to $159K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $50K and $19K, respectively. Experience level is the biggest factor affecting pay for this group, followed by geography. Medical benefits are awarded to most, and a strong majority earn dental coverage. Work is enjoyable for Business Development Executives, who typically claim high levels of job satisfaction. The majority of Business Development Executives (60 percent) survey respondents are male.

$37,588 - $144,039
$38K
$68K
$140K
MEDIAN: $68,228
10%
50%
90%

Add this chart to your site: 640px    300px

$8.79 - $52.93
$8
$17
$53
MEDIAN: $17.42
10%
50%
90%

Add this chart to your site: 640px    300px

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$60K$120K$180K
Salary
$37,588 - $144,039  
   
Bonus
$1,215 - $49,777  
Profit Sharing
$25.76 - $19,392  
Commission
$2,534 - $49,405  
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).
)
$38,736 - $159,137  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 411
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$30$60$90
Hourly Rate
$8.79 - $52.93  
   
Overtime
$31.42  
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$60K$120K$180K
Bonus
$1,215 - $49,777  
   
Commission
$2,534 - $49,405  
Profit Sharing
$25.76 - $19,392  
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).
)
$38,736 - $159,137  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 16

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Business Development Executive

Duties of a business development executive may vary, but typically include:

Read More...

Business Development Executive Tasks

  • Develop positive business relationships with clients.
  • Identify and pursue new opportunities for business partnerships.
  • Write business proposals and lead negotiation of contract terms.
  • Evaluate the benefits and risks of potential partnerships.

Common Career Paths for Business Development Executive


Add this chart to your site:   640px 640px    300px 300px


Business Development Executives who go on to become Business Development VPs may see their salaries climb quite a bit. Median pay for Business Development VPs is $147K annually.

Business Development Executive Job Listings

Search for more jobs:

Popular Skills for Business Development Executive


Business Development Executives report using a deep pool of skills on the job. Most notably, facility with Strategic Planning, Technical Sales, and Strategic Sales are correlated to pay that is significantly above average, leading to increases of 96 percent, 36 percent, and 13 percent, respectively. Those listing Marketing Communications as a skill should be prepared for drastically lower pay. Customer Relationship Management and Sales also typically command lower compensation. It is often found that people who know New Business Development are also skilled in Business Development.

Pay by Experience Level for Business Development Executive

Pay by Experience for a Business Development Executive has a positive trend. An entry-level Business Development Executive with less than 5 years of experience can expect to earn an average total compensation of $59,000 based on 174 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Business Development Executive with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $81,000 based on 141 salaries. An experienced Business Development Executive which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $107,000 based on 158 salaries. A Business Development Executive with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $138,000 based on 73 salaries.

Pay Difference by Location

National Average: $78,261

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

For those looking to make money, Business Development Executives in San Francisco enjoy an exceptional pay rate, 53 percent above the national average. Business Development Executives can also look forward to large paychecks in cities like Houston (+53 percent), Philadelphia (+28 percent), Atlanta (+21 percent), and Denver (+19 percent). Location significantly influences compensation, with Nashville Business Development Executives earning much less — 30 percent less — than the national average. Boston and Cincinnati are a couple other places where companies are known to pay below the median — salaries are 21 percent lower and 18 percent lower, respectively.

Business Development Executive Reviews

Q: What is it like working as a Business Development Executive?

Business Development Executive in Puerto Rico:
"Defining What Business We Are In."
Pros: You have to get to be creative and analytic at the same time. I have to read a lot in order to have the answers and actually develop products that are not only sellable, but profitable.
Cons: Managing projects when people have large egos is very tough because I get motivated by results, others need recognition and importance to produce. Stress is high when deadlines are close and people lack commitment, I make sure the job gets done.

Related Job Salaries

Key Stats for Business Development Executive

Gender

Female
40 %
Male
60 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 49 votes.
Less than 1 year
3%
1-4 years
30%
5-9 years
20%
10-19 years
30%
20 years or more
17%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Business Development Executive Salaries

▲76%

▲36%

▲3%

National Average
$78,000

▼25%

Skills That Affect Business Development Executive Salaries

Strategic Planning
▲96%

Technical Sales
▲36%



Sales Management
▲5%

National Average
$78,000



Account Management
▼28%

Sales
▼36%

Customer Relationship Management (CRM)
▼42%

Marketing Communications
▼46%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 49 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
3%
1-4 years
30%
5-9 years
20%
10-19 years
30%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 74%
vision benefits
Vision: 60%
no benefits
None: 14%