What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »
Browse Categories

Business Development Executive Salary

With just over a half of Business Development Executives in the United States reporting more than 10 years of experience, the field is heavily weighted toward experienced professionals. Average pay for Business Development Executives is $68K annually and can range from $39K on the lower end to $151K per year near the higher end. Cash earnings of Business Development Executives — including $40K in bonuses, $73K in profit sharing proceeds, and $68K in commissions near the top of the pay scale — stretch from approximately $39K to approximately $151K depending on individual performance. Geographic location is the biggest factor affecting pay for this group, followed by experience level. Job satisfaction is high and work is enjoyable for most Business Development Executives. Business Development Executives who participated in the survey are largely men, dominating at 68 percent. Medical benefits are awarded to most, and a majority earn dental coverage.
$36,186 - $128,008
(Median)
36K
68K
97K
130K
MEDIAN: $67,680
10%
50%
75%
90%

Add this chart to your site: 640px    300px

$9.79 - $73.97
(Median)
9
50
74
MEDIAN: $19.00
10%
75%
90%

Add this chart to your site: 640px    300px

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$60K$120K$180K
Salary
$36,186 - $128,008  
   
Bonus
$0.00 - $39,840  
Profit Sharing
$1,226 - $73,404  
Commission
$-0.49 - $67,901  
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).
)
$38,993 - $151,491  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 400
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$30$60$90
Hourly Rate
$9.79 - $73.97  
   
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$60K$120K$180K
Bonus
$0.00 - $39,840  
   
Commission
$-0.49 - $67,901  
Profit Sharing
$1,226 - $73,404  
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).
)
$38,993 - $151,491  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 18
United States (change)

Job Description for Business Development Executive

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

Read More...

Business Development Executive Tasks

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

Common Career Paths for Business Development Executive


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


For Business Development Executives, career advancements do not tend to correlate with a rise in salary. On average, lower-level Business Development Executives earn similar salaries to those in higher-end positions like Business Development Manager.

Business Development Executive Job Listings

Search for more jobs:

Popular Skills for Business Development Executive


Business Development Executives generally report applying a varied skill set to their work. Most notably, skills in Strategic Sales, New Business Development, Business Development, and Account Sales are correlated to pay that is above average, with boosts between 4 percent and 14 percent. Sales and Account Sales, on the other hand, are typically associated with much lower pay. Those proficient in Business Development are, more often than not, also skilled in New Business Development.

Pay by Experience Level for Business Development Executive

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


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. Those who have worked for fewer than five years take home a median salary of $56K, and workers with five to 10 years of experience earn a higher $70K on average. For Business Development Executives, 10 to 20 years of experience on the job amounts to an average salary of $97K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $103K.

Pay Difference by Location


With a pay rate for Business Development Executives that is 65 percent greater than the national average, Washington offers a comfortable salary for those in this profession. Business Development Executives can also look forward to large paychecks in cities like San Francisco (+60 percent), Denver (+20 percent), New York (+18 percent), and Dallas (+16 percent). Boston is home to the smallest salaries in the field, lagging the national average by 18 percent. Below-median salaries also turn up in Houston and Miami (13 percent lower and 4 percent lower, respectively).

Business Development Executive Reviews

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

Experience Affects Business Development Executive Salaries



National Average
$75,000



Skills That Affect Business Development Executive Salaries



Business Development
up arrow 4%

National Average
$75,000


Sales
up arrow 34%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 71 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

Less than 1 year
2%
1-4 years
25%
5-9 years
19%
10-19 years
30%
20 years or more
24%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 70%
vision benefits Vision: 52% employee benefits None: 13%