Business Development Executives in the United States can expect wages of $67K annually on average. Final cash compensation to Business Development Executives varies from around $39K to approximately $155K; choice pay grades include potential for bonuses and profit sharing as high as $50K and $19K, respectively. Experience level is the biggest factor affecting pay for this group, followed by geography. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to a majority. There are more male Business Development Executives than female among those who completed the questionnaire, making up 61 percent. Job satisfaction is reported as high by the vast majority of workers. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$36,860 - $141,717
$37K
$67K
$140K
MEDIAN: $67,003
10%
50%
90%

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$8.79 - $52.93
$8
$16
$53
MEDIAN: $16.48
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$60K$120K$180K
Salary
$36,860 - $141,717  
   
Bonus
$1,496 - $49,726  
Profit Sharing
$25.76 - $19,392  
Commission
$3,490 - $49,035  
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).
)
$38,902 - $155,457  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 420
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
$30.00  
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
$1,496 - $49,726  
   
Commission
$3,490 - $49,035  
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).
)
$38,902 - $155,457  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 16

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Business Development Executive

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

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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


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Business Development Executives may progress into high-paying roles like Business Development VP, where median compensation is $147K annually.

Business Development Executive Job Listings

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Popular Skills for Business Development Executive


Business Development Executives report using a large range 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 98 percent, 51 percent, and 7 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. Those educated in New Business Development tend to be well versed in Business Development.

Pay by Experience Level for Business Development Executive

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


Business Development Executives with a lot of experience tend to enjoy higher earnings. Workers in their first five years can expect to earn $59K, but people who have been around for five to 10 years earn a noticeably bigger sum of $82K. Experienced professionals — those with 10 to 20 years in the field — see salaries in the six-figure territory, securing around $103K on average. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $136K on average.

Pay Difference by Location

National Average: $77,441

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, 70 percent above the national average. Business Development Executives can also look forward to large paychecks in cities like Houston (+53 percent), Philadelphia (+29 percent), Dallas (+26 percent), and Denver (+16 percent). One of the biggest compensable factors for Business Development Executives is geography, with workers in Nashville earning a whopping 29 percent below the national average. Boston and Cincinnati are a couple other places where companies are known to pay below the median — salaries tend to be 18 percent less than the median.

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
39 %
Male
61 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 49 votes.
030
Less than 1 year
2%
1-4 years
30%
5-9 years
21%
10-19 years
31%
20 years or more
16%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Business Development Executive Salaries




National Average
$77,000


Skills That Affect Business Development Executive Salaries

Strategic Planning
up arrow 98%

Technical Sales
up arrow 51%


Sales Management
up arrow 6%


National Average
$77,000



Account Management
up arrow 27%

Sales
up arrow 35%

Customer Relationship Management (CRM)
up arrow 42%

Marketing Communications
up arrow 45%

Job Satisfaction

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

Gender

Female
39 %
Male
61 %

Years of Experience

Less than 1 year
2%
1-4 years
30%
5-9 years
21%
10-19 years
31%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 74%
vision benefits
Vision: 60%
dental benefits
None: 14%
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