Business Development Executives in the United States can expect to earn an average of $67K annually. Total cash compensation to Business Development Executives approaches anywhere from $39K on the lower end to $157K on the higher end; in exceptional cases, this can include more than $51K from bonuses and upwards of $23K from profit sharing. Career length 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. Male Business Development Executives who responded to the survey are more common than women; more than half (65 percent) are men. Job satisfaction is reported as high by the vast majority of workers. The data for this synopsis comes from respondents who took the PayScale salary survey.

$36,721 - $143,338
(Median)
$37K
$67K
$140K
MEDIAN: $67,256
10%
50%
90%

Add this chart to your site: 640px    300px

$8.79 - $56.17
(Median)
$8
$17
$56
MEDIAN: $17.00
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
$36,721 - $143,338  
   
Bonus
$1,225 - $50,608  
Profit Sharing
$62.50 - $23,000  
Commission
$3,710 - $48,047  
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).
)
$39,033 - $156,549  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | 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 - $56.17  
   
Overtime
$51.00  
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
$1,225 - $50,608  
   
Commission
$3,710 - $48,047  
Profit Sharing
$62.50 - $23,000  
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).
)
$39,033 - $156,549  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 16
United States (change)

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

  • 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


Business Development Executives may experience a large salary bump if they progress into a role such as Business Development VP. The latter position pays an average of $147K annually.

Business Development Executive Job Listings

Search for more jobs:

Popular Skills for Business Development Executive


Survey participants wield an impressively varied skill set on the job. Most notably, facility with Strategic Planning, Technical Sales, and Sales Management are correlated to pay that is significantly above average, leading to increases of 98 percent, 54 percent, and 6 percent, respectively. Those listing Marketing Communications as a skill should be prepared for drastically lower pay. Sales and Account Management also typically command lower compensation. For most people, competency in New Business Development indicates knowledge of 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. Salaries for the relatively untried average out to around $59K, but survey participants with five to 10 years of experience earn a significantly higher median of $82K. Professionals who spend a good 10 to 20 years in the workforce haul in an average of $107K. Business Development Executives who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $136K.

Pay Difference by Location

National Average: $77,223

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

Seattle offers some of the highest pay in the country for Business Development Executives, 62 percent above the national average. Business Development Executives can also look forward to large paychecks in cities like Houston (+54 percent), Atlanta (+33 percent), Dallas (+26 percent), and Washington (+6 percent). Business Development Executives in Phoenix make 24 percent less than the national average, proving that location is a major factor in pay. Employers also pay below the national average in Cincinnati (19 percent lower) and Boston (18 percent lower).

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

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Employers: Start Here »

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 54%

Sales Management
up arrow 6%

Strategic Sales
up arrow 2%

New Business Development
up arrow 1%

National Average
$77,000

Business Development
up arrow 3%


Customer Relationship Management (CRM)
up arrow 24%

Account Management
up arrow 27%

Sales
up arrow 35%

Marketing Communications
up arrow 45%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 46 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
2%
1-4 years
32%
5-9 years
21%
10-19 years
31%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 73%
medical benefits
Vision: 60%
dental benefits
None: 14%
ADVERTISEMENT