Business Development Manager in Boston, Massachusetts Salary

Business Development Managers in Boston take home an average $73K per year. Cash earnings for Business Development Managers in Boston, Mass. — which occasionally include more than $31K from bonuses and more than $20K from profit sharing — stretch from around $50K to approximately $145K. Most workers in this position report high levels of job satisfaction. The majority of Boston Business Development Managers (65 percent) survey respondents are male. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. This overview is based on answers to PayScale's salary questionnaire.

$40,354 - $126,298
(Median)
$40K
$73K
$130K
MEDIAN: $73,424
10%
50%
90%

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Local 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$50K$100K$150K
Salary
$40,354 - $126,298  
   
Bonus
$1,021 - $30,868  
Profit Sharing
$0.00 - $19,727  
Commission
$4,942 - $49,316  
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).
)
$49,611 - $145,226  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 142
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Pay by Experience Level for Business Development Manager

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


For many Boston Business Development Managers, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Workers in their first five years can expect to earn $64K, but people who have been around for five to 10 years earn a noticeably bigger sum of $90K. Professionals who claim 10 to 20 years of experience can secure some pretty cushy paychecks; the median for this group is a six-figure $120K. Business Development Managers in Boston with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $131K.

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Experience Affects Business Development Manager Salaries

Late-Career
up arrow 52%

Experienced
up arrow 39%


National Average
$87,000


Skills That Affect Business Development Manager Salaries

Technical Sales
up arrow 27%

Strategic Planning
up arrow 5%

Project Management
up arrow 5%

Account Management
up arrow 3%

Marketing Management
up arrow 2%

National Average
$87,000

New Business Development
up arrow 3%

Sales Management
up arrow 5%

Account Sales
up arrow 6%

Sales
up arrow 13%


Microsoft Excel
up arrow 17%

Market Research
up arrow 24%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 15 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
1%
1-4 years
31%
5-9 years
29%
10-19 years
23%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 74%
medical benefits
Vision: 51%
dental benefits
None: 11%
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