Just below three-fifths of Minneapolis Business Development Managers have been in the field for more than 10 years. Pay can fall anywhere from $53K to $136K per year, but median earnings come to around $75K annually. A strong majority report receiving medical coverage from their employers and the larger part collect dental insurance. Most workers in this position report moderate levels of job satisfaction. This report is based on responses to the PayScale salary survey.

$52,319 - $118,359
(Median)
$52K
$75K
$120K
MEDIAN: $74,722
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
$52,319 - $118,359  
   
Bonus
$0.00 - $37,248  
Profit Sharing
$4,500  
Commission
$15,000  
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).
)
$53,277 - $136,479  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 58
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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.


Business Development Managers in Minneapolis, Minn. with a lot of experience tend to enjoy higher earnings. The average worker who claims fewer than five years of experience earns around $57K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $87K. Business Development Managers in Minneapolis see a median salary of $97K after reaching one to two decades on the job. Seasoned veterans with 20 years under their belts enjoy a median income of $112K.

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Experience Affects Business Development Manager Salaries



National Average
$90,000

Mid-Career
up arrow 3%

Entry-Level
up arrow 37%

Skills That Affect Business Development Manager Salaries

Financial Analysis
up arrow 26%

Account Sales
up arrow 12%

Strategic Sales
up arrow 11%

Customer Relationship Management (CRM)
up arrow 8%

Technical Sales
up arrow 8%

New Business Development
up arrow 3%

Sales
up arrow 1%

Account Management
0%

National Average
$90,000

Strategic Planning
up arrow 2%

Market Research
up arrow 2%

Sales Management
up arrow 8%

Microsoft Word
up arrow 8%

Project Management
up arrow 16%

Powerpoint
up arrow 20%

Microsoft Excel
up arrow 25%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

1-4 years
28%
5-9 years
15%
10-19 years
35%
20 years or more
22%

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 69%
medical benefits
Vision: 48%
dental benefits
None: 19%
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