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Business Development Manager Salary in Minneapolis, Minnesota

Business Development Managers in Minneapolis pull down an average of $76K per year. Total cash compensation to Business Development Managers in Minneapolis, Minn. varies from $41K to $134K; higher pay grades include potential for bonuses and profit sharing as high as $35K each. The majority of Minneapolis Business Development Managers (68 percent) survey respondents are male. Job satisfaction is reported as high by the vast majority of workers. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to slightly less than one-half. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$39,627 - $108,055
(Median)
$40K
$76K
$110K
MEDIAN: $75,891
10%
50%
90%

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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$50K$100K$150K
Salary
$39,627 - $108,055  
   
Bonus
$1,957 - $34,922  
Profit Sharing
$-0.50 - $35,117  
Commission
$0.00 - $25,225  
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).
)
$41,398 - $133,703  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 82

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Pay by Experience Level for Business Development Manager in Minneapolis, Minnesota

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


Experience is an important factor influencing the compensation of Business Development Managers in Minneapolis. Workers in their first five years can expect to earn $52K, but people who have been around for five to 10 years earn a noticeably bigger sum of $85K. After working for 10 to 20 years, Business Development Managers in Minneapolis, Minn. make a median salary of $91K. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $103K on average.

United States (change)

Experience Affects Business Development Manager in Minneapolis, Minnesota Salaries

Late-Career
up arrow 19%

Experienced
up arrow 6%

National Average
$86,000

Mid-Career
up arrow 1%

Entry-Level
up arrow 40%

Skills That Affect Business Development Manager in Minneapolis, Minnesota Salaries

Financial Analysis
up arrow 32%

Project Management
up arrow 8%

Technical Sales
up arrow 7%

Microsoft Excel
up arrow 4%

Account Sales
up arrow 2%

National Average
$86,000

New Business Development
up arrow 4%

Sales Management
up arrow 4%

Strategic Planning
up arrow 13%

Customer Relationship Management (CRM)
up arrow 18%

Account Management
up arrow 19%

Sales
up arrow 27%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 16 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

Less than 1 year
1%
1-4 years
18%
5-9 years
22%
10-19 years
32%
20 years or more
27%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 76%
vision benefits Vision: 47% employee benefits None: 11%
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