Business Development Manager in Minneapolis, Minnesota Salary

The median total income of Business Development Managers in Minneapolis, Minn. is around $87K, and for the average worker in this area, a good chunk of that (approximately one-fourth, in fact) comes from commissions. Most Minneapolis Business Development Managers survey respondents are men (72 percent). Health benefits are not enjoyed by everyone in this line of work, and close to a fifth lack any coverage at all. Medical benefits are reported by a fair number and dental coverage is claimed by a strong majority. Most people on this career path report moderate levels of job satisfaction. The data in this summary comes from the PayScale salary survey.

$50,072 - $112,369
$50K
$68K
$110K
MEDIAN: $68,314
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
$50,072 - $112,369  
   
Bonus
$0.00 - $40,607  
Profit Sharing
$5,000  
Commission
$21,000  
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).
)
$54,347 - $124,969  
Country: United States | Currency: USD | Updated: 5 May 2017 | Individuals Reporting: 61

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United States (change)

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About Minneapolis, Minnesota

Hennepin County, Minnesota
410,935
Male:
206,547 (50.3%)
Female:
204,388 (49.7%)
Minneapolis (/ˌmɪniˈæpəlɪs/) is the county seat of Hennepin County, and larger of the Twin Cities, the 16th-largest metropolitan area in the United States, containing about 3.5 million residents. As of 2015, Minneapolis is the largest city in the state of Minnesota and 46th-largest in the United States with a population of 410,939. Minneapolis and Saint Paul anchor the second-largest economic center in the Midwest, after Chicago. Minneapolis lies on both banks of the Mississippi River, just north of the river's confluence with the Minnesota River, and adjoins Saint Paul, the state's capital. The city is abundantly rich in water, with thirteen lakes, wetlands, the Mississippi River, creeks and waterfalls, many connected by parkways in the Chain of Lakes and the Grand Rounds National Scenic Byway. It was once the world's flour milling capital and a hub for timber. The city and surrounding region is the primary business center between Chicago and...
Minneapolis:
$54,571
Minnesota:
$63,488
$912
Minneapolis:
$227,500
Minnesota:
$200,000
4.3%

Business Development Manager Job Listings

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Pay by Experience Level for Business Development Manager

Pay by Experience for a Business Development Manager has a positive trend. An entry-level Business Development Manager with less than 5 years of experience can expect to earn an average total compensation of $59,000 based on 21 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Business Development Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $93,000 based on 14 salaries. An experienced Business Development Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $95,000 based on 31 salaries. A Business Development Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $98,000 based on 14 salaries.

Key Stats for Business Development Manager

Gender

Female
28 %
Male
72 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.
Less than 1 year
2%
1-4 years
29%
5-9 years
11%
10-19 years
38%
20 years or more
21%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Business Development Manager Salaries

▲13%

▲10%

Mid-Career
▲7%

National Average
$87,000

▼32%

Skills That Affect Business Development Manager Salaries

Financial Analysis
▲31%

Microsoft Office
▲18%

Account Sales
▲17%


Sales Management
▲10%

Technical Sales
▲6%


Sales
▲5%

Strategic Sales
▲5%


Strategic Planning
▲2%

National Average
$87,000

Microsoft Word
▼4%

Project Management
▼8%

Powerpoint
▼17%

Microsoft Excel
▼18%

Job Satisfaction

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

Gender

Female
28 %
Male
72 %

Years of Experience

Less than 1 year
2%
1-4 years
29%
5-9 years
11%
10-19 years
38%
20 years or more
21%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 72%
vision benefits
Vision: 54%
no benefits
None: 20%
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